JPMorgan Chase & Co – Company underfunds their tech branch. Their lack of competitiveness makes staff churn exhausting and product development spotty. They tend to pay 25% lower then most peers and 50% lower then top tech. | Comparably

JPMorgan Chase & Co – Company underfunds their tech branch. Their lack of competitiveness makes staff churn exhausting and product development spotty. They tend to pay 25% lower then most peers and 50% lower then top tech.

JP Morgan Chase & Co. is a global financial services provider that offers investment banking, asset management, treasury and other services. read more
EMPLOYEE
PARTICIPANTS
1580
TOTAL
RATINGS
16030

Company underfunds their tech branch. Their lack of competitiveness makes staff churn exhausting and product development spotty. They tend to pay 25% lower then most peers and 50% lower then top tech.

What makes you most happy at work?

I like working with people, helping people, and making great experiences.

What did you like most about the interview process?

It was great getting to know folks across the ecosystem throughout the interview process.

What are some of the best things about your team?

I have great peers but they are gone before I really get to know them due to turnover and lacking compensation packages. Sniped by other companies who pay better.

What does the leadership team need to get better at?

Leadership needs to pay proper rates for proper staff in tech. Executive leadership is too focused on wall street banking and they lag behind in tech. Their internal systems, support structure, and admin are the worst I've ever encountered.

What needs to change to make the company culture better?

Proper comp packages would facilitate staff retention. Holding onto people would mitigate rework/retraining/churn and burn. The amount of work our teams are doing right now to buff out the fact we lost 80% of our team to turnover in the past year is utter nonsense.

Other Employee Reviews for JPMorgan Chase & Co

What do your coworkers need to improve and how could you work together better?
×
Rate your company