There are newer employer reviews for Scottrade

great place to start

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

I worked at Scottrade as an intern

Pros

this is a great place to start as a first internship, because if you're willing to ask questions there is a lot to learn. The work environment is super chill if you have a bunch of chill coworkers. the work environment is completely dependent on your manager. it can be great or really terrible

Cons

once you get enough work experience here find a different internship, scottrade is a great first internship, but there is a lot more to learn out there if your truly interested about the market. that and the advancement here is slim to none.

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  1. Great team members....pay/benefits/work-from-home options were lackluster

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

    I worked at Scottrade as an intern

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    The team was focused on the task at hand, yet were very friendly and worked together to accomplish goals. Discounts around the St. Louis area (gyms, free Blues/Cards tickets, etc.)

    Cons

    Internship was a bit mundane and repetitive, sometimes had to plead management for work. Pay for full-timers was not even close to being competitive, even if the culture is decent. Lackluster benefits, time off, and work-from-home policies

    Advice to Management

    Offer more work-from-home/flexible work schedules and don't lowball on pay.

  2. Feels like a large family

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

    I worked at Scottrade full-time (more than 3 years)

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    401k matching
    Wellness benefits
    Health Insurance
    Technical support

    Cons

    Limited vacation days
    Limited advancement
    Days and long and boring--answering unsophisticated investors questions all day long
    Bonus plan is very low
    Overall pay was no where near orginal job estimates
    Quarterly performance reviews, much effort, little reward - much of bonus is based on Customer Statifaction for branches and branch is responsible for things that they have no control over.

    Advice to Management

    Add additional vacation days
    Allow for regional positions that would allow for more upward mobility
    Do annual and semi-annual performance reviews/bonus plan instead of quarterly
    Reward branches based on asset gathering, profitablity, etc.

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