Company: J-P-Morgan
Date: 2009-04-02
Overall rating: 2/5
Employment status: current

Reality
Pros: The salaries are competitive.  There are some mid-level managers who are glue of the company and are truly the unsung heros. The CEO Jamie Dimon is great.  He is a great leader.
Cons: A very cold company to work for.  Managment by fear is used.  Forced stacked ranking (rank and yank) drives performance managment.  Forced stack ranking is held over employees heads as a threat.  10% of the workforce is managed out every year -- even if the employees areperforming .   It is certainly one way to keep salary expense down.  The work enviornment is poor .  Morale at this company is very low.