Thread regarding JPMorgan Chase & Co. layoffs

Compensation Review with Manager for 2024

I was hired in late March 2024 as VP and had my first year end compensation review this week but was told that my salary will remain the same, only receiving a bonus. Is this normal at JPMC and if so why didn't I get a salary increase as well?

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Post ID: @OP+1jj61exnf

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JP Morgan employee here, apparently this has happened across the board. I did recieve a salary increment last year though. With the return to office and the company posting record profits it leaves a very bad taste in my mouth.

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Post ID: @fv+1jj61exnf

Yes it’s normal.

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Post ID: @cw+1jj61exnf

Yeis as you got brought in at a more biscuits then the rest of us, you are treated fair!!!

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Post ID: @c0+1jj61exnf

This is normal/common scenario. There are VPs which have been VPs for donkey years.

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Post ID: @bk+1jj61exnf

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