Got rewarded with RTO where our time with love ones and better work life balance got robbed from us. Plus flat bonuses and 0-2% pay increase for you cogs in his machine. So basically his pay was boosted in your expense. What you gonna do?
https://www.bloomberg.com/news/articles/2025-01-23/jpmorgan-boosts-dimon-s-pay-to-39-million-amid-record-profit
Yeah man me thinks you should rejoin. Vp is more big picture and being THE contact for the team, you can do it!!
Hey dawgs. I left jp been an avp for 4 years. Should ibcome back as a vp? Whats the interview process like fpr vp? How is the role itself? Thanks
@dh+1jjakhpn1 - excellent advice
The people disliking posts from people who leave JPM and are better off is the epitome of the reason why JPM's pay is cr-p. They complain all day and night, never leave the company, and hate those who do. Misery loves company, and these are the people that will drag your career down.
If you are unhappy with JPM take the risk and leave, in MOST cases you will be better off. Interviewing for jobs when you already have a job is a drastically different experience. You can negotiate better, pick and choose more wisely whether or not you want to take the leap. Don't be like some of these soulless zombies I see at JPM every day, they b*tch and complain all day about how cr-ppy the company is, yet they hate on those who leave and are better off.
@hb+1jjakhpn1
Closer to 20% increase, then an 8% yearly increase. Its good enough for me lol!
@ek+1jjakhpn1 8% increase is pretty low for switching jobs. Usually it should be at least %15. Looks like you got sc--wed over there too. But then again, every corporate jobs are sht
sounds like you got a nice bump 15k to go to citi? if thats true you will find out raises and bonuses stinnnkkk there,. Make 1 more move and you will be very very happy as thats what i did
Better than going from 50 to 50.5, or not getting a raise at all, and its 90 to 97.2. The 90 starting was about 15k higher too than what I was making at JPM.
Thats not good at all 8%?? Are you an analyst that went 50 to 54?
left jpm little over a year ago, my raise while being in same role was 8% this year at new company
D*mn, this guy acts like the main character but it’s us that are doing the heavy lifting and taking all the hit lol
It's horrible and should not be tolerated. Chase can give raises, they choose not to and then have the worst excuses or rational. The "if you don't like it leave" has to stop. Unionize where raises are negotiated at a fair level over a set period of time.
Mr Dimon continually talks about the wealth gap and how it needs to change but allows his company to do this. So he is not being honest because he could change that by paying his people more based on how well the company is doing. He's is the prime example of worsening the wealth gap. He's been with Chase and now has a net worth of over $1 billion dollars all from Chase. In no way should he be a billionaire but is. His salary is over 400 times the average Chase employee. Now, with new regulation coming he's going to get paid more and will continue not share with the ones who are not chosen within Chase.
I retired from JPMC last year. Here is my advice to those who are unhappy. Take advantage of as many webinars and education benefits that you can to improve yourself. Especially look for the ones that cover financial investing, insurance, etc. Consider getting a Masters through their education benefit.
Start investing your money as aggressively as you can. Forget individual stocks. PAD is too unpredictable in approving/rejecting stock requests. Find some good index funds outside of the company's 401k and add to them.
On days when I was discouraged (like only getting a small raise), I would go home and check my portfolio. No matter what happened at work, they couldn't touch my portfolio. (And this advice should stay with you throughout your career whether at Chase or another company.) Good luck.
The work needs to be done so i dont think they want us to leave. Unless you are getting promoted yearly raises were never big. The goal isnt to be an analyst but to move up
@b0+1jjakhpn1 It’s not good, it’s just what everyone is getting so everyone thinks it’s ok with it, thinking it’s the “standard”. If inflation raises for 4-5%, your 2%(if you even get it, some got no raise) then you’re losing purchasing power. Are you really working in the industry? It’s simple math..
I was told 2% was good for my increase based on the comp decisions. Is that true? Only 2% covers cost of increase of living.
Our overlords want us to leave, that's the whole purpose of the RTO plan. The only thing they truly fear is unionization. I actually don't like unions, but the fact remains, they hate the idea and will do a lot to avoid it. Including cancel this RTO scheme.
Preach! JPM is basically the corporate equivalent of a gym membership—people stay out of habit, complain the whole time, but never actually leave. The truth? If you’re sticking around for 10+ years whining about pay, you’ve officially become part of the furniture. Comfortable, sure. Useful? Eh, debatable.
Here’s the deal: if you think you can do better (spoiler alert: you probably can), stop treating the exit door like it’s bo--y-trapped and use it. Nothing makes a company sweat like watching their talent walk out faster than free bagels in the breakroom. That’s when they finally start coughing up the cash to keep people around.
But nah, most folks would rather trade their ambition for job security and a predictable paycheck. It’s like being in a bad relationship: “They don’t treat me great, but at least I know what to expect.” Stop being the corporate equivalent of a doormat. If enough people make moves, JPM will be forced to play the retention game instead of acting like Scrooge McDuck hoarding coins.
So yeah, either take the leap or embrace the grind—but don’t sit there complaining while holding the company’s hand until retirement. You’re better than that, champ. 💪
Because too many people are complacent at JPM. Majority of people who whine about salaries and lack of pay are ones who usually stay at JPM 10yrs+ or until retirement. If you think you can do better (in most case you can), take the risk and go find a new job elsewhere. If enough people do this and JPM bleed workers they will raise their investments on employees to ensure retention. Even having read all of this most people are content to stay, as most value job security more than they do the pay itself. As with any corporate entity in any structure, if they have no reason to raise pay then they won't.
I have a lot of admiration for my CEO; he feels like a son to me.