E*TRADE Financial - Great place to learn about the financial services/brokerage business | Glassdoor
There are newer employer reviews for E*TRADE Financial
There are newer employer reviews for E*TRADE Financial

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Helpful (2)

"Great place to learn about the financial services/brokerage business"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Services Representative in Alpharetta, GA
Current Employee - Financial Services Representative in Alpharetta, GA
Doesn't Recommend
Positive Outlook
No opinion of CEO

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

Pros

Pay you to get your Series 7 and Series 63 license, benefits are very good, starting pay is decent. Learn a good deal about the financial world in a short amount of time, very applicable if you move to another financial job. All my managers but one were great people to work with, and always there to help. You get a 10% pay increase for working any hours past 5 pm, and any time on the weekends. Business casual dress.

Cons

You are monitored on everything you do, from taking exactly a 15 min break, to "unscheduled" bathroom breaks. You phone and computer are tied together and you must "code" you phone to what you are doing, so they now what you are doing all the time. Job can get very monotonous and repetitive. Can be easy to get burnt out. E*trade is open 24/7, so you if you get stuck on the night shift, it can be a while before you get back to regular hours. You have to try to get "leads" for the company (7-10 a week) and you don't get any additional pay for going the extra mile and getting them.

Advice to Management

Ease up on the 24/7 monitoring, would be nice to get a little compensation for leads.

Other Employee Reviews for E*TRADE Financial

  1. Helpful (4)

    "Mean, Rude, Arrogant and Obnoxious Culture"

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

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

    Pros

    Salary and benefits aren't bad. The staff is great! The company seems to be getting its act together from a profitability point of view.

    Cons

    Most managers from director on up to senior management are some of the meanest people I have worked with anywhere. Extreme micro-management combined with arrogant, unappreciative managers has lead to low morale and some turnover. In spite of decent salaries, the raises are quite terrible. Senior management does not seem to have any vision for the future which makes for further complacency.

    Advice to Management

    It's quite clear that management has given up. There is no vision and no innovation. Instead of pretending that the company has a future, just admit that the company is just doing enough to sell.


  2. Helpful (2)

    "It was a circus."

    Star Star Star Star Star
    • 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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at E*TRADE Financial full-time (Less than a year)

    Pros

    Good people with good intentions and resilience in the face of futility.

    Cons

    Disorganized, backward project development process and poorly managed.

    Advice to Management

    Support your personnel, don't bully them.

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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