E*TRADE Financial Reviews

Updated August 23, 2015
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5.0
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Paul T. Idzik
10 Ratings

Pros
  • Work life balance, decent pay (less than what competitors are paying) (in 16 reviews)

  • Paid for Series 7 and 63 classroom hours with amazing instructor (in 13 reviews)

Cons
  • Senior Management, very little communication from mgmt & No work life balance (in 10 reviews)

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

More Pros and Cons

32 Employee Reviews

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  1. Helpful (1)

    Etrade is the best brokerage job to get started in the industry.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Stock Plans Representative in Sandy, UT
    Former Employee - Stock Plans Representative in Sandy, UT
    Recommends
    No opinion of CEO

    Pros

    Etrade is a great place if you like to just show up and do your job and not get hassled by your boss. People that are senior to you are excellent and actually care about their employees. As long as you do what you are supposed to then they stay out of your business completely.

    Cons

    There is basically nowhere to go as far as advancement goes. You start there making 40K and you could work there for 25 years and make 45 or 55K max. It's a GREAT job for a student or someone that is just breaking in the industry. Just don't go in there with the idea that you are going to grab the world by the tail because Etrade is not the place to accomplish that.

    Advice to Management

    None, management is very fair. My boss was a "no bs" type of guy but he was great at giving all of his employees plenty of space. All the other managers are similar.


  2. E*TRADE Securities

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Team Lead in Alpharetta, GA
    Former Employee - Team Lead in Alpharetta, GA
    Recommends

    Pros

    The bonus structure rewards performance. Salary is consistent with industry standards. There are opportunities for advancement. It is an innovative company.

    Cons

    For a company that espouses technology and innovation, some departments are archaic, with processes that require manual calculations froth with human errors.

    Advice to Management

    Keep technolgy in the forefront not only in the active trader brokerage business but for all business units.


  3. Great people, great benefits, great work environment, overall a great place to be!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Alpharetta, GA
    Current Employee - Financial Services Representative in Alpharetta, GA
    Recommends
    Approves of CEO

    Pros

    The people at E*Trade are great, everyone is very professional yet easy to talk to and approachable. Managers have a very good relationship with employees. Employee appreciation is demonstrated often, and there are programs and events that demonstrate upper management is committed to a good work/life balance.

    Cons

    Downsides include internal communication of company direction and intiatives, and odd shift hours for some employees.

    Advice to Management

    Etrade is headed in the right direction, keep up the good work! Overall a great place to be


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  5. Great place to work.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Security Engineer in Alpharetta, GA
    Former Employee - Senior Security Engineer in Alpharetta, GA
    Recommends
    Approves of CEO

    Pros

    - Great teamwork within the group. - Excellent manager who watches out for his employees. - Interesting technology and projects. - Great sense of pride in work. - Great benefits and opportunity to grow your career. - Rewards are available for those who work hard and earn it.

    Cons

    - The position is not your typical Security Engineering role. More like Security Tools. Not network heavy like most Security Engineering teams. - Upper level management throws projects around or stalls/squashes projects randomly - Lots of politics on larger "Charged" projects that lead to dead-ends or delay/partial implementation. - No long term security vision from upper management. More plugging the gaps to cover. - No backup engineer for your projects. That means there is no on-call schedule, you are on-call for your stuff always. *I mention this as a con because it's not the norm. I personally like this better than on-call schedules and instills a sense of "eating your own dog food" - Management commonly give Production and development much higher priority than Security. Consistently feel like you there because they could not get rid of you (like life insurance. No one want's to pay it, but they do)

    Advice to Management

    - Develop a long term plan for Security at E*TRADE. - Place a higher emphasis on Security with projects and peers. - Highlight the great benefits E*TRADE has. Many employees do not realize how good they are.


  6. Etrade, great people.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Database Engineer in Alpharetta, GA
    Current Employee - Database Engineer in Alpharetta, GA
    Recommends
    No opinion of CEO

    Pros

    The people are passionate, close knit, and have an immense sense of ownership. The immediate management listens well to the employees.

    Cons

    growth ads bureaucracy. This isn't a fault of the company per say but the reality of SOX. Also due to size, innovation has suffered.

    Advice to Management

    Improve communication with the employee base. Take risks with development, not with revenue. shut up and listen to the middle and lower tiers.


  7. I have loved working at Etrade

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Sandy, UT
    Current Employee - Financial Services Representative in Sandy, UT
    Recommends
    Approves of CEO

    Pros

    There are lots of opportunites for growth at Etrade, and the management is great for helping their employees succeed. Promotions are based on performance, not tenure which I really like.

    Cons

    401k does not match very much. Health insurance is okay but not the best. Company is not as big as others, so growth is slower than other places.

    Advice to Management

    The management at Etrade is great and very helpful. If you are a good employee, they will help you succeed.


  8. Great place to work!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Financial Services Representative in Alpharetta, GA
    Current Employee - Senior Financial Services Representative in Alpharetta, GA
    Recommends
    Approves of CEO

    Pros

    You don't take the job home with you, training is good, people are great, and management is very easy to work with and like able.

    Cons

    You don't make much money.

    Advice to Management

    Give employees more ways to increase their pay.


  9. Helpful (1)

    Great place to work to learn the industry from the ground up

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Service Associate in Alpharetta, GA
    Current Employee - Financial Service Associate in Alpharetta, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Internal Advancement are dependent upon Performance Knowledgeable Upper Management Great Company Culture Extremely Flexible with work schedule

    Cons

    Work may become repetitive and dull I cannot complain, things have been great for the past 9 months

    Advice to Management

    Keep doing what you are currently doing!


  10. Great environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Auditor in Jersey City, NJ
    Current Employee - Senior Auditor in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good team and there's a ton of knowledge to be learned.

    Cons

    Nothing negative about working here.

    Advice to Management

    None


  11. E*TRADE Financial

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Manager in Charlotte, NC
    Current Employee - Branch Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at E*TRADE Financial full-time (More than 5 years)

    Pros

    Great Culture. New CEO. Great Brand.

    Cons

    Cleaning up the bank side balance sheet



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