Company: J-P-Morgan
Date: 2020-03-31
Overall rating: 2/5
Employment status: former
Experience level: Junior

Not a great company for women, with HR and management issues
Pros: Global firm with opportunities to work with colleagues around the world
Cons: I would not recommend J.P. Morgan especially for minorities and women. The downsides observed are 
1) Not a lot of promotion opportunities for women compared with the other banks: women at Executive Director and Managing Director levels are only at 22%. In my specific product organization, there're only 2 women MDs who manage a very small number of direct reports. Women are also not treated the same as men. 

2) Promotion is purely relationship based - MDs are required to "sponsor" your promotion which translates into a relationship vs. merit based promotion policy; in addition, you can't apply for jobs at different levels even though you may be qualified - this is a hard HR policy across the firm. 

3) HR hotlines and management issues: various team members mentioned they experienced issues when reporting and escalating issues to HR -- HR staff either don't take any actions or take actions with minimum effort, which results in covering up issues for the management, and ignorance of serious employee concerns. 

In fact, in the annual employee survey, employees were not even asked to provide open comments, with the exception if the open feedback collected is regarding "if it's affecting you to complete your expected job functions" - this really shows the company's culture too.