JPMorgan Chase Reviews
| 1 - 10 of 425 JPMorgan Chase Reviews | Sort by |
Pros
Relatively competent yet down-to-earth people to work with.
Promotes teamwork and diversity.
Helps you find and move within the company, georgraphically and industry-wise.
Cons
Relatively lower salary base + bonus compared to its peers.
Typical long hours, but perhaps not much recognition for junior employees.
Advice to Senior Management
I actually respect Jamie Dimon for what he has done to the company and survived through the meltdown, as well as how he fought his way back to Wal St.
Pros
Strong, solid reputation; pay for performance; work life balance is followed but highly dependent on immediate manager
Cons
- Too many acquisitions create sense of fiefdoms in various areas
- Information sharing is limited as people are understandably fearful of losing jobs
- Some things are incredibly bureuacratic and seem to be so for no apparent reason; people make things that should be simple unnecessarily complex.
Advice to Senior Management
- Continue providing candid and timely feedback regarding status of position eliminations
- Encourage information sharing; too many are fearful of losing their jobs/headcount that they lead by intimidation
Pros
Good culture and generally avoided many of the problems because people were encouraged to speak up when they did not understand things.
Cons
You are expected to participate in every extracurricular activity in order to advance.
Advice to Senior Management
Cut bureaucracy and reward profitable activity
Pros
Lots of opportunity, but you need to keep promoting yourself. Rarely will other groups come looking for you.
Cons
Staying in one group is not the way to advance. Perhaps 2 years tenure in any one group ... then find a new group to learn more about the bank. A wide range of expertise will help you advance at JPMorgan.
Advice to Senior Management
Try and be ahead of the trends, not just keep up. Try something new and innovative.
Pros
Good Name in banking, Decent pay, indoor relatively easy job (most days)
Teller - former WAMU Branch
More tools and software to assist customers (Images of items, ect)
Vacation, deferred holiday, Sick time, and low interest employee cards
Cons
Next day availability of transit items, Changed WAMU teller incentives, becoming more sales driven, Poor communication about changes in policy.
Advice to Senior Management
Communicate more with employee's, Performance reviews should be happening in the branch level, Make it easier for employees to move around in the company.
Pros
They tested the domain knowledge and also saw whether I was really interested in the job. Overall it went on smooth
Cons
Little slow to advance within the organization...not aggressive enough...there is a lil bit of beaurocracy
Advice to Senior Management
It would be better to let go of the politics in the organization
Pros
Stable company
Prestige and Brand Name
Cons
Very Political
No career growth path - Employees are not respected.
Management shoots the messenger
Culture makes you CYA on everything you do.
Advice to Senior Management
Actions speak louder than words. Actually treat and respect your employees, don't just publish memos and policies that sound good.
Pros
Good place to learn and make contacts but tough place to have a career - unless you are very political.
Cons
Not much loyalty towards employees but employees aren't that loyal to the company either - chicken or the egg issue?
Advice to Senior Management
Use this downturn in the economy and the financial services industry to keep the best people - not necessarily the most political.
Pros
Co-workers were great
Benefits
prestige of working with a big firm
Cons
Very political
Some middle managers not too concerned with employee development
Advice to Senior Management
Executives are great but middle management not trained to develop employees
Pros
The people in teams are selected rigorously, so many people know what they're doing. You get to work with teams across the country, and from other nations as well.
Cons
No motivation to work for most people. Some projects are used by so few people that many people in the group do not feel any enthusiasm for the project.
Advice to Senior Management
Make it a fun place to work for the technology division. Right now, its stuffy and boring and people hate to go to work sometimes.
|
RSS Feed for JPMorgan Chase Reviews |