There are newer employer reviews for E*TRADE Financial

 

Stable company? No more

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

I have been working at E*TRADE Financial full-time (more than 8 years)

Pros

- Good work/life balance
- Friendly colleages

Cons

- Management generally lacks management skills, fail to inspire employees. Middle managers have not changed for 10 years so no opportunities for other to advance.
- Good people finally start leaving after recent massive layoff. Moral has been low for a long time.
- Too much processes

Advice to ManagementAdvice

Value human asset. Don't view them as disposable resources.

Doesn't Recommend
Neutral Outlook

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

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  1.  

    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
  2. 2 people found this helpful  

    Run from this place. The culture will eat your soul.

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

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

    Pros

    OK benefits, nothing special. Cafeteria in building. Nice location in midtown. Company sounds cool on a resume.

    Cons

    Never experienced such a hostile work environment in all of my career. Culture of every man for himself and zero accountability. Peter Principle in full effect here. Majority of employees find themselves in the middle of the "blame game", having to constantly defend themselves from verbally abusive coworkers. Some of these known repeat offenders are completely out of control. HR mentality seems to encourage this behavior. People with real skill and talent will never be rewarded at this company. Morale is low, heads are down, and people avoid eye contact. Stress is high, tension is thick, and good people jump ship at the first opportunity.

    Advice to ManagementAdvice

    Longevity does not equate to capability. The whole of the executive suite is a nightmare to deal with- from the laughably incompetent secretaries to the disconnected executives who clearly only care about their paychecks. This trickle down effect sets the tone for the rest of the office, and is unfortunately making the company a very unpleasant place to work.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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