E*TRADE Financial Reviews

Updated 27 August 2014
Updated 27 August 2014
297 Reviews

2.8
297 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Paul T. Idzik
55 Ratings

Review Highlights

Pros
  • Etrade values work life balance and offers opportunities to advance in your career path (in 16 reviews)

  • The Series 7 and 63 training is free and useful in other jobs (in 13 reviews)


Cons
  • could improve in employee work life balance (in 8 reviews)

  • Call center work can eventually wear on an individual (in 14 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Fairly good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer  in  Menlo Park, CA (US)
    Current Employee - Software Engineer in Menlo Park, CA (US)

    I have been working at E*TRADE Financial full-time for more than 3 years

    Pros

    It was my first job at E*TRADE and I learnt a lot, given that I was new to the industry.
    Get to know how brokerage and stock plan works. Good team and team-mates to work with.
    Good bonus if you work hard and stand out from others.

    Cons

    Long working hours.
    Strict time-off policies.
    Less pay/perks.

    No opinion of CEO
  2.  

    I am not sure if I should write review because my experiences could likely be quite unique and not necessarily helpful.

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Current Employee - Senior Staff Software Engineer  in  Menlo Park, CA (US)
    Current Employee - Senior Staff Software Engineer in Menlo Park, CA (US)

    I have been working at E*TRADE Financial full-time for more than 8 years

    Pros

    Good health care benefits. Considering the long commute, I get to work from home once in a while. Overall, all I can say is, It could be worse here or elsewhere. May be it's just me.

    Cons

    Long commute. Almost complete disregard for work transparency. Was accused of sexual harassment falsely. Was not given adequate opportunities. But my experiences may not be representative of the larger set of employees.

    Neutral Outlook
    No opinion of CEO
  3.  

    After 7 years, 5 titles and 3 relocations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Manager  in  Menlo Park, CA (US)
    Former Employee - Product Manager in Menlo Park, CA (US)

    I worked at E*TRADE Financial full-time for more than 5 years

    Pros

    Flexible work schedule, great benefits

    Cons

    Lack of direction, uncompetitive salary, few perks.

    Advice to ManagementAdvice

    Hire some thinkers, not just workers.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Financial Service Representative

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Service Representative  in  Alpharetta, GA (US)
    Former Employee - Financial Service Representative in Alpharetta, GA (US)

    I worked at E*TRADE Financial full-time for more than a year

    Pros

    Pay and training is good.

    Cons

    Overly micro-managed environment. Not for people who like to work independently.

    Advice to ManagementAdvice

    Ease up on micro managing

    Recommends
    Neutral Outlook
  6.  

    Paid Training, Good benefits which start on day of hire, Lower pay, Micromanaged.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Services Representative  in  Sandy, UT (US)
    Former Employee - Financial Services Representative in Sandy, UT (US)

    I worked at E*TRADE Financial full-time for more than 5 years

    Pros

    As an entry level FSR (financial services rep.) you will learn and gain exposure to almost everything within the brokerage banking system. If you like overtime especially in the tax season it will be available. Excellent support and training.

    Cons

    You will be on the phone all the time, I'm not saying this is a con but there is no time for chit chat as there is almost always calls in the que. You will be micromanaged down to the minute including call time, breaks, lunch and almost everything you do. Again not necessarily a con just the way it is. If you are punctual and don't mind working for 8 hrs a day then you will do fine and will gain a lot of knowledge and experience.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Company living in the past

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at E*TRADE Financial full-time for less than a year

    Pros

    The people here are nice.

    Cons

    Very little diversity.
    Do not care about the comfort of their employees. (2 microwaves and 2 fridges for the entire bottom floor.
    Cramped spaces to work in. Some even share a desk.
    No communication between groups.
    Pay is not up to par for being in the Silicon Valley.
    Outsource way to much which causes even more communication problems.

    Advice to ManagementAdvice

    Pay more and include more benefits in order to make coming to work more enjoyable. If you want us to work long hours at least make it comfortable.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Overall a good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at E*TRADE Financial

    Pros

    Smaller company
    Good clients for the most part
    Uncapped comp plan for sales

    Cons

    Very little career progression
    Small fish in a big pond

    Advice to ManagementAdvice

    Need to come up with a better career advancement plan

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Lots of New Life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - User Experience  in  New York, NY (US)
    Current Employee - User Experience in New York, NY (US)

    I have been working at E*TRADE Financial full-time for less than a year

    Pros

    Exciting and challenging projects underway to modernize the company. Leadership is supportive of ambition and knows they should think big.

    Cons

    Sometimes there are a lack of processes and also a lack of speed in modernization efforts. As a result, some change feels slow.

    Advice to ManagementAdvice

    Keep up on following through.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Getting better and making changes for the better.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at E*TRADE Financial

    Pros

    Getting better and making changes for the better.

    Cons

    Was once the leader in the business but now it's a follower.

  11.  

    RUN AWAY AS FAST AS YOU CAN!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Platinum Relationship Manager
    Former Employee - Platinum Relationship Manager

    I worked at E*TRADE Financial full-time for less than a year

    Pros

    There are no pro's other than they will pay you eventually.

    Cons

    -Leadership lacks vision, understanding, and how to manage.
    -For a firm that is supposedly tech savvy; they are about 10 years behind the rest of the industry.
    -There is no clear vision of where this company is going.

    Advice to ManagementAdvice

    FIRE YOUR MANAGERS AND START FROM SCRATCH!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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