Company: J-P-Morgan
Date: 2016-02-10
Overall rating: 4/5
Employment status: current
Experience level: Junior

Retail Banking Overview
Pros: Benefits, holidays, vacation and sick leave. Match 401k 5% with a pension of 3%. Decent incentive opportunities. High focus on doing what's right and providing exceptional customer service. Great CEO.
Cons: Middle management could be more effective. Communication from upper to lower management could improve as well. Compensation plans change every year with a steady decline in payout, though last year remained relatively stable. Politics like most organizations. Growth opportunities can be minimal as they have recently contracted. A few items in the incentive plans don't make sense and they look for ways to not payout through small intricacies. The PL structure just changed for the better but it is designed where only the top performing branches in their peer group will get bonus even if a branch's YoY results are superb. Superb results for a branch in rural america compared to a branch in Chicago or Miami is not just.