E*TRADE Financial

  www.etrade.com
  www.etrade.com

E*TRADE Financial Reviews

Updated December 6, 2014
Updated December 6, 2014
326 Reviews
2.8
326 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Paul T. Idzik
67 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

80 Employee Reviews Back to all reviews

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  1.  

    Great Company to work for

    • 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 10 years)

    Pros

    Great place to gain experience and knowledge

    Cons

    No work/life balance, Not much room for growth depending on the department, classic Corporate America,

    Advice to ManagementAdvice

    Need more flexibility for employees

    Recommends
    No opinion of CEO
  2. 1 person found this helpful  

    Great place to learn about the financial services/brokerage business

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

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

    Pros

    Pay you to get your Series 7 and Series 63 license, benefits are very good, starting pay is decent. Learn a good deal about the financial world in a short amount of time, very applicable if you move to another financial job. All my managers but one were great people to work with, and always there to help. You get a 10% pay increase for working any hours past 5 pm, and any time on the weekends. Business casual dress.

    Cons

    You are monitored on everything you do, from taking exactly a 15 min break, to "unscheduled" bathroom breaks. You phone and computer are tied together and you must "code" you phone to what you are doing, so they now what you are doing all the time. Job can get very monotonous and repetitive. Can be easy to get burnt out. E*trade is open 24/7, so you if you get stuck on the night shift, it can be a while before you get back to regular hours. You have to try to get "leads" for the company (7-10 a week) and you don't get any additional pay for going the extra mile and getting them.

    Advice to ManagementAdvice

    Ease up on the 24/7 monitoring, would be nice to get a little compensation for leads.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  3.  

    Good Culture, executive team made work life hard

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant in Sandy, UT
    Former Employee - Financial Consultant in Sandy, UT

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

    Pros

    Hard working, proud employees. Underdog mentality led to trying to achieve a greater good for the company. Benefits were competitive.

    Cons

    Executive team turnover. Bad balance sheet management effected everybody. Young sales organization did not have the resources or training to effectively manage sales force.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Great culture and work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Specialist in Jersey City, NJ
    Former Employee - Operations Specialist in Jersey City, NJ

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

    Pros

    Laid back and low pressure environment. Management very accommodating of adjusting work schedules and time off. Adjustable work schedules as long as you put in 8 hours and get work done. Pay is OK taking into consideration nature of work. Management really looks out for employees. Co-workers were all very friendly and approachable. Collegial work atmosphere among different departments.

    Cons

    Work can be routine and unexciting. Layoffs can be rampant especially in Operations. Can get stuck in mediocre position for long time with little pay increases and not much advancement opportunities due to business climates. Low turnover and staff cutbacks which reduces growth opportunities.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Decent Place to work

    • 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 (more than an year)

    Pros

    Good Benefits, Great People, Decent Compensation

    Cons

    Technology side of the organization is declining

    Neutral Outlook
    No opinion of CEO
  7.  

    Senior developer

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

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

    Pros

    Good work /life balance, decent salaries and bonus, good team and nice place to work.
    Latest technologies to learn and grow.

    Cons

    sometimes requires 24/7 support.
    no more work from home allowed.

    Advice to ManagementAdvice

    Please improve perfomance review system.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    You need the right position

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Broker/Customer Service in Jersey City, NJ
    Former Employee - Broker/Customer Service in Jersey City, NJ

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

    Pros

    There are some advancement opportunities. The pay is competitive but will likely be on the lower than average range.

    Cons

    If you're stuck in the wrong position (customer service), you will hate life. If that's you, apply to any/all openings you qualify for and hope that some hiring manager saves you. Otherwise, it'll wreck your psyche.

    Advice to ManagementAdvice

    Ease up on the csr. The job is hell and you're not exactly paying a premium to attract the best talent.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Satisfied employee but company is not growing

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

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

    Pros

    rewards top producing employees, lots of time off for employees been there for 5+ years

    Cons

    limited growth potential for someone with an MBA who is not willing to move

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Great place to start...

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

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

    Pros

    Very flexible and don't expect much
    Willing to train and educate

    Cons

    No upward mobility
    Very top heavy

    Advice to ManagementAdvice

    If you paid a bit more you'd attract better talent

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    A review of ETade Financial Corporation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Specialist in Jersey City, NJ
    Current Employee - Operations Specialist in Jersey City, NJ

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

    Pros

    Its a great enviornment to work in. Finance company with a internet attitude. Started as a temp and quickly became a permanent employee.

    Cons

    Company is not making it marks. It seems as if everyday someone else has been let go.

    Recommends
    Negative Outlook
    No opinion of CEO

E*TRADE Financial Photos

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

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