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It's hard to get compensated fairly internally

Software Engineer
Current Employee
Has worked at JPMorgan Chase for 2 years
April 1, 2022
Plano, Texas
2.0
Doesn't RecommendNegative Outlook
Pros

Job security is very good at the firm, so much so that senior developers can get away with doing minimum effort.

Cons

As an employee of the company, most of the time, effort is not adequately compensated. They value external hires more and pay them close to what the market demands, given negotiations. This is not the same for internal progression.

Advice to Management

Listen more to your employees.

Run new metrics in terms of compensation against the current market, similar to how their competitor Capital One does.

Retention of talent will go up.

Additional Ratings

Work/Life Balance
2.0
Culture and Values
2.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
2.0
Compensation and Benefits
2.0
Senior Management
1.0

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