High turnover of I.T. staff in London - Applications Developer J.P. Morgan Employee Review

3.0
Apr 22, 2016
Recommend
CEO approval
Business Outlook

Pros

- Very good work/life balance - Satisfactory compensation - Business generally happy with products delivered. - Little firefighting

Cons

- The past few years have seen a heavy restructuring of teams. Many people have come and gone at both senior and junior levels. My manager has changed several times and so have their managers and so on. - Difficult promotion process that relies on juniors really needing to get to know a handful of seniors who might ordinarily be too busy or too new to understand what's going on. - No mentoring or professional development plan. Appraisal system has had empty objectives for the past few years. - Technology 5-10 years behind but the managers don't know it and are reluctant to change. - Very heavy management hierarchy with reporting lines spread across the globe and poor communication and relationships from top down.

Explore other reviews about J.P. Morgan

5.0
Jul 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits and work balance

Cons

I had to leave due to schedule.

3.0
May 12, 2026
Recommend
CEO approval
Business Outlook

Pros

1. One of the best banks, heavy on tech and AI, that makes my life simple 2. Bonus is consistent every year 3. The company is highly social and multicultural. 4. A lot of training program to upskill and develop.

Cons

1. A lot of administrative items to take care of, a significant portion is spent on meetings, meetings are called to establish an agenda for next meetings, and so on. 2. Layoffs, all year round- sometimes significant, while in the middle of delivery. If your manager is off-site/ another city/country, you are more likely to be impacted. 3. Departments may have skewed gender or racial ratios. It is best to stay away to avoid discrimination (to be fair, this has less to do with culture and more to do with who the head of the department is).

See reviews by: Helpful|Rating|Date|All