They tend to look outside for new talent and to fill management positions. Actual promotion from within is almost non existent; unless of course they are trying to meet numbers for women and minorities in certain positions. Promotions, when they do come, don’t usually include a salary increase. They also have a tendency to “eliminate positions” to get rid of people. This isn’t exclusive to Chase, since I live in Delaware I have a number of friends who work at Barclays, discover and Bank of America and they have shared similar experiences. There appears to be a tendency to eliminate the positions of employees over the age of 50. Again this is not exclusive to Chase. As I approach that period in my life I can’t help but wonder how long they will keep me around. I've never met anyone at Chase who has retired of their own free will and accord.
Additionally the work environment has changed dramatically. The standard cubicles have been replaced with low wall desks in “open” settings. The noise is untenable and it has reduced productivity across the board. Of course they would disagree because they will never admit to being wrong.
Salary and Bonuses are inconsistent from one line of business to the next.
