Company: J-P-Morgan
Date: 2019-11-06
Overall rating: 1/5
Employment status: current
Experience level: Junior

AVOID! Seriously. Just Avoid at All Costs.
Pros: Pay isn't bad
The office is clean
Location is nice and the building has a nice view
Cons: Oh where do we start? There we go:

- Hiring bar wasn't as high as I thought, so many disqualified and incompetent people join

- Horrible culture of fear! Everybody comes in earlier than the start time of the day and work hard, being quiet, with no interest to stand out, hoping they're not next

- Firing: They fire and layoff people left and right every couple of months and nobody knows the rationale behind it. In about a year more than 10 in my team had to leave this way.

- There's a hierarchy (Associate, VP, ED...etc.). You won't be respected by VP levels if you're an associate. Want them to listen? maybe if you become a VP too. If you're not based in NY, then forget it

- Extremely poor management in terms of decision making and the culture they create for the team

- Collaboration is ZERO. Only a couple of individuals make the "wrong" decisions

- Global team but isn't truly global. If you're not the US, you're considered a "helper".

- Bullying. Yes, outright bullying and if you complain, you'll get in trouble. They have a training that tells you to report this behaviour. But don't be stupid and do that, specially against those being the manager's favourites, because that's when you'll get in trouble (and probably fired like the others who did).

- They keep training employees on the "Culture of Respect", but you don't see this being applied by the managers. It's just a training that gets trashed at the end of the day.

- Team work is non-existent and not even encouraged

- Very little training budget. Surprisingly it's a big bank!

- The team is big, so exposure, interesting work and opportunities to learn are limited, and you focus on a tiny slice of the work assigned to the team.