Anyone recommend going to Chase? Or experiences to share?
13 replies (most recent on top)
GS and JPMC salaries and bonuses are higher and better than Citi's.
This is the tradeoff. RTO 5 days per week for higher salaries and bonuses.
On some level or subconsciously, Citi knows if it truly enforces RTO Citi will lose its best employees to Quitting.
The options are: 1) Citi RTO 3-5 days per week enforced. OR 2) GS, JPMC etc. RTO 5 days per week enforced with 20% or higher salary and bonus increase.
Citi already has subpar low caliber employees compared to its envied Competitors. This is why Citi has financial, technological and operational problems NO Other financial institution has with an endless cycle of perpetual Consent Orders, monetary fines, sanctions, MRIAs, violations etc..
Companies are only as good as the employees they hire. When the foundation is rotten, the whole building collapses and crumbles.
Guess what?? Citi has been collapsing for the past 10 to 20+ years.
You think it's bad here. I hear it's pretty intense over there and they are five days a week without much time for your own life. Pass, for me.
I came from JPM 4 years ago. got nearly 40% base increase
two former colleagues who left JPM and wanted to come back a year later had to take up to 20% cut.
personally for me , JPM culture was much more toxic and aggressive. C is a mess, but up to now people at least treated each other with respect. in JPM it's ki-l or be ki-led.
Hippy culture does NOT pay the bills and expenses.
Hippy culture also doesNOT mean competency or Not dysfunctional financially, technologically and operationally.
if you think Citi is/was bad - Citi is a hippy culture compared to JPM/Chase and Goldman.
Depends on the OP's expenses and lifestyle.
If the OP needs to pay for childcare/babysitter 5 days per week, this needs to be factored into the salary increase and bonus potential at JPM.
Professional daycare, think Bright Horizons and other similar companies charge a minimum $2000 per month. And I believe you need to pick up your kid by a certain time else you get charged extra $$.
This is is addition to factoring in commuting, parking and petroleum expenses.
If the OP has low expenses etc., wants/needs at least a 20% salary increase and doesn't mind commuting to the JPM offices 5 days per week, then leave Sh!ttybank.
@cj then go? Who’s stopping you?
Desibank is 3 days rto, and barely enforced. JP is 5 days and closely tracked enforced
@bm I’d take the 20% pay bump even with the added “cost” of an extra 2 days in the office if the culture were better.
Is RTO a global requirement? I recall CEO boasted that she allows her employees WFH unlike other nasty Wall Street banks.
Citi is only three days rto
Gee let’s see…..
Citi = RTO 5 days per week
or
JPM = RTO 5 day per week +20% more pay than Citi.
Hmmm….that’s a tough one Frank.
5 days RTO 🤮