JP Morgan crowned best employer

JP-Morgan-Asset-Management/

29 March 2017
| By Hope William-Smith |
image
image image
expand image

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.

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

6 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

6 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

8 months 2 weeks ago

Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...

3 weeks 6 days ago

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

3 weeks 5 days ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
3