J.P. Morgan Reviews | Glassdoor

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J.P. Morgan Reviews

Updated January 20, 2018
12,698 reviews

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3.7
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12,698 Employee Reviews

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  1. Helpful (160)

    "Overall, a great company. I was happy there."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Director in New York, NY
    Former Employee - Executive Director in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at J.P. Morgan full-time (More than 10 years)

    Pros

    Strong brand, ample training opportunities, great corporate responsibility.

    Cons

    Bureaucracy, often too many obstacles to get things done. Many managers and senior leaders are just not good at what they do. Either not good at managing others or simply not good at leading. A title doesn't = effective leadership. I was blessed to have great colleagues and good managers, but that is not always the case for everyone.

    Advice to Management

    Don't bite the hands that feed you. Downsizing is a reality, but often those at the helm making the decision as to whom to cut make the wrong choices. I've seen too many good people get downsized. Also, hold senior leaders and managers more accountable. Tie their compensation to how effectively they manage people and use metrics to support their success and shortcomings.


  2. "Overall Good Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Attorney in New York, NY
    Current Employee - Attorney in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    • lots of room for growth
    • good internal mobility opportunities
    • global offices
    • great corporate responsibility and philanthropy initiatives
    • good wellness program

    Cons

    • pay can be much lower than average/market, especially in certain functions (e.g., legal, compliance, etc.) that are not the firm's rainmakers (e.g., investment banking, asset management, etc.).

    Advice to Management

    Keep up the good job.

  3. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Banker in New York, NY
    Current Employee - Relationship Banker in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Commissions are good. Work ethic equals good pay. The incentive plan, retirement 401k and pension plans are good. Medical plan options which include MRa contributions by Chase

    Cons

    Micromanagement by the managers. Managers more worried about their scorecard than whether the bankers make money. Every year the incentive plans get worse for the bankers.

    Advice to Management

    Let bankers treat this job as a career


  4. "Great workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great benefits and opportunity to grow within the company!

    Cons

    Company has quotas and expectations for banking position

    Advice to Management

    Better management, training, set realistic sales quotas


  5. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in Marietta, GA
    Current Employee - Assistant Manager in Marietta, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits and good company to work for

    Cons

    Better leadership and better direction for the company

    Advice to Management

    Know where you want to go as a company


  6. "Business Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Elgin, IL
    Former Employee - Anonymous Employee in Elgin, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at J.P. Morgan full-time (More than 8 years)

    Pros

    Good opportunity for advancement, good communication

    Cons

    Lot of uncertainty regarding facility


  7. "Great investment bank to learn"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at J.P. Morgan full-time

    Pros

    Amazing opportunity to learn
    Strong deal flow
    Well respected

    Cons

    Bureaucratic given size of firm

    Advice to Management

    More ratings and trajectory transparency

  8. "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexible working agreements sometimes allowed

    Cons

    Management now aware of teams value.


  9. "Mobility opportunities, career growth aplenty, but overall work culture is just OK"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Systems Analyst in Chicago, IL
    Current Employee - Business Systems Analyst in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I was able to work my way from a temp data entry job to software tester to business analyst with no college degree or background in computer science, mostly through hard work. Getting noticed coming from where I did took a little while, but once I made my first big step my career trajectory really took off. All the tools you need for career development are provided and mobility is encouraged and celebrated. All you need is the desire, and a little talent. In my line of business, we have gone away from a command-and-control management style towards autonomous teams, and while the road to get there has been a little bumpy, and we aren’t all the way there yet, overall I think the trend to empower the employees had been positive. Generally speaking, my managers serve an admin role but are also supposed to be coaches. Some are better than others at this role, and I do see a little bit of resistance to this change.

    Cons

    It’s easy to feel lost in such a large, global company. As an entry-level employee it took me years to understand what opportunities were available to me, and what the path to Associate or VP looked like. But perhaps that’s due to my unique path more than anything else. Practices vary wildly depending on which line of business you are in, so cross-team collaboration is always challenging. Transparent communication is preached but not always followed. Culture is hit-or-miss, as some teams I have worked with have had a really good vibe, and others make work feel more like just punching in the time clock everyday. As with any large company, your experience will vary depending on your management team and peers.

    Advice to Management

    Keep pushing for more autonomous teams. It is happening in some places to some degree, but not everywhere and not to the extent that it should. In most cases the employees know what needs to get done and how to do it way better than the managers. You need to invest in us, empower us, and trust us.

    Keep pushing lean and agile development. From what I see there is still a lot of resistance. There needs to be 100% commitment from upper management and down to really make it work.


  10. "Private Bank Finance Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Finance in New York, NY
    Current Employee - Vice President Finance in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Extremely smart co-workers, fast paced environment, passionate people, world renowned company and management team

    Cons

    Long work hours, aggressive work culture, poor work life balance, expected to be on call non-stop, extremely hierarchical structure, bureaucratic

    Advice to Management

    Invest in employees at all levels, not just senior management and directors. Pay attention to the analysts and associates working late


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