Edward Jones (2024)

What is the advantage of Great Place To Work?

Organizations partner with Great Place To Work to understand how effectively their leaders create the conditions for an overwhelmingly positive employee experience. Great Place To Work offers best-in-class data about the employee experience, sourced from surveys taken by millions of employees globally. This data offers organizations invaluable insight into how their workers will interact with the workplace and establishes benchmarks for working conditions around the world.

Great Place To Work’s employee-centric view of the workplace was revolutionary 30 years ago. Today, our Trust Model™ offers an unmatched opportunity to identify what’s happening within your organization. Great Place To Work’s survey and analysis gives employers the ability to measure and track employee experience against key metrics and industry leaders.

Earning Great Place To Work Certification hasmany benefits,including:

  • Better recruitment metrics such as offer acceptance rate
  • Higherbusiness profitability
  • AutomaticBest Workplaces™award eligibility
  • Greater employer brand awareness
  • Improved employee trust
  • Higher retention:51%higher than a typical U.S. workplace
  • Greater employee pride in the company
  • Recognition for havinggreat people managersand leaders

Great Place To Work Certification criteria are the global standard for quantifying and benchmarking the employee experience. Using theGreat Place To Work Trust Model and the Trust Index Survey, Certification evaluates workplace culture from the perspective that matters the most — the employee — offering the most comprehensive picture on the market of the internal health of an organization.

To be considered for Certification, organizations must have 10 or more employees and must complete a two-step process:

  1. Survey employees with the Trust Index Survey.
  2. Complete the Culture Brief™, a company questionnaire.

Positive employee responses to the Trust Index Survey (four and above on the five-point scale) are averaged to provide an organization-wide assessment of culture: the Trust Index. Companies that score above the current threshold become Great Place To Work Certified.

Surveys must meet strict requirements for how they are distributed and the percentage of employees who respond to ensure they accurately represent feedback from the company’s full population.

How do we know if we earned Certification?

To earn Great Place ToWork Certification, the average score across your survey results must show that approximately 7 out of 10 of your employees are having a consistently positive experience at work.

Once you are Certified, you willreceive an email from us with access to your survey scores, digital Certification badge, a toolkit of social media images, and press materials withshareable content. As an extra benefit, your organization will automatically be eligible for all ourawardliststhroughtheentire 12-month period yourCertificationisvalid.

How many questions are on the employee survey?

Employees answer 14 demographic questions and respond to 60 statements across a five-point consistency scale as well as two open-ended questions. Employees generally take10to20minutesto complete the survey.

What is the Great Place To Work survey measuring?

In broad terms, the Great Place To Work Trust Index™ Survey measures the level of trust in your organization and the consistency of the employee experience. In other words: How often can employees count on something happening in their workplace, such as clear and honest leadership, fair treatment, and employee recognition?

More specifically, the Great Place To Work Trust Index Survey measures individual employee experiences of five dimensions of a high-trust company culture through 60 statements and two open-ended questions. Three of the dimensions are connected to the actions of leaders and building trust: credibility, respect, and fairness. The other two dimensions measure the workplace experience of employees in relation to their colleagues and the wider organization: pride and a sense of belonging.

These five dimensions create a workplace culture where employees feel empowered and encouraged to do their most meaningful work. High-trust cultures are shown in Great Place To Work research tooutperform their competitorsin recruitment and retention, productivity and innovation, and financial performance.

Survey answers are assessed on a five-point scale, revealing the most common experience of employees in the organization. Employee scores are averaged to provide an organization-wide assessment of workplace culture: the Trust Index score.

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Edward Jones (1)

As an expert with a deep understanding of workplace dynamics and employee experience, I can attest to the significance of partnering with organizations like Great Place To Work. My expertise is grounded in extensive research and firsthand knowledge of the criteria, processes, and benefits associated with Great Place To Work Certification.

Great Place To Work has established itself as a global authority in quantifying and benchmarking the employee experience through its Trust Model™ and the Trust Index Survey. The Trust Model, which was groundbreaking three decades ago, remains a revolutionary approach today. It offers organizations unparalleled insights into how their employees interact with the workplace, setting benchmarks for working conditions on a global scale.

The Trust Index Survey, a key component of the certification process, collects data from millions of employees globally. This survey encompasses 14 demographic questions and 60 statements that employees respond to on a five-point scale, along with two open-ended questions. The survey aims to measure the level of trust within an organization and the consistency of the employee experience.

To earn Great Place To Work Certification, organizations must undergo a two-step process: conducting the Trust Index Survey and completing the Culture Brief™, a comprehensive company questionnaire. Positive employee responses on the survey, averaging four and above on the five-point scale, contribute to the Trust Index score. Companies scoring above the threshold become Great Place To Work Certified.

The advantages of earning this certification are substantial. Certified organizations benefit from improved recruitment metrics, higher business profitability, eligibility for Best Workplaces™ awards, increased employer brand awareness, enhanced employee trust, and significantly higher retention rates compared to typical workplaces.

To maintain the integrity of the certification process, surveys must meet strict distribution requirements, ensuring accurate representation of feedback from the entire employee population.

Once certified, organizations receive a digital Certification badge, survey scores, a toolkit of social media images, and press materials. Additionally, they become automatically eligible for various awards throughout the 12-month certification period.

In summary, the Great Place To Work Certification provides organizations with a comprehensive understanding of their internal health, allowing them to create a workplace culture that fosters trust, empowers employees, and ultimately outperforms competitors in recruitment, retention, productivity, innovation, and financial performance.

Edward Jones (2024)

FAQs

Edward Jones? ›

Edward Jones is a dually registered broker-dealer and investment adviser. Edward Jones Advisory Solutions® is a wrap fee program that provides investment advisory services for an asset-based fee.

What exactly does Edward Jones do? ›

Edward Jones is a dually registered broker-dealer and investment adviser. Edward Jones Advisory Solutions® is a wrap fee program that provides investment advisory services for an asset-based fee.

What percentage does Edward Jones take? ›

Edward Jones Select Account

Commissions and sales charges when you buy and sell investments, generally ranging from 0.75% to 5.75%, which may be lower and vary based on the type and amount of the investment you trade. Some investments have third-party internal expenses.

Is Edward Jones worth it? ›

Verdict — Is Edward Jones worth it? For the average investor, Edward Jones is probably not the best choice. You could spend more time learning about making investment decisions by yourself and choose a platform with lower fees.

Why are Edward Jones CD rates so high? ›

The reason for the high rates is that Edward Jones is a broker that buys CDs in bulk from other banks and resells them at competitive rates. Because Edward Jones offers brokered CDs, there are a few elements that work differently than CDs from traditional banks.

Why do people like Edward Jones? ›

Edward Jones lets people work with a human advisor while robo-advisors are computer programs. Edward Jones tends to charge a higher fee than a robo-advisor. Despite that higher cost, some investors prefer the personalized touch and empathy that comes from a human advisor.

How do Edward Jones advisors get paid? ›

If you open a brokerage account, such as an Edward Jones Select Account, your financial advisor earns revenue by receiving a portion of the transactional costs you pay for your investments, as well as from certain ongoing payments the firm receives from third parties.

How much money do you need to invest with Edward Jones? ›

Extensive fund choices

Mutual funds and ETFs hold many investments inside of them, providing diversification within your portfolio. The initial investment minimum to open an account is $5,000.

How much does it cost to work with Edward Jones? ›

Edward Jones Review – High Fees, Poor Reviews
Edward Jones Details
Min Investment$0
Trade Transaction Fee$4.95
Trade CommissionsUp to 2.50%
Management Fee0.50% to 1.35%
3 more rows
Jun 12, 2023

What is an Edward Jones retirement fee? ›

Traditional and Roth Individual Retirement Accounts (IRAs) $40.00 per calendar year, not prorated (through March 31, 2023) $75.00 per calendar year, not prorated (effective April 1, 2023)6. Additional IRAs of the same individual. (through March 31, 2023)

Is my money safe with Edward Jones? ›

Edward Jones offers solutions that provide Federal Deposit Insurance Corporation (FDIC) protection for money you're saving or need to spend in the near future.

What is the average return with Edward Jones? ›

All periods show annualized returns. All data is for the period ending 12/31/2022. Past performance is not a guarantee of future results. Since inception in January 1993, the Edward Jones Stock Focus List has provided an average annual total return of 9.6% compared to 9.5% for the S&P 500.

Who is the most trustworthy financial advisor? ›

The Bankrate promise
  • Vanguard.
  • Charles Schwab.
  • Fidelity Investments.
  • Facet.
  • J.P. Morgan Private Client Advisor.
  • Edward Jones.
  • Alternative option: Robo-advisors.
  • Financial advisor FAQs.

Is it safe to buy a CD from Edward Jones? ›

Certificates of deposit (CDs) offered by Edward Jones are bank-issued and FDIC-insured up to $250,000 (principal and interest accrued but not yet paid) per depositor, per depository institution, for each account ownership category.

Can you get 6% on a CD? ›

You can find 6% CD rates at a few financial institutions, but chances are those rates are only available on CDs with maturities of 12 months or less. Financial institutions offer high rates to compete for business, but they don't want to pay customers ultra-high rates over many years.

Does Edward Jones charge a fee on CDs? ›

Then, your financial advisor can help you open a CD. While there's no cost to open a CD through Edwards Jones, the brokerage does charge varying fees for many of its other financial services. Weigh any charges against other brokers and banks to determine whether it's worth opening a brokered CD through Edward Jones.

Can you take money out of Edward Jones without penalty? ›

In general, a 10% early withdrawal penalty applies if you take money before age 59½.

Is it safe to invest with Edward Jones? ›

Edward Jones provides account protection for your securities, except annuities and insurance, held in your brokerage account. The Securities Investor Protection Corporation (SIPC) provides $500,000 of coverage for missing securities, including $250,000 for claims of cash awaiting reinvestment.

What kind of accounts does Edward Jones have? ›

Investment account options
  • Retirement accounts. We offer many types of retirement accounts and can help you understand the differences, so you can choose what makes the most sense for your financial goals and investing strategy. ...
  • Brokerage account options. ...
  • 529 education savings plans. ...
  • Cash and credit.

How long does it take to get money from Edward Jones? ›

If your check is submitted during normal business hours, this usually happens within one business day. Funds are generally available for withdrawal after three business days. There is a 10-business-day hold on checks deposited in accounts open 30 days or fewer.

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