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Anonymous banker rips ‘6 months notice’ rule

A JPMorgan Chase banker is fuming over the firm’s policy requiring certain staffers to give six months’ notice before leaving for another job.

The Wall Street worker, who claims to earn around $400,000 annually in total compensation after 15 years of experience, griped that the lengthy notice period likely means a lucrative offer from another firm will be rescinded.

Taking to the social media platform Blind — which allows career professionals anonymity so that they can freely post without fear of retribution from their bosses — the worker in the e-trade division lamented the policy.

“So I had made up my mind to resign from JPM (New York) and look for a new role,” the Blind poster wrote in an item titled, “Notice period blues.”

“When I looked into the resignation process, I see that my notice period is 6 bloody months!!

“I was in disbelief. I checked my offer letter and, ‘Whoops, there it is,’ ” the post continued.

“Assuming I get the new offer (very likely), what are my options?” the employee wrote. “Thinking of giving a reasonable notice (1-2 months) and saying peace.”

“However, I am worried about any legal repercussions,” the worker wrote.

JPMorgan Chase, led by CEO Jamie Dimon, didn’t respond to a request for comment.

The Blind note went on to say the worker was amenable to staying through the notice period, “but I am pretty sure the new employer will rescind the offer and not wait 6 months.”

JPMorgan Chase has a reputation for requiring lengthy notice periods from departing employees.

Workers at its India corporate offices said last year that the Wall Street giant was raising its notice period from 30 days for vice president and below to 60 days, according to eFinancialCareer.com.

Meanwhile, bankers at the executive-director level saw their notice period bumped up to 90 days.

Bulletin boards include posts from Wall Street professionals who say it is common for banks to include noncompete clauses in employees’ contracts that bar them from being hired by a competitor for up to six months.

When I looked into the resignation process, I see that my notice period is 6 bloody months!!

— JPMorgan worker