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Great company to work for, doesnt pay as well as one thinks

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Prime Brokerage Analyst  in  New York, NY
Current Employee - Prime Brokerage Analyst in New York, NY

I have been working at J.P. Morgan full-time for more than 3 years

Pros

Solid company, better of the large banks

Cons

either you know someone or won't get the job

Advice to ManagementAdvice

Need to pay better

Recommends
Positive Outlook
Approves of CEO

Other Reviews for J.P. Morgan

  1. 1 person found this helpful  

    JP Morgan Chase - Global Technology Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Architect  in  Jersey City, NJ
    Current Employee - IT Architect in Jersey City, NJ

    I have been working at J.P. Morgan full-time for more than 5 years

    Pros

    Great Salary, Lots of responsibility, fast paced environment, leading edge technology

    Cons

    Long hours are expected. There were many weeks that I worked 60+ hours. It was needed to get the job done.

    They are constantly looking to cut cost and people is one way that they do that. Doing more with less it the common montra.

    I don't know if they still do, but they used to use a forced ranking system that demanded that 20% of the employees in a department were Exceptoinal, 70% were Acceptable and 10% were in need of improvement. This worked fine for a couple of years, but eventually good people were forced into a need improvement ranking because we had to meet the distribution curve.

    Advice to ManagementAdvice

    Realize that you can't keep cutting staff and still have a reasonable work life balance.

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at J.P. Morgan full-time

    Pros

    Great company to work for

    Cons

    Have some shady business in the CIO

    Recommends
    Neutral Outlook
    Approves of CEO
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