- JPMorgan Chase is giving 2 new recruits a $30,000 annual allowance to dine at restaurants.
- They will work for its restaurant review platform The Infatuation in New York and London.
- Some companies including Twitter and Meta have recently cut back on employee benefits.
Free lunches may be off the table at Twitter under Elon Musk, but JPMorgan Chase is advertising two roles where eating out is a key part of the job.
The investment bank is looking for an editor and writer in New York and London respectively to edit and write reviews. The positions come with a $30,000 “annual restaurant budget”, according to job ads posted on Tuesday.
The senior editor role for its restaurant review operation The Infatuation, which the bank acquired in 2021, comes with a starting salary of between $85,000 and $130,000.
The job description for the New York role says: “This position is an editing job and also very much an eating job – you’ll get a $30,000 annual restaurant budget for dining out. If that sounds amazing rather than intimidating to you, we should talk!”
Candidates must have at least five years’ experience and be someone who “would lose sleep over a missing comma or a misspelled menu item.”
The staff writer in London will get to dine out at restaurants multiple times per week, according to the ad.
JPMorgan bought The Infatuation, which also publishes Zagat guides, to help give customers “exceptional benefits, useful content and one-of-a-kind experiences.”
Some companies have rolled back benefits for all staff such as meal allowances to cut costs. Twitter has scrapped free meals, and perks such as wellness and productivity allowances, but still provides coffee and snacks.
Meta ended a $200-a-month Lyft subsidy and on-site laundry services as part of a reduction on employee benefits from $3,000 to $2,000 each.
JPMorgan didn’t immediately respond to a request for comment from Insider.