JPMorgan Chase Reviews
Updated Feb 12, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 1,767 ratings Employees say it's "OK" |
CEO Rating
Based on 1,281 ratings
Chairman, President, and CEO |
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Pros
Bank hours. Decent pay. Great opportunity for advancement for those who want to take advantage. Good work/life balance
Cons
Calling customers about promotions is my biggest hang up. Becomes a bit like telemarketing. Not to keen on that.
Pros
1. You get required softwares, hardwares without much explainations.
2. Vacation Leave Policy is good.
3. More no of sick leaves compared to other organizations.
4. Get good bonus if your work is satisfactory.
Cons
1. Some processes are very rigid and things move slowly.
2. Lot of restrictions from security point of view.
Advice to Senior Management
Sometimes it feels that offshore employees are taken for granted.
Pros
Great pay
Great benefits
Good hours
Positive learning experience
Managers cross train
Always room for growth
Cons
Really high sales expectations
Sometimes managers are unfair with days off
Very strict with policies behind teller lines
Can be stressfult
Advice to Senior Management
Tellers have personal lives as well with kids and people they take care off so having such strict policies about cell phones is really inconvenient.
Pros
Work life balance, compensation and clear policies towards employees.
Cons
Senior Management lacks depth locally.
Advice to Senior Management
Get upto the standards of your global counterparts!
Pros
Great opportunities for career advancement. Extensive resources available for professional development. Culture is very inclusive and welcoming, though still competitive.
Cons
A very large organisation means that it can be difficult to see the direct result of the work that you do. Very structured and laboured approach to risk.
Advice to Senior Management
Management is outstanding. Workflow could be improved by streamlining the way in which approval is given for risk taking activities.
Pros
Commision is better than other banks
Name recognition
Cons
Upper management forces you to use canned sales tactics on customers. Too robotic, not personal.
Advice to Senior Management
Let your managers, bankers and tellers be real people, instead of forcing canned answers. And for the love of God, stop working the lobby.
Pros
- Unparalled training program
- Top tier investment bank/sales and trading
- History that makes the place feel special
- You're one of the big boys here - prestigious plays to work
Cons
- Upward mobility can be very political (but where is that not the case?)
- Bank owned investment bank has it's trade-offs
- Always worried about lay-offs
- More and more compensation is deferred
Advice to Senior Management
- Focus on diversity
- Be candid with middle-management and encourage transparency to the rest of us
- Encourage internal promotions (rather than hire new department head who simply brings in new team every few years)
Pros
Work hard and the opportunity for advancement is great.
LOVE MY MANAGER
Great benefits
Lots of support
Great employees
Cons
Wages are a bit low.
Advice to Senior Management
hold people accountable for their performance
Pros
stable and prestigious company to work for. Great room for advancement. Great benefits. Many locations across different states. Depending on your views of education- not necessary for moving up in the company.Unfortunate but true.
Cons
If on the retail level, lots of pressure around sales goals and making "PVC's" You will grow to hate the word 'PVC's". No focus on education advancement. Low quality managers, many without a college education and not quite polished.
Advice to Senior Management
Hire better managers with at least a bachelors degree. Focus on running a more quality business and stop nickle and dimming employees on incentives. Pay bankers a higher base so they can focus on better servicing customers and not on makings PVC's but rather doing what is right for the customer.
Pros
Good salary in gratifying field. There is also area for future advancement at the company and excellant connections for future jobs
Cons
Well you must stay at the office for really long periods of time such as pulling 2 all nighters at the office
Advice to Senior Management
you should not change much since the long hours is expected with the job but a couple of vacation days would be nice



