J.P. Morgan reviews

3.9

72% would recommend to a friend

(23,992 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 23,992 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
2.0
Sep 24, 2014
Recommend
CEO approval
Business Outlook

Pros

- Brand name - Something to put on your CV - Can lead other minions and factory like workers - Can sometimes lead to better opportunities within JP Morgan - If lucky, there is a break room in some floors and a Table tennis table - 10% of the work is actually challenging - People are kind and not nearly as cutthroat as I would have expected

Cons

- No worthwhile skills learnt - India office does back end work. Only a cost centre, so treatment is rough. - Terrible work life balance - Work is really boring. Will make you go mad out of frustration. - Management is terrible - You will reevaluate your life and wonder how you made such a terrible mistake. - It's a big giant bank, so a VP or ED is mid career roles even for the bright few. Doesn't really mean much.

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!

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