Thread regarding JPMorgan Chase & Co. layoffs

When will we know about the bonus and salary adjustment?

by
| 4206 views | | 27 replies (last January 19, 2022) | Reply
Post ID: @OP+1eE7xrRG

27 replies (most recent on top)

75% of my team received little to no bonus and little to no raise. A JP Morgan Asset Management Team.

by
| | Reply
Post ID: @ekcc+1eE7xrRG

Good raise and average bonus

by
| | Reply
Post ID: @dqau+1eE7xrRG

Bonus sucked

by
| | Reply
Post ID: @dznm+1eE7xrRG

Oh nevermind. Bonus is huge. Way more than I was expecting.

by
| | Reply
Post ID: @dioj+1eE7xrRG

Relax guys. It will be today. It is always later in the day. I would expect conversations to start after 2:00 PM ET.

by
| | Reply
Post ID: @dxlt+1eE7xrRG

Dudes when is it going to happen!!! I need that $$$$$$$$$

by
| | Reply
Post ID: @dlds+1eE7xrRG

It's the 18th, not a peep about it. Anyone know?

by
| | Reply
Post ID: @dhxl+1eE7xrRG

Thanks dude! Great inside

by
| | Reply
Post ID: @bkco+1eE7xrRG

Still waiting to hear brutha…hoping to get that $$$$ though….

by
| | Reply
Post ID: @9xee+1eE7xrRG

Any one know what a promotion salary raise would be? Going from 602 to 603?

by
| | Reply
Post ID: @8zvy+1eE7xrRG

news will be 18th if HR approves else 19th. Pay out a week later.

by
| | Reply
Post ID: @7mij+1eE7xrRG

Yes squirrel you are getting a few acorns to male it thru winter

by
| | Reply
Post ID: @7skx+1eE7xrRG

Any legitimate inside knowledge on bonus % or raise %

by
| | Reply
Post ID: @6wyf+1eE7xrRG

@5muh+1eE7xrRG

Same, I am already looking for another job so I will leave after I got the bonus. It won’t be much like always but better than nothing

by
| | Reply
Post ID: @6cyy+1eE7xrRG

I hope it's a big bonus so at least I'll have something to show for when I leave for another company in the next few months.

I won't hold my breathe, though...

by
| | Reply
Post ID: @5muh+1eE7xrRG

Yeah but add in the 900M from last year, and there are 3-4 rather large ones coming this year. Don’t kid yourself, it comes from the employees!

by
| | Reply
Post ID: @5bsf+1eE7xrRG

That 200 million dollar fine is not much histrically for Chase and 2021 was a pretty standard year from a fines and violations perspective. We have bonused in years with fines in the billions

by
| | Reply
Post ID: @2vjt+1eE7xrRG

Don’t get your hopes up! Remember the $200M fine they just paid! They take it from the staff , not from MDs and above!

by
| | Reply
Post ID: @2ain+1eE7xrRG

Are raised confirmed already? The board just has to approve the bonuses?

by
| | Reply
Post ID: @1vye+1eE7xrRG

Will the percentage change based on the LOB?

by
| | Reply
Post ID: @1vgc+1eE7xrRG

It’s usually after Q4 earnings announcement

by
| | Reply
Post ID: @1vyl+1eE7xrRG

Can we get a hint how much percentage bonus we will get?

by
| | Reply
Post ID: @1yqi+1eE7xrRG

The math is done as noted below, but the board has to approve it first. Once the board meets and approves the overall pool, management can then communicate to the employees what their bonuses are. Dates mentioned below (the 18th on the beginning of the communication) is what I understand as well.

by
| | Reply
Post ID: @rko+1eE7xrRG

I hope it's big bonus

by
| | Reply
Post ID: @rgt+1eE7xrRG

The board has a meeting to approve the bonuses around the 18th. Payout will be the following week

by
| | Reply
Post ID: @fry+1eE7xrRG

Management already knows…I don’t know why they’re making everyone wait 2+ weeks to find out

by
| | Reply
Post ID: @hkm+1eE7xrRG

I heard around the 18th but hoping for the 13th/14th

by
| | Reply
Post ID: @nbm+1eE7xrRG

Post a reply

: