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Fortune

Luisa Beltran

JPMorgan Chase workers grouse over measly bonuses, 2% pay bumps as bank reels in record $58.5 billion in profits

JPMorgan Chase JPMorgan JPM United States Fortune

(Credit: Courtesy of Win McNamee / Getty Images)

It’s Wall Street bonus season, and employees at JPMorgan Chase are learning whether they will get a pay bump. Some workers are already voicing their displeasure with the bank.

This week, JPMorgan Chase began informing its more than 300,000 employees how much they earned in 2024 bonuses. Managers started telling their staff on Tuesday, Jan. 21 and were expected to finish up by Wednesday, Jan. 22. JPMorgan Chase is expected to pay out the bonuses, for U.S. based employees, on Jan. 28.

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