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      J.P. Morgan

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      What are pay rises like at J.P. Morgan?

      J.P. Morgan reviews

      Average pay

      Senior associate
      Current employee
      London, England
      Recommend
      CEO approval
      Business outlook

      Pros

      Good office location Excellent food Excellent brand reputation

      Cons

      No pay raise in 3 years Limited progression after Senior Associate (people don't become VPs until like 35-40 years of age)

      Vp

      Client services manager
      Current employee
      London, England
      Recommend
      CEO approval
      Business outlook

      Pros

      Great people, decent benefits, work life balance.

      Cons

      Very poor pay increase / bonus unless you are top management/ certain front office roles.

      Morale Destroyed

      Software testing analyst i
      Current employee
      Bournemouth, England
      Recommend
      CEO approval
      Business outlook

      Pros

      Health Insurance, Life Assurance, Some nice people.

      Cons

      CEO sees us as cattle and swears at us in Town Hall meetings. 5 day in-office mandated with little/no flexibility. Despite record performance every year, the bonus and pay increases are always the bare minimum they can get away with without causing a riot. Culture and environment feels oppressive, causing most people to not want to be there. There is zero incentive for the company to do well because success is not shared with anyone except those at the very top. The company invests in harmful practices and carried out banking for Epstein.

      Good Opportunity but not great for long term as the raises are low compared to other companies

      Lead software engineer
      Current employee
      New York, NY
      Recommend
      CEO approval
      Business outlook

      Pros

      Good culture, fun team and environment

      Cons

      Pay, raises, and bonuses are below average

      1

      Supportive colleagues but low pay for Chicago living

      Teller
      Current employee
      Chicago, IL
      Recommend
      CEO approval
      Business outlook

      Pros

      Nice professional people to work with.

      Cons

      Not a lot of pay to raise a family in Chicago

      A lot of politics

      Product manager
      Former employee
      Tampa, FL
      Recommend
      CEO approval
      Business outlook

      Pros

      The company offers good benefits

      Cons

      They do not like to give adequate raises. New hires would receive nearly twice the salary as employees who had been there for years and if you ask for a raise, the answer is always "we don't have the budget",

      2

      Pay raise and bonuses on low side

      Financial advisor
      Current employee
      Atlanta, GA
      Recommend
      CEO approval
      Business outlook

      Pros

      Culture is nice, supportive of BRG’s and development.

      Cons

      pay raise and bonuses on low side. Expect 1-3% raise. Must play corporate visibility games.

      Poor pay, very little progression, huge staff turnovers, miserable

      Trade lifecycle analyst
      Current employee
      Edinburgh, Scotland
      Recommend
      CEO approval
      Business outlook

      Pros

      The name can be useful once you’ve managed to leave

      Cons

      Pay is terrible and the career progression is is also terrible. There are people who have been analysts for 4+ years with no pay rise and promotion. Long hours and no overtime pay. We plus work a week a month worth of overtime and not receive any pay for it. They did say we could get leave back in lieu and then as we went to take it they said we couldn’t. Complete lack of trust and respect. Boring back office operations means the work it repetitive and extremely boring. For the reasons outlined above the staff turnover is the worst iv ever seen. Within 12 months while teams of 8 people resign and then are replaced and this cycle just repeats. It’s that back that they have a constant job opening so they can fill the expected resignations as fast as they can. They are aware of all of their short comings and have the money to change things but fundamentally it’s back office so they honestly just don’t care.

      Nth special as BB

      Executive assistant
      Former employee
      Hong Kong
      Recommend
      CEO approval
      Business outlook

      Pros

      Nice renovation during covid Decent employee benefits

      Cons

      Too political, people are rigid, salary increment is very minimum

      Comp

      Senior ux designer
      Current employee
      Columbus, OH
      Recommend
      CEO approval
      Business outlook

      Pros

      I think the pay is good, as long as your not expect to work over 8 hours which is in some cases it is true.

      Cons

      You do not know how much your bonus will be until the end of year. Also, you move to another role you do not get much increase in pay. Getting an increase pay is difficult.

      1