Chase reviews

The company I worked for was absorbed by Chase so I got to see a dramatic change in culture as we slowly became "blue". Everything you do is micromanaged by corporate. They were in the process. Of incorporating call monitoring for everyone, even non-call center focused areas. There is literally NO decision that you can make, even in an executive level, that isn't second guessed and reviewed by security and compliance. I was previously allowed to run the department as I needed to, and did so for 15 years (4 years is how long I held the title). They do not value longevity and experience. They do not value people who know the industry. They only want people who they can mold into a blue robot. Oh, and they believe working for the name is a substitute for pay - you should be grateful to put them on your resume. Career mobility is difficult internally. Every job posting wants experience you may not have. It's very hard even internally to get an interview in another line of business. Nearly all postings already have someone in mind. Upper level executives hide things from the C level execs. As they shrunk the workforce and implemented stifling regulatory procedures, the morale shrunk to terrible levels. I witnessed in multiple executive meetings the CEO of our LOB ask for details as to why the morale is so low, which everyone on the floor knew.

No opportunity for growth. The whole retail banking structure is micromanaged from top to bottom. Very little chance to move to any other position in the company. The other divisions of the bank look down on you. The base salaries are below market and the health plans are horrible. Employees will usually go broke paying their medical deductibles. The year end bonuses are cheap and quarterly bonuses are a joke. If you plan to stay as a sales person for your entire career with a suit on, this is your kind of job. Employee turnover at Chase is usually very high since most employees come and go quickly. There is really no motivation to work here unless you are driven to sell sell and sell. Your work and personal life will have no balance. Bankers are considered hourly employees so most managers track you minute by minute. You are docked for being late or have to use up your time when you leave early. This isn't the dream Wall Street job that brings in money. It's very much the opposite. It's like working at BestBuy with nice attire.