J.P. Morgan reviews

3.9

72% would recommend to a friend

(23,984 total reviews)
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Jamie Dimon

78% approve of CEO

76% positive business outlook

J.P. Morgan has an employee rating of 3.9 out of 5 stars, based on 23,984 company reviews on Glassdoor which indicates that most employees have a good working experience there. The J.P. Morgan employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

24K reviews
1.0
Aug 4, 2018
Recommend
CEO approval
Business Outlook

Pros

If you are at your late 50s and want to retire, this is good place to settle as a final career stage...they give 5% match for 401K and you will get so many coworkers at your age :)

Cons

1) Too many managers. If one project has 5 software engineers who do the actual job , there will be 7 managers who talk about this project and make a living. 2) The 7 managers schedule several meetings to make them visible for upper management and they waste your entire day! If you are real software engineer who want to make a great career, DON"T COME HERE!!! 3) Too restrictive and software engineers scramble around to get access to even development environments. You may waste 3 weeks until 12 managers approve your access to a development server where you deploy your code and test. 4) There is no enough resource for software engineers to play around and make a research on emerging technologies. They will give you a desk top computer with cloud based windows with 4-8GB memory. Same as your manager who only use it to run MS word and Excel. Your machine freezes when you run two IDEs together. SQL DEVELOPER + IntelliJ will kill the machine and you can't check your email unless you close your IDE where you are in the middle of writing code. 5) Managers don't care about your career growth! and no significant salary increment even if the company is claiming to be a trillion dollar company. Who cares if you are not part of that share.. 6) Too many re-organizations and your may not finish your project before you are assigned to a new project and start learning it from scratch again.. ..I can't write all here. If you are real tech savvy and want job growth, I strongly discourage you!! You will even loose your hands on experience you got elsewhere...

3.0
Feb 15, 2023

No Work Life Balance

Recommend
CEO approval
Business Outlook

Pros

Decent pay Cutting edge technology Very smart people Very friendly people An amazing atmosphere if you're young and single. I highly recommend this place for anyone who is hungry to succeed and has the time to do so.

Cons

This is a terrible place for a family man/woman. You are expected to come in 3 days a week on top of getting certified for new technologies (on your own time, you will not be given time to do so), a big list of HR related "classes", and also keeping up with a mountain of work while (for senior developers) also helping junior developers finish their work or learn the required technologies. To add the cherry on top, you may be required to work weekends to the release teams. It's also by far the most corporate place I have worked for. You are not speaking to a person, you are speaking to what their job title is. There seems to be an implicit ask that you grovel to people with more seniority.

2.0
Jan 30, 2022
Recommend
CEO approval
Business Outlook

Pros

Really good schemes for graduates and retraining non-computer science graduates, veterans and those returning to work after a career break Good perks like private healthcare Salary is good for graduates If you are lucky you will get a good team that have interesting projects and/or good managers that don't take you for granted They are building a nice new Glasgow office

Cons

Technology & Career Growth Outdated technology and mundane programming tasks. Code quality is poor. Too many ‘Yes’ men push untested code into production on a regular basis to get things out quicker to impress management. Absolutely no time or resources dedicated to training or personal growth. Any training you do get is minimal and you have to fight for it. If you are not diligent at spending time outside of work learning new technologies, you will be left behind. There is a lot of internal technology to keep people trapped in their jobs with no transferable skills. Avoid CIB and ‘Athena’ for this reason. Half the job is being on support or calls rather than coding. No concept of agile or proper programming practices. Those who have been at JP Morgan for a while are very stuck in their ways and refuse to try anything new. It is very hard to try anything new because of all the red tape. Compensation Once you roll off the graduate scheme, your pay rises become minimal. Those who just completed the grad scheme are getting paid substantially more than associates who rolled off the grad scheme two years prior. As soon as you get promoted to associate, get yourself out of there! Record breaking profits in pandemic haven’t reached workers who have hardly had pay rise in 2 years (at least in Glasgow), yet CEO gets 9.5% pay rise this year. Work Culture Promotions based on box ticking rather than meaningful contributions. People who are the backbone of their team are often overlooked and management take them for granted. Many stay at JP Morgan for their whole career and focus too much on getting promoted (not their fault, the culture is rewarding the wrong behaviour) and playing politics rather than becoming better software engineers. Forced return to the office despite majority of employees prefer working from home. They are expecting 3 days a week in the office for tech staff. I was forced to go back into the office for a day to ‘show face’ last year and there was 5 people on my floor in that day.. Toxic work culture and pressure to do longer hours and even weekend work. American colleagues answering emails at 4am and on their days off. Colleagues in India are expecting to work 12+ hours regularly and not appreciated at all. It is a depressing work environment. ‘Asked’ to work weekends with no compensation in terms of pay or time off with little notice. I had to work 12 days in a row a few times and was not given anything in return, and when I tried to ask for 2 days back I was told I could leave an hour early on the Friday.. Managers are not given enough training and it shows. I had a manager that told me that I had to stop leaving at 5pm and put in more hours if I wanted to be taken seriously, despite me having one of the highest work outputs on the team. He also made a lot of unprofessional comments about the diversity training that made me very uncomfortable.

Viewing 43 - 45 of 23,984 Reviews

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