J.P. Morgan Reviews

Updated October 22, 2014
Updated October 22, 2014
4,141 Reviews
3.5
4,141 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
1,230 Ratings

Review Highlights

Pros
  • They actually hold women's meetings to talk about how to achieve work life balance (in 229 reviews)

  • Lots of great benefits such as a Pension, 5% matching contribution up to (in 196 reviews)


Cons
  • Work-life balance can be challenging in a non stop fast pace working environment (in 241 reviews)

  • Could be a lot of long hours if there is a new implementation or client (in 186 reviews)

More Highlights

Employee Reviews

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  1.  

    Great company

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

    I have been working at J.P. Morgan full-time (more than 10 years)

    Pros

    Jamie runs a great company. All the people i work with and for are extremely smart and motivated. If you are active in managing your career, the opportunities are there - but they do not come to you. There is a lot of mobility as well. I much prefer working for a US based bank, having worked for others.

    Cons

    It is a BIG company, and with it comes some groups that are better managed than others. It is not a place to work hard and hope good things come. End of year reviews can be brutal and you need to ensure you understand the rules upfront. And that you have a manager that has your best interest at heart.

    Recommends
    Positive Outlook
  2. 3 people found this helpful  

    Executive Director within CIB.

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

    I have been working at J.P. Morgan full-time (more than 10 years)

    Pros

    Great Executive Leadership Team focused on providing First Class Business in a First Class way. It's not just a tag line. It's our mission.

    Cons

    Pay increases for those that stay with the firm are minimal. There is a definite flattening of compensation going on within our industry.

    Advice to ManagementAdvice

    Don't forget to reward the loyal employees that deliver for the firm at year end.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Chase has been a great opportunity to expand my PM skills and learn new technologies.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President Technology Project Management in Columbus, OH
    Current Employee - Vice President Technology Project Management in Columbus, OH

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

    Pros

    Ability to move around and gain a greater breath of business acumen. Exposure to cutting edge technologies and work life balance add to the benefits.

    Cons

    Promotional opportunities are limited but ability to lateral is encouraged. The parking is very limited in the Polaris campus creating a culture of eating at desks for lunch since it is too difficult to leave for lunch.

    Advice to ManagementAdvice

    Promote within the company when warranted versus looking outside. While it is excellent approach to get fresh views into the company, it is a better strategy to carefully balance the new hires with internal promotions.

    Recommends
    Positive Outlook
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  5. 1 person found this helpful  

    Investment Banking Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Associate in Houston, TX
    Current Employee - Investment Banking Associate in Houston, TX

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

    Pros

    Great Financial Company. Good remuneration & benefits. Depending on the location, the jobs vary. In Houston, Tx, pretty much support roles for all levels of Investment Banking and Trading applications, related to Front, Middle, Back office Trading. Easy going atmosphere.

    Cons

    One would get bored doing repetitive tasks.
    Most of the classroom training are offered in India for employees there.
    But very recently, they have enhanced the training program, for online, self paced learning.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Solid company with solid talent

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

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

    Pros

    The people you work with are top-notc. They are more interested in getting the job done right than making sure they get credit for all the things that just happen to go right. Good vacation benefits and pay

    Cons

    Pay increases are incremental and not closely tied to individual performance, but rather to the performance of the division or organization.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    It's a grind but if you can stand out there is upward mobility.

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

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

    Pros

    Office culture is to produce results. If you aren't at the top management will be asking why and you will not advance. This is a pro for the top and a con for the under performers. You also get licenses which is beneficial for future opportunities.

    Cons

    You are just a number and a piece of a massive machine. Everything takes a lot more time than you would expect.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Decent company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Deposit Account Collections Specialist II in Columbus, OH
    Current Employee - Deposit Account Collections Specialist II in Columbus, OH

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

    Pros

    -Very competitive benefits packages
    -A lot of paid vacation time, even for new employees
    -tuition reimbursement after working for the company for 1 year

    Cons

    -Management tends to tow the company line, specifically when it comes to policy that doesn't make sense
    -grading for quality standards vary from manager to manager
    -training is not very good. peer coaching is excellent, but peer coaches are not adequately compensated so most stop assisting new hires after a week or so

    Advice to ManagementAdvice

    -streamline training and internally hire job-specific trainers, that way we can ensure they know what they're talking about.
    -compensate employees that do more for the company (peer coaches get bas pay and often miss out on the chance to bonus, usually resulting in the new hires getting more pay than them)

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Smart people, interesting tech in the right team

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

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

    Pros

    Surrounded by smart, capable people, including bosses. Almost everyone is friendly and easy to get on with. Some cool tech to play with if you're on the right team/project, though some products are old and stale. Solid pay and benefits, though not amazing. Work-life balance good in my team - work from home pretty much whenever I need to, take holidays pretty much when I like, some late nights but not all the time.

    Cons

    It's a big corp, so there's some fairly heavy bureaucracy pretty much everywhere you turn. While you're piloting an application, you get plenty of freedom, but once you go live, there's no escaping the red tape. Impossible to really be agile at that point. Also, I gather salaries and benefits aren't top in the industry, which is surprising considering JP's position.

    Advice to ManagementAdvice

    Wherever possible, try and streamline processes and red tape.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Place to make a long career

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

    I have been working at J.P. Morgan full-time (more than 10 years)

    Pros

    Spent 90% of my career at the firm... I would look at the positives as:
    * Global strength
    * Promotes from within
    * Mobility opportunities

    Cons

    Title advancement.The structure of titles (Associate, VP, Executive Director, Managing Director) does not always reward the employees that are making the best impact in the upper ranks. There are certain criteria in parts of the bank and make it challenging for impact employees to make managing director.

    Advice to ManagementAdvice

    Continue the course this is a great organization in which to work

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Executive Line Specialist

    • 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 (more than 3 years)

    Pros

    Empowerment, competitive wages, flexibility, large corporation, great benefits, encouragement to stay healthy. Company legal trouble doesn't seem to have a direct effect on employees.

    Cons

    Only room for advancement is with a different line of business or training. If you aren't in the "click" then its likely your hard work will be overlooked.

    Advice to ManagementAdvice

    Personal growth, direct career directions in the call center environment, encourage internal hires with pay increases and not just lateral moves.

    Recommends
    Neutral Outlook
    No opinion of CEO

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