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E*TRADE Financial
2.9 of 5 177 reviews
www.etrade.com New York, NY 1000 to 5000 Employees
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E*TRADE Financial Reviews

Updated May 15, 2013
All Employees Current Employees Only

2.9 177 reviews

                             

38% Approve of the CEO

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Paul T. Idzik

(8 ratings)

42% of employees recommend this company to a friend
177 employee reviews
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Atlanta, GA (US)

Current Employee – been working at E*TRADE Financial full-time for more than 3 years

ProsGood work /life balance, decent salaries and bonus, good team and nice place to work.
Latest technologies to learn and grow.

Conssometimes requires 24/7 support.
no more work from home allowed.

Advice to Senior ManagementPlease improve perfomance review system.

Yes, I would recommend this company to a friend

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Jersey City, NJ (US)

Former Employee – worked at E*TRADE Financial full-time for more than 3 years

ProsThere are some advancement opportunities. The pay is competitive but will likely be on the lower than average range.

ConsIf you're stuck in the wrong position (customer service), you will hate life. If that's you, apply to any/all openings you qualify for and hope that some hiring manager saves you. Otherwise, it'll wreck your psyche.

Advice to Senior ManagementEase up on the csr. The job is hell and you're not exactly paying a premium to attract the best talent.

Yes, I would recommend this company to a friend

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  • Work/Life Balance
         
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  • Disapproves of CEO

 

New York, NY (US)

Current Employee – been working at E*TRADE Financial full-time for more than 3 years

ProsGreat people to work with

ConsManagement has everyone a bit confused.

Advice to Senior ManagementPeople really do want to exceed here. You need to let them.

No, I would not recommend this company to a friend

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Current Employee – been working at E*TRADE Financial full-time for more than 7 years

ProsGoood balance of work and personal life.

ConsVery bad compensation. 20% below market average.

No, I would not recommend this company to a friend

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Arlington, VA (US)

Former Employee – worked at E*TRADE Financial for more than a year

ProsSalary is competitive, good benefits package

ConsWith the new CEO, the company is in a huge state of flux. Multiple top level executives were given their walking papers and serious reorg is in the works. They are still digging themselves out of a huge sinkhole due to the loan crisis and are expected to cut 100 million dollars in expenses this year.

Advice to Senior ManagementGET IT TOGETHER or SELL

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

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Alpharetta, GA (US)

Current Employee – been working at E*TRADE Financial full-time for more than 10 years

Prosrewards top producing employees, lots of time off for employees been there for 5+ years

Conslimited growth potential for someone with an MBA who is not willing to move

Yes, I would recommend this company to a friend

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Jersey City, NJ (US)

Former Employee – worked at E*TRADE Financial full-time for more than 3 years

ProsVery flexible and don't expect much
Willing to train and educate

ConsNo upward mobility
Very top heavy

Advice to Senior ManagementIf you paid a bit more you'd attract better talent

Yes, I would recommend this company to a friend

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1 person found this helpful  

Alpharetta, GA (US)

Current Employee – been working at E*TRADE Financial full-time for more than a year

ProsEtrade will train you to get your Series 7 brokers license. If you are not opposed to moving around there is some ooportunity for advancement. The company is small and earning potential is limited. It is good company to get some experience and go somewhere else to use it.

ConsNo real up earning potential because of company size and corporate structure. Company is top heavy with management and is not taken seriously by serious investors. You always get the feeling the company is about to sold or is on the market for a buyer.

Advice to Senior ManagementMake up you mind what you want to be, either an investment firm providing solid investment advice or a cheap gimmicky discount broker.

– I'm not optimistic about the outlook for this company

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  • Work/Life Balance
         
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  • No Opinion of CEO

 

Former Employee – worked at E*TRADE Financial full-time

Proscan't find any pros here

ConsAdvancement only is you know someone

Advice to Senior ManagementMid management is clueless

No, I would not recommend this company to a friend

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Charlotte, NC (US)

Current Employee – been working at E*TRADE Financial full-time for more than 7 years

ProsGreat Culture. New CEO. Great Brand.

ConsCleaning up the bank side balance sheet

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

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