'I don't like it' | JP Morgan warns new hires over early exits

America’s biggest bank JP Morgan, has tightened its approach to early career attrition, telling new graduate employees they could lose their jobs if they accept roles elsewhere within 18 months of joining.

In an email to incoming hires, the co-heads of JP Morgan’s global banking division wrote: “If you accept a position with another company before joining us or within your first 18 months, you will be provided notice and your employment with the firm will end.”

The message, first reported by Fortune, reflects mounting frustration over graduate recruits accepting offers and then quickly departing for positions at private equity firms and other financial institutions.

Training attendance and engagement now mandatory

Beyond exit clauses, the internal communication also stressed expectations for engagement. According to the email, a junior employee “will also be fired if they fail to show up at mandatory training sessions and meetings, and fulfill their obligations again and again.”