E*TRADE Financial

  www.etrade.com
  www.etrade.com

E*TRADE Financial Reviews

Updated 16 December 2014
Updated 16 December 2014
323 Reviews
2.8
323 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Paul T. Idzik
66 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 10 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Project Manager

    • 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

    Easy to manage work life balance, which is generally difficult in Bay area companies. Freedom to express your view and implement the same.
    Top management keen to work with ground level employees

    Cons

    Management change has caused some anxiety among the employees. But off late that is settling down. I suppose it should change for good.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Etrade experience

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

    I have been working at E*TRADE Financial as a contractor (more than 3 years)

    Pros

    I had very friendly co-workers and managers. The work environment is really good and will surely recommend this company to my friends.

    Cons

    Nothing much. It is a wonderful company to work with.

    Recommends
    Positive Outlook
  3.  

    Not what you would expect

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Jersey City, NJ (US)
    Former Employee - Anonymous Employee in Jersey City, NJ (US)

    I worked at E*TRADE Financial full-time (more than 3 years)

    Pros

    Very intelligent upper and middle management. E*trade has done a solid job of bringing on board top talent from other firms. They are also striving to be competitive and transform the company. Everyone at home-office level cares deeply for the success of the company.

    Cons

    Unless you are in the tech or software side of the business, working at Etrade is more like working at a top-tier bank but with less pay, more frustration over lack of resources, and less opportunities.
    -Very long hours, little flexibility.
    - Pushing managers to give low reviews to employees. Promotions are almost impossible to secure in some teams. Structure set up for very low morale and will likely result in frustrated employees seeking opportunities elsewhere.

    Advice to ManagementAdvice

    Improve work-life balance, encourage more flexibility such remote work in HQ and home-offices; encourage positive peer and managerial feedback, as opposed to the opposite; restructure advancement process and ensure that all teams are given the opportunity to promote equally. Getting E*Trade to the next level does not require sacrificing employee happiness in the process.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
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  5.  

    Compliance Ananlyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Compliance Analyst in Chicago, IL (US)
    Current Employee - Compliance Analyst in Chicago, IL (US)

    I have been working at E*TRADE Financial full-time (more than an year)

    Pros

    Good people, and they listen to your input.

    Cons

    Job was tedious and repetitive.

    Advice to ManagementAdvice

    Be more involved in your departments training.

    Recommends
    Approves of CEO
  6.  

    FSR

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

    I have been working at E*TRADE Financial full-time (less than an year)

    Pros

    Paid for Training that Translated Elsewhere

    Cons

    Micro Managed Environment (breaks, lunches, etc)

    Doesn't Recommend
    No opinion of CEO
  7.  

    E*TRADE - Not awful, not great

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

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

    Pros

    Decent, reasonably professional work environment. OK place to start out and get licensed. The UT office is located in a nice area.

    Cons

    Low operational standards frequently result in customer dissatisfaction, and force representatives to be in a near constant state of apology and appeasement. I would never recommend this employer to a friend.

    Advice to ManagementAdvice

    For the love of all that's holy, invest in some technology. It is not OK for you to still be stuck in the 90's.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Great Company

    • 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

    Good pay and introduction to the financial service industry.

    Cons

    Stagnant growth. Many individuals are in the same positions for many years.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Excellent eye-opener

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

    I have been working at E*TRADE Financial as an intern (less than an year)

    Pros

    The creative team is always on the know about current technology. The company has an awesome branding and style-guide to work with.

    Cons

    I could see somedays getting put-off by slow approval of proposed creative ideas.

    Advice to ManagementAdvice

    None really

    Recommends
    Positive Outlook
    Disapproves of CEO
  10.  

    Great company to work for!

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

    I worked at E*TRADE Financial full-time (more than 3 years)

    Pros

    Benefits and training opportunities abound along with internal promotional opportunities. Decent salary also.

    Cons

    Sometimes sales quotas are difficult to meet for certain positions. This is expected and meeting those quotas can lead to significant bonuses.

    Advice to ManagementAdvice

    Employee morale is important within any company.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Time to move on

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at E*TRADE Financial full-time

    Pros

    Pay scale is decent and the company provides good health benefits.

    Cons

    Hard work and consistency have no value over at ETRADE. It is impossible to get promoted unless you are best friends with Managers and Directors. Even exploring options within ETRADE is perceived as betrayal by certain Directors. Bonus structure is also very subjective.

    Advice to ManagementAdvice

    Pay attention to your non managerial employees.

E*TRADE Financial Photos

Office Building top three floors are E*Trade
Sandy Call Center

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