I am a 602 Associate JPMorgan Chase . While accepting the offer letter I think I have undervalued myself.My coworkers with the same title have good compensation compared to me. Sharks @ JPMorgan, how much should a 602 associate with 8 years of experience should get. I have a great rapport with my manager so I can discuss this in the upcoming appraisal cycle.

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My friend got 20L fix with 2.5 year of experience in CAO- 601 position. I think you should talk to your manager or else try for IJP. You will get your worth in different other project. If you completed one year in JPMC then you can directly start applying, No need of your manager approval for this-also you have strong reason for IJP.

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Nice

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Hello Sharks, Just FYI my salary got revised in mid term appraisal and now my CTC is 25 LPA. Still behind the curve but getting there slowly. JPMC rocks!!!!

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Let me know if any opening arises.

Ideally you should get around 25 lpa. I joined as 601 associate with 4 years of experience, getting 20.5 lpa fixed

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This is really really helpful, it'll help me negotiating at Jp

Way back in 2016 when promoted from 601 to 602 , revised CTC was 21. YOE was 9. Low CTC may be the reason for manager to have good rapport

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Never really thought about it this way... :)

See, you are getting not less or not more from your level. As 602 base salary close to 15L and max 25L/30L. You will certainly reach there. Salary is the outcome of your effort, so don't think too much on it. You are part of a great firm, be positive.

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I got 34 fixed with 7 years exp

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You are one of the lucky ones

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If you have another offer then its a win win situation for you. But keep it in my JPMC doesn't entertain much, even they are not retaining existing employees

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Not sure about JP morgan. But it is very low for 8 YOE..

When did you join JP?

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Just 9 months back. I had to take a transfer to Mumbai. I started from a Tier 2 city and stayed way too long in my comfort zone so I got a little behind in compensation. I am trying to bridge that gap slowly

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What % hike did you get while joining JP Morgan?
What was your earlier salary..?
Sometimes it depends on percentage they want to limit..

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602 woth 19LPA is loss..but as you are in CIB you will get ver good bonus. But I doubt on your grade

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As you have 8 years of experience then ideal salary is 35+ because i have friends with 5 to 7 yrs experience holding 30L fix offer.

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What is the range you see for your colleagues in the same band?

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I thinks this is pretty low. IMO start planning for a switch again. JP can pay you double of your current salary but they won't now. My friend joined same Dept. with same role at 2.5 YOE and got 25 fix

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Thats a great deal

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I was offered 32 LPA fixed in hr round but due to some job hold issue offer letter was not given. YOE - 7

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No offers at that time, hr was very rigid and delayed the discussion a lot. My ctc is 25

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Did you ask for 19 lacs, Or the number was put forward to you by the HR?

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Is there any compensation hike in JPMC when we take an IJP?

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No, but the opening is for higher grade then definitely you can have a discussion with hiring manager

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After accepting offer can we re negotiate the ctc and if so will I face any consequences like reverting the offer, or after joining

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Please let me know if any openings in your contact list for me.

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Would you mind sharing you CTC?

I am getting 19 LPA right now

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