E*TRADE Financial - Good Culture, executive team made work life hard | Glassdoor
There are newer employer reviews for E*TRADE Financial
There are newer employer reviews for E*TRADE Financial

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"Good Culture, executive team made work life hard"

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

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

Pros

Hard working, proud employees. Underdog mentality led to trying to achieve a greater good for the company. Benefits were competitive.

Cons

Executive team turnover. Bad balance sheet management effected everybody. Young sales organization did not have the resources or training to effectively manage sales force.

Other Employee Reviews for E*TRADE Financial

  1. Helpful (7)

    "Run from this place. The culture will eat your soul."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    OK benefits, nothing special. Cafeteria in building. Nice location in midtown. Company sounds cool on a resume.

    Cons

    Never experienced such a hostile work environment in all of my career. Culture of every man for himself and zero accountability. Peter Principle in full effect here. Majority of employees find themselves in the middle of the "blame game", having to constantly defend themselves from verbally abusive coworkers. Some of these known repeat offenders are completely out of control. HR mentality seems to encourage this behavior. People with real skill and talent will never be rewarded at this company. Morale is low, heads are down, and people avoid eye contact. Stress is high, tension is thick, and good people jump ship at the first opportunity.

    Advice to Management

    Longevity does not equate to capability. The whole of the executive suite is a nightmare to deal with- from the laughably incompetent secretaries to the disconnected executives who clearly only care about their paychecks. This trickle down effect sets the tone for the rest of the office, and is unfortunately making the company a very unpleasant place to work.


  2. Helpful (3)

    "Lots of changes"

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

    I have been working at E*TRADE Financial full-time (More than 10 years)

    Pros

    Good pay and benefits, work and life balance is fantastic.

    Cons

    No loyalty to employees, they will use and lose you. Company politics drive or stifle programs depending on who your buddies are.

    Advice to Management

    You must communicate to your teams, make them feel valued.

There are newer employer reviews for E*TRADE Financial
There are newer employer reviews for E*TRADE Financial

See Most Recent

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