Compare J.P. Morgan vs First Republic Bank BETA

Pros

1. Cafe is good and offers cheap meals

Cons

1. There is a tendacy to promote directors and managers who are completely incompetent and discourage other employees from growing. 2. The management is shameless when it comes to showing... favoritism to their favorite employees and this select group of favorites is allowed to say demeaning things to other employees. 3. Managers are known to engage in unethical banking practices under the pretense of “helping” wealthy clients and fulfilling their demands. 4. Sadly, many good hardworking people are leaving this bank because of severely poor management skills of the upper management. 5. Directors and managers engage in spreading gossip across the office and creating highly toxic work environment. The management also restricted overtime pay of the employees which caused some people to work for less pay than they deserved. However, later the management profusely denied making people work for no pay.

Advice to Management

Your directors and managers engage in highly unethical practices and this problem is bigger than you can imagine.