There are newer employer reviews for E*TRADE Financial

5 people found this helpful  

Get a start here, but don't get too comfortable.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Senior Financial Services Representative  in  Alpharette, GA (US)
Former Employee - Senior Financial Services Representative in Alpharette, GA (US)

I worked at E*TRADE Financial full-time

Pros

Good place for a young person starting out in the securities industry to get licensed and learn a few things. They pay for your licensing. You don't really have to take your work home with you.

Cons

Low pay. It's a call center. Low employee morale. Every second of your day is micromanaged. Rude customers. Promotions are actually just lateral moves to other departments doing the same thing. Company touts promoting from within but sought after positions are filled outside.

Advice to ManagementAdvice

De-emphasize the "CE" requirement. Many excellent reps do not receive the recognition they should because they choose to not abuse the referral system like other reps. Being able to "put on over" on management with inflated referral leads shouldn't be rewarded. Top referral performers are the least likely to allow others to observe their habits for a reason.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

299 Other Employee Reviews for E*TRADE Financial (View Most Recent)

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  1.  

    Everyone is an island, little opportunity to grow

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

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

    Pros

    They hand out titles like lollipops and E*TRADE looks good on a resume.

    Cons

    They hook you in the position with a higher than normal salary and promises of bonsuses, raises and promotions. Opinion throughout the company is that these are never delivered on. Good jobs go to outside hires. Very poorly managed from senior managers on up. Extreme micro management. Policies within the company don't communicate to each other.

    Advice to ManagementAdvice

    Back off. Let your employees do what they were hired for without constant check ins.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    You need the right personality to work here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Arlington, VA (US)
    Former Employee - Anonymous Employee in Arlington, VA (US)

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

    Pros

    Good staff and middle managers. Salary and benefits could be better, but not bad overall. Interesting industry. Good place to start a career.

    Cons

    Way too much micro-managing. Very secretive and very political atmosphere. Morale rather low. Senior management has an every person for themselves attitude. Very difficult to move around to other areas of the company.

    Advice to ManagementAdvice

    Provide more opportunities to move to other areas of the company.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for E*TRADE Financial

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