3.0
Jun 27, 2021
Current employee, more than 5 years
Los Angeles, CA
Recommend
CEO approval
Business Outlook
Pros
Good development programs, net working , and tons of resources. Internally , you can tell JP Morgan is number one bank in the USA. Low base pay , but excellent incentives. Until recently 2021....... annual 35-45k base pay and 50k-80k( grinding it ) in bonuses. Not bad right?? BUT!! bonuses were absolutely destroyed recently....
Cons
Big hitters went from 120k-200k annual BONUSES ( top performers ) to a whopping 30-60k ..... not kidding. Needless to say, most of them left the firm. I went from 6 figures average salary for the past 3yrs to maybe pulling 65k this year.... what huge slap to the face after 5 yr career with the firm. JPMorgan need to raise employees salary or risk their talented employees leave the firm...