Company: J-P-Morgan
Date: 2014-01-23
Overall rating: 3/5
Employment status: current
Experience level: Junior

Driving the best employees away
Pros: In my initial review I was very positive about working here. 3 years later I have a very different view.

Well-known bank
A lot of intelligent people to learn from
Good benefits
Flexible working arrangements (WFH, different office locations, etc)
Cons: Salaries are sub-par and promotion pay equals inflation rate at 2% - that's all...So the best people don't stick around for long.
No transparency around compensation or promotions (employees at the same level within the same group and location can have £10-30k salary difference).
Some "top" managers are grandfathered in and are not top talent otherwise
Quality employees are becoming a dying breed
Mobility is not as advertised