Are there different tiers for VP 603 level at JP Morgan? Currently at a F500 where people spend 1-4 years at each level. Promotions usually give a 10-20% bump in TC. At JP Morgan it seems that people spend 4-7 years as VP if they ever get promoted. Are there salary bumps within the VP rank (other than the annual raise)?

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Just annual raises. Some people spend their whole career as VP at JPM.

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Most people spend their entire career at VP at JPM

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Most people do not get beyond VP. However tc is good and work environment is pleasant. Consider yourself lucky it is very hard to be hired by JP Morgan considering we are the best bank in the world

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