JP Morgan crowned best employer

JP Morgan Asset Management

29 March 2017
| By Hope William-Smith |
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Challenging and interesting work, competitive salaries and opportunities for promotion are amongst the traits attributed to JP Morgan following its top-place takeout in the eFinancialCareers Ideal Employer Ranking for 2017.

A survey of around 6,000 finance professionals across the globe selected the professional and attitudinal qualities that determined a worker’s ideal employer, in the annual eFinancialCareers rankings.

JP Morgan took the top position from Goldman Sachs this year, which fell to number two ahead of Google, Morgan Stanley, and Citibank.

eFinancialCareers senior vice president of customer engagement, George McFerrran, said multiple qualities made up a successful employer. Respondents had voted in favour of a strong executive leadership as a crucial factor (75 per cent), as well as competitive salary (84 per cent), challenging work (85 per cent), and positive culture (78 per cent).

“While remuneration clearly continues to be very important to finance professionals, it’s fascinating to see that being enthused at work and being part of a positive culture are now almost as important,” McFerren said.

“The industry has made great strides in these areas, but as the competition for talent intensifies and becomes cross-industry, further initiatives are needed.”

Investment manager BlackRock was ranked sixth, while HSBC, Bank of America / Merrill Lynch, UBS, and Credit Suisse rounded out the top ten positions.

 

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