E*TRADE Financial

www.etrade.com
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Employee Reviews

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  1.  

    Low quality work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant in San Francisco, CA (US)
    Former Employee - Financial Consultant in San Francisco, CA (US)

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

    Pros

    They have clients for you to develop your skills with.

    Cons

    To simplistic of a business model. It is E-Trade. Recall the phrase, "You get what you pay for."

    Advice to ManagementAdvice

    Stop micromanaging your employees, and treat them as adults.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 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
  3.  

    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
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  5.  

    E*TRADE Great Place to Work

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

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

    Pros

    High energy leadership team that isn't afraid to change things that need changing makes for great opportunities to make a real difference and advance in one's career. Mid-level leadership show true caring for their people.

    Cons

    The largest challenge is keeping up with the pace of work. With so much change for the better happening, the pace can be exhilarating or overwhelming.

    Advice to ManagementAdvice

    There is a solid plan for success in place. Do not be deterred by short-term challenges that might derail the company's transformation. Keep the faith and E*TRADE will be great again.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 4 people found this helpful  

    What a company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Auditor in Arlington, VA (US)
    Current Employee - Senior Auditor in Arlington, VA (US)

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

    Pros

    flexible work hours. Convenient place.

    Cons

    no training. the manual, someone needs to tell these people that everything is not black and white.

    Advice to ManagementAdvice

    Train directors about how to talk to employees. directors who manage 2 or 3 people think that they are gods sent . Talking to employees like we are some idiots. The arrogance of some of the managers, I wonder how these people become managers.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Run OUT of there ASAP

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

    I worked at E*TRADE Financial full-time (more than 8 years)

    Pros

    There are no Pros in E*trade

    Cons

    Managers suck, they think they are Gods, most employees at E*TRADE are unhappy. Directors are rude and barely open their mouths to respond to a simple hello. you need to be part of the Click to get anywhere... if you are not a brown nose it's best for you to get the experience and leave ASAP

    Advice to ManagementAdvice

    You are not GODS... it's too obvious that if employees don't suck up to you, they will get no where.. you have tendency of treating E*TRADE like a cotton field so please change people are employees, not slaves

    Doesn't Recommend
    No opinion of CEO
  8.  

    Great technical experience and some great coworkers but toxic environment from upper management

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

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

    Pros

    I got some great technical experience working here. I also worked with a lot of great people in the teams I was working on. I loved my manager and co-workers.

    Cons

    The upper management from VP down to director level spends a lot of time be-belittling employees. I have witnessed upper management shouting insults at each other and their subordinates smacking their hands on tables to get attention. The environment had a lot of fear and people tended to work in silos to protect themselves. There were missed opportunities to solve some big problems because people were spending too much time and energy protecting themselves instead of working together. This was by far the most toxic work environment I have ever experienced.

    Advice to ManagementAdvice

    People tend work better when they are encouraged.

    Doesn't Recommend
    No opinion of CEO
  9.  

    Stress+Incompetent Supervisors+Incompetent Senior Management=Terrible Work Environment

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

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

    Pros

    You get paid every two weeks, if and only if your manager remembers to approve time cards with your planned vacation that you reminded him several times that you would be taking. If not, you only get half a pay check maybe, but your budget will be thrown off drastically.

    Cons

    Senior management promotes by nepotism. If your the husband of some director, you'll get to take a 24 before anyone else who deserves it. If you're the drinking buddy and family vacation taker of the director, senior manager and manager, you'll probably be promoted to Team Lead. This makes it impossible for a rep to feel comfortable with following the chain of command, because the entire chain will be huddled up at each other's homes playing XBOX or whatever they do. This is worse than the rule "it's about who you know". Management in my group never did anything except compose threatening e-mails to the team about bringing in more leads that we wouldn't get compensation on. Senior management and directors don't care about the knowledge of the employee or the hard work and stress they go through, they just promote their frat buddies. I feel bad for the women and minorities. HR is a joke and management exploits that. Management and Senior Management, even if you are doing everything and more than your role requires, if you stay in a position too long, will attempt to force you to quit or force you into a position that you have no desire going to.

    Advice to ManagementAdvice

    If you want the queue numbers to decrease and the lead numbers to decrease, don't hire your drinking buddy who feeds the newer reps BS to tell the customer because they don't know themselves only to result in an escalation. And make sure your other drinking buddy doesn't make it so obvious that you are drinking buddies. Give the rest of the more tenured brokers some sort of hope of advancement even though there is absolutely no chance.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    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 (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
  11.  

    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 (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

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Office Building top three floors are E*Trade
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