There are newer employer reviews for E*TRADE Financial

2 people found this helpful  

Not for everyone, but great for certain types

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Senior Product Manager  in  Menlo Park, CA
Former Employee - Senior Product Manager in Menlo Park, CA

I worked at E*TRADE Financial

Pros

At E*TRADE, almost anyone can have the opportunity to take the lead on an initiative, whether initiated by others or their own. You can quickly go up a learning curve and develop new skills. It's fairly easy to get a cross-functional education and transition to work in different roles and departments. You have the opportunity to work on industry-leading creative, innovative products and services.

Cons

Most of E*TRADE works at an extremely fast pace and can be a very chaotic environment that often leads to unecessary mistakes. Smoe may not appreciate the effect of this on the user experience. This can also lead to inconsistent rewards and recognition for employees, and can be too agressive a culture for some.

Advice to ManagementAdvice

Pay closer attention to and reward more fairly the many talented individual contributors who build and maintain the exceptional products and service

Doesn't Recommend
Approves of CEO

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

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  1. 1 person found this helpful  

    Miserable Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Customer Service
    Former Employee - Customer Service

    I worked at E*TRADE Financial

    Pros

    Fast paced environment. Get to speak to people of different backgrounds and learn new things on a daily basis. Alllows you to keep up with the investment world and relay that information to investors. Opportunity to educate investors and prospects on self directed investing. You get to trade in your own accounts at the employee discount rate, which isn't bad. Hard to find many positives, cause there were very few for me. Colleagues are fun to work with and make it a little bit easier to get through the day. Trading systems were very good and easy to use for me.

    Cons

    Entirely too many calls on daily basis. 100 plus calls a day with the majority of them coming from somebody that has trouble with the English language and they are upset about something. Company and team leads and managers are too controlling. Something screws up on a daily basis. Whether it's the website or trading systems or anything else you can think of, there's a good chance it will be broken when you get to work or before you leave. The company is being ran in to the ground and they expect you to work "mandatory" "voluntary" overtime to help explain this to the customers.

    Advice to ManagementAdvice

    Sell the company or merge with TD or Schwab.

    Doesn't Recommend
    Disapproves of CEO
  2. 1 person found this helpful  

    Not a bad company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Stock Broker  in  Alpharetta, GA
    Current Employee - Stock Broker in Alpharetta, GA

    I have been working at E*TRADE Financial

    Pros

    Great flexibility with your schedule, several shifts are offered. The benifits this company offers are great, including 4 weeks of paid time off from day one which is much higher than the industry standard. The salary is not bad, but is is not enough to keep you from looking for another job.

    Cons

    the company is constantly being investigated for some sort of legal issue such as interpositioning in trades and things of that nature. Also they are starting to heavily rely upon call center reps based in the Philipines who don't know the first thing about the brokerage industry, or english for that matter.

    Advice to ManagementAdvice

    Hire domestic workers!

    Recommends
    Approves of CEO
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