JPMorgan’s Six-Month Notice Rule Is an Old School ‘Handcuff’

Forget two weeks. JPMorgan Chase reportedly wants employees to give the bank six months’ notice before they walk out the door.

The policy came to light after a veteran JPMorgan employee took to social media to seethe about it. Although the company hasn’t publicly commented, the notice requirement appears to be designed to prevent staffing shortages when employees decide to exit.

It’s an example of a “handcuff” policy, an outdated approach to retaining talent that runs contrary to the broader shift toward worker empowerment. They remain on the books at far too many companies, despite diminishing returns.

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