Not the company it once was - Private Client Banker JPMorganChase Employee Review

1.0
Jun 22, 2021
Recommend
CEO approval
Business Outlook

Pros

•Decent vacation package •Pension (No longer offered to new employees) •MRA funds •Tuition reimbursement (to be paid back if one departs within two year of completion)

Cons

•Base pay is low and about half of what you can get at other banks •Commissions are cut yearly to make sure bankers work like animals to meet sales goals •Constantly overworked and understaffed •Bad morale throughout company…many bankers interviewing and planning to leave to competitors •30 minute lunch •Doors never closed during COVID and company risked the lives of employees while other banks protected their staff •Bankers are expected to be telemarketers and call the same clients over and over

Explore other reviews about JPMorganChase

5.0
Jul 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture and work environment

Cons

Sometimes the workdays are long

4.0
Jun 21, 2026
Recommend
CEO approval
Business Outlook

Pros

They treat people well overall. It's all about connecting to others to get anything done, so if you're great with networking and maintaining connections it's a good place to work. Honestly the kindest layoff I've ever experienced, including genuine internal support to find another job. Still doing meaningful DOI work, including some of the best friendly benefits out there.

Cons

If you don't have a highly specialized cyber security skill set or work at a main campus in Texas, Ohio, Delaware, New York or New Jersey don't expect to ever move up the ladder. Staying focused on goals OR successfully communicating strategy pivots seems to be beyond most MDs in Global Technology. They seem to be having a re-org problem at the moment. I had 5 managers in the last 365 days I was there, hardly time to get any work done and then challenged at the end to show impact or delivery, all you can do is shrug and say 'tell me how, when you moved me every 2 months?"

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