J.P. Morgan reviews

3.9

72% would recommend to a friend

(23,996 total reviews)
avatar

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 23,996 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
May 10, 2012
Recommend
CEO approval
Business Outlook

Pros

- If you are coming from a "Services" Kind of company, "No Swipe in/out" will excite you. - Sudexho Card, Daily Ration of 45/60Rs. - Transport/Cab Facility - Amazingly Talented people in US (Note: I mean people in USA, the people i dealt with in India were strictly Average) - Lots of Domain training related to BFSI available for those who are interested.

Cons

- Local Middle Level Management: If you are coming from a "Services" company, you would usually expect a shift in the way people manage you. Don't. Most of the managers here are from the companies as you are and are no different. Their only motive is to get work from you, and disregard your concerns! - WorkLife Balance - They give you Laptops and say "You can now do Work from Home". Work from home actually means, you can login before office hours or after office hours from home. You have to be in office during normal working hours! - WorkLife Balance - Most of the Tech Teams work from 12noon - XXpm time. There is no exception on this rule. US folks expect you to give them overlap, India Management expect you to give them overlap. If you have any issues, you have to move "quit". - Tech Work. - If you expect to build a Fast Trading Terminal using the best technology available, then this is certainly not the place for you. You will probably get "BAU" activities - Enhancements, L3 Fixes etc 80% of the time. Logically, this makes sense to the company, they save a lot of money compared to outsourcing. But bad for the Employee. You will end seeing CTS/TCS doing chunk of the work and you maintaining them. Most of the work is already done and you are expected to maintain it. They throw in a few "DEV" projects to keep you from complaining. - Domain Learning : Atleast in my unit, my project, the learning experience was very minimal. Whetever "Domain" knowledge i have is from my previous company. Theoritical knowledge you can get it from "Wiki"/Investopedia/Internal Portals etc - What you need in terms if practicals - you dont get. Salary - Being competitors of GS/BOA/etc you would expect to get a sack load. JP is not a Paymaster and is strictly average. Bonus, again is strictly average. There have been instances where you might get lesser bonus than you juniors! Suck it up and move on is the what management expect! Onsite opportunities - Being a captive company, Opportunities does not exist. If you are lucky/unlucky you might get 2 weeks if US Manager Gods think you are worth it!

2.0
Jun 29, 2022
Recommend
CEO approval
Business Outlook

Pros

Exposure to lots of tech

Cons

If you have great talent, produce superior results, it does not necessarily translate to a promotion and more pay. They base promotions and pay on how well they like you. I've been in my position almost a decade and have only been promoted once. I was hired as a contractor almost 10 years ago and I'm barely making $3k more now, than I did when I was first brought on. My accomplishments are numerous and far surpass that of most of the colleagues and managers I've worked under. I've single handedly created solutions that were implemented globally that created millions of dollars in value from automated efficiencies and barely received a thank you. And creating these solutions weren't even apart of my job description, they were just extra curricular for me to build and help other people solve problems faster. Some people with minor results have achieved great success at getting promoted almost annually just cause they are well liked and chat it up nice with managers around the water cooler. But the value these people bring is minimal if not devaluing to those around them that actual do produce. I've seen first hand some managers pass on promoting someone with great accomplishments simply because they did not want to lose their production. The politics here are absolutely ridiculous.

1.0
Jul 15, 2021

Awful company! Run away!

Recommend
CEO approval
Business Outlook

Pros

A good place to start a career and learn.

Cons

Once you've learned a skill or two - leave right away. Culture is as toxic as it gets, they will nickel and dime over your low salary and the bureaucracy is a nightmare. It's just a huge gridlock where nothing can get done, and the simplest things take so many approvals. Management is always doing or encouraging something that's borderline illegal and then crying foul when they get caught. Just Google "JPMorgan lawsuits" and read, read, read.

Viewing 70 - 72 of 23,996 Reviews

Glassdoor has 28,115 J.P. Morgan reviews submitted anonymously by J.P. Morgan employees. Read employee reviews and ratings on Glassdoor to decide if J.P. Morgan is right for you.