There are newer employer reviews for E*TRADE Financial

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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  1. Operations analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Analyst in Alpharetta, GA
    Former Employee - Operations Analyst in Alpharetta, GA

    I worked at E*TRADE Financial full-time (more than a year)

    Pros

    National corp discounts, relaxed dress code, work from home, approves expense reports quickly, out of the office outings were great. Very flexible on taking vacations during the year.

    Cons

    Upper management does not listen, no advancement, long hours, HR dept is caught in between. Addressed internal issues to HR and they finally address them after 6 months...that's way too long! I was promised a review after 60 days and it didn't take place until I pushed it and by that time to was 6 months.

    Advice to ManagementAdvice

    Listen to your employees concerns...more people would stick around

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 3 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
There are newer employer reviews for E*TRADE Financial

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