JP Morgan Salary

As of August 2026, the average hourly salary for employees at JP Morgan in the United States is $54. This translates to an approximate annual wage of $112,990. Salaries at JP Morgan typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at JP Morgan

Ready for your next career move? Explore current job openings at JP Morgan. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is JP Morgan’s Pay Competitive? Salary Benchmarking Analysis

How does JP Morgan's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Us Hondo Holdings LLC $45
-16.5%
Us Hondo Holdings LLC may offer non-monetary perks in lieu of competitive base salaries.
Otmt $53
-2.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
M &T Bank $43
-20.3%
Reflects market rates for standard general contracting, differing from specialized roles.
Airmall Usa Inc $49
-10.6%
Airmall Usa Inc operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $59
+7.5%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at JP Morgan

Considering a career at JP Morgan? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The workplace is inclusive, where diverse perspectives are valued and encouraged. The company empowers you to own your work while offering support where needed. Management provides direction but rarely engages in collaborative problem-solving. Cutting-edge financial tools and technology keep employees engaged and efficient.
Coworkers are diverse and bring rich perspectives to the work. I am impressed with the company’s dedication to diversity and inclusion, creating a respectful and supportive workplace. Coworkers are driven and respectful, and leadership consistently promotes internal growth. Management is formal and reserved. It's a great place to learn from experienced professionals in the financial field.
A lot of financial companies feel cold, but this one is refreshingly human. This creates a respectful and efficient work environment for everyone on the team. The office is well-equipped, and schedules are consistent. This discipline saves countless hours. I appreciate the trust and autonomy given. This inclusive approach enriches our problem-solving capabilities and strengthens our team, reflecti...
This shows a commitment to employee development and long-term career paths, which I value. Birthday recognitions. Teams work seamlessly together, leveraging diverse expertise to solve complex financial challenges.
Regular training programs keep skills up to date. Work-life balance depends heavily on manager support. From peer-to-peer praise to leadership shout-outs, effort doesn’t go unnoticed. This organization provides a structured yet flexible working model. With flexible schedules, remote work options, and generous PTO, employees can thrive both professionally and personally.

JP Morgan Overview

Website
www.jpmorgan.feedback
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
277 Park Ave New York City New York NY 10172
Revenue
$10 Million - $50 Million
Phone Number
+1 2122706000
Social Media
About JP Morgan
JPMorgan Chase & Co. is an American multinational banking and financial services holding company headquartered in New York City. It is the largest bank in the United States, and the world's sixth largest bank by total assets, with total assets of US $2.35 trillion. {"components":{"NUMBER":"277","STATE":"NY","CITY":"New York","COUNTY":"United States","ZIP":"10172","STREET":"Park Avenue"},"line1":"2

What Benefits Does JP Morgan Offer Beyond Salary?

A competitive compensation package is more than just a salary. JP Morgan offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at JP Morgan.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from JP Morgan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of JP Morgan salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of JP Morgan

1. What is the estimated average total compensation at JP Morgan?

Salary.com estimates that the average total compensation package at JP Morgan, which can include base salary, potential bonuses, and benefits, is around $54 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does JP Morgan pay compared to Us Hondo Holdings LLC?

The average annual salary at JP Morgan is $112,990, or an hourly wage of $54, in comparison to Us Hondo Holdings LLC which pays $94,320 per year or $45 per hour.

3. Do salaries differ significantly between departments at JP Morgan?

Yes, salaries often differ between departments at JP Morgan due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at JP Morgan?

Salary progression from an entry-level to a senior role at JP Morgan can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from JP Morgan in New York is fair given the local cost of living?

To determine if a salary offer from JP Morgan in New York is fair, first compare the gross salary to our data for similar roles at JP Morgan and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

6. Are promotions at JP Morgan usually accompanied by a significant salary increase?

Yes, promotions at JP Morgan are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.