E*TRADE Financial
2.9 of 5 263 reviews
www.etrade.com New York, NY 1000 to 5000 Employees

E*TRADE Financial Reviews

Updated Apr 11, 2014
All Employees Current Employees Only

2.9 263 reviews

                             

51% Approve of the CEO

(no image)

Paul T. Idzik

(45 ratings)

42% of employees recommend this company to a friend
263 Employee Reviews
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Review Highlights

Pros:
  • "Good work life balance and friendly atmosphere"
    in 14 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 7 reviews
  • "Aside from "licensed stockbroker" sounding important, just another customer service job in a call center"
    in 12 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

vice presient

Vice President (Former Employee)
Arlington, VA (US)

I worked at E*TRADE Financial full-time for more than 10 years

Prosi thought it was fun to be in the financial services industry particularly with a company which valued cutting edge technology to deliver innovative products and services. and who doesn't love the ETRADE baby?

Conscorporate politics. I'm sure politics play a role at the top of all major companies but it gets even worse when top management is in fear for their job. the 2012 exercise with a management consultancy caused many headaches.

Advice to Senior Managementfocus on employee morale!

Yes, I would recommend this company to a friend

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Ok company really good benefits

Anonymous Employee (Current Employee)

I have been working at E*TRADE Financial

ProsThe benefits are very good.

Consyou need to kiss up to make it, no one wants to buy managed money from an online brokerage.

Advice to Senior Managementtrash MIP

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Financial Service Representative

Anonymous Employee (Former Employee)

I worked at E*TRADE Financial full-time

ProsWorking environment is comfortable, and good, People are nice.

ConsStay on phone all time, and very busy when the market fluctuates.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Complex environment ever changing

Anonymous Employee (Former Employee)

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

ProsGood products and services, and great brand

ConsPoor leadership, and very little direction

Advice to Senior ManagementNeed consistence

No, I would not recommend this company to a friend

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Great place to work

Anonymous Employee (Current Employee)

I have been working at E*TRADE Financial full-time for more than 10 years

ProsPlenty of opportunities to take initiatives

ConsNone that I can think of

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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A great company if you like to work with latest tech and in a fast paced environment. But work/life balance can suffer.

Information Technology (Current Employee)
Alpharetta, GA (US)

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

ProsIt is a great environment for self motivated people. Management is open to creative solutions and supportive of projects. Compensation has been good, but upward mobility has been difficult.

ConsThe company is understaffed, which means long hours for those that work there.

Yes, I would recommend this company to a friend

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Just another call center.

Senior Financial Services Representative (Former Employee)
Manila, Manila (Philippines)

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

ProsExposure to US Equities and how it works.

ConsToo many to mention and to name a few, 1. It's a sweat shop working here. 2. Does't care of employees 3. Management will try to maximize everything 4. Pay is too low considering one is a "US broker" 5. Stressful working environment.

Advice to Senior ManagementThey know all these problems but they don't care. Why? The company still struggles from it's financial collapse since 2007-2008 that's why I don't expect them to change.

No, I would not recommend this company to a friend

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Leadership at a Crossroads

Anonymous Employee (Former Employee)
Arlington, VA (US)

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

ProsE*Trade working facilities are really nice and inviting. They have a fairly good peer appreciation program where you can recognize the contributions of co-workers and members of other teams.

ConsMost employees at E*Trade are overworked and under-appreciated. Management provides little direction and often conflicting directives. Additionally, there isn't a sense of collaboration amongst the various teams. Each group is way too focused on their own objectives instead of seeing the bigger picture. Unfortunately, these factors leave the average employee without suitable guidance or support and result in having to work way too hard and too long to complete their tasks.

Advice to Senior ManagementExecutive leadership needs to provide better guidance and hold upper management (VP and Director levels) more accountable for their overall lack of knowledge and management skills.

No, I would not recommend this company to a friend

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Decreasing enjoyment, stuffy atmosphere, great benefits

Systems Engineer (Current Employee)
Menlo Park, CA (US)

I have been working at E*TRADE Financial full-time for more than 5 years

ProsFlexible works hours, great benefits, there is always room to improve a lot of things. Not a cut-throat atmosphere.

ConsThe employee morale is really low, management sees tech. dev. as dead weight.

No, I would not recommend this company to a friend

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1 person found this helpful  

Has potential to be better

Operations Analyst (Former Employee)
Jersey City, NJ (US)

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

Prosthe company's focus on innovation and technology are commendable.

Consopportunities for moving up with in the company are obscure/non-existent. could improve in employee work life balance.

Advice to Senior Managementinvesting in your employees current success at Etrade should be enhanced by offering on going training workshops and engagement between management and employee.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at E*TRADE Financial reviews and ratings - including employee satisfaction and approval ratings for E*TRADE Financial CEO Paul T. Idzik. All 263 reviews are posted anonymously by E*TRADE Financial employees.