Thread regarding JPMorgan Chase & Co. layoffs

Annual Raise and Bonus Expectation for 602

602 here working in back office in CIB. Mid salary range, what can I expect for my annual raise and bonus?


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| 3061 views | | 9 replies (last January 1) | Reply
Post ID: @OP+1k8e1kwfk

9 replies (most recent on top)

When is bonus out?

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Post ID: @9wv+1k8e1kwfk

At the Town Hall with Sean Grzebin was all about AI and getting more customers to bring money to Chase through the mortgage side. We have not seen raises in years as the previous person said no matter how strong your rating is and probably won't again. He was bragging about his home in Aruba and how he had to take a call to listen to AI talk to a customer while on vacation. They do not care about giving you more money as they want raises for themselves, higher bonuses and more stock options. There have been no cost of living adjustments in my 10+ years while inflation has skyrocketed. Besides AI they want to get rid of as many US jobs as possible to the Philippines. US customers don't even know there personal and financial information is being routed there.

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Post ID: @42w+1k8e1kwfk

@1rx So shortsighted. The rating comes from the direct manager, not HR. The favoritism is just as possible as before the changes.

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Post ID: @2pz+1k8e1kwfk

@14x HR took over bonus and merit structure 2 years ago. This is due to favoritism, or perception of. It’s based on ratings and salary/incentive range.

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Post ID: @1rx+1k8e1kwfk

It depends whether your manager is Korean or Chinese, if they are then you won't get any, it will be given to their ethnicity. If not, you will be given minimum 5%.

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Post ID: @14x+1k8e1kwfk

2% increase is average with4k bonus

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Post ID: @x8+1k8e1kwfk

4yrs with exceeds ratings across the board, CCB. $0 raise for 4yrs, one bonus paid about 1% of salary.

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Post ID: @fj+1k8e1kwfk

he said back office.. if MO isnt making 2% raises then what do you think you will get?

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Post ID: @f2+1k8e1kwfk

10-20%

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Post ID: @ds+1k8e1kwfk

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