E*TRADE Financial

  www.etrade.com
  www.etrade.com
There are newer employer reviews for E*TRADE Financial

 

Just OK, could be a lot better

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

I worked at E*TRADE Financial

Pros

Pay to receive your Series 7 & 63.
Employees generally get along well with each other.
Benefits are pretty good, especially vision.

Cons

Management makes constant changes without notifying the employees that actually do the job or use the systems.
Growth potential is no longer as available as it used to be. Moves to other departments are all viewed as lateral so there is little pay increase. Promotions now only come when someone else leaves the company.
Most managers can't be trusted and seem to have their own interests at heart always.
Pay is low and employee morale is extremely low.

Advice to ManagementAdvice

Make a better effort to listen to employee suggestions and involve the people who actually use your systems in the decision making process for upgrades and improvements. Your employees make your company move. Find better ways to take care of them and make them feel appreciated because that is a main reason some of the brightest and best employees move on from this company so fast and morale remains so low. Contrary to belief, the customer is NOT always right and should have some sort of accountability for them as well. Many employees have been blamed for difficult customers who have no basis for their attitudes.

No opinion of CEO

324 Other Employee Reviews for E*TRADE Financial (View Most Recent)

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  1.  

    Great opportunities for advancement, but liquidity issue hamper new strategic initiatives.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Business Analyst in Arlington, VA
    Current Employee - Senior Business Analyst in Arlington, VA

    I have been working at E*TRADE Financial

    Pros

    Great opportunities to take on additional responsibilities and learn new functional areas. Prior to 2007 the firm was in many interesting markets outside of the US which provided dynamic roles in IT, Operations and Marketing.

    Cons

    Work life balance is difficult, and employees are often unrewarded for working 60 - 80 hour work weeks when there are challenging situations. Several departments have significantly lower workload than some key areas.

    No opinion of CEO
  2. 2 people found this helpful  

    Long hours and poor support

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Sandy, UT
    Current Employee - Anonymous Employee in Sandy, UT

    I have been working at E*TRADE Financial

    Pros

    The people I worked with directly were great and care about the company.
    Communication is getting better.

    Cons

    Good old boys club
    Short sighted, need better balance between quarterly profits and long-term goals
    Poor management of employee satisfaction

    Advice to ManagementAdvice

    Don't just survey employees on satisfaction, hold management accountable for retention and satisfaction goals.

    Doesn't Recommend
    Approves of CEO
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