E*TRADE Financial Reviews | Glassdoor

E*TRADE Financial Reviews

Updated July 18, 2017
178 reviews

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4.0
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E*TRADE Financial CEO Karl A. Roessner
Karl A. Roessner
10 Ratings

178 Employee Reviews

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Pros
  • The work/life balance is the best I've experienced in my career (in 42 reviews)

  • This is a decent place to get the 7 and 63 (in 26 reviews)

Cons
  • Work/life balance is not desirable (in 18 reviews)

  • Inbound call center, so performance metrics are highly monitored (in 35 reviews)

More Pros and Cons

  1. "Advanced Trading Specialist"

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

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

    Pros

    Good benefits, casual dress

    Cons

    Needing better 401k match, has a VERY low 401k match

    Advice to Management

    Better 401k match


  2. "a fairly good place to get experience"

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

    I worked at E*TRADE Financial full-time

    Pros

    a fairly good place to get experience

    Cons

    sometimes will get some boring work

  3. "database engineer"

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

    I worked at E*TRADE Financial full-time (More than 5 years)

    Pros

    team is great, bonus, remote work, flexibility, great benefits

    Cons

    pay is not competitive, very top heavy so promotion is hard.

    Advice to Management

    promote those who are creative and eager to make a big difference. Guys who been there too long has less creativity, just there for the money due to tenure.


  4. Helpful (1)

    "Financial Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in New York, NY
    Current Employee - Financial Consultant in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Some of the best benefits in the industry

    Cons

    High Executive turnover so direction of the company is vague and ever changing

    Advice to Management

    Compensation is confusing to track and inaccurate... Sales should focus on Business development and not have to worry about receiving their accurate compensation.


  5. "Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at E*TRADE Financial full-time

    Pros

    Great company with lots of room to grow if you want to be successful. Awesome management and co workers

    Cons

    Come ready to work and learn. No cons, it's a job and if you like stocks then it's a good place to start definitely

    Advice to Management

    I have no advice for management. I thought the company did an amazing job and loved to work there on a daily basis


  6. Helpful (1)

    "Great company, god culture, good benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Large-Market Senior Service Manager in Alpharetta, GA
    Current Employee - Large-Market Senior Service Manager in Alpharetta, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Love the culture and people I get to work with. Company benefits package is above par - health insurance, paid parental leave for both parents, 75% match on 401k, etc.

    Cons

    Salary info is. It public but after a while you start to find out things here and there. Outside hires seem to get hired it with higher salaries than internal promotions for the same position.
    Also, not everyone gets the opportunity to receive or participate in equity programs.

    Advice to Management

    Every so often salaries should be balanced based on title, tenure, and performance. If your top performer is the lowest paid member of his or her team it incentivized that person to look elsewhere for work.


  7. "Relationship Manager"

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

    I worked at E*TRADE Financial full-time (More than 8 years)

    Pros

    Great Co-Workers and most People.

    Cons

    Management Is Much Too Over-Rated.

    Advice to Management

    Les VP & More Associates.

  8. Helpful (1)

    "IT management"

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

    I worked at E*TRADE Financial full-time

    Pros

    used to be an engineering focused company

    Cons

    lost its sense of mojo

    Advice to Management

    get rid of the consultants you brought in with fancy titles

    E*TRADE Financial Response

    Jun 13, 2017 – Talent Acquisition

    Thank you for your feedback. We value your input as we can continue to improve upon our practices to learn and grow within our company to create a positive experience for our employees.


  9. Helpful (2)

    "Relationship Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Alpharetta, GA
    Current Employee - Relationship Manager in Alpharetta, GA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    -Pay is above average. Unlike some of our competitors, firm doesn't play hardball or negotiate in bad faith with its talent.
    -Role provides flexible schedule and ability to work remotely.
    -Colleagues are both skilled and collaborative.

    Cons

    -Coming off a year of instability due to turnover in various roles.
    -Benefits are average at best.
    -Leadership could do a better job of communicating their vision.

    Advice to Management

    -Our long term clients are our lifeblood. Let's make sure we do right by them by providing stability, proficiency, and consistency.


  10. "Good overall experience"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at E*TRADE Financial full-time

    Pros

    Weekly activities, a good place to get trained for the securities industry.

    Cons

    Little room for creative thinking or changes in current process.


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