In a fast-changing and increasingly demanding world, knowing how to adapt and achieve equilibrium in one’s daily life and routine remains a top priority. This understanding drives JPMorgan Chase and Co. to foster a work environment that equips its employees with all the tools necessary to become better not only in their work but also as better providers for their families through the company’s comprehensive and industry-leading pro-family benefits.
JPMorgan Chase is a globally recognized leader in banking and financial services with over 200 years of history and over 60 years of supporting clients and communities in the Philippines. Its status as one of the best places to work is not only due to its global reach, but also its internal corporate culture, highlighted by a strong emphasis on diversity, equity, and inclusion.
“JPMorgan Chase has consistently been a pioneer,” affirms Brian D. Hood, Philippine head of Human Resources.
“Our innovation transcends beyond banking and finance, beyond the various communities through our philanthropic investments, and extends to crafting a thriving ecosystem for our employees. We’ve successfully brought the best global HR practices to the Philippines, tailored to the local landscape.”
A talent-driven company, it goes beyond offering global career opportunities as it embraces a culture that champions diversity and inclusion. “Amid global challenges and digital transformation, we remain committed to hiring exceptional talent and ensuring that they feel like they belong and are cared for, including their families or those closest to them,” states Hood.
A prime example of this commitment is the “Enhanced Paid Parental Leave” for non-primary caregivers, such as fathers and same-sex partners. Under this initiative, both probationary and regular employee caregivers can avail themselves of 112 calendar days of paid leave, inclusive of statutory benefits. The leave’s flexibility, which can be taken continuously or staggered within 12 months from the child’s birth, allows caregiversto navigate the early stages of parenting while fulfilling their professional commitments.
JPMorgan Chase’s dedication is further exemplified by the extension of regular Maternity Leave to probationary employees, granting them access to 112 calendar days of paid leave. Moreover, Adoption Leave is extended to both probationary and regular employees, providing 112 calendar days of paid leave within 12 months of the child’s placement.
“Juggling family and a career can be incredibly challenging. Here, we believe it’s possible to prioritize both. And if we can offer support and make life easier for our employees, we will do so,” he assured.
The company also offers a Sabbatical Leave of six months to tenured and eligible employees so they can focus on personal matters. For those whose immediate family members have passed away, the company goes beyond by extending Bereavement Leave to 20 days.
As an equal opportunity employer, it embraces individuals with disabilities and neurological differences. As long as they meet the requirements and are ready to build a global career, the company welcomes them with open arms.
And if seeking a career “renaissance,” JPMorgan Chase is the ideal place for “returning professionals” who temporarily put their careers on pause to focus on their families. The company has developed industry-leading programs for skill retraining and retooling.
Its trailblazing spirit extends to supporting transgender and gender diverse employees to live authentically as their affirmed gender. A groundbreaking inclusion, the company covers expenses on gender affirming medical care, including consultations with psychiatrists and services from accredited endocrinologists and surgeons and prescribed hormone therapy. JPMorgan Chase is one of the few companies that offer this benefit.
The firm stands out not only for its pro-family benefits but also for its comprehensive healthcare and insurance plans. Encompassing medical, dental, and vision coverage, alongside life and accident insurance, these benefits underscore the company’s dedication to holistic well-being. The company’s wellness program, which includes mental health support, facilitates access to health coaches, counseling and guidance services.
Dependent coverage for new hires begins on day one, while medical plans, life insurance, bereavement leave and parental leave are accessible to domestic partners of single, unmarried employees.
“We also equip team managers and leaders with tools on how to lead with compassion. We retain open lines of communication, encouraging employees to provide feedback through regular focus group discussions, annual employee opinion surveys, etc. All these efforts contribute to overall high employee retention,” said Hood. “JPMorgan Chase has consistently scored higher than industry benchmarks.”
Unsolicited feedback from employees is a testament to the firm’s commitment to providing exceptional benefits. On a leading online job search portal, employees have described working here as having “career opportunities,” “great advocacy for persons with disabilities and LGBTQ+ members,” “best-in-class health benefits,” “competitive salary” and a company that “listens to suggestions.”