Company: J-P-Morgan
Date: 2008-09-18
Overall rating: 2/5
Employment status: current

Got a long way to go
Pros: Benefits are fairly good. Time off is good. Work life balance is good. People are nice. Brand name is good. We are among the last ones remaining which means the company is being managed well from a risk management and financial perspective. Some training opportunities (e.g. preparing for CFA) are funded. Generous number of days off - 22, sick days - 6.
Cons: Culture does not promote from within, beaurecracy, pay is low compared with other similar types of firms, opportunities for career advancement are limited. Any move within the company is at the same level and same salary thereby decreasing the motivation. Career advancement is pretty limited unless you have the right contacts. People are not empowered enough to take decisions. There are several old school managers who have their own way of doing things with no inputs from other people even if others have better ideas. Promotions and bonuses are subjective. No clear career planning is available. Titles and experience for people do not match.