Company: J-P-Morgan
Date: 2008-10-31
Overall rating: 4/5
Employment status: current

Wamu compensation and bonus
Pros: I think it all depends on the branch your working at and who your regional manager is.  Overall, from my experience i think its a fun place to work.  Before the seizure and buy out, Wamu had competitive products which made selling a lot easier.  They stressed the idea of having customers into the branches, so you would get a lot of opportunity to sell.   I also think the compensation/bonus is much higher compared to other banks.  I like the idea the bonus is not capped
Cons: Most of the new accounts reps or personal financial reps get paid more than assistant mangers and branch managers.  Branch mangers were paid on a profit model of the branch, therefore working short staffed meant more bonus.