JPMorgan Chase
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JPMorgan Chase Employee Reviews
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High workload and very stressful
log in at 08:00am log off anytime from 17:00 to 19:00 depending on workload.
Learned various computer language skills i.e. Natural Adabas
Work culture in my department was overworked and get it done.
Unrealistic work loads and project time frames.
Learned various computer language skills i.e. Natural Adabas
Work culture in my department was overworked and get it done.
Unrealistic work loads and project time frames.
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Great place to work if you are ambitious
Tier 1 bank and they expect you to work and put the hours in but you are compensated and acknowledged for it. If you are ambitious and driven there is no better place to work and progress, if you are looking for a 9-5 then it is not the bank for you.
This is my 2nd period at the bank and realised being away how far ahead of others it is
This is my 2nd period at the bank and realised being away how far ahead of others it is
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Not recommended
Prior to commencing work at JP my CV was quite attractive to real world employer's. Customized mythologies do not benefit, people are more hesitant about giving me an opportunities now. I have also lost all my accounting experience which is deemed no longer relevant.
Now I am even struggling to get an interview with them despite years experience.
Now I am even struggling to get an interview with them despite years experience.
Pros
Some benefits
Cons
industry specific skill set
Good place to work if you don't have ambition
It is a good place to work but not if you want to put in extra and receive extra compensation. all assistants tend to get the same salary regardless of how hard they work.
however, if you just want an easy job with good benefits and not do overtime, then JPM is good.
however, if you just want an easy job with good benefits and not do overtime, then JPM is good.
Standard corporate environment
Depends on the team, but a lot of politics which is somewhat standard for big companies like this. Personal preference for work environment but many find that this culture creates a stressful work environment and unnecessary anxiety.
Pays well but not the most exciting role
If investment banking floats your boat then JP Morgan is the place for you! They pay well and have good benefits but there are downsides such as - the employees are not diverse at all - around 95% Male. Aged 25-35 on average. Very little training. The culture doesn’t encourage fail fast learn quick. It’s get it delivered - next project!
Awful place
I worked at JP Morgan for nearly three years and can only recommend that people refrain from applying to this company.
Management is unprofessional, there is no dialogue between staff and VPs. Advancement and career progression is much talked about but in reality, as so many people leave the company, managers often don't promote any form of mobility to retain what little staff they still have.
Salary is too low for the workload and stress-levels - overtime is unpaid.
Compensation is highly irregular, during several years of my employment JP Morgan reported record-breaking profits in their weekly news letters to staff but when the bonus was handed out, management said that the allocated pot was lower than ever, year on year. There is no transparency on how compensation is calculated.
Office politics dictate mobility and promotions. Management is so used to people leaving within 2 years of their employment that no attempts at increasing retention among staff is employed. Work environment is toxic, oftentimes workload was overwhelmingly large only for management to decide to hire contractors at 2-3 times higher salary on a 6 months-1 year contract basis. Contractors are not properly trained or given full access to work in the first couple of months leaving a larger than before workload to permanent staff. Remediation work was often required.
Lastly, this company has a strict hierarchy that is enforced on every level - I worked in Operations, as such, you are often treated appallingly by front office and management despite working similar hours and following regulations - more...
Management is unprofessional, there is no dialogue between staff and VPs. Advancement and career progression is much talked about but in reality, as so many people leave the company, managers often don't promote any form of mobility to retain what little staff they still have.
Salary is too low for the workload and stress-levels - overtime is unpaid.
Compensation is highly irregular, during several years of my employment JP Morgan reported record-breaking profits in their weekly news letters to staff but when the bonus was handed out, management said that the allocated pot was lower than ever, year on year. There is no transparency on how compensation is calculated.
Office politics dictate mobility and promotions. Management is so used to people leaving within 2 years of their employment that no attempts at increasing retention among staff is employed. Work environment is toxic, oftentimes workload was overwhelmingly large only for management to decide to hire contractors at 2-3 times higher salary on a 6 months-1 year contract basis. Contractors are not properly trained or given full access to work in the first couple of months leaving a larger than before workload to permanent staff. Remediation work was often required.
Lastly, this company has a strict hierarchy that is enforced on every level - I worked in Operations, as such, you are often treated appallingly by front office and management despite working similar hours and following regulations - more...
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