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Not so great

Software Engineer
Current Employee
Has worked at JPMorgan Chase for 6 years
September 1, 2015
New York, New York
2.0
Doesn't RecommendNeutral OutlookDoesn't Approve of CEO
Pros

Well, it was once a great company to work for. I guess its only current saving grace is there are still a few very select jobs that pay well. But, you'll have zero life if you work in one of those jobs.

Cons

Benefits are total crap. There is the once-a-year 401K matching, which you don't get if you leave the company any time during the year. The health insurance covers less and costs more every year I've worked there. Of the few times I've had a vacation, only once was I not required to work during it.

Overhead is totally killing productivity. For example, it should not take $10K worth of paperwork, meetings, and approvals simply to add $50 worth of hard drive space to a server. There is also the fact that, even though there are numerous Americans in the local job market who can't find a job, I can't help noticing that nearly 70% of the staff in my building are Green Card holders. What's up with that?

Advice to Management

Let's claim to be hiring American Vets, then lay them off at the first opportunity.

Let's bring in more under-educated, under-experienced Green Card holders to fill critical positions, especially those jobs that manage Americans' hard-earned savings.

Nothing could ever go wrong with that plan.

And people wonder why I work there but don't bank there!?

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