Low pay and poor leadership - Software Engineer Edward Jones Employee Review

1.0
Nov 3, 2023
Recommend
CEO approval
Business Outlook

Pros

I work with a lot of cool people. They generally do a good job of hiring nice people.

Cons

The pay and benefits are lower than industry average and annual increases are well below inflation. During the last Town Hall, we had an HR representative say that most salaries were indexed to lower cost markets, like Arkansas. Therefore salaries were increased below the current inflation rate. However, it seems like the Partners do very well. Look at the parking lot to observe the pay disparities. Associates tend to drive 5-10 year old beaters while Partners drive new BMWs and Range Rovers. Also, Penny is a weak leader. From what I've seen and heard, she couldn't make a decision to save her life. I am not inspired when I see her speak. Lastly, the work is awful. I'm working on a project that I know will be cancelled next year because it is adding no value to anyone's life, except the Partner who wanted it in the first place.

Explore other reviews about Edward Jones

5.0
Jun 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Great starting pay, good training

Cons

I did not find any cons

2.0
Jun 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Holds firm to its conservative investment philosophy.

Cons

The firm has been behind the times for decades. It is great that they are finally trying to get up to speed, but the rate of change is not manageable. There has been a high turnover in support staff and it's hard to get accurate information when needing support. It also seems like they have lost their original focus of being the local friendly financial advisor in your backyard and being accessible to the masses. The focus has shifted to high-net-worth individuals and catering to the wealthy. I've watched several advisors get pushed out because they expressed concern and needed support they weren't receiving. When hired as an advisor I was told I'd receive all of this wonderful training of what to say and how to overcome objections and did not receive any of that training. Most of the training is a high-level overview with homework of figuring it out on your own time. In order to be successful as an advisor at Edward Jones, you need to plan on working 80 hours a week for at least the first five years at the firm with little to no support.

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