Not a meritocracy - Anonymous employee J.P. Morgan Employee Review

1.0
18 Jul 2013
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great company to put on your CV Smart people Lots of training

Cons

I was told that I wouldn't be promoted because they knew the market was bad and no one was really going to move right now. I was told my performance was exceptional but promotions don't happen on merit. It depends on how long you have been at that level for. Promotions are with the discretion of your line manager which is ridiculous as its only one person deciding whether to put you forward or not.

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5.0
7 Jul 2026
Recommend
CEO approval
Business outlook

Pros

Great benefits and work balance

Cons

I had to leave due to schedule.

3.0
12 May 2026
Recommend
CEO approval
Business outlook

Pros

1. One of the best banks, heavy on tech and AI, that makes my life simple 2. Bonus is consistent every year 3. The company is highly social and multicultural. 4. A lot of training program to upskill and develop.

Cons

1. A lot of administrative items to take care of, a significant portion is spent on meetings, meetings are called to establish an agenda for next meetings, and so on. 2. Layoffs, all year round- sometimes significant, while in the middle of delivery. If your manager is off-site/ another city/country, you are more likely to be impacted. 3. Departments may have skewed gender or racial ratios. It is best to stay away to avoid discrimination (to be fair, this has less to do with culture and more to do with who the head of the department is).

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