Chase has a lot of potential, but is headed in a direction that will leave it with few satisfied employees or customers.
Pros
JPMorgan Chase is a one of the largest financial services institutions in the world. There is always opportunity to advance your career if you are willing to work hard. There are opportunities in all kinds of fields; the retail branch is only a small portion of the overall company. Chase is located in 17 US states and many countries around the world and is willing to work with employees to relocate within the company. The personal banker incentive plan is one of the very best in the industry. If you are willing to work hard, there is unlimited potential to earn incentives, and the plan is structured in such a way that you actually get paid for offering free products, which you will be hard pressed to find elsewhere. The training is also great and prepares you well for the professional work place.
Cons
Being such a large company, it is very easy for the 'little guy' to get left behind. Since the company has become such a large corporate institution, many of the little things that made it such a nice place to work for when it was smaller have been taken away to increase overall revenues. Senior management has turned largely to micro-managing the employees, which can be productive when appropriately applied, but seems to have taken a turn for the worse recently. Rather than being encouraged to produce results, employees are cautioned to fear not producing the RIGHT results. Although the incentive plan is great, the base pay is quite low compared to other financial institutions. The high personal banker incentive plan encourages a younger, more eager crowd because of it's large payout potential, but in reality is designed to turnover the position within a few years when bankers realize they can get paid a considerably higher base elsewhere, which enables the company to continue paying a much lower base. This also lowers customer satisfaction ratings because there is such a high branch turnover rate.