Thread regarding JPMorgan Chase & Co. layoffs

601 Comp Question

Hey everyone, I joined CCB earlier this year in a non-tech role based out of Columbus. I’m currently at a $85k base. When I got the offer, HR gave me a range and immediately hit me with the top of it, so I accepted without negotiating. Now I'm wondering if I got low-balled or if $85k is pretty standard for a non-tech 601 in a regional hub. Since it's my first year, I'd also love to know: what do bonuses usually look like at this level, and do we get merit/pay increases every year automatically, or is it strictly performance-based? Thanks for sharing your experiences!


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Post ID: @OP+1m5b6gmwt

5 replies (most recent on top)

601 is so wide of a range. it's so wide that numbers are not meaningful (plus geography variance).

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Post ID: @1cz+1m5b6gmwt

I’m not sure about 601, but when I joined the company in 2019, my starting salary for 602 was $147,000. I am in GTI tech.

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Post ID: @jw+1m5b6gmwt

601 salary can range greatly depending on the role. I’d say $85k is probably fair for most roles. Underwriting can get upwards of $125k and other roles closer to $60k.

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Post ID: @ez+1m5b6gmwt

They changed the rating system this year to a how/what format. Word is they are giving very limited exceeds ratings compared to previous years and how that will impact comp I am unsure. Volatile market, raises have been slim the last 5yrs. 601 I believe gets an annual bonus typically, to what range im not positive but Chase has never been a high incentive company compared to some of its competitors… unless your sales of course.

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Post ID: @ey+1m5b6gmwt

my first year too, would love to know more about bonuses

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Post ID: @ee+1m5b6gmwt

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