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Vault Message Board: JPMorgan

Topic Name: titles
Message Name: Benefits associated with title
Date Posted: 01/29/2006
In Reply To: The actual titles vary across LOB's, but here is the general breakdown with relevant job codes 400 Level: Contains a few gradations. Lowest level. Hourly paid (Non-Exempt Status). No incentive comp eligibility. Most likely called "analyst", but also includes a lot of the function line-role positions. 500 Level: Contains a few gradations. May be hourly or salaried. No incentive comp eligibility. May receive 'Staff Bonus' which is a form of comp -- much lower than what officers would make. Also likely to be called "analyst". Most college graduate entry level employees are this level. 600's (The officer Levels) Salaried / Bonus Eligible. 601: Associate or Assistant Treasurer 602: AVP 603: VP 604: VP / SVP 605: SVP / MD
Message: I hear JPM Chase is phasing out titles. Is this true? What are the benefits of having a title? stock options? bonus restricted stock?

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