J.P. Morgan Reviews

Updated July 3, 2015
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3.4
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Approve of CEO
J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
1,923 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

5,511 Employee Reviews

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  1. Helpful (4)

    Analyst

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

    I worked at J.P. Morgan

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

    Pros

    Good people, good network, good vibe

    Cons

    Long hours, treated like dirt


  2. Great place to work

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

    I have been working at J.P. Morgan full-time

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

    Pros

    Diverse, global career opportunities. Teams are very bright, hard-working and lots to learn from both junior and senior colleagues. Top opportunity for investment banking careers.

    Cons

    There are no real issues that are very different than those of its largest, most established competitors. What you would expect in the industry.

    Advice to Management

    Recognize that the financial services industry is changing and address with your employees. Even with a huge organization changes can be made to address bureaucracy.


  3. Executive Director

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great history, the word's best bank and firm

    Cons

    The pace and commitment is not for everyone


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Good company

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great to work for, lots of vacation time, very flexible with regards to schedule

    Cons

    Not very competitive with pay in relation to comparable companies. Hard to move up because there is a cap on raise when changing departments. As far as technology, they are behind.

    Advice to Management

    Have a clear vision of where you want the team to go in and execute. Hire people that will help with execution and pay good employees so they want to stay.


  6. ABM

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at J.P. Morgan

    Pros

    good company, good 401k,

    Cons

    long hours, management, lots of changes


  7. csa

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

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

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

    Pros

    Great time off, good environment, lots of growtg opportunity

    Cons

    The hourly pay is low and lost bonus due to company restructuring


  8. Experience

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

    I have been working at J.P. Morgan

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

    Pros

    Great company to work for and start your career.

    Cons

    Its a big company so you need to have corporate patience


  9. Part time teller

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant to Head Bank Teller in Brooklyn, NY
    Former Employee - Assistant to Head Bank Teller in Brooklyn, NY

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

    Pros

    The work was relatively easy, my coworkers were easy to get along with

    Cons

    Job changes were bureaucratic at times


  10. Helpful (1)

    AML/KYC Officer

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

    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

    The company is large so there are lots of jobs posted and the opportunity to move around is there--it's not terribly difficult. The key is networking, which is abundant. Being internal gives you a better idea of the job titles and salary ranges available for various jobs. If you're applying from the outside it's an undecipherable corporate maze. There's lots of groups and internal resources. The company has some nice perks for events and activities in and around NYC. There are lots of JPMC office buildings and each has its own culture. The HQ at 270 Park Ave is super flashy (which some like and some don't) and has a nice employee cafeteria and an internal Starbucks. There are on site nurses, doctors, physical therapists and lots of other services available for employees. The culture of work/life balance and all other such things depends solely on the Line of Business (Commercial Bank, Investment Bank, Asset Management, etc). The Retail Bank is probably a standalone entity that cannot be compared to any of the other lines of business because it is incredibly different and distinct. Most people in Commercial Bank seem to be the happiest and most content with their colleagues even if they don't particularly care for their job. But that's what the internal job referral site is for. Move on! Move up!

    Cons

    Large corporate maze. Moving around can be hard to do because corporate titles are hard to understand even internally. There are tens or even hundreds of thousands of people in some Lines of Business making it very hard to know what people really do. There are a TON...absolute TON of middle managers. Just managers in charge of other managers who really shouldn't be employed but were moved or shuffled from some other reorganized area and ended up being a manager of managers. Pay is not as high as the competitors like Goldman, but JPMC is so much larger that it wouldn't make economic sense for that to be he case (this doesn't apply to Investment Banking, as that is a different animal).

    Advice to Management

    Be competent. Learn the job from a technical aspect so that you can contribute and not just read spreadsheets and charts. Don't be afraid to promote top talent. At least you'll keep them in the bank and add some levels of competency to the bank. Otherwise the truly smart people will seek employment elsewhere.


  11. Associate

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

    I worked at J.P. Morgan

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

    Pros

    Global mobility, culture, training and development.

    Cons

    Long hours, average to below street compensation



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