E*TRADE Financial
2.9 of 5 264 reviews
www.etrade.com New York, NY 1000 to 5000 Employees

E*TRADE Financial Reviews

Updated Apr 17, 2014
All Employees Current Employees Only

2.9 264 reviews

                             

51% Approve of the CEO

(no image)

Paul T. Idzik

(45 ratings)

42% of employees recommend this company to a friend
264 Employee Reviews
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Review Highlights

Pros:
  • "Good work life balance and friendly atmosphere"
    in 14 reviews
  • "The Series 7 and 63 training is free and useful in other jobs"
    in 13 reviews
Cons:
  • "could improve in employee work life balance"
    in 7 reviews
  • "Aside from "licensed stockbroker" sounding important, just another customer service job in a call center"
    in 12 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Sr Software Engineer

Senior Software Engineer (Current Employee)
Menlo Park, CA (US)

I have been working at E*TRADE Financial full-time for more than 5 years

ProsLaid back environment. No real work pressure as long as you spend more than 8 hours in office.

Consuses Very old technologies. Mid level management which act as architect has mentality of 90s era. No place for growth and opportunity base on performance. Most of departments promotes base on no of years you work rather than how you perform.

Advice to Senior ManagementHire architects who has hands on experience in current technologies.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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  • Disapproves of CEO

 

Subpar people with subpar experience in a highly complex field

Senior Manager (Former Employee)
Menlo Park, CA (US)

I worked at E*TRADE Financial for more than 5 years

Proseasy to get promoted if you have any knowledge at all.

Consworking with below average performers

Advice to Senior Managementhire people who have actual industry knowledge

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • No Opinion of CEO

 

Financial Service Rep

Financial Services Representative (Former Employee)
Atlanta, GA (US)

I worked at E*TRADE Financial full-time for more than 3 years

ProsEverthing abou them is great

ConsNothing that I have noticed

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Invaluable experience below market pay

Business Analyst (Current Employee)

I have been working at E*TRADE Financial full-time for more than 5 years

ProsThere are many learning opportunities and you have the ability to obtain various securities licenses.

ConsAs an analyst, pay is below market rates.

Advice to Senior ManagementCompensate employees better to retain talent.

Yes, I would recommend this company to a friend

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  • Culture & Values
         
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  • No Opinion of CEO

 

Challenging and rewarding, even during stressful time

Back Office Manager (Former Employee)

I worked at E*TRADE Financial full-time for more than 5 years

ProsManagement, at the time, my teammates were the BEST, and support for employees was great.

ConsWent thru 4 mergers in less than 7 years. Having to lay off great people was emotional and then had to hire staff within 3 to 4 months. Very senior management was unapproachable and not receptive to suggestions from any level beneath them.

Advice to Senior ManagementLook at the cons and work on them in the future. Some associates, NOT ON YOUR LEVEL, have ideas that could work. Try being an UNDERCOVER BOSS and sit on the jobs that you are making decisions on WITHOUT truly knowing the process. You might learn a lot....

Yes, I would recommend this company to a friend

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Fun Experience

Anonymous Employee (Former Employee)
Manila, Manila (Philippines)

I worked at E*TRADE Financial full-time for more than 3 years

Prosfriendly working environment.
family oriented.
has a lot of community related activities.
curricular activities for employees

Consdon't value employee so much.
not a lot of incentives

Yes, I would recommend this company to a friend

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E*TRADE promotes a great team atmosphere!

Financial Services Representative (Current Employee)
Sandy, UT (US)

I have been working at E*TRADE Financial full-time for less than a year

ProsTeam atmosphere, OT opportunities, Growth potential, CEO is focused on Customer Service first.

ConsSome areas of the processing systems seem more difficult to our clients than it should be.

Advice to Senior ManagementContinue to promote growth in careers.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Experience

Anonymous Employee (Former Employee)

I worked at E*TRADE Financial

ProsI really don't have much good to say about how good this place is.

ConsStress, verbal abuse from customers, pretty much everything.

No, I would not recommend this company to a friend

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Lots of opportunity

Associate Financial Services Representative (Current Employee)
Rancho Cordova, CA (US)

I have been working at E*TRADE Financial full-time for more than a year

ProsRoom to move up and to other locations

ConsGreat for entry level candidates

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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Financial Services Rep

Financial Consultant (Current Employee)
Charlotte, NC (US)

I have been working at E*TRADE Financial full-time for more than a year

ProsGood suite of products and services for entry and mid level investors.

ConsBack office operations completes work on their own timeline with no communications. No coaching from management - only directives. Senior Leadership not approachable. No clear direction for the company.

Advice to Senior ManagementDevelop a strategic direction for the company, then develop a matching pay plan and coach your way to success.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at E*TRADE Financial reviews and ratings - including employee satisfaction and approval ratings for E*TRADE Financial CEO Paul T. Idzik. All 264 reviews are posted anonymously by E*TRADE Financial employees.