Updated August 22, 2022

Average JPMorgan Chase & Co. Salary


$35.55 hourly

Entry level Salary
$38,000 yearly
10 %
90 %

How Much Does JPMorgan Chase & Co. Pay?

JPMorgan Chase & Co. pays $73,946 a year, on average, or $35.55 an hour. JPMorgan Chase & Co. pays workers in the bottom 10th percentile under $38,000 a year, while the highest earners in the top 90th percentile make over $143,000. Your field of work can impact your salary at JPMorgan Chase & Co. too. The highest-paying organizational functions at JPMorgan Chase & Co. are research & development, where workers earn an average salary of $125,215 per year, and engineering, where employees earn an average yearly salary of $123,255. In terms of how geography influences how much JPMorgan Chase & Co. pays employees, those located in San Francisco, CA, New York, NY, and Seattle, WA earn the highest salaries.

Highest Paying Jobs At JPMorgan Chase & Co.

While JPMorgan Chase & Co. employees earn an average yearly salary of $73,946, different roles can command different wages. Some of the positions that earn high wages at JPMorgan Chase & Co. include vice president of software engineering, vice president of application development, associate software engineer, and team leader. A typical vice president of software engineering salary at JPMorgan Chase & Co. is $148,653. Some of the other roles at JPMorgan Chase & Co. are cashier and data entry clerk. A worker with the title cashier at JPMorgan Chase & Co. earns an average salary of $30,942 per year.

Highest Paying Jobs At JPMorgan Chase & Co.

RankJob TitleAverage JPMorgan Chase & Co. SalaryHourly Rate
1Vice President Of Software Engineering$148,653$71.47
2Vice President Of Application Development$143,421$68.95
3Associate Software Engineer$122,752$59.02
4Team Leader$121,559$58.44
5Associate Application Developer$114,350$54.98
6Applications Developer$113,946$54.78
7Quality Assurance Lead$111,880$53.79
8Operation Supervisor$107,274$51.57
9Project Manager$103,022$49.53
10Business Analyst$100,324$48.23
11Compliance Officer$96,613$46.45
12Quality Assurance Analyst$94,534$45.45
14Finance Advisor$86,999$41.83
15Finance Service Advisor$80,862$38.88
16Senior Underwriter$78,926$37.95
17Mortgage Underwriter$74,411$35.77
18Senior Loan Processor$65,639$31.56
19Operations Specialist$56,901$27.36
20Specialist-Small Business$54,427$26.17

Highest Paying JPMorgan Chase & Co. Competitor Salaries

Based on our research, similar companies to JPMorgan Chase & Co. are Silicon Valley Bank, Goldman Sachs, and Morgan Stanley. The average salaries at Silicon Valley Bank rank the highest, with their employees earning an average salary of $112,607 per year. The employees at Goldman Sachs earn an average yearly salary of $108,830 per year, and the salaries at Morgan Stanley average $103,933 per year.

Salaries By JPMorgan Chase & Co. Competitors

RankCompany NameZippia ScoreAverage Salary
1Silicon Valley Bank4.9$112,607
2Goldman Sachs4.9$108,830
3Morgan Stanley4.9$103,933
4J.P. Morgan4.6$91,013
5American Express4.8$86,421
7The PNC Financial Services Group4.6$71,084
8Capital One4.7$61,566
10Investors Management4.5$58,559
12Bank of America4.8$53,211
14EMC Mortgage Corp4.3$50,293
15Fifth Third Bank4.9$48,033
16Regions Bank4.5$47,661
17U.S. Bank4.9$46,793
18M&T Bank4.8$45,852
20Wells Fargo4.8$41,599

Average Pay By State For JPMorgan Chase & Co.

RankStateAverage JPMorgan Chase & Co. SalaryHourly Rate
2New York$80,581$38.74
5New Jersey$76,427$36.74
7New Hampshire$74,963$36.04
8Rhode Island$73,940$35.55
9District of Columbia$73,204$35.19

How Much Does JPMorgan Chase & Co. Pay By Location?

When choosing a place to work, it's important to factor in the cost of living when negotiating a salary. At JPMorgan Chase & Co., the employees are paid different salaries depending on their location. The city that stands out for having the highest pay is San Francisco, CA, where JPMorgan Chase & Co. pays its workers an average salary of $84,045. In New York, NY, JPMorgan Chase & Co. pays a lower average salary of $80,567.

Salaries By Location At JPMorgan Chase & Co.

RankLocationAverage JPMorgan Chase & Co. SalaryHourly Rate
1San Francisco, CA$84,045$40.41
2New York, NY$80,567$38.73
3Seattle, WA$78,666$37.82
4Boston, MA$76,968$37.00
5Jersey City, NJ$76,599$36.83
6Salem, NH$75,106$36.11
7Wilmington, DE$70,234$33.77
8Plano, TX$68,430$32.90
9Chicago, IL$67,844$32.62
10Tampa, FL$67,609$32.50
11Denver, CO$66,841$32.14
12Columbus, OH$63,959$30.75

JPMorgan Chase & Co. Salaries By Department

Salaries at JPMorgan Chase & Co. can vary depending on the department or organizational function. Based on our analysis, the employees in research & development earn salaries at JPMorgan Chase & Co. that are well above average, with yearly earnings averaging $125,215. Employees working in the engineering organizational function also get paid well, with an average yearly pay of $123,255. Departments that don't pay as well at JPMorgan Chase & Co. include the retail and customer service organizational functions, with employees earning $41,584 and $47,792, respectively.

Salaries By Department At JPMorgan Chase & Co.

RankDepartmentAverage JPMorgan Chase & Co. SalaryHourly Rate
1Research & Development$125,215$60.20
5Business Development$98,993$47.59
11Customer Service$47,793$22.98

How Much Does JPMorgan Chase & Co. Pay by Department?

Best Paying JPMorgan Chase & Co. Finance Position Salaries

RankPositionAverage JPMorgan Chase & Co. SalaryHourly Rate
1Assistant Treasurer$119,082$57.25
2Banking Center Manager$108,339$52.09
3Investment Associate$106,677$51.29
4Investment Banking Associate$105,018$50.49
6Finance Advisor$86,999$41.83
7Collection Supervisor$80,949$38.92
8Finance Service Advisor$80,862$38.88
9Senior Underwriter$78,926$37.95
11Loss Mitigation Specialist$76,006$36.54
12Mortgage Underwriter$74,411$35.77
13Fraud Investigator$72,781$34.99
14Senior Loan Processor$65,639$31.56
15Specialist-Small Business$54,427$26.17
16Mortgage Processor$50,942$24.49
17Assistant Branch Manager$48,949$23.53
18Bank Specialist$48,009$23.08
19Loan Officer$42,007$20.20
20Relationship Banker$37,426$17.99

Best Paying JPMorgan Chase & Co. Engineering Position Salaries

RankPositionAverage JPMorgan Chase & Co. SalaryHourly Rate
1Vice President Of Software Engineering$148,653$71.47
2Vice President Of Application Development$143,421$68.95
3Performance Engineer$128,687$61.87
4Senior Project Manager$127,903$61.49
5Database Administrator$126,452$60.79
6Technical Project Manager$125,438$60.31
7Associate Software Engineer$122,752$59.02
8Data Scientist$121,984$58.65
9Associate Application Developer$114,350$54.98
10Applications Developer$113,946$54.78
11Technical Analyst$96,320$46.31
12SAS Programmer$95,771$46.04
13Operations, Senior Specialist$95,700$46.01
14Data Analyst$82,382$39.61
15Processing Specialist$66,023$31.74

Best Paying JPMorgan Chase & Co. Retail Position Salaries

RankPositionAverage JPMorgan Chase & Co. SalaryHourly Rate
1Sales And Service Associate$68,549$32.96
2Operations Team Leader$65,548$31.51

Recently Added JPMorgan Chase & Co. Salaries

JobLocationDate AddedSalary
Branch Manager-Reno/Tahoe Market-Reno, NV/Lake TahoeReno, NV07/25/2022$63,003
Wealth Management-Private Bank-AWM Program AnalystBoston, MA07/25/2022$100,000
Banker III-Dealer Commercial Services (Vice President)-Chase Auto-Northeast Tri-State RegionBoston, MA07/25/2022$120,800
Wealth Management-Private Bank-Banker-Vice PresidentLas Vegas, NV07/24/2022$150,000
JPM Payments-Payments & Commerce Solutions-Executive Director, Gaming Product HeadLas Vegas, NV07/23/2022$300,000

Frequently Asked Questions About JPMorgan Chase & Co. Salaries

Is The Pay Good At Jpmorgan Chase & Co.?

Yes, the pay is good at JPMorgan Chase & Co.. Compared to the industry average of $65,790 per year, the average annual salary at JPMorgan Chase & Co. is $73,946, which is 12.40% higher.

What Is The Starting Pay At Jpmorgan Chase & Co.?

The starting pay at JPMorgan Chase & Co. is $38,000 per year, or $18.27 per hour.

How Much Does Jpmorgan Chase & Co. Pay Compared To Bank Of America?

JPMorgan Chase & Co. pays $73,946 per year on average compared to Bank of America which pays $53,211. That works out to $35.55 per hour at JPMorgan Chase & Co., compared to $25.58 per hour at Bank of America.

How Much Does Jpmorgan Chase & Co. Pay An Hour?

JPMorgan Chase & Co. pays $35.55 an hour, on average.

What Benefits Does Jpmorgan Offer?

JPMorgan offers a host of benefits, ranging from health insurance coverage to scheduled bonuses. Although some benefits depend upon your position with the company, most are available to all employees.

What Is The Salary Of The Ceo Of Jp Morgan?

In 2021, the salary for JP Morgan CEO James Dimon was $34.5 million. This includes his base salary of $1.5 million as well as his performance-based incentive pay of $33 million. This was a 9.5% raise from 2020 to 2021.

This raise is cited to have been because of the great work Dimon did with helping the bank bounce back post-pandemic and have record assets by the end of 2021.

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Zippia gives an in-depth look into the details of JPMorgan Chase & Co., including salaries, political affiliations, employee data, and more, in order to inform job seekers about JPMorgan Chase & Co.. The employee data is based on information from people who have self-reported their past or current employments at JPMorgan Chase & Co.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by JPMorgan Chase & Co.. The data presented on this page does not represent the view of JPMorgan Chase & Co. and its employees or that of Zippia.

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