E*TRADE Financial Reviews | Glassdoor

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E*TRADE Financial Reviews

Updated January 17, 2018
712 reviews

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3.3
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
E*TRADE Financial CEO Karl A. Roessner
Karl A. Roessner
45 Ratings

712 Employee Reviews

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Pros
  • The work/life balance is the best I've experienced in my career (in 44 reviews)

  • Top notch training and support to obtain your Series 7 and 63 (in 27 reviews)

Cons
  • Work/life balance is not desirable (in 21 reviews)

  • Inbound call center, so performance metrics are highly monitored (in 37 reviews)

More Pros and Cons

  1. "Great company to be a part of!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at E*TRADE Financial full-time (More than a year)

    Pros

    benefits, company culture, mobility and growth, solid brand and employees

    Cons

    I cannot think of any to date.

    Advice to Management

    very exciting time to be here and looking forward to a profitable year and what is to come!


  2. "Model Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at E*TRADE Financial full-time

    Pros

    Professional attitude over the company, good salary

    Cons

    The work content is sometimes too simple comparing to big banks

  3. "Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Staff Software Engineer
    Current Employee - Senior Staff Software Engineer
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at E*TRADE Financial full-time (More than 5 years)

    Pros

    Good Bonus, Brand Value, Few good developers, Friendly team members

    Cons

    Poor Management
    Go Career growth
    Poor Communication between developers and development management
    Lack of innovation


  4. Helpful (3)

    "Place to Get a Foot Hold"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sandy, UT
    Current Employee - Anonymous Employee in Sandy, UT
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at E*TRADE Financial (More than 3 years)

    Pros

    Gain experience within financial industry. Good benefits and acceptable compensation.

    Cons

    Management and middle management is rife with self centered and selfish individuals with poor leadership skills. Many managers are secretive and keep knowledge of systems and processes to themselves and within the circle of the club. They are more willing to berate and verbally abuse coworkers than to properly educate, train and work together as a team.
    Culture is more like that of a fraternity than a company.

    Advice to Management

    Take a look amongst yourselves for poor performance and when the epiphany occurs proceed by leading through example.


  5. "Great way to enter the Financial Industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Analyst in Sandy, UT
    Current Employee - Operations Analyst in Sandy, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at E*TRADE Financial full-time (Less than a year)

    Pros

    People are great, work is interesting, and management listens to you. This company is small enough to be mobile and so people really want to hear new ideas. Compensation is very good for an entry level position, and the experience is very valuable.

    Cons

    Sometimes can get too wrapped up in the day to day and forget the big picture.

    Advice to Management

    Focus a little less on numbers and try to get a more balanced view of your employees


  6. Helpful (3)

    "Revise your VPs structure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Accounting Consultant in Arlington, VA
    Current Employee - Senior Accounting Consultant in Arlington, VA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at E*TRADE Financial full-time (Less than a year)

    Pros

    Friendly and hard working People

    Cons

    Unqualified management
    no work life balance
    Lack of respect to others

    Advice to Management

    A true example of a company that does not consider people as assets. The CEO and the Board should take a closer look at the qualifications of the appointed VPs in FP&A and Accounting department. Specifically the VPs that have a high turnover within their organization. This should be a strong indicator for you to know those who are unqualified for the position. I am honestly not optimistic about the future of Etrade since a good company starts with a good leadership team (not the case here). VPs expect everyone to be a machine. Basically you get hired to do 2 or 3 people’s jobs. You also witness people being verbally abused and even though these instances get reported to upper management, there was never any corrective action that has been taken against those abusers.
    In short, I do not recommend this company.


  7. "Corporate Real Estate - Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at E*TRADE Financial full-time (Less than a year)

    Pros

    Free coffee, tea, cocoa. Close to Metro, movie theatre, ice rink and 24-hr Harris Teeter.

    Cons

    Most of the employees are cliquish, rude, entitled and slobs in the kitchens. Management treats contractors horribly, long hours, lack of respect and poor management. There are only a few good ones, who are outnumbered in a toxic culture.

    Advice to Management

    To the top crust - Pay attention to the behavior of your management team and the employees. You have a toxic environment. Wake up because it matters if you want to be a great company.

  8. "Ok for now"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Leader
    Current Employee - Team Leader
    Recommends
    No opinion of CEO

    I have been working at E*TRADE Financial full-time (More than 5 years)

    Pros

    Overtime is available for most of the year

    Cons

    Micromanaging because it’s a call center


  9. "Financial Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at E*TRADE Financial full-time

    Pros

    Benefits were some of the best I've had.

    Cons

    Underpaid, and management wasn't concerned about developing their employees.


  10. "Nice Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in New York, NY
    Former Employee - Software Engineer in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at E*TRADE Financial full-time (More than 3 years)

    Pros

    Good People
    Nice Env
    Snacks
    Culture & Values
    Rate CEO Job Performance, Karl A. Roessner
    Approve

    Cons

    Salary
    Work Environment
    Career Opportunities
    Compensations & Benefits
    Work/Life Balance


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