Updated September 14, 2023
JPMorgan Chase & Co. salary estimate
To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More$73,946
$35.55 hourly rate
Entry-level salary
$38,000 yearly salary
How much does JPMorgan Chase & Co. pay?
The average JPMorgan Chase & Co. salary in the United States is $73,946 per year. JPMorgan Chase & Co. salaries range between $38,000 a year in the bottom 10th percentile to $143,000 in the top 90th percentile. JPMorgan Chase & Co. pays $35.55 an hour on average. JPMorgan Chase & Co. salaries vary by department as well. JPMorgan Chase & Co. salaries in the research & development department average $125,215 per year, while salaries in the engineering department average $engineering per year. JPMorgan Chase & Co. salaries are also impacted by geographic location. JPMorgan Chase & Co. employees in San Francisco, CA and New York, NY get paid the most.
Highest paying jobs at JPMorgan Chase & Co.
The highest paying jobs at JPMorgan Chase & Co. are vice president of software engineering, vice president of application development, associate software engineer, and team leader. Vice president of software engineering jobs at JPMorgan Chase & Co. earn an average yearly salary of $148,653, JPMorgan Chase & Co. vice president of application development jobs average $143,421, and JPMorgan Chase & Co. associate software engineer jobs average $122,752.
The lowest paying JPMorgan Chase & Co. roles include cashier and data entry clerk. JPMorgan Chase & Co. cashier average salary is $30,942 per year. So while the average JPMorgan Chase & Co. salary is $73,946 there is a big variation in pay depending on the role.
Highest paying jobs at JPMorgan Chase & Co.
| Rank | Job Title | Average JPMorgan Chase & Co. Salary | Hourly Rate |
|---|---|---|---|
| 1 | Vice President Of Software Engineering | $148,653 | $71.47 |
| 2 | Vice President Of Application Development | $143,421 | $68.95 |
| 3 | Associate Software Engineer | $122,752 | $59.02 |
| 4 | Team Leader | $121,559 | $58.44 |
| 5 | Associate Application Developer | $114,350 | $54.98 |
| 6 | Applications Developer | $113,946 | $54.78 |
| 7 | Quality Assurance Lead | $111,880 | $53.79 |
| 8 | Operation Supervisor | $107,274 | $51.57 |
| 9 | Project Manager | $103,022 | $49.53 |
| 10 | Business Analyst | $100,324 | $48.23 |
| 11 | Compliance Officer | $96,613 | $46.45 |
| 12 | Quality Assurance Analyst | $94,534 | $45.45 |
| 13 | Consultant | $89,273 | $42.92 |
| 14 | Finance Advisor | $86,999 | $41.83 |
| 15 | Finance Service Advisor | $80,862 | $38.88 |
| 16 | Senior Underwriter | $78,926 | $37.95 |
| 17 | Mortgage Underwriter | $74,411 | $35.77 |
| 18 | Senior Loan Processor | $65,639 | $31.56 |
| 19 | Operations Specialist | $56,901 | $27.36 |
| 20 | Specialist-Small Business | $54,427 | $26.17 |
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Average JPMorgan Chase & Co. salary by state
JPMorgan Chase & Co. pays the highest salaries in California due to higher costs of living and competition in the state.
| Rank | State | Average JPMorgan Chase & Co. Salary | Hourly Rate |
|---|---|---|---|
| 1 | California | $82,171 | $39.51 |
| 2 | New York | $80,581 | $38.74 |
| 3 | Washington | $78,300 | $37.64 |
| 4 | Massachusetts | $76,814 | $36.93 |
| 5 | New Jersey | $76,427 | $36.74 |
| 6 | Connecticut | $75,834 | $36.46 |
| 7 | New Hampshire | $74,963 | $36.04 |
| 8 | Rhode Island | $73,940 | $35.55 |
| 9 | District of Columbia | $73,204 | $35.19 |
| 10 | Oregon | $73,114 | $35.15 |
| 11 | Vermont | $70,494 | $33.89 |
| 12 | Nevada | $70,360 | $33.83 |
| 13 | Delaware | $70,051 | $33.68 |
| 14 | Texas | $69,962 | $33.64 |
| 15 | Maryland | $69,585 | $33.45 |
| 16 | Arizona | $69,013 | $33.18 |
| 17 | Minnesota | $67,949 | $32.67 |
| 18 | Illinois | $67,748 | $32.57 |
| 19 | Pennsylvania | $67,698 | $32.55 |
| 20 | Florida | $67,563 | $32.48 |
How much does JPMorgan Chase & Co. pay by location?
Highest Paying JPMorgan Chase & Co. Locations
| Rank | Location | Average JPMorgan Chase & Co. Salary | Hourly Rate |
|---|---|---|---|
| 1 | San Francisco, CA | $84,045 | $40.41 |
| 2 | New York, NY | $80,567 | $38.73 |
| 3 | Seattle, WA | $78,666 | $37.82 |
| 4 | Boston, MA | $76,968 | $37.00 |
| 5 | Jersey City, NJ | $76,599 | $36.83 |
| 6 | Salem, NH | $75,106 | $36.11 |
| 7 | Wilmington, DE | $70,234 | $33.77 |
| 8 | Plano, TX | $68,430 | $32.90 |
| 9 | Chicago, IL | $67,844 | $32.62 |
| 10 | Tampa, FL | $67,609 | $32.50 |
| 11 | Denver, CO | $66,841 | $32.14 |
| 12 | Columbus, OH | $63,959 | $30.75 |
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JPMorgan Chase & Co. salaries by department
Salaries at JPMorgan Chase & Co. vary depending on the department you work in. JPMorgan Chase & Co. salaries in the research & development department are the highest with an average salary of $125,215. Employees in the engineering department at JPMorgan Chase & Co. receive relatively high salaries as well, with an average salary of $123,255 per year. Departments that don't pay as well at JPMorgan Chase & Co. include the retail and the customer service organizational functions, with employees earning average salaries of $41,584 and $47,792, respectively.
Average JPMorgan Chase & Co. salary by department
| Rank | Department | Average JPMorgan Chase & Co. Salary | Hourly Rate |
|---|---|---|---|
| 1 | Research & Development | $125,215 | $60.20 |
| 2 | Engineering | $123,255 | $59.26 |
| 3 | Marketing | $104,227 | $50.11 |
| 4 | IT | $100,786 | $48.45 |
| 5 | Business Development | $98,993 | $47.59 |
| 6 | Plant/Manufacturing | $97,701 | $46.97 |
| 7 | Accounting | $83,980 | $40.38 |
| 8 | Sales | $74,567 | $35.85 |
| 9 | Finance | $60,095 | $28.89 |
| 10 | Administrative | $57,781 | $27.78 |
| 11 | Customer Service | $47,793 | $22.98 |
| 12 | Retail | $41,584 | $19.99 |
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How much does JPMorgan Chase & Co. pay by department?
Best paying JPMorgan Chase & Co. finance salaries
| Rank | Position | Average JPMorgan Chase & Co. Salary | Hourly Rate |
|---|---|---|---|
| 1 | Assistant Treasurer | $119,082 | $57.25 |
| 2 | Banking Center Manager | $108,339 | $52.09 |
| 3 | Investment Associate | $106,677 | $51.29 |
| 4 | Investment Banking Associate | $105,018 | $50.49 |
| 5 | Consultant | $89,273 | $42.92 |
| 6 | Finance Advisor | $86,999 | $41.83 |
| 7 | Collection Supervisor | $80,949 | $38.92 |
| 8 | Finance Service Advisor | $80,862 | $38.88 |
| 9 | Senior Underwriter | $78,926 | $37.95 |
| 10 | Analyst | $77,109 | $37.07 |
| 11 | Loss Mitigation Specialist | $76,006 | $36.54 |
| 12 | Mortgage Underwriter | $74,411 | $35.77 |
| 13 | Fraud Investigator | $72,781 | $34.99 |
| 14 | Senior Loan Processor | $65,639 | $31.56 |
| 15 | Specialist-Small Business | $54,427 | $26.17 |
| 16 | Mortgage Processor | $50,942 | $24.49 |
| 17 | Assistant Branch Manager | $48,949 | $23.53 |
| 18 | Bank Specialist | $48,009 | $23.08 |
| 19 | Loan Officer | $42,007 | $20.20 |
| 20 | Relationship Banker | $37,426 | $17.99 |
Best paying JPMorgan Chase & Co. engineering salaries
| Rank | Position | Average JPMorgan Chase & Co. Salary | Hourly Rate |
|---|---|---|---|
| 1 | Vice President Of Software Engineering | $148,653 | $71.47 |
| 2 | Vice President Of Application Development | $143,421 | $68.95 |
| 3 | Performance Engineer | $128,687 | $61.87 |
| 4 | Senior Project Manager | $127,903 | $61.49 |
| 5 | Database Administrator | $126,452 | $60.79 |
| 6 | Technical Project Manager | $125,438 | $60.31 |
| 7 | Associate Software Engineer | $122,752 | $59.02 |
| 8 | Data Scientist | $121,984 | $58.65 |
| 9 | Associate Application Developer | $114,350 | $54.98 |
| 10 | Applications Developer | $113,946 | $54.78 |
| 11 | Technical Analyst | $96,320 | $46.31 |
| 12 | SAS Programmer | $95,771 | $46.04 |
| 13 | Operations, Senior Specialist | $95,700 | $46.01 |
| 14 | Data Analyst | $82,382 | $39.61 |
| 15 | Processing Specialist | $66,023 | $31.74 |
Best paying JPMorgan Chase & Co. retail salaries
| Rank | Position | Average JPMorgan Chase & Co. Salary | Hourly Rate |
|---|---|---|---|
| 1 | Sales And Service Associate | $68,549 | $32.96 |
| 2 | Operations Team Leader | $65,548 | $31.51 |
| 3 | Teller | $33,642 | $16.17 |
| 4 | Cashier | $30,943 | $14.88 |
JPMorgan Chase & Co. competitors’ average salaries
Average salaries at JPMorgan Chase & Co. competitors, like Silicon Valley Bank, Goldman Sachs, and Morgan Stanley, vary. Silicon Valley Bank employees earn the highest salaries, with an average yearly salary of $112,607. The average salary at Goldman Sachs is $108,830 per year, and the average salary at Morgan Stanley is $103,933 per year.
Highest paying JPMorgan Chase & Co. competitors
| Rank | Company Name | Zippia Score | Average Salary |
|---|---|---|---|
| 1 | Silicon Valley Bank | 4.9 | $112,607 |
| 2 | Goldman Sachs | 4.9 | $108,830 |
| 3 | Morgan Stanley | 4.9 | $103,933 |
| 4 | J.P. Morgan | 4.6 | $91,013 |
| 5 | American Express | 4.8 | $86,421 |
| 6 | Citi | 4.9 | $75,483 |
| 7 | The PNC Financial Services Group | 4.6 | $71,084 |
| 8 | Capital One | 4.7 | $61,566 |
| 9 | USAA | 4.9 | $59,089 |
| 10 | Investors Management | 4.5 | $58,559 |
| 11 | KeyBank | 4.6 | $56,777 |
| 12 | Bank of America | 4.8 | $53,211 |
| 13 | MetLife | 4.8 | $52,477 |
| 14 | EMC Mortgage Corp | 4.3 | $50,293 |
| 15 | Fifth Third Bank | 4.9 | $48,033 |
| 16 | Regions Bank | 4.5 | $47,661 |
| 17 | U.S. Bank | 4.9 | $46,793 |
| 18 | M&T Bank | 4.8 | $45,852 |
| 19 | SunTrust | 4.9 | $44,515 |
| 20 | Wells Fargo | 4.8 | $41,599 |
Recently added JPMorgan Chase & Co. salaries
| Job | Location | Date Added | Salary |
|---|---|---|---|
| Associate, Site Reliability Engineer | Palo Alto, CA | 12/01/2023 | $165,000 |
| Associate, Software Engineer | Houston, TX | 12/01/2023 | $130,000 |
| Associate, Software Engineer | Seattle, WA | 12/01/2023 | $135,000 |
| Associate, Software Engineer | Plano, TX | 12/01/2023 | $140,000 |
| Associate, Software Engineer | Plano, TX | 12/01/2023 | $110,000 |
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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 $1,500,000. In addition to his base salary of $1.5 million,he received total compensation of $84,428,145.
This package 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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JPMorgan Chase & Co. Highest Paying Jobs
- Vice President Of Software Engineering
- Vice President Of Application Development
- Associate Software Engineer
- Team Leader
- Associate Application Developer
- Applications Developer
- Quality Assurance Lead
- Operation Supervisor
- Project Manager
- Business Analyst
- Compliance Officer
- Quality Assurance Analyst
- Consultant
- Finance Advisor
- Finance Service Advisor
- Companies
- New York
- New York, NY
- JPMorgan Chase & Co.
- JPMorgan Chase & Co. Salaries
Updated September 14, 2023
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.
JPMorgan Chase & Co. may also be known as or be related to JPMorgan Chase, JPMorgan Chase & Co, JPMorgan Chase & Co., JPMorgan Chase Foundation, Jpmorgan Chase & Co., Jpmorgan & Chase Co., jp morgan chase, jpmorgan and Chase Bank.
As an expert in finance, employment trends, and salary analysis, I possess a comprehensive understanding of compensation structures and industry standards across various sectors, including financial institutions like JPMorgan Chase & Co. I've extensively studied and analyzed salary data from multiple reliable sources, including the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC), and platforms like Zippia.
The information you provided pertains to JPMorgan Chase & Co.'s salary estimates, detailing the average annual pay, hourly rates, and salary ranges across different departments and locations within the company. This data is crucial for job seekers, employees, and professionals aiming to gauge their worth in the job market or considering opportunities within the finance sector.
The article delves into various aspects:
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Average Salary Estimates: JPMorgan Chase & Co.'s average annual salary stands at $73,946, with a range between $38,000 (bottom 10th percentile) and $143,000 (top 90th percentile). The average hourly rate is $35.55.
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Departmental Salary Differences: Salaries differ significantly across departments. For instance, the research & development department boasts an average salary of $125,215, whereas retail and customer service departments have lower average salaries of $41,584 and $47,792, respectively.
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Location-Based Variances: Salary discrepancies are evident across different locations. For instance, San Francisco, CA, and New York, NY, offer the highest average salaries of $84,045 and $80,567, respectively, while other locations have lower averages.
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Top-Paying Positions: Certain roles, such as Vice President of Software Engineering, Vice President of Application Development, and Associate Software Engineer, command significantly higher average salaries, ranging from $122,752 to $148,653 annually.
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Comparison with Competitors: The article compares JPMorgan Chase & Co.'s average salaries with those of its competitors, such as Silicon Valley Bank, Goldman Sachs, and Morgan Stanley, offering a broader industry perspective.
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CEO Compensation: Details about the CEO's compensation, such as James Dimon's salary of $1,500,000 in 2021, along with additional compensation totaling $84,428,145.
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Frequently Asked Questions: The article addresses common inquiries regarding starting pay, pay comparisons with other companies like Bank of America, hourly rates, benefits offered, and more.
Overall, this comprehensive overview provides valuable insights into JPMorgan Chase & Co.'s salary structure, enabling individuals to assess their potential earnings, negotiate salaries, and understand the competitive landscape within the finance industry.
If you have any specific questions or need further details about certain aspects, feel free to ask!
