J.P. Morgan reviews

3.9

72% would recommend to a friend

(24,013 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 24,013 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
4.0
Jan 15, 2019
Recommend
CEO approval
Business Outlook

Pros

JP Morgan is a good place to start a career in Technology, they have a decent graduate programme where candidates are evaluated on potential and not just current technical skillset. Career progression is quite straightforward for the first couple of years albeit every 2 years. People are generally nice although experience could vary dramatically between teams. Work-life balance is similar to other places where people get well established so things like working from home are common for the Glasgow office. Laid-back culture and no dress code. Technology processes are decent to a certain standard but you could see a wide difference between teams. Pension benefits are pretty good with 6% matched contribution and also you get private healthcare in your pay package. They use a good amount of open source software so a lot of transferable skills relating to technology

Cons

Old technologies, legacy or at least very old code (10+ years) which was written a lot by people with no software engineering training. This has resulted in a very brittle code in places and the business never puts massive importance on tackling the core issues of something like this and pretty much always looks in a 1-year delivery and no further. Because of the size of JP Morgan, there is a lot of red tape for certain things so sometimes accomplishing a simple task (e.g. rebooting a box or updating a DB) could feel like a monumental task. Let alone trying to get access to another system. There is also a total disconnect between higher management and the actual teams. Most of the senior leaders are not based in Glasgow which very much feels like you are in a secondary location with not much to hope for. Moreover, your salary is almost always determined by people who essentially meet you like twice a year which I find quite confusing and irrational. Finally, career progression after the first 5-7 years is pretty much not there for a lot of people. I am not sure if the pay goes that much either.

4.0
Jul 30, 2018
Recommend
CEO approval
Business Outlook

Pros

All of the banking clients are accessible to cross-sell products to, it is a warm call when they already do business with Chase. Not too high pressure as long as you are producing numbers.

Cons

Too many pointless meetings with partners about leads you've already discussed, and management about compliance.

2.0
Feb 4, 2018
Recommend
CEO approval
Business Outlook

Pros

Business is good, traders very professional, smart people, good quantitatively, lots of interesting research projects going on, very innovative, management quite pushy on new solutions

Cons

Very low pay and salary increase inexistant, huge turnover, quants regarded as a support function and not actively part of the business, very political, focus/reward visible projects rather than actual impacts on the business

Viewing 226 - 228 of 24,013 Reviews

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