There are newer employer reviews for E*TRADE Financial

3 people found this helpful  

Good place to start but don't stay long

  • Career Opportunities
Former Employee - Financial Services Representative in Alpharetta, GA (US)
Former Employee - Financial Services Representative in Alpharetta, GA (US)

I worked at E*TRADE Financial full-time (more than an year)

Pros

-Paid training for series 7/63 license
-Decent pay for a recent college grad
-Will learn a lot about the industry

Cons

This position is extremely micromanaged. They have a computer system that tracks everything you do, down to the second. If you clock in one minute late or stay on a call too long you'll hear about it immediately. The job became extremely stressful do to management constantly on your back about CE (leads). The morale here is very low do to the fact that the job gets very redundant. There is no opportunity for growth. Promotions are viewed as lateral movement so there is little pay increase.

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

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  1. 1 person found this helpful  

    If you have no other cohice

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

    I worked at E*TRADE Financial full-time (more than an year)

    Pros

    Paid training to get licensed
    Benefits are pretty good

    Cons

    Just a call center. Managers like to micro manage. No real room for growth just lateral movements. If you really want to move up here you would have to be in it for the long haul and spend five plus years to move up. The monotony of a call center can get to individuals and company doesn't

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    Just OK, could be a lot better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Alpharetta, GA (US)
    Former Employee - Anonymous Employee in Alpharetta, GA (US)

    I worked at E*TRADE Financial

    Pros

    Pay to receive your Series 7 & 63.
    Employees generally get along well with each other.
    Benefits are pretty good, especially vision.

    Cons

    Management makes constant changes without notifying the employees that actually do the job or use the systems.
    Growth potential is no longer as available as it used to be. Moves to other departments are all viewed as lateral so there is little pay increase. Promotions now only come when someone else leaves the company.
    Most managers can't be trusted and seem to have their own interests at heart always.
    Pay is low and employee morale is extremely low.

    Advice to ManagementAdvice

    Make a better effort to listen to employee suggestions and involve the people who actually use your systems in the decision making process for upgrades and improvements. Your employees make your company move. Find better ways to take care of them and make them feel appreciated because that is a main reason some of the brightest and best employees move on from this company so fast and morale remains so low. Contrary to belief, the customer is NOT always right and should have some sort of accountability for them as well. Many employees have been blamed for difficult customers who have no basis for their attitudes.

    No opinion of CEO
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