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J.P. Morgan Reviews

4,161 Reviews
3.5
4,161 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
1,245 Ratings
  1.  

    Great place to learn, but you don't get paid for learning...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL

    I have been working at J.P. Morgan (more than 5 years)

    Pros

    *They let you try out new skills
    *Depending on what line of business you're in, the coaching and mentoring is great
    *Fast paced, you'll never be bored
    *They allow you to relocate
    *Good exposure to sr mgmt (if in the right position, at a major location) for jr employees
    *Great place to work for mothers

    Cons

    *Consistently low pay (no increase for learning challenging, valuable skills)
    *Notorious for offering lateral positions (you can either move up in current role, or over in another... Not upward in another function)
    *Each line runs as a silo and it can be very difficult to get traction for a position outside of your own
    *Annual review process is rigid and sometimes unfair (for instance: one year, many colleagues were out in leave and each received "Meets Expectations" as we were "expected to pick up the slack" despite working 2 jobs (and MANY hours) for 9 months
    *Raises are paltry and borderline insulting for the masses

    Advice to ManagementAdvice

    A pat on the back and a nice word from their boss is nice, but if someone stays around long enough and is a high performer, pay them. I know many colleagues who love their jobs and the banks but are grossly underpaid and are constantly looking to leave because of it. "Generous benefits packages" exist at a lot of companies.

    Recommends
    Neutral Outlook
    Approves of CEO

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