JP Morgan CEO reveals why he hires ex-felons

JPMorgan CEO Jamie Dimon says an Ivy League degree and good grades don't guarantee a great employee.

Transcript

00:00JPMorgan has hired thousands of ex-felons, and CEO Jamie Dimon says it's all a part of finding

00:05the right candidate. In 2022, the bank hired over 4,600 people with criminal backgrounds.

00:11Dimon oversees JPMorgan's Second Chance Agenda, which helps people with criminal records re-enter

00:16the workforce, their local economy, and nearby communities. In a recent interview with LinkedIn,

00:21Dimon said skills are just as important as education when finding the right candidate.

00:26And getting rid of checking the box showed him that there's a lot of talent out there.

00:30Dimon doesn't think going to an Ivy League school or having great grades means you're going to be

00:35a great worker. He also thinks overcoming unbelievable hardships in life should be

00:40considered in the hiring process.