hi everyone! I recently received an offer from JPMorgan Chase for a senior associate position and was offered 95k. What would be a good range to negotiate for? I am thinking along the lines of 100-110k. I have four yrs of exp + BA. The company has also refused to provide an offer letter and refused to tell me what the annual bonus is. Is this normal practice by the company, or should I keep asking for the offer letter before considering the verbal offer? nyc based. TIA!!

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Posting as :
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You can counter with some stats from Glassdoor? However, I know that there is a cap for external hires by level and location. They won’t go over that cap without management approvals and that’s rare for someone at the associate level. They also rarely share bonus information for associate level. VPs get a range, but nothing definitive.

Lastly, it is common for them to not send an offer letter before a verbal is received. It’s a little odd, but that’s how it’s done lately.

likesmart

Thank you so much! I countered and settled at 110k for a 602 (it’s in comms and operations) within CCB. They told me that there’s no confirmed annual bonus, but I should expect 3-7%.

I pushed for an offer letter to see everything in writing, and it looks like my pushing worked since they’re sending it to me before I verbally accept. The office being a 10 mins walk from the bus stop is a bit of a turn-off. And I’m concerned about the pressure and WLB too in JPMC.

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Bonuses can be negotiated, but aren’t always put into writing depending on the LOB / role.

The offer letter comes after you verbally accept typically.

helpful

Depends on role / management / LOB.

I’m in IT back office. Ops. seems to work 50-60 easy. Dev 40-60. Just all depends.

It’s also about what you want. You want to put in some time and keep a nice job but not move up? You can coast if you deliver.

Want to move up? Lots of OT.

Just depends.

counter w 118k and provide some statistics you found whether Glassdoor, pay scale, or h1b1 site

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