J.P. Morgan

www.jpmorganchase.com
Employer Engaged
There are newer employer reviews for J.P. Morgan

 

Deadend

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

I have been working at J.P. Morgan full-time (more than 8 years)

Pros

At least I am employed, for time being.

Cons

constant layoff rumors, no advancement, over 8 years in management, transferred to this state within company unable to get position so I took what I could get. This was a mistake because then they only were allowing lateral moves so was never able to achieve managerial position again. Previously with 5 years with the company your vacation was 5 weeks, they changed the policy and now the most you can get is 4 weeks. They also downgraded the health insurance where it costs more and the best policy they offer now is awful. Bonuses are non-existent for most employees now. Luckily I still get a yearly, rather than monthly but my yearly is the equivalent of what one of my monthly was. Many people around me didn't even get a yearly bonus this year. As you guessed company moral is very low. To advance in the company you must become best buddies with the right group, it's common knowledge around they only advance their friends, even ones that don't have degrees or the experience required for the position. Definitely time to move on to another company.

Advice to ManagementAdvice

Instead of promoting buddies, without the experience and knowledge, try to promote people who truly know the job. People don't have faith in management, for every good manager there is at least 20 that don't know what is going on, don't have the experience level and degree, and are unable to answer simple questions management should know. It's a joke. It is part of the reason so many errors and lawsuits are becoming common within the company.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

4885 Other Employee Reviews for J.P. Morgan (View Most Recent)

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  1.  

    JPMC Mortgage Banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Underwriter - Mortgage Banking in Chicago, IL
    Former Employee - Senior Underwriter - Mortgage Banking in Chicago, IL

    I worked at J.P. Morgan full-time (more than a year)

    Pros

    Work with great people, get phenomenal on the job training and assessment.

    Cons

    Quality reviews are essentially pass/fail, so any indiscretion could be disastrous for your career.

    Advice to ManagementAdvice

    Empower employees through education and training rather than through fear of job loss.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Company has changed

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

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

    Pros

    Great products, that customers actually want

    Cons

    Terrible work life balance, culture is become awful

    Advice to ManagementAdvice

    Fire every District Manager nationwide

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
There are newer employer reviews for J.P. Morgan

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