J.P. Morgan Salaries

1 total salary submissions
Avg. Hours Worked (94%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

59.2
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (88%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.4
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average J.P. Morgan Salary

3.2
Total Median Pay
$69,800
Median Base Pay
$67,300
Median Bonus Pay
$2,500

How much does J.P. Morgan pay?

Base range:
$67,300 - $67,300

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range:
$2,500 - $2,500

J.P. Morgan pays an average salary of $67,300 per year. This base compensation is the equivalent of $34 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at J.P. Morgan based on our data is actually 59 hours, which would bring down the true effective hourly rate to $24 on average. If you include the average bonus of $2,500, then the total average pay at J.P. Morgan would be $69,800 per year or $25 per hour at the 59 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. J.P. Morgan pays the highest-paid employees over $192,500 a year, while the lowest-paid employees are paid less than $99,000. J.P. Morgan employees in different groups or divisions tend to have different salaries as well.For example, employees in the Mergers And Acquisitions sector earn an average yearly salary of $170,000.While employees in the Private Banking sector earn an average yearly salary of $126,000.

J.P. Morgan Salaries

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Highest Paying Jobs at J.P. Morgan

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Executive Director
Year 2021
Job Title Executive Director
Group/Division Sales and Trading
Location New York
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2020
Job Title 3rd+ Year Analyst
Group/Division Mergers and Acquisitions
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2022
Job Title Vice President
Group/Division Private Banking
Location Houston
Pay Rate/Type
Bonus
2nd Year Analyst
Year 2020
Job Title 2nd Year Analyst
Group/Division Investment Banking
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2021
Job Title 1st Year Analyst
Group/Division Investment Banking
Location new york
Pay Rate/Type
Bonus
1st Year Associate
Year 2021
Job Title 1st Year Associate
Group/Division Sales and Trading
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2022
Job Title 1st Year Analyst
Group/Division Mergers and Acquisitions
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2020
Job Title 1st Year Analyst
Group/Division Mergers and Acquisitions
Location New york
Pay Rate/Type
Bonus
1st Year Associate
Year 2023
Job Title 1st Year Associate
Group/Division Private Banking
Location Miami
Pay Rate/Type
Bonus
2nd Year Analyst
Year 2022
Job Title 2nd Year Analyst
Group/Division Generalist
Location New York
Pay Rate/Type
Bonus

Average Pay by City for J.P. Morgan

Below we use 1 salary submissions to order the is the total average compensation by city for J.P. Morgan. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is New York, where employees earn an average salary of $145,000.

Salaries by Location at J.P. Morgan

Rank
City
Total pay Range
Range of $/hr
New York
Rank 1
City New York
Total pay Range $110,000 - $170,000
Range of $/hr $55/hr - $85/hr

J.P. Morgan Salaries by Department

Salaries at J.P. Morgan depend on the group, division, department or function. Employees who work in the Mergers And Acquisitions group tend to get paid the most at at J.P. Morgan, earning an average yearly salary of $170,000. Employees in the Investment Banking receive relatively high salaries as well, where wages average $160,000 per year. A division that does not pay as well at J.P. Morgan includes the Private Banking group, with employees earning $126,000 on average.

Rank
Department
Average Pay
Average Hourly Pay
Mergers And Acquisitions
Rank 1
Department Mergers And Acquisitions
Average Pay $170,000
Average Hourly Pay $85/hr
Investment Banking
Rank 2
Department Investment Banking
Average Pay $160,000
Average Hourly Pay $80/hr
Corporate Banking
Rank 3
Department Corporate Banking
Average Pay $129,999
Average Hourly Pay $65/hr
Private Banking
Rank 4
Department Private Banking
Average Pay $126,000
Average Hourly Pay $63/hr

Recently Added J.P. Morgan Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
2nd Year Analyst
Year 2023
Job Title 2nd Year Analyst
Group/Division Private Banking
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2024
Job Title 1st Year Analyst
Group/Division Corporate Banking
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2024
Job Title 1st Year Analyst
Group/Division Financial Institutions Group (FIG)
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Investment Banking
Location New York
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2022
Job Title 3rd+ Year Analyst
Group/Division Generalist
Location New York
Pay Rate/Type
Bonus
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