Company: J-P-Morgan
Date: 2016-02-29
Overall rating: 1/5
Employment status: former
Experience level: Senior

Toxic Environment
Pros: It's the right place to be if you're looking to pad your resume and gain experience for just a few years. Or if you totally run on adrenalin and enjoy stress and being second guessed.  Or if you have a rabbi on high to protect you. If you want to work hard, develop a career and have your contributions appropriately acknowledged, look elsewhere.
Cons: The Firm is way too big and the left hand doesn't know what the right hand is doing. Overly obsessed with operational and risk-based controls (sort of like locking the barn door after billions of farm animals escaped), even when the risk is marginal. A lot of bureaucratic and administrative obstacles. Little to no salary increases and dismal bonuses (each December you hear how badly the Firm is doing - EVERY year).  Adversely affects those who have been employed for a long tenure with predecessor entities, who now make better money; easier to downsize those close to lifelong careers and hire a younger workforce for cheaper salaries. Bank One's 2005 acquisition ruined a really great place to work. Colleagues used to be like family, too. Not anymore, when everyone had to look out for their own backsides.