J.P. Morgan

www.jpmorganchase.com
Employer Engaged

J.P. Morgan Reviews in Illinois

Updated February 26, 2015
Updated February 26, 2015
276 Reviews
3.3
276 Reviews
Rating Trends

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

Review Highlights

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

  • Lots of great benefits such as a Pension, 5% matching contribution up to (in 207 reviews)


Cons
  • Work-life balance can be challenging in a non stop fast pace working environment (in 262 reviews)

  • Could be a lot of long hours if there is a new implementation or client (in 197 reviews)

More Highlights

276 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Career growth

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

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

    Pros

    Supported going back to school and provided ample growth opportunities. Promoted twice, travel internationally is possible. IT is a utility here not a revenue generator so be ready for businesses to treat you like staff and not experts.

    Cons

    Decision making is geographically centered on New York where the employees are not the leaders they just happen to have seniority and are physically located to the executives. New York centric mentality as well as the American mentality that we push decisions down to all other country leaders. Not a truly global mindset here. Approaching 250,000 employees.

    Advice to ManagementAdvice

    Meritocracy - make it happen. Diversity is a joke and inclusion is required. Very much an old boys network. Firm needs to stop being complacent with being the leading back and put focus on innovation to be a true leader in the industry.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    I loved working for Chase my position was very challenging and a constant changing environment which I loved.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service/Implementation Senior Specialist in Elgin, IL
    Former Employee - Customer Service/Implementation Senior Specialist in Elgin, IL

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

    Pros

    My managers were excellent with my goals, training and I was promoted within 3-4 years.

    Cons

    I have nothing negative to state about Chase, the challenges I faced were part of my job.

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Middle Managsment Leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Manager in Elgin, IL
    Former Employee - Team Manager in Elgin, IL

    I worked at J.P. Morgan

    Pros

    As an employee of Chase you have the opportunity to create a great career with steady increase and new job opportunities. As in any large organization if you have a positive attitude, great peer to peer relationships, customer satisfaction, follow through, accuracy, quality and meeting goals consistently and honest you have a promising and lucrative future if you are willing to commit to a year in current position.

    Cons

    Legal/Quality control will put out fires, search for the smallest errors based on specific scripting written that is not customer friendly, conversational friendly and employees become penalized for errors in reading disosures. No offer to send the disclosure to consumer or a link to agree to program terms. No one listens and the consumer agrees with understanding because they just need a lower payment and finance charges.

    Advice to ManagementAdvice

    Fear, penalizing for small items that are not perfect makes people look for their exit strategy and causes a high churn rate due to dissatisfaction of position. Too much Managsment vs Leadership -- when you invest and believe in people they will amaze you! Also a manager that performs higher then all others and is suspected of manipulation, barrating their employees--- maybe you should take that into account before promoting the person.- a lot of discussion of negative behaviors about employees only give attention to the 5% complaining ignoring the other 95% do what they are hired to do daily. Career training and mentor programs lack.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Career mobility

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Licensed Relationship Banker in Aurora, IL
    Current Employee - Licensed Relationship Banker in Aurora, IL

    I have been working at J.P. Morgan

    Pros

    It is a very strong company with a lot of history

    Cons

    Lack of leadership from management

    Advice to ManagementAdvice

    Evaluate District managers, the majority have no people skills.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Underwriter II

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Underwriter II in Downers Grove, IL
    Former Employee - Underwriter II in Downers Grove, IL

    I worked at J.P. Morgan

    Pros

    There is monthly training,the ability to search and apply for jobs within.

    Cons

    Low moral,expectation for 100% accuracy at all times making a few errors could cost you your job or have you an an action plan that may cost you your job.

    Advice to ManagementAdvice

    Make the work enviornment a more friendly place to work. Use errors made as a learning tool not a reason to release a good employee.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  7.  

    Great company to work for

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

    I have been working at J.P. Morgan as a contractor (more than 3 years)

    Pros

    Guided career path when you reach out for it

    Cons

    No cons, flex-time perks, perks for raises, overtime perks, work from home perks

    Advice to ManagementAdvice

    Continue path to transperancy

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Company was great to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - In Store Personal Banker in Downers Grove, IL
    Former Employee - In Store Personal Banker in Downers Grove, IL

    I worked at J.P. Morgan

    Pros

    Very flexible schedule and lots of opportunity to grow within the company. Management was very helpful in getting new hires up to speed and determined to help. Health benefits were amazing!

    Cons

    Compensation for sales goals is not anything to get excited about.

    Advice to ManagementAdvice

    Try not to forget that the job is like a plant, it needs constant watering. Just when you think someone knows all the ropes, they don't. Try and challenge the employees in new creative ways.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    It takes a long time to move up and your talents are not noticed.

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

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

    Pros

    Great people
    Pretty good vacation
    Stable
    IT is pretty helpful

    Cons

    Terrible health insurance
    Hard to move up

    Advice to ManagementAdvice

    Get IT to upgrade browsers and software.

    Recommends
    Neutral Outlook
  10.  

    Profitable company with good career mobility for high performers.

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

    I have been working at J.P. Morgan

    Pros

    Good work-life balance even at exempt levels. Lots of Locations + Many Employees = Good amount of networking opportunities.

    Cons

    As with any large firm, bureaucracy runs rampant in some parts of the organization. Too many silos.

    Advice to ManagementAdvice

    Leaders seem to be getting tunnel vision with their new site location strategy, which leads to low morale and fear of lost jobs in the 18 non-hub areas (300+ areas across 800+ offices).

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great Company but Management is all about numbers

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

    I worked at J.P. Morgan

    Pros

    JPMorgan provides great training, benefits and compensates well if you are a producer.

    Cons

    Management is disconnected from the people.

    Advice to ManagementAdvice

    Pay attention to your employees. If you are experiencing high turn over than there Is a problem with management.

    Recommends
    Negative Outlook
    Approves of CEO

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