Anyone here knows the pay range for Associate/VP/ED in JPM? Seems like all black-boxed and nothing transparent in this company.
20 replies (most recent on top)
This place is not about performance or merit, it is about a– kissing clueless managers up the chain.
The base salary range for 602 usually between 90K to 159K.
Can JPM pay more than 100K base to 602 in Software Engineering?
Associate making over 170k? Hell i’m 90k base (10k bonus) and have been here for over 10 years. Where do I sign up for that!
My last year at Chase I was given an exceptional rating and was given a 2 cent per hour raise. That was the only raise I got for 14 years.
I would agree with a previous commenter, been working very hard with high praise and high reviews but faring at 0% raises. I'm actually making about 6.4% less than the day I started factoring in inflation...
The spread of titles you're listing is pretty broad...like 0 years to 15+, so a specific pay won't be helpful on those titles.
In the US, a VP(603) salary range can swing from 100K to 250K.
Only high performers, said Scott Brown to me.
Performance-Linked Raises. As a part of the process of MY coaching and motivating My employees.
EveryeherebI worked most employers take some time every six months or every year to sit down with employees and discuss their performance.This practice is know as performance appraisal.
NOT At JP MORGAN
The problem? In 3 years I've never had a one to one meeting with him.
He avoids me...I think he is Ghay
I worked so hard and going above and beyond my responsibilities but I am not getting a raise...no way I ll work hard anymore. I ll do just what I am responsible for, no more, no less.
PLAY THE GAME ANd win? OP must be white, Lol
Each division and businesses have a different pay structure based on budgets. BUT...the longer you are there the less you make. A Newly promoted AVP makes less than a new hire AVP in the same group. And favoritism plays a part in your raise. You might know sh– or are the less experienced in the group or team, but If you make great connections with seniors and and weasel accommodation letters monthly you will end richer.
I know an ED’s bonus alone can be as much as an entry level employee’s annual salary....
Never go to HR . Fight your own battles systematically . Never be a victim . Play the game and WIN .
MD in London earning 750 thousand pounds +*300k bonus per annum+ 50k shares per annum . Life's tough for privileged folks .
I know some associate makes over 170K, and some VP in the same LOB only made 150K.
It varies for each LOB as each have different budgets
A 602 in Compliance or AWM will make more than 602 in CCB for same tenure usually
Blacks earned less for a reason, A supervisor said in a all white meeting jokingly.. really? but everyone celebrated.. that is JP Morgan's brand.
it is a secret, or they maintain it as such. If you go to HR you are a goner