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A great place to work if in a great team and functioning well

Applications Developer
Current Employee
Has worked at JPMorgan Chase for 6 years
June 19, 2013
Phoenix, Arizona
4.0
RecommendsPositive OutlookApproves of CEO
Pros

Hires from within.

Encourages mobility within the company but needs full actionable support from your manager to make it happen. Difficult if you are a critical member of the team.

Cons

Salary increase is minimal (0-2%) once you are in; it doesn't cut it. So make sure to negotiate the max up front.

Lots of red tape when you work with IT; too many "sheeps." Probably the worst in my experience.

Advice to Management

Reduce layers of bureaucracy. Make processes more efficient. Provide competitive salary increases to keep valuable employees. Too many layers of red tape kill creativity and innovation.

Need to include sabbaticals in benefits to compete with other companies in the same industry.

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JPMorgan Chase Interview Experiences