JPMorganChase reviews

3.9

75% would recommend to a friend

(35,325 total reviews)
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Jamie Dimon

77% approve of CEO

77% positive business outlook

JPMorganChase has an employee rating of 3.9 out of 5 stars, based on 35,325 company reviews on Glassdoor which indicates that most employees have a good working experience there. The JPMorganChase employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

35K reviews
2.0
Jun 11, 2008
Recommend
CEO approval
Business Outlook

Pros

Large company. Cool commercials. Lots of offices. Well known. Many different types of departments and areas. Match 401k up to 5%! Subsidizes health insurance, but the plan choices are not very good.

Cons

Average benefits. Cost cutting. Hard to advance. Hard to use job listing/search. Constant layoffs. Poor job security used as an excuse to overload workers. Could be better from a legal/compliance standpoint.

4.0
Jun 11, 2008
Recommend
CEO approval
Business Outlook

Pros

Great pay and you get to work with some outstanding people. The environment is friendly and contractors are treated with respect unlike in many organizations. The company (at least in my division) seems to understand that IT brings value and is not just overhead.

Cons

It can often be hard to get things done due to a massive Corporate Bueraucracy. Even small changes to systems and network resqources can take weeks or months to get done due to cumbersome procedures and a staggering list of stakeholders that all have to be consulted.

4.0
Jun 11, 2008
Recommend
CEO approval
Business Outlook

Pros

I've always held salaried positions, never paid for OT. This is the first company where I haven't had to beg for comp time. My boss actually *tells* us to take a day off when we've worked late. When I was hired, I was also told that I was expected to change departments every few years, to avoid being pigeon-holed. Most people in IT are familiar with that problem. JPMorgan Chase wants their employees to learn as much about the business as is humanly possible. It makes us valuable, not tired, stagnant, and unhireable (which is pretty painful if you've ever been laid off). I also don't expect to see any layoffs soon. That's almost unheard of in the past decade.

Cons

Lots of bureaucracy, just like any large company. Lots of forms to fill out, quarterly reviews. It's hard to get new tools (like software) because it has to be approved at several levels, then tested. On the other hand, while we don't have bleeding edge software, what we do have is pretty stable. I was also led to believe that I would get a sizeable bonus at year end. I was seriously disappointed. The bonus was supposed to make up for the pathetic raise (which I did not have advance warning on). Worst raise I've ever gotten. And yes, I had a good performance review.

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Glassdoor has 39,469 JPMorganChase reviews submitted anonymously by JPMorganChase employees. Read employee reviews and ratings on Glassdoor to decide if JPMorganChase is right for you.