JPMorgan Chase Reviews

Pros

good bonus
32 offs including sick leaves

Cons

location centric
management lacks vision
lot of unprofessional ppl hired in 2008 who are not upto the mark

Advice to Senior Management

Please retain good ppl and kick out non performers

Pros

High-caliber colleagues
Smart people
Huge brand recognition
International platform is excellent

Cons

Long hours
High expectations
Unfriendly work environment
Arrogance

Advice to Senior Management

There's more to life than just JP Morgan

Pros

Its a great place to work and I would not change it for any other opportunity. Overall good place to be.

Cons

I wish I could have had more flexible hours. The location is also not a great place for recent grads.

Advice to Senior Management

Be more accessible I didn't feel comfortable going up and talking to management for fear of being in some trouble

Pros

Great Brand & Ethics, Good Work Culture

Cons

Promotions depend on how fast the team has grown rather than Individuals skills and experience.
A lot depends on your senior managers.
No visibility or planning for career development, Great for those who joined early. Now promotions are tough.

Advice to Senior Management

Kick Out Senior Incompetent Managers. Assess promotee's skills and experience rather than need and part of same team. Have career plan for each employees.

Pros

Great Management if you are a team player they care

Cons

Some people dont care especially if they are on salary ex underwriters

Pros

opportunity to switch from one deprtment to the other.

Cons

if u have a low payng job that requires no education u r going nowhere whether u r with chase or the vatican.

Advice to Senior Management

keep up the good work for ur own benefit.

Pros

I came from a retail background so I appreciated being off no later than 6:30 mon-fri, no later than 4:15 on saturdays, and off sunday. It's a large company with plenty of room to move around and grow and even part time employees can enroll in benefits and 401K packages after 90 days. There are monthly bonuses for the customers you refer over to a banker and who get something (like a new checking account, or credit card application--the banker does all the work, all you have to do is get the customer over to see one). If my co-workers and managers weren't so awful, I would probably still be working there.

Cons

I worked as a teller, and though no where in the job description or interview process do they mention teller referrals, they are mandatory. Of course you get paid monthly bonuses for your successes, but the manager gets really pushy about them, which I disliked. The management team makes such an impact on the bank, if you have a crappy team you will not enjoy your job. Also, it's very taxing working with the public all day. Customers take out their frustration about Chase on you, yelling at you because their check cant be cashed or their account was charged a fee. You need a lot of patience for this job. I left because the team I was with didnt carry their own weight (and I received a better job offer elsewhere). If you're good, you will be appreciated and there is room to move around, but I didnt enjoy being a teller. You have the most important role in the bank but it is the least respected

Pros

Prestige
Stability
People are generally polite; it is an al right environment to work in and you get paid reasonably well

Cons

Too large
Impersonal
The structure there is very top heavy and there is not much avenue for career advancement as people just sit on their positions to continue collecting their bonuses

Advice to Senior Management

You can do better, make employees feel more valued. The bank is doing ok, but don't rest on your laurels

Pros

Quality of co-workers is good. So you are not stuck due to incompetence of someone else (atleast not for long) as often happens in service industry.
If you have the right level of assertion and execution capabilities, you can get good visibility which you can utilize to get faster promotions.

Cons

If you are at non-management level, Increments will be getting tinier year after year; and if you have entered on lower level of salary band you will take years to reach a decent level. Strongly advice to enter only at higher levels to enjoy better raises and faster promotions. Else be prepared for a stagnated career.

Going towards the service industry way. Employees were once considered asset (maybe they are still considered so in few geographies). Now its a body shop.

No career path. People are stuck doing same stuff with no visible career path.

No onsite opportunities.

Compared to service industry, the salary will only be 20% higher in most cases or atleast that will become the case in 2 years time once you join. In my opinion, service industry provides better career path, opportunities; though the base salary may be a tab lower than JPMC

Advice to Senior Management

Lets face it. Good compensation is the only reason one joins a captive (inspite of odd working hours and limited career growth). Take that away and there is no reason one would want to stay in a captive.

Pros

good benefits
easy job, not so high strung working environment
paid training, a 2 week course that was super easy
pretty good hours

Cons

micromanagement style. it's basically a sales job because manager really pushed for referrals. also treated us like we were kids, giving us candy when we did something good and talked to us like we would have a hard time comprehending whatever she was saying. we're all adults here...

Advice to Senior Management

have more confidence in your employees. no more micromanagement please.