JPMorganChase reviews

3.9

75% would recommend to a friend

(35,581 total reviews)
avatar

Jamie Dimon

77% approve of CEO

76% positive business outlook

JPMorganChase has an employee rating of 3.9 out of 5 stars, based on 35,581 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

36K reviews
3.0
Dec 13, 2021
Recommend
CEO approval
Business Outlook

Pros

- You can internally move to another team, and the entire company encourages to do so. - You work in a big banking player.

Cons

- If you work in Tech, you'll note there's a huge gap between your salary and Business. I worked in the company several years, and it's common to see 3x / 4x bigger bonuses on the Business side. - The promotion process is completely broken. If you start in one of the programs focused on getting newly graduates to the firm, it will take you 2 years to advance to 601 (Associate), even to 602 (senior Associate) if you have a good performance. However, Getting to 603 is incredibly hard. You need to get very important sponsors (ED, MD level) and they need to build your case in a very good way. You can find 602s coming out from college with 2 years of experience, but also people with 10-15 years experience, waiting to get a promotion. I've been in teams where the common word was "it's normal not to get the promotion the first year you postulate for it".

1.0
Jun 21, 2021
Recommend
CEO approval
Business Outlook

Pros

you get to work with people from different backgrounds and all aspects of life, you see the needs and changes of the community if you're there long enough, and you make meaningful connections with coworkers and clients

Cons

Unfortunately with the shift in management and technology, it has become the micromanagement of the ones who are running the operation and the most disconnected from the people we were meant to serve. We try to cater to everyone, but when they cut the incentives to only pay us out when we serve to only the rich, bankers will know what to not waste time on. I hope bankers don't cherry pick so they help only the people who have money or wealth, but when we open anything other than a mortgage or investment, we don't get paid for our efforts, dis-incentivizing bankers from doing the simplest, yet time consuming things, because its not in the interest of our paycheck.

1.0
Mar 12, 2021
Recommend
CEO approval
Business Outlook

Pros

If you enjoy working all hours of the day/night and having your boss checking on you constantly to be sure you are logged in and available, this is the company for you! If you enjoy hearing a department "leader" (Managing Director) tell your India counterparts that their English is bad, this is the place for you! If you want to hear from your immediate boss that she inherited you in a role that is not her specialty (and she is not happy about it), this is the place for you! If you want to work for a company where you feel unwelcome, this is the place for you!

Cons

My experience was so bad, I refinanced my home so my mortgage is with another lender. I would not give JPMC another dime of my money. I will never bank with them. Very unorganized company. Internal technology needs to catch up to the times. People work non-stop because processes are so manual. The long-tenured associates like to do things "the way they've always done them" even if it means it's more time-consuming and they dedicate all their time to this institution. If you work here, you will not have a life outside work. They also like you to log your whereabouts when you are on vacation. It's an invasion of privacy.

Viewing 34 - 36 of 35,581 Reviews

Glassdoor has 39,750 JPMorganChase reviews submitted anonymously by JPMorganChase employees. Read employee reviews and ratings on Glassdoor to decide if JPMorganChase is right for you.