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E*TRADE from Morgan Stanley

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E*TRADE from Morgan Stanley reviews

3.4

44% would recommend to a friend

(527 total reviews)

Michael Pizzi

43% approve of CEO

38% positive business outlook

E*TRADE from Morgan Stanley has an employee rating of 3.4 out of 5 stars, based on 527 company reviews on Glassdoor which indicates that most employees have a good working experience there. The E*TRADE from Morgan Stanley employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

527 reviews
4.0
Sep 9, 2023
Recommend
CEO approval
Business Outlook

Pros

Works stays at work, salary, licensing support - meaning they pay for it, thats it...

Cons

Commute: Office is in an expensive area so hard to live near it. Expectations for you tonstudy in your off time are unreasonable. Most peo6hired are new to finance. You're learning a new job AND they want you to spend the litttime off you have "making progress" on your licensing. Micromanaged to the 'T'. Beginning 2023 the service role became a hard-core sales position with metrics displayed daily and punishment of t days in the office if you didn't hit the marks. MS is poaching all of the stock plan accounts and having clients pull them into their firm, at the detriment of maintaining the accounting and safeguards that are in place for these very specific account types. All the metrics that are pounded into our lives daily mean nothing. My expected conversion rate was 3%... I hit 22% and my bonus was non existent. Total demotivator! No reason to overextended yourself for these people. Very stressful environment. Neverending expectations and no rewards. 8.5 hrs work days with 2 * 15 minute breaks and 1* 30 minute lunch... LOTS OF SITTING and no time to really get to know you're colleagues. It's like being in prison... maybe worse cause you get no time outside... you have to choose, get fresh air, eat or use the bathroom- can't do them all Get your license and get out!

1.0
Jan 5, 2024

Etrade lied

Recommend
CEO approval
Business Outlook

Pros

Remote work from home . 10 hour days with 3 days off.

Cons

Not enough time to study for tests . I come from a finance background and the pace you are required to keep up is crazy. When you to to your job assignment you still do not know half of what is required of you . You are told to look it up in system but that’s not much help either. When I was hired was not told that my position would be a sales position . Everyday you have goals to reach , being the one that answers the calls to help solve problems or to just transfer you can not sale anything. Then you are told that if your goals aren’t met then your time off requests might not be approved due to performance . They also changed our vacation system where you have to bid on your time off and the person whom performs better will get those dates. It is not you ask and you get it. Now you have to return to office for 3 days and my office I’m assigned to is 3 hours away and I was told to commute, relocate , or resign no exceptions . Not so easy when your spouse also has a job and can’t commute or relocate .

2.0
Nov 22, 2023
Recommend
CEO approval
Business Outlook

Pros

Only if you work in Stock Plans

Cons

They do not care about the retail traders anymore. Instead of making changes, upper management are making everyone's job a living hell. Micro management to the power of 10000. They called me on my cell when I was on lunch and asked why I was not logged into work.

Viewing 4 - 6 of 527 Reviews

Glassdoor has 555 E*TRADE from Morgan Stanley reviews submitted anonymously by E*TRADE from Morgan Stanley employees. Read employee reviews and ratings on Glassdoor to decide if E*TRADE from Morgan Stanley is right for you.