Charles Schwab
3.1 of 5 802 reviews
www.schwab.com San Francisco, CA 5000+ Employees

Charles Schwab Reviews in Arizona

Updated Feb 18, 2014
All Employees Current Employees Only

3.0 112 reviews

                             

52% Approve of the CEO

Charles Schwab President and Chief Executive Officer Walt Bettinger II

Walt Bettinger II

(60 ratings)

46% of employees recommend this company to a friend
12 Employee Reviews Back to all reviews
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    Great place to work and spend a lifetime career at!

    Anonymous Employee (Former Employee)
    Phoenix, AZ

    ProsWonderful corporate culture, flexible paid time off, mgmt was interested in employee development and advancement.

    ConsNONE! This is only a former employee because my husband and I moved to a place where Schwab wasn't. :(

    Advice to Senior ManagementKeep up the good work. Open door policies with an emphasis on employee development is what made me love this place.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    CS&S

    Broker (Current Employee)
    Phoenix, AZ

    Prosgreat place, world class training, great management, great upper level management, positive workplace

    Consnone, it is a great place, especially if new to the business

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    How AWESOME is this Company!!!!!

    Cost Basis Ops (Current Employee)
    Phoenix, AZ

    ProsPork, lovers smorgasbord, who needs beef when your managers buy you breakfast and lunch which consist of Hawaiian, sausage and mushroom pizza’s, Ham subs… breakfast burritos with bacon and eggs or eggs with sausage or ham.

    ConsNone Schwab feeds you 3 days straight!

    Advice to Senior Managementkeep feeding us!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    By far the best employer that I've ever worked for.

    IT Employee (Current Employee)
    Phoenix, AZ

    ProsSchwab is very particular about the worker that they hire. They will not only test your skills, but your personality and fit for culture as well. Benefits are generous, although there is very little if any tuition reimbursement. VERY good work and life balance. Ample opportunity for advancement. Senior leaders are very smart, tuned in, and actually care. All of them answer e-mail. Will your CEO answer an e-mail with a well thought-out answer that you send him? Walt will.

    ConsPay can be slightly below market in some areas. Company re-organizes frequently which can be confusing. You must be able to prioritize and juggle many projects at once. Lots of drive-by and last minute "this must be done now" requests.

    Advice to Senior ManagementThis company is great because it's full of smart, talented people. Schwab is a huge target of head hunters looking to steal your greatest assets. Keep this in mind when computing bonus payout percentages.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Positive people will have a positive experience. Great place to work!

    (Current Employee)
    Phoenix, AZ

    ProsGreat place to start off if you're new in the industry. There is a myriad of resources if you know where to look and are not afraid to reach out to someone. Good benefits and great that the company offers programs to help employees with their own finances. Management is responsive and welcoming to new employees. Most employees are happy to help you with any questions.

    ConsSome who have been with the company for a while have low morale, and openly complain about their job and the company. Seems like many only work for Schwab to get the sabbatical. Best to ignore and steer clear of these employees because they usually like to drag others down with them.

    Advice to Senior ManagementKeep the open door policy open and recognize employees or the team for a job well done.

    Yes, I would recommend this company to a friend

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    Solid company with great people.

    Participant Services Specialist (Former Employee)
    Phoenix, AZ

    ProsSmart, well-rounded people. Management was great, and I appreciated the consistent feedback in regard to job performance. I highly recommend them.

    ConsMy training session was abbreviated, and you are committed to stay in the position for a minimum of 18 months before being able to apply elsewhere.

    Advice to Senior ManagementProvide a better incentive structure to employees that will motive them to take on more responsibility and accountability within the department.

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Technical customer support

    Technical Support Representative (Current Employee)
    Phoenix, AZ

    ProsJob growth. Actively engage employees

    ConsBad annual raises. 2% for high performers is not enough

    Advice to Senior ManagementAllow more of incentive based raises.

    Yes, I would recommend this company to a friend

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    I ws very happy and thankful to work for Schwab.

    Broker (Former Employee)
    Phoenix, AZ

    ProsThe people I worked with and the managers I worked for. I did feel respected as a person by most of those I met in person or by telephone.
    Training and benefits.

    ConsLack of promotion, due to the general turn down in the marketplace. Unsure if all of an employee's skills and knowledge is truly looked at. Most of 'reviews' determined by QA results.

    Advice to Senior ManagementBetter efforts to decrease turnover.

    Yes, I would recommend this company to a friend

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    Great culture, and strong respect & value for employees

    Consultant (Former Employee)
    Phoenix, AZ

    ProsSchwab has the most comfortable, open, welcoming corporate culture I've ever experienced. Peers and direct reports (up and down the chain) maintain strong interpersonal relationships. Teams generally function as the term implies - a group of people working toward common goals. Information sharing is much more prevalent than in many other organizations.

    I can't speak for the current environment at the company as I left in 2007, prior to the financial meltdown; Schwab has gone through many large layoffs in the past, and this may have caused more fear for job security to enter in and disturb the culture and efficiency.

    As far as career selection, Schwab offers a wide ability to "redeploy" within the company, with more opportunities for individual exploration than found in many sectors.

    ConsThe main facilities in Phoenix are very drab and dreary, a sharp contrast to the building on Camelback & 32nd - beautiful, great views, well designed, and (last I heard) recently closed.

    There's also a duplication of some functions throughout the business, so rather than a large team to pool resources and execute projects with higher quality, smaller groups will often work on projects and, through limited time, resources, budget, etc., produce somewhat mediocre results. While this is unfortunate from a quality perspective, it does allow for a smaller, more personal feel to the work you do.

    Advice to Senior ManagementReconciliation of the schism between technical and business sides of project management would be a great benefit to project execution. The communication & expectation differences often cause large delays and major hiccups.

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    Charles Schwab is one of he greatest leaders of our generation.

    Vice President Operations (Former Employee)
    Phoenix, AZ

    ProsHigh ethics, teamwork and quality products. Large enough that opoportunities can exist and various regions of the country. High focus on customers and an expectation that customers are always treated fairly if there is a dispute. A lot of training.

    ConsLack of trust from one division to the next. Strong cultural differences depending upon the leader of a particular organization. You can become pidgeonholed in one area of the corporation and unless you have a relationship in a different area of the organization, you will have a challenge trying to move.

    Advice to Senior ManagementGet more aggressive with advertising and own the market. Drop the "talk to chuck"....it's getting old. Time to position yourself as very different (and financially secure) from the failed Merrill's, Morgan's and UBS' of the world.

    Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Charles Schwab reviews and ratings in Arizona — including employee satisfaction and approval rating for Charles Schwab CEO Walt Bettinger II. All 12 reviews posted anonymously by Charles Schwab employees.