Updated August 27, 2020
The national average salary for an employee at JPMorgan Chase is $74,410 per year or $35.77 per hour.
There is a significant gap between the bottom 10 percent of earners and the top 10 percent of earners. The lowest-paid workers at JPMorgan Chase make less than $38,000 a year, while the highest-paid workers can earn over $143,000.
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Workers at JPMorgan Chase earn different salaries depending on the department or organizational function that they work in.
Employees in research & development roles earn the highest wages at JPMorgan Chase, with an average salary of $125,824.
The second-highest paying department is business development, where employees earn an average salary of $117,834 per year.
The organizational function at JPMorgan Chase where employees earn the lowest salaries is retail with yearly earnings averaging $35,285. Customer service is the second-lowest paying organizational function at JPMorgan Chase, where the workers earn $51,067 per year.
While JPMorgan Chase employees earn an average yearly salary of $74,410, different roles can command different wages.
Some of the job titles with high salaries at JPMorgan Chase are vice president of application development, compliance officer, lead application developer, and senior underwriter.
A worker with the title vice president of application development salary at JPMorgan Chase can earn an average yearly salary of $134,789.
To get a better sense of the salaries at JPMorgan Chase, other roles such as teller and customer service representative can be considered as well. For comparison, the title teller at JPMorgan Chase earns $30,657 per year.
Cost of living can vary dramatically depending on the part of the country you're in.
Looking at our data, we can see that employees at JPMorgan Chase earn more in some areas than others.
The city that stands out for having the highest pay is New York, NY, where JPMorgan Chase pays its workers an average salary of $84,858.
This can be compared to Salem, NH, where JPMorgan Chase employees earn an average salary of $82,336.
| Job | Location | Date Added | Salary |
|---|---|---|---|
Global Real Estate-Design & Construction-Secondary Team Lead-Americas East Newark, DE Global Real Estate-Design & Construction-Secondary Team Lead-Americas East | Newark, DE Newark, DE | 10/26/2020 10/26/2020 | $50,00010/26/2020 $50,000 |
Global Real Estate-Design & Construction-Secondary Team Lead-Americas East Newark, DE Global Real Estate-Design & Construction-Secondary Team Lead-Americas East | Newark, DE Newark, DE | 09/18/2020 09/18/2020 | $50,00009/18/2020 $50,000 |
Associate Banker-MTN South Vegas River Henderson, NV Associate Banker-MTN South Vegas River | Henderson, NV Henderson, NV | 03/08/2020 03/08/2020 | $31,30503/08/2020 $31,305 |
Associate Banker-Trenton South Broad-Princeton Market Trenton, NJ Associate Banker-Trenton South Broad-Princeton Market | Trenton, NJ Trenton, NJ | 03/07/2020 03/07/2020 | $34,43603/07/2020 $34,436 |
Associate Banker-Trenton South Broad-Princeton Market Trenton, NJ Associate Banker-Trenton South Broad-Princeton Market | Trenton, NJ Trenton, NJ | 03/07/2020 03/07/2020 | $34,43603/07/2020 $34,436 |
Some of the competitors of JPMorgan Chase are Morgan Stanley, Deutsche Bank, and The Bear Stearns Companies.
The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $119,634 per year.
The employees at Deutsche Bank earn an average yearly salary of $108,297 per year, and the salaries at The Bear Stearns Companies average $107,775 per year.