J.P. Morgan Reviews

Updated July 11, 2015
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3.1
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Approve of CEO
J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
12 Ratings

Pros
  • They actually hold women's meetings to talk about how to achieve work life balance (in 243 reviews)

  • Great benefits including a pension (in 207 reviews)

Cons
  • Work-life balance was not so good (in 262 reviews)

  • Very long hours (had to come in at 7 in the morning) (in 197 reviews)

More Pros and Cons

50 Employee Reviews

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  1. Amazing place if you want to try different things over time

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Boston, MA
    Current Employee - Business Analyst in Boston, MA

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Intra company transfers / mobility give you the flexibility to try a variety of different roles over time.

    Cons

    Growth could be slow depending on which dept you land up in


  2. Senior Financial Reporting Analyst

    Former Employee - Senior Financial Reporting Analyst in Boston, MA
    Former Employee - Senior Financial Reporting Analyst in Boston, MA

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

    Pros

    Group was entrepreneually in nature as Hedge Fund Services was fairly new.

    Cons

    Typical corporate culture. Upward mobility based more on tenure than actual results/performance.

    Advice to Management

    Reward top talent


  3. Application Support

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Applications Support Analyst in Lowell, MA
    Former Employee - Applications Support Analyst in Lowell, MA

    I worked at J.P. Morgan full-time (More than 10 years)

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    I worked at JPM for 14 years in support. The first 12 were great. I worked in a busy environment that sometimes required long hours, but my bosses were great. They put in as many hours as anyone and were always available. Hard work was acknowledged and rewarded at review and bonus time. I worked with a great group of people.. it was a pleasure to go to work every day. Pay and time off were excellent. I was hired before the economy went south, and I will be the first to tell you I was paid very well. There was a lot of overtime to be worked, and I took advantage of that.

    Cons

    The last two years. They forced out senior management and began the process of laying off 200+ (competent but well-paid) employees, almost all of whom had worked at JPM for more than 10 years in technical capacities. My new managers were 2 stooges who knew nothing about banking (they came from a liquor business and did not last long at JPM). They announced a move to Tampa and began the process of hiring and training new people. Many of us were offered the opportunity to relocate (verbally, of course.. nothing was in writing), but no one accepted from my team. The new hires were frauds as well, and support became a dumpster fire every day. I had the privilege of training this crew, and my last day could not come quick enough.

    Advice to Management

    This management? They are so arrogant (starting with the top dog), they think anyone who works for JPM is lucky to be there. They have no regard for their employees or their customers anymore. Just the stockholders.


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  5. general

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Boston, MA
    Former Employee - Financial Analyst in Boston, MA

    I worked at J.P. Morgan

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great benefits, professional people. You can meet a lot of people through this organisation.

    Cons

    work/life balance is not ideal for me personally, depends on your situation.


  6. Corporate IT Gridlock

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Project Manager in Boston, MA
    Former Employee - IT Project Manager in Boston, MA

    I worked at J.P. Morgan full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Compensation was average. Layoffs are executed without regard to business continuation.

    Cons

    Reliance on mainframe computing stifles innovation. Desktop systems were antiquated, slow and unsupported.


  7. Fixed Income Sales

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in Boston, MA
    Former Employee - Sales in Boston, MA

    I worked at J.P. Morgan full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Never take home work with you

    Cons

    stressful during the day and some of the people are jerks


  8. Helpful (2)

    Let's s Start Telling the Truth Here . . . .

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President - CIB in Boston, MA
    Former Employee - Vice President - CIB in Boston, MA

    I worked at J.P. Morgan full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Benefit package is comparable to others in financial services.

    Cons

    Everything else - you have no value as an employee; everyone is expendible; you give up your life when you walk through the door. If you have a family, kiss them goodbye now because you will never see them again. 18 hour days are the norm. Everyone is constantly afraid and terrified of making any little mistake. You are expected to lie, and to tell the lies that senior management dictates. If you don't, you're gone or banished. Senior management is clueless, manages by crisis to crisis, and is completely occupied with its own self-preservation. And, just try to find a clean and working restroom when you need one. They'll tell you to go use the bathrooms in the hotel next door if you don't like it.

    Advice to Management

    Grow up and start treating people the way that you would like to be treated. Adequately staff, and stop lying, cheating and promoting a culture of dishonesty and concealment.


  9. AWFUL

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Worst Place to Work in Salem, NH
    Former Employee - Worst Place to Work in Salem, NH

    I worked at J.P. Morgan full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    nothing good to say, no state income tax

    Cons

    immature management, low pay, mean spirited people

    Advice to Management

    get a life you loosers


  10. Its a good Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Reporting Analyst in Boston, MA
    Current Employee - Financial Reporting Analyst in Boston, MA

    I have been working at J.P. Morgan full-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Its a good company. The companies value is okay.

    Cons

    People work long hours which affects work-life balance


  11. Solid experience and great work ethic

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Reporting Analyst in Boston, MA
    Current Employee - Financial Reporting Analyst in Boston, MA

    I have been working at J.P. Morgan full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Global firm, with a global reach. Smart people, will push you to raise your expectations of yourself Competitive compensation

    Cons

    Poor IT department Still frying to consolidate all acquired businesses into one Mobility accross different lines of busineses is not easy

    Advice to Management

    Be more receptive to staffs desire to move on.



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