Chase reviews

3.8

71% would recommend to a friend

(10,670 total reviews)

Jamie Dimon

75% approve of CEO

70% positive business outlook

Chase has an employee rating of 3.8 out of 5 stars, based on 10,670 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Chase employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

11K reviews
2.0
Jul 6, 2009
Recommend
CEO approval
Business Outlook

Pros

Fortunately for JPMorgan Chase it possess a great name and it has a very astute, knowledgeable and extremely competent CEO.

Cons

The ethics required of its employees do not seem to apply to compensation promises made by management to these very employees nor to standards required by the employees in dealing with the public. Products and services are structured to maximize profits for the bank and ensuring highest compensation for top management at the expense of the bank's clients and its vast working staff. The causality and blame of the economic downturn has only increased the disparity between proper compensation for employees and obscene reward for the company's lords.

2.0
Jun 22, 2009
Recommend
CEO approval
Business Outlook

Pros

Great Brand name - looks great on resume...But that's about it.

Cons

Unfortunately I think they will erode their brand because of how they treat the employees who are on the front line with customers. Personal Bankers have almost a 25% turnover and with approximately 8,000 PB's nationwide - only about 10% of them make 100K or more....and they work like indentured servents. I've seen my branch district manager call all the bankers into a conference room in the middle of the day to yell at them because they haven't opened up enough checking accounts. This hard core sales strategy leads to some pretty shady dealings. The customer is NOT put first. The home lending area is a disaster. Loans for purchases and refinances in the pipeline for six months or more because the operations and processing is so poor. Many of my fellow workers (who are commissioned) have millions of dollars of loans that they can't get closed, and have to borrow money in order to pay their rents or mortgages. Seems to value mediocrity....most of the high producers in my area have left or are planning to.

3.0
Mar 11, 2009
Recommend
CEO approval
Business Outlook

Pros

JP Morgan Chase Bank is great at organizing and training their employees to be successful in their company. They take the time to make sure that each and every individual is completely competent before entering in their role as active employees. They offer great perks such as discounts to many popular services. It is a job in this economy. They are stable and pay is competitive. Locations in multiple cities increase opportunities. Such a large company naturally offers growth opportunities within and outside the USA. If you are smart, work with your head down and don't ruffle feathers you will likely go far.

Cons

Chase sees there customers as well as their employees as numbers, but you would expect this from a large corporation. All upper Management cares about is sales, so long as you meet their goals they will be happy. Upper Management knows little about operations, and if you are in the operations side you will get little recognition or help. If you are in Branch Banking Upper management treats you like babies, or robots giving you scripts on what to say and when. It makes for a boring relationship between you and your customer. They are reluctant to promotion, unless it's absolutely necessary!

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