2.0
9 Feb 2011
Current employee
Recommend
CEO approval
Business outlook
Pros
Financially strong company, strong brand, which could be seen as a job security. Chase has great benefits such as medical, dental, life insurance. Compensation could be great, in some cases monthly bonuses can be really high. You can purchase chase stock at discount.
Cons
Not matching 401k untill the end of the year, and when matching only if you are still employed with Chase. You can achieve high bonuses if you work in a wealthy area for some time. Very often management hires optimal number of bankers so that monthly bonuses would be minimal and close to zero. In that way bankers work for a base salary, and enough to pay for their costs to the branch.