Reply to: Anyone here worked at JP Morgan?

[SantaClaus]

Above average number of divorces and no natural daylight. Apart from that, it's great.

[Paddy]

And flat beer, no Holland's Steak Puddings, nothing wet on chips, no mushy peas and they call dinner lunch and tea dinner. Madness!!!

Do not start me on Barm Cakes...

You must spread some Reputation around before giving it to stek again.

[stek]

Not many do, cramped everything, overpriced everything, asylum seekers everywhere, gangs, crime etc. Nice for a visit now and again, but that's about it.

And flat beer, no Holland's Steak Puddings, nothing wet on chips, no mushy peas and they call dinner lunch and tea dinner. Madness!!!

Do not start me on Barm Cakes...

[proggy]

It's in London. you won't like it here.

Not many do, cramped everything, overpriced everything, asylum seekers everywhere, gangs, crime etc. Nice for a visit now and again, but that's about it.

[sasguru]

I've been offered an interview there. Didn't one of the main posters on this site work there?
Any views on the place?

It's in London. you won't like it here.

[Notascooby]

They´re not the only bank who want to be contractor free. Banking is a longterm dead duck anyway. Basically their business has turned to sh*t.

Certainly they want to be but the problem with banks is that they pay terribly and aren't able to attract (and retain) decent talent (talking IT). Then there's the niche areas such as Risk management or Wealth where the usual PSL hasn't got any coverage so they can't even attract the proper contractors. Add in the likes of Hyphen trying to squeeze rates and it just gets worse.

Lots of opportunities in banks, more regulatory change than you can shake a stick at and even RBS are planning in spending billions on IT change over the next 5 years - far from a dead duck.

[redgiant]

I've been offered an interview there. Didn't one of the main posters on this site work there?
Any views on the place?

I can view their office from my current clientco office on 10 Upper Bank Street

[sasguru]

They´re not the only bank who want to be contractor free. Banking is a longterm dead duck anyway. Basically their business has turned to sh*t.

A very reliable indicator of the truth is simply to reverse whatever you say.

And that is why you are poor. Your analysis of events is poor due to a low IQ.

Banking has been profitable since the early Phoenicians and nothings changed.

[BlasterBates]

They´re not the only bank who want to be contractor free. Banking is a longterm dead duck anyway. Basically their business has turned to sh*t.

[minestrone]

Any exception? Or pretty much hard set rule all the way from the top?

Only one I know of

But not for much longer, they are really wanting to do this from a high level.

[nomadd]

Any exception? Or pretty much hard set rule all the way from the top?

Yep, as already highlighted.

Mate of mine (Oracle DBA) has been there 2.5 years. Thought the chop was finally coming last week when his latest renewal was up. Instead, they've just extended him until the end of the year.

Policy is one thing, but project delivery is quite an other.

[panadol]

1yr for everyone.

Any exception? Or pretty much hard set rule all the way from the top?

[BrilloPad]

1yr for everyone.

JPM just keeps going downhill. It was already well underway when I joined in 2004. The CIO thing came as not surprise to me.

[minestrone]

When I was there they had 3 policies - 2y, 3y and 10y. Is it 1y for everyone now?

1yr for everyone.

[BrilloPad]

It most certainly is, it only came in in January.

2 weeks to go.



That does surprise me as they seem quite intent on implementing the policy fully.

I am sure there is always room for an exception if the business demands it, so not really surprising I suppose.

When I was there they had 3 policies - 2y, 3y and 10y. Is it 1y for everyone now?