Company: J-P-Morgan
Date: 2010-07-25
Overall rating: 2/5
Employment status: current

Honest Review of JP Morgan Chase
Pros: Good Brand Name, Intelligent Management, Resume Booster, Stepping Ladder, fairly competitive salary.
Cons: Many people who work here ARE the job.  Their job IS their life.  Long, continuos, and strenuous work weeks 60-70 hours are the norm...expect to eat lunch in your cube almost every day.  Inconsiderate email expectations and conference call expectations.  Little to no training.  Very disorganized flow of work. Bureaucracy at every level.  You are essentially owned by the company.  Think Matrix human-battery.   

Honestly, if work is your soul motivator in life, you may very well enjoy working at jpm, but if you have a family, go to grad school, or want a speck of social life for yourself, you really should think twice.  My interviews went very well and they made no mention of the ridiculous work weeks that I have been working.  Make no mistake, I am not lazy, and have no problems putting in extra hours at work but when you get down to brass tax and calculate your earnings based on your hours of work...you are underpaid (even under exempt status).

The training is an absolute joke (you may have experience but all companies handle their product lines differently) and they fail to mention their investment policies which you must adhere to (changing brokers, running EVERY buy/sell past their guidelines).  A lot of people lack true kindness and I sense that many are very bitter about working for the company.  You see a lot of Jamie Dimon cheerleaders....who kiss his .a.ss in hopes of getting that promotion who will promote otherwise, but I think its because upper management sees the trends in dissatisfaction.  Some mid year review surveys that are completed showed that a large percentage of employees were moderately dissatisfied with their positions... not shocking at all. 

Finally, I can say that if you are currently working with a good manager, regardless of your company, STICK with it.  People make A HUGE difference in your happiness at work.  HUGE HUGE HUGE difference.  Taking that extra 10k to work with a-holes is not worth it. 

Good Luck.