E*TRADE Financial

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

 

Fun, dynamic company to work for, but not an easy place to be due to turmoil and uncertainty.

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

I worked at E*TRADE Financial

Pros

Fun culture, dynamic business. Lots of opportunities to learn about various retail financial services.

Cons

Balance sheet is a wreck due to the HELOC assets. It will be awhile before it is put back together, and when it is, my opinion is that it will be sold to a competitor.

Advice to ManagementAdvice

Clean up the balance sheet. It will be tough to attract and retain talented people otherwise. Those that remain will do so because they are unemployable elsewhere or scared of the current economy. Not the people you need to turn the company around.

Recommends
No opinion of CEO

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

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  1.  

    Will not feel like you work in a smooth running environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Services Representative in Jersey City, NJ
    Current Employee - Financial Services Representative in Jersey City, NJ

    I have been working at E*TRADE Financial

    Pros

    Camaraderie. Some good opportunities for advancement. Closure of several offices means more work for associates who remain, good if you don't mind working OT, not so good if you're susceptible to burnout.

    Cons

    Will sometimes hire from outside rather than promote from within. Some in management are clueless. Used to be a good place to get a start in finance but now they're only hiring experienced and licensed brokers. Always get the feeling that you're expendable and not appreciated.

    Advice to ManagementAdvice

    Understand that front line associates are integral to your business. Should maybe start recognizing that fact.

    No opinion of CEO
  2.  

    Great place to get experience but not a place for a long term career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Manager in Jersey City, NJ
    Former Employee - Senior Manager in Jersey City, NJ

    I worked at E*TRADE Financial

    Pros

    Creative compnay and a great place to get in on the ground floor to get industry experience. ETRADE offers excellent opportunities for people to get their foot in the door of the financial services industry. You will even get the opportunity to move around to different areas.

    Cons

    This is a fast moving company and there is allot of turnover, reorganization, and offshoring. Couple this with the history of unstable financial stability and you will rarely if ever feel job security.

    Advice to ManagementAdvice

    Keep doing what you're doing. Strip it down and get it ready for sale. But in the meantime make sure you are not making empty promises or misleading employees.

    Approves of CEO
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