There are newer employer reviews for E*TRADE Financial

 

Not an Encouraging Place to Work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

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

Pros

Flexibility concerning Telecommuting, the Location was ideal, and the Work/Life Balance was pleasant.

Cons

Compensation Package (low pay compared to competition and/or industry standards) Management (as they were horrible to work with, complete condescending people), In addition they micro-managed and the funny part is that the employees knew more than what they knew. High-Turnover, and outsourcing.

Advice to ManagementAdvice

When depleting the work force in order to save a buck. Try trimming off the people fielded in the managerial positions because in my opinion and based on experience, the lower level employees actually get the work done, while management takes the credit. I guess that's the culture of working in a corporate environment.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

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  1.  

    Financial Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Consultant in Alpharetta, GA
    Current Employee - Financial Consultant in Alpharetta, GA

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

    Pros

    Positive team environment and colleagues are great!

    Cons

    Volatile work environment (job and compensation policy changes are slow) environment is a bit stressful (with call volume), and not necessarily family friendly work environment.

    Advice to ManagementAdvice

    E*TRADE Management is in survival mode, its important for them to appreciate the impact that production brings to the bottom line and encourage this growth. Something the last regime and this regime struggle with in its vision or game plan moving forward.

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

    It's just another high-turnover call center.

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

    I worked at E*TRADE Financial full-time (less than an year)

    Pros

    The Series 7 and 63 training is free and useful in other jobs.
    You can make good friends and connections in the Incubator Class.
    The health benefits are good.

    Cons

    You will be on the phone for 8 hours a day.
    Customers are often rude, impatient, and unreasonable.
    Promotions are a joke, you will still be on the phone all day no matter the department.
    Few applicable skills outside of sales/customer service industry.

    Advice to ManagementAdvice

    Keep hiring more people to keep the queues low, this is better for the employees and customers alike.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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