Company: J-P-Morgan
Date: 2021-05-04
Overall rating: 2/5
Employment status: current

Lowest base salary in the field
Pros: Great benefits, it used to have a decent incentive plan.
Cons: Too many changes. They expect private client bankers to pick up the slack when they layoff other positions. They are so demanding with productivity and calls. Expect you to do your job and cover for other roles and manager when they’re not there. They also made most bankers managers on duty to cover when manager is absent. Without any pay or bonus for the much added responsibility which will distract you from doing your actual job that makes you money to compensate for the embarrassing low base, even when you make good commission you are heavily taxed on it which at the end of the day you are better off have a high guaranteed salary. Because they change the incentive plan on you with just 1 week notice. Also no flexibility to work from home or have access to at least an email. Chase have changes a lot it’s all about the big bosses pockets and not their employees that are the ones that doing all the hard core job and hustling to bring new clients and new money.