2011 Corporate Responsibility Report - JPMorgan Chase

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Employees whose jobs have been
eliminated have always had access to a
range of career and placement services,
but this initiative is a concerted effort to
match employees with open positions
prior to their jobs being officially
eliminated. Employees who participate
in Talent Reassignment are assigned a
recruiting advocate, who helps them
navigate the job-posting process. They
also get help with everything from
résumé writing and interviewing skills to
networking and industry search advice.
In 2011, we successfully placed over
2,000 employees in new roles at the firm
through the Talent Reassignment program.
Exec/Sr Lvl
Officials & Mgrs
1st/Mid-Lvl
Officials & Mgrs
WHITE
JPMORGAN CHASE & CO.
BLACK/
AFRICAN
AMERICAN
HISPANIC/
LATINO
ASIAN
PROMOTING DIVERSITY
JPMorgan Chase continues to value and
cultivate a diverse and inclusive workforce.
Diversity is a cornerstone of our global
corporate culture and it helps us meet the
changing needs of our clients, customers and
the communities we serve around the world.
We continue to strengthen our diversity by:
− Encouraging managers to develop
and maintain a diverse workforce
and to identify top talent and build
development plans accordingly
− Seeking a diverse slate of candidates
for all key job openings
− Building a pipeline for diverse talent
by working closely with universities
AMERICAN
INDIAN/
ALASKA
NATIVE
NATIVE
HAWAIIAN/
OTHER
PACIFIC
ISLANDER
TWO OR
MORE
RACES
TOTAL FEMALE
89.5% 2.4% 3.0% 4.8% 0.1% 0.0% 0.1% 1.4% 23.9%
66.6% 11.3% 12.8% 8.3% 0.2% 0.3% 0.5% 18.3% 53.6%
Professionals 65.6% 9.5% 7.6% 16.4% 0.2% 0.2% 0.5% 20.2% 41.1%
All Other 46.4% 19.8% 24.5% 7.6% 0.2% 0.4% 1.0% 60.1% 64.4%
Total 54.6% 16.0% 18.6% 9.4% 0.2% 0.3% 0.8% 57.1%
and key industry groups, as well as
encouraging employee referrals
− Actively involving our people —
through Business Resource Groups,
annual forums, open discussions with
senior leaders, multicultural marketing
efforts and partnerships involving
community activities
− Offering a comprehensive set of policies,
programs and benefits to meet the
changing needs of our diverse workforce
In the United States, 45% of our employees are
of black, Hispanic, Asian or Native American
heritage. In addition, individuals of non-white
ethnicity make up more than half of our total
hires and nearly 20% of our executive hires.
Globally, 53% of our employees are women,
who represent half of our total hires.
Inclusive Leadership from the Top
In late 2011, the firm launched the
JPMorgan Chase Diversity Advisory
Council. Comprised of senior leaders from
across the firm’s lines of business and
regions, the Diversity Advisory Council was
created to align our diversity and business
strategies, as well as to provide our
initiatives with a foundation of leadership
support and management accountability.
In Europe, the Middle East and Africa
(EMEA), each business area has an
Inclusive Leadership Council (ILC), a team
of senior executives that aims to ensure
an inclusive environment that encourages
all employees to fulfill their potential, drive