In this work, we study the dynamics of Steffensen’s family of iterative root-finding methods for entire functions. This method is denoted by \(\Lambda _{\beta ,f}\) for an entire function f. We first show that, for any entire function f excluding constants and linear polynomials, the Julia set of \(\Lambda _{\beta ,f}\) is connected. It is also shown that Steffensen’s family of iterative root-finding methods does not satisfy the Scaling theorem for any polynomial. We prove that \(F(\Lambda _{\beta ,f})\) has an unbounded attracting domain for certain polynomials. It is shown that \(F(\Lambda _{\beta ,f})\) has infinitely many attracting domains for any periodic transcendental entire function f having at least one zero. Finally, we give a class of meromorphic functions having simply connected wandering domains.