E*TRADE Financial

  www.etrade.com
  www.etrade.com

E*TRADE Financial Reviews

Updated October 14, 2014
Updated October 14, 2014
305 Reviews
2.8
305 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Paul T. Idzik
58 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

158 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Excellent eye-opener

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

    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
  2.  

    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.  

    E*TRADE Great Place to Work

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

    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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    What a company

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

    I have been working at E*TRADE Financial full-time (more than an 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
  6.  

    Fairly good

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

    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
  7.  

    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
    Current Employee - Senior Staff Software Engineer in Menlo Park, CA

    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
  8.  

    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 (less than an 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
  9.  

    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
  10.  

    Lots of New Life

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

    I have been working at E*TRADE Financial full-time (less than an 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
  11. 1 person found this helpful  

    Etrade is transitioning from a stock brokerage firm to a discount full service broker.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Representative in Salt Lake City, UT
    Current Employee - Financial Services Representative in Salt Lake City, UT

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

    Pros

    Etrade values work life balance and offers opportunities to advance in your career path. The management team also supports their employees allowing them to pursue their professional goals.

    Cons

    Etrade is primarily a stock brokerage firm and is transitioning to a discount broker dealer firm with a full product line offering. Having worked at a competitor in this space Etrade needs to develop products that are competitive in both price and performance to be successful. The firm also needs to embrace retirement planning as an initiative to further develop client assets to diversify the firms revenue stream during turbulent market conditions.

    Advice to ManagementAdvice

    The internal systems at Etrade need to be reviewed and modified to be more inline with competitors software package for employees. If the firm is attempting to transition to a full service discount broker and intends to offer more than a platform to trade stock, information must be accessible in a more useful format for employees. Additionally, there are several contract groups that offer 3rd party services for Etrade that should be brought in house to ensure business continuity.

    Recommends
    Positive Outlook
    Approves of CEO

E*TRADE Financial Photos

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

+ Add Photo

Work at E*TRADE Financial? Share Your Experiences

E*TRADE Financial

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.