Company: J-P-Morgan
Date: 2020-02-05
Overall rating: 2/5
Employment status: current
Experience level: Junior

You're a lemon to be squeezed, not a resource worth developing
Pros: >Organization itself is very collegial and open to internal networking
>Name looks good on a resume, I guess
>If you are lucky enough to work for someone who is politically connected, your career can advance quickly
Cons: >Heavily bureaucratic, hierarchical, and political environment
>A lot of middle managers that talk instead of do
>Productivity overall is very low. Productivity is not helped by offshoring work to  teams that operate below the level of a competent high schooler
>Stuck with outdated technologies and ways of doing things. Internal tech - from tech support to major systems - is a joke and several years behind current best practices. You will not hone competitive skillsets here. 
>Attrition is very high among anyone lower than VP rank
>It's well known that the NYC presence is shrinking and morale is low as a result. Entire teams are looking for new jobs.
>Penny pinching results in: no team building events/happy hours. No professional development budget or opportunities. Internet is throttled (in the name of saving $) so you can't use spotify or pandora to drown out open-office noise. Low-benefit, high-cost medical insurance. 
>401k match is puny (3% after 1 year, 4% at 2, 5% at 3) and only vests after 3 years at the firm
>Childless managers work punishing hours and expect their employees to do the same
>My colleagues and I agreed there was blatant favoritism in promotion-related decisions in my division. No transparency and moving goalposts for promotion decisions. 
>36.4 billion dollars in profit in 2019 yet compensation was flat firmwide. Consider working for a firm with profit-sharing