Strategy

Here's What You Can Earn Working At JPMorgan

By Drake Baer
Read in app
JP Morgan
JPMorgan gives you a place in history — and a fat wallet.  Neil Hall/Reuters

All together, JPMorgan Chase has an over 200-year history. 

As we've reported before, it played an indirect role in killing America's first Secretary of the Treasury, winning World War I, contributing to the 2008 financial crisis, and helping avert a more catastrophic financial disaster. 

Naturally, people who work for a firm of such influence get paid quite well — judging by the self-reported salary and bonus numbers on Glassdoor, the job reviewing site. 

As is the case with other big banks, bonuses can be gigantic at JPMorgan.

For instance, the investment banking vice president salary is reported as $172,902, while bonuses nearly double the annual compensation to a sizeable $337,121. 

According to Glassdoor, here's the combined compensation — annual salary and bonus — for 15 positions at JPMorgan, in ascending order: 

1. Application Development Manager: $144,339
2. Vice President — Product Manager: $147,074
3. Research Associate: $152,927
4. Program Manager: $160,074
5. Investment Banking Associate: $162,887
6. Vice President: $177,203
7. Vice President — Investment Bank Technology: $191,619
8. Equity Research Associate: $196,607
9. IT Director: $198,304 
10. Vice President — Quantitative Research: $228,787
11. Senior Vice President: $277,635
12. Managing Director: $296,320
13. Executive Director: $322,540
14. Investment Banking Vice President: $337,121
15. Executive Director, Investment Banking: $344,270 
 
Compare that with what you can pull in at Morgan Stanley or Goldman Sachs.

Read next

极速168赛车官方网站图片

Business Insider tells the innovative stories you want to know

极速168赛车官方网站图片

Business Insider tells the innovative stories you want to know

极速168赛车官方网站图片

Business Insider tells the innovative stories you want to know

极速168赛车官方网站图片

Business Insider tells the innovative stories you want to know

Drake Baer
Drake Baer
Drake Baer was Business Insider's editor-at-large, working across the newsroom to help produce ambitious journalism. For two and a half years before that, Baer served as deputy editor, overseeing a team of 20+ reporters and editors who cover the future of work, real estate, and small business. The fast-paced team was behind some of Insider's major packages in the last few years, including a state-by-state look into unemployment during the first year of the pandemic and in-depth profiles of "niche famous" characters such as real estate media tycoon Brandon Turner and HR icon Johnny C Taylor. They shed new light on big names, like Joe Biden, America's imperfect leader. He also cultivated thesis-oriented ideas journalism, whether it be on why "'diversity' and 'inclusion' are the emptiest words in corporate America" or why it's actually a horrible time to buy a house. (No, really, it is.) Before editing, his byline as a reporter was on the masthead for Fast Company and New York Magazine, covering the many intersections of social science, business, and economics. Baer has interviewed some our time's leading minds, including philanthropist Bill Gates, FiveThirtyEight founder Nate Silver, NBA champion and investor Steph Curry, "growth mindset" psychologist Carol Dweck, the rapper Q-Tip, Nobel laureate Daniel Kahneman, and the man who gave a name to "disruptive innovation," the late Clay Christensen.Baer has published two books, the most recent being Perception: How Our Bodies Shape Our Minds, with Dennis Proffitt. In 2014, New York Times bestselling author and Wharton professor Adam Grant highlighted his first book, Everything Connects, as one of the 12 business books to read that year. He has been featured as a speaker at the Aspen Ideas Festival, presented at TedX Princeton, and moderated many panels.  
HOME Subscribe