Company: J-P-Morgan
Date: 2014-06-23
Overall rating: 2/5
Employment status: current
Experience level: Senior

Deadend
Pros: At least I am employed, for time being.
Cons: constant layoff rumors, no advancement, over 8 years in management, transferred to this state within company unable to get position so I took what I could get.  This was a mistake because then they only were allowing lateral moves so was never able to achieve managerial position again.  Previously with 5 years with the company your vacation was 5 weeks, they changed the policy and now the most you can get is 4 weeks.  They also downgraded the health insurance where it costs more and the best policy they offer now is awful.  Bonuses are non-existent for most employees now.  Luckily I still get a yearly, rather than monthly but my yearly is the equivalent of what one of my monthly was.  Many people around me didn't even get a yearly bonus this year.   As you guessed company moral is very low.   To advance in the company you must become best buddies with the right group, it's common knowledge around they only advance their friends, even ones that don't have degrees or the experience required for the position.  Definitely time to move on to another company.