JPMorgan Chase Salaries

2,325 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.

57.8
  • 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 (98%)

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.

3.6
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average JPMorgan Chase Salary

3.6
Total Median Pay
$90,760
Median Base Pay
$75,760
Median Bonus Pay
$15,000

How much does JPMorgan Chase pay?

Base range:
$48,000 - $125,000

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:
$2,000 - $75,000

JPMorgan Chase pays an average salary of $75,760 per year. This base compensation is the equivalent of $38 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at JPMorgan Chase based on our data is actually 58 hours, which would bring down the true effective hourly rate to $27 on average. If you include the average bonus of $15,000, then the total average pay at JPMorgan Chase would be $90,760 per year or $33 per hour at the 58 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. JPMorgan Chase pays the highest-paid employees over $150,000 a year, while the lowest-paid employees are paid less than $70,000. JPMorgan Chase employees in different groups or divisions tend to have different salaries as well.For example, employees in the Equities sector earn an average yearly salary of $300,000.While employees in the Retail Banking sector earn an average yearly salary of $42,000. Additionally, geographic location can impact the compensation for employees at JPMorgan Chase as well. Based on the WSO data, JPMorgan Chase employees in Hong Kong and New York get paid the most.

JPMorgan Chase Salaries

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Highest Paying Jobs at JPMorgan Chase

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Senior Vice President
Year 2008
Job Title Senior Vice President
Group/Division Mergers and Acquisitions
Location London
Pay Rate/Type
Bonus
Quant
Year 2022
Job Title Quant
Group/Division Generalist
Location New York
Pay Rate/Type
Bonus
Quant
Year 2022
Job Title Quant
Group/Division Generalist
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2018
Job Title Vice President
Group/Division Sales and Trading
Location New York
Pay Rate/Type
Bonus
2nd Year Associate
Year 2020
Job Title 2nd Year Associate
Group/Division Corporate Banking
Location New York
Pay Rate/Type
Bonus
Managing Director
Year 2013
Job Title Managing Director
Group/Division Investment Banking
Location south orange
Pay Rate/Type
Bonus
Executive Director
Year 2023
Job Title Executive Director
Group/Division Trading
Location New York
Pay Rate/Type
Bonus
Executive Director
Year 2023
Job Title Executive Director
Group/Division Trading
Location New York
Pay Rate/Type
Bonus
Year 2015
Job Title
Group/Division Risk Management
Location New York
Pay Rate/Type
Bonus
Executive Director
Year 2014
Job Title Executive Director
Group/Division Equity Capital Markets
Location New York
Pay Rate/Type
Bonus

Average Pay by City for JPMorgan Chase

Below we use 2,325 salary submissions to order the is the total average compensation by city for JPMorgan Chase. 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 Hong Kong, where employees earn an average salary of $105,000.

Salaries by Location at JPMorgan Chase

Rank
City
Total pay Range
Range of $/hr
Hong Kong
Rank 1
City Hong Kong
Total pay Range $77,500 - $145,000
Range of $/hr $39/hr - $73/hr
New York
Rank 2
City New York
Total pay Range $72,000 - $142,000
Range of $/hr $36/hr - $71/hr
Los Angeles
Rank 3
City Los Angeles
Total pay Range $80,000 - $140,000
Range of $/hr $40/hr - $70/hr
Singapore
Rank 4
City Singapore
Total pay Range $65,000 - $135,000
Range of $/hr $33/hr - $68/hr
San Francisco
Rank 5
City San Francisco
Total pay Range $75,000 - $133,000
Range of $/hr $38/hr - $67/hr
Jersey City
Rank 6
City Jersey City
Total pay Range $60,000 - $130,000
Range of $/hr $30/hr - $65/hr
London
Rank 7
City London
Total pay Range $68,000 - $116,800
Range of $/hr $34/hr - $58/hr
Houston
Rank 8
City Houston
Total pay Range $66,500 - $110,000
Range of $/hr $33/hr - $55/hr
Chicago
Rank 9
City Chicago
Total pay Range $67,000 - $110,000
Range of $/hr $34/hr - $55/hr
Atlanta
Rank 10
City Atlanta
Total pay Range $56,000 - $100,000
Range of $/hr $28/hr - $50/hr

JPMorgan Chase Salaries by Department

Salaries at JPMorgan Chase depend on the group, division, department or function. Employees who work in the Equities group tend to get paid the most at at JPMorgan Chase, earning an average yearly salary of $300,000. Employees in the Quantitative Research receive relatively high salaries as well, where wages average $161,515 per year. A division that does not pay as well at JPMorgan Chase includes the Retail Banking group, with employees earning $42,000 on average.

Rank
Department
Average Pay
Average Hourly Pay
Equities
Rank 1
Department Equities
Average Pay $300,000
Average Hourly Pay $150/hr
Quantitative Research
Rank 2
Department Quantitative Research
Average Pay $161,515
Average Hourly Pay $81/hr
Oil & Gas
Rank 3
Department Oil & Gas
Average Pay $150,000
Average Hourly Pay $75/hr
Sales And Trading
Rank 4
Department Sales And Trading
Average Pay $150,000
Average Hourly Pay $75/hr
Mergers And Acquisitions
Rank 5
Department Mergers And Acquisitions
Average Pay $142,000
Average Hourly Pay $71/hr
Industrials
Rank 6
Department Industrials
Average Pay $140,000
Average Hourly Pay $70/hr
Debt Capital Markets
Rank 7
Department Debt Capital Markets
Average Pay $140,000
Average Hourly Pay $70/hr
Healthcare
Rank 8
Department Healthcare
Average Pay $130,000
Average Hourly Pay $65/hr
Ficc Fixed Income Currency And Commodities
Rank 9
Department Ficc Fixed Income Currency And Commodities
Average Pay $125,000
Average Hourly Pay $63/hr
Investment Banking
Rank 10
Department Investment Banking
Average Pay $125,000
Average Hourly Pay $63/hr

Recently Added JPMorgan Chase Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Teller
Year 2022
Job Title Teller
Group/Division N/A
Location San Jose
Pay Rate/Type
Bonus
2nd Year Analyst
Year 2023
Job Title 2nd Year Analyst
Group/Division Operations
Location Newark
Pay Rate/Type
Bonus
1st Year Associate
Year 2023
Job Title 1st Year Associate
Group/Division Private Banking
Location New Yorl
Pay Rate/Type
Bonus
1st Year Associate
Year 2023
Job Title 1st Year Associate
Group/Division Private Banking
Location Austin
Pay Rate/Type
Bonus
2nd Year Analyst
Year 2024
Job Title 2nd Year Analyst
Group/Division Debt Capital Markets
Location New York
Pay Rate/Type
Bonus