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2020 goals: passive income and a man 😭🤣
Should I get an mba if I have a Maac already?
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Nah its a heavy indica. Working there will put your career straight to sleep 😴.
The culture on my team is very toxic and everyone is burnt out, overworked and definitely underpaid
Which team?
Yes, JPMC is hybrid. If you want or need to work remote due to disability it will take an act of congress or God to get permission.
As for your second question…not really sure where to start. Company has a great brand recognition and reputation in business world, but when you take off the mask and look behind the kimono you will see a churn and burn culture with high attrition. The workload is overwhelming. I’ve had no life since joining the company 2+ yrs ago, and my mental and physical health has really suffered.
Hybrid - 3 days in office, however it really depends on the team you’re on. My manager allows me to go in 1-2 a week since I’m the only one on my team in the NJ office.
Culture is highly dependent on the team- I love my team a lot and everyone is super helpful. However, workload is intense and it’s a political environment- you need to be well liked in order to get ahead.
Can i ask a fee questions regarding the NJ office, will be based their too and have some questions
Hybrid - in office 3 days per week. The company and culture are good overall, but also depends on the line of business you are in.
Marketer here - a lot of new energy and momentum. Highly valued by management. What you hear about low pay year over year is true so negotiate well coming in
Hybrid 2-3 days depending on LOB / team. Full remote only with special approval / medical.
Culture is fair overall for a company of this size. Different LOBs / teams have better or worse culture.
As others have noted, pay / role growth isn’t always great for long term folks so there is a lot of bitterness pockets across the firm. Some of its deserved and some is just people too lazy to manage their own career.
I would if they wanted to get paid well, didn’t mind the work / meetings, and would actively manage their career. It’s a big regulated bank, so stress is maybe higher than some other industries.
Excluding IB / sales, generally outside of promotions there’s no wage growth; what you get when you start is what you’ll have at a 0-3% annual growth forever up to cap or until promoted. Bonus growth is more common and 1st year bonus is almost guaranteed.
Given we’re going into a downturn economically across the world, this impacts the bank. So have to keep that in mind too; if they aren’t a strong performer, then this might not be the place. There is an unofficial floor of 5-10% that get cut annually especially during down years. It’s worse in some LOBs than others. But is a reality.
So would I recommend it? Sure. Is it a forever career? For some yes, most, no. It’s a stepping stone like any other employer.
Hybrid 3 days in office. New hires have been able to get wfh full-time which has made in office workers upset but jpmc won’t address it
Rising Star
Unless you’re unionized it’s at will and custom to the employee.
Hybrid 3 days.
DEI is great.
Firm’s culture is one thing but your experience is likely the result of the LOB, the team, and ultimately your manager.
My group requires 40% in the office tallied at end of month. So, you can choose if you want in 2 days a week or alternating 4 days in/6 days remote, or however you like. Great WLB and I like people I work with.