J.P. Morgan Applications Developer Reviews | Glassdoor

J.P. Morgan Applications Developer Reviews

Updated May 20, 2017
252 reviews

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Applications Developer

3.6
Star Star Star Star Star
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J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
112 Ratings

Employee Reviews

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  1. "Great work location, people a little cold"

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

    Pros

    Great pay, great location and work environment, people are high end and knowledgeable

    Cons

    Management is not that caring, tech support is not good , Management is not that caring, tech support is not good ,


  2. "Devlopers are underpaid"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer in Salem, NH
    Current Employee - Applications Developer in Salem, NH
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Corporate perks they offer are good.

    Cons

    Totally not worth the pay they offer for the job. The underpay way below market value and squeeze the work out of you. The corporate politics are endless. The upper management keeps changing and they do not have a clear vision about anything anymore.


  3. Helpful (3)

    "Application Developer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Applications Developer in New York, NY
    Former Employee - Applications Developer in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Good benefits. Good training programs. Support to move around, though internal mobility is a big joke, you wont be considered for bonuses or hikes for that year. Benefits are OK. Keep always training yourself, your rating may be unfairly downgraded, to avoid paying bonuses. They may use that excuse to lay you off or to make you move.

    Cons

    Zero or no growth opportunity. You will remain stuck, if you are in middle office technology. Work pressure would remain, your manager will try to plot against you to preserve his compensation. There is no sense of fairness in the company. You should get everything recorded in PMC. Try to collect as many reviews as possible in PMC.

    Everyone is a fraudster all the way from manager to MDs. They will squeeze technology to extent possible. Tech managers will plot to get rid of you. No one has any ethics or sense of fairness. They do not tell you anything about growth or rating practices. Same is prevalent across the company, everyone feels short changed. So they screw each other and once in a while screw the company. That's why you find the company getting fined almost every year.

    They should reveal their compensation practices to employees at time of on boarding. Also they should reveal rating policies and their impact. Do not make any internal move, its huge waste of time. Look always for yourself. Their logo is to do First class business in a first class way and to treat their employees in a third class way. Sometimes MDs are also aware of their practices, but would keep quiet to avoid problems for themselves and to get work done.

    Advice to Management

    Promote fairness and transparency in compensation and immigration benefits. Your managers have become under cutters, under takers and scavengers. They give false reviews.


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  5. "Employment experience was ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Applications Developer in Dallas, TX
    Former Employee - Applications Developer in Dallas, TX
    Doesn't Recommend

    I worked at J.P. Morgan full-time (More than 3 years)

    Pros

    - Safe job - even in re-orgs or when your team gets removed there is plenty of opportunity to move around within the company
    - The cafeteria at the Dallas location was great

    Cons

    Not an ideal environment for the software engineering career...
    - Very difficult to do your job due to: no admin access on computer, limited access to technologies and internet
    - Developers are generally not passionate, the firm does not generally encourage using new technologies and tools or "hacking" new ideas
    - Continuous learning was limited to very basic (and poor) internal training videos. Very few teams had funds to send developers to conferences, etc...
    - Many employees (especially on prod support) had to work long hours, my team's work-life balance was fine. Normal hours.

    Advice to Management

    Put a greater focus on technology, work cooperatively instead of against each other.


  6. "Application Developer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer, Associate in Houston, TX
    Current Employee - Applications Developer, Associate in Houston, TX
    No opinion of CEO

    I have been working at J.P. Morgan (More than 3 years)

    Pros

    Smart staff, lots of challenges, great to grow a career.

    Cons

    Very large organization, difficult to act fast due to red tape.


  7. "Good but bad"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer in Houston, TX
    Current Employee - Applications Developer in Houston, TX

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

    Pros

    Great reputation,
    Descent pay, benefits, 401k

    Cons

    Managers show attitude, lot of politics, no transparency, constant reorg and shuffling, lower and mid level management sucks, feedbacks are rejected, no trainings

    Advice to Management

    Be transparent, get anonymous feedback otherwise you never get the ground reality, respect employees, give equal opportunities to all


  8. Helpful (1)

    "Great job for grads. Not worth getting promoted."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer Associate in Columbus, OH
    Current Employee - Applications Developer Associate in Columbus, OH
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Benefits (401k Match, 4 weeks vacation upon hiring, pension, etc)
    Competitive starting salary for new grads
    Generally receive a yearly bonus
    Co-workers - most are helpful and freindly
    Immense amounts of internal training available

    Cons

    Poor compensation policies -promotions don't guarantee raises and it's rare to get your salary reviewed = no reason to take on more responsibility. ADVICE: Negotiate your highest salary at hiring.
    Poor Performance review practices -still use forced ranking -objectives and feedback meetings are just checklist items for managers to complete
    **A lot of bureaucracy and it is getting worse
    "Controls" environment goes overboard and causes most development work to be more difficult and take longer than necessary.
    Risk teams often don't understand technology or how systems work together, complicating the development and maintenance of applications.
    Poor and disorganized project planning full of bureaucracy -causes tech debt to go unaddressed

    Advice to Management

    Stop trying to save money at the expense of the employees
    Pay your internal employees what they are worth especially if they are taking on more responsibility
    Have clear compensation policies rather than leaving it up to managers to play favorites
    Cut back on bureaucracy and consider the impacts when adding new responsibilities to teams
    Connect with the bottom line employees to understand how your wide brush stroke changes impact their daily lives. You may also learn where you can make changes to improve efficiency


  9. "Difficult Environment, but Management tries to make the best of it"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer Lead in Chicago, IL
    Current Employee - Applications Developer Lead in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits are fantastic. I would complain about the healthcare, but I suspect across the US everyone's healthcare costs continue to rise. Management is engaged to provide the best employee experience. There is ample training available to everyone. Rewards go to those that demonstrate hard work, innovation, cost reduction--type thinking and doing.

    Cons

    Regulatory environment prevents associates from being free to quickly react to change. Being the largest bank by assets in the US makes JP Morgan a prime target for cyber attacks which results in more work for all associates to secure the computer environment.

    Advice to Management

    Keep going. The effort provided to constantly improve the environment for the employees is appreciated


  10. "Innovative Thinking"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Applications Developer in Columbus, OH
    Former Contractor - Applications Developer in Columbus, OH
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at J.P. Morgan as a contractor (Less than a year)

    Pros

    Excellent practices in uses of programming and operations. Tech leads work very well with project managers, business systems analysts, and upper management.

    Cons

    Often times at JPMC, promotional positions are few and far between, salary increases are rare, and bonuses aren't necessarily based on performance, but whether or not your manager likes you.

    Advice to Management

    Please keep the contract-to-hire team honest. When they gave numbers to hire myself and 20 others, their final offer was exactly 10% lower in the end. This may be a standard practice, but it's so dishonest.


  11. "Application Developer Role"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer in Houston, TX
    Current Employee - Applications Developer in Houston, TX
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Stable environment, reasonable pay and bonus, good 401k, retirement plan

    Cons

    Bureaucracy
    Everything involves long process chain to get things done
    Limitations on using the bleeding edge or even leading edge technologies, most of the time strong internal resistance against the use of a new technology
    Being a bank, even technology decisions are based on what is the least risk