Company: J-P-Morgan
Date: 2008-08-24
Overall rating: 3/5
Employment status: current

Potential for greatness if you can see thru the fog
Pros: Wide variety of projects, technology, and business goals means you can have multiple careers without leaving the company. Benefits are excellent and there's a strong committment to diversity. If you are willing to work hard and you can make a plan and execute it, you will be promoted. The ability to achieve results matters. Hierachy is in place, but you don't have to have your boss' boss' boss' permission before you can call someone in another division to get the job done.
Cons: There is a strong New York focus with little respect or value to areas outside of NYC. The hiring policies state that any promotion is treated as a lateral transfer with no upgrade in pay until your annual review, where raises are usually capped at 6%. The standard joke is that you must leave Chase and come back later if you want to be paid what you are worth. They don't fire people - they target them for RIFs, so the employees can't sue. This results in a culture where bad performers are rarely managed out of the company and they may stick around for years. If you can moderate how much damage you do, you can perform poorly here for 20 years.