Archive · 11 Dec 2025
JPMorgan Gives $1,000 to Low-Paid Employees
JPMorgan Chase is giving a $1,000 bonus to employees who make less than $80,000 a year.
This bonus is usually added to their retirement savings plan if they work in the U.S. If they work outside the U.S., they get the money directly.
To get this bonus, employees must have worked at the bank for at least one year and have a job title of vice president or lower.
The bank has been doing this every year for at least ten years.
The bank has about 318,000 employees worldwide, but it didn't say how many will get the bonus or how much it will cost.
The bank's stock went down a bit this week because of concerns about rising costs.
JPMorgan Chase is giving a $1,000 payment to employees earning less than $80,000 annually.
Eligible employees must participate in the U.S. 401(k) plan, have worked for at least one year, and hold a title of vice president or below.
U.S.-based employees receive the payment as a 401(k) contribution, while international employees get a cash payment.
The bank has been making these annual payments for at least the past decade, with the salary threshold remaining at $80,000 in 2024 and 2023.
JPMorgan has 318,000 employees globally, but the exact number of eligible employees and the total cost of the award were not disclosed.
- Who
- JPMorgan Chase employees with annual pay below $80,000
- What
- A $1,000 payment or 401(k) contribution
- When
- Announced on Tuesday (specific date not mentioned)
- Where
- Globally, with different forms for U.S. and international employees
- Why
- An annual tradition for at least the past decade
- Company
- JPMorgan Chase
- Payment Amount
- $1,000
- Eligibility Criteria
- Annual pay < $80,000, U.S. 401(k) participation, at least 1 year of service, vice president or below
- Global Employees
- 318,000
- Payment Form
- 401(k) contribution (U.S.), cash (international)
- Annual Tradition
- At least a decade
- Salary Threshold
- $80,000 (2024 and 2023)