Charles Schwab Reviews in Arizona

Former Employee – worked at Charles Schwab

Pros – Steady hours
Senior mgmt is ethical and moving in a good direction

Cons – Mid and low level managers are command/control and basically incompetent. Focus is all on useless numbers. Evaluation of brokers is based on factors the broker can't easily control or are arbitrary.

Advice to Senior Management – Make your low level managers into leaders instead of lackeys.

Current Employee – been working at Charles Schwab

Pros – Job growth. Actively engage employees

Cons – Bad annual raises. 2% for high performers is not enough

Advice to Senior Management – Allow more of incentive based raises.

Yes, I would recommend this company to a friend

Current Employee – been working at Charles Schwab

Pros – Very flexable work schedual. Location

Cons – Most jobs with the company are dead end. Little opportunity for promotion/advancement. Corperate jobs are mostly hired from the outside. No transparency between leadership and employees.

Advice to Senior Management – In order to encourage retention, provide promotions more frequently to keep from having to hire new employees. Understanding that recognition and appreciation will boost moral.

No, I would not recommend this company to a friend

Current Employee – been working at Charles Schwab

Pros – Easy entry to the industry, good training and support for licensing, 401k match and health dental benefits, fair vacations allowances.

Cons – In this position there is limited room for vertical advancement. There are to many employees that are over qualified stuck in this position with not enough recruitment from inside.

Advice to Senior Management – Technology seems to be the limiting factor in most projects and problems. Look to recognize employees based on their performance and not their politics.

Former Employee – worked at Charles Schwab

Pros – High pay for what is basically data entry. Great benefits that start almost immediately. Cafeteria on-site that serves breakfast and lunch, which is nice for those working early morning hours.

Cons – High level of stress to meet deadlines at the preferred speed. Branch employees/brokers can hassle ROC employees at times, making work difficult when trying to meet deadlines.

Advice to Senior Management – Listen to employees more.

Yes, I would recommend this company to a friend

Former Employee – worked at Charles Schwab

Pros – The 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.

Cons – Lack 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 Management – Better efforts to decrease turnover.

Yes, I would recommend this company to a friend

Current Employee – been working at Charles Schwab

Pros – There are so many different areas within the company that you are able to explore. You are bound to find one that suits you.

Cons – Economy ups and downs are esspecially important to the success of the company which can impact your employment, pay, etc.

Advice to Senior Management – Training & feedback are important for sucess. Flexibility & encouragement are important to maintain an employees effort.

Yes, I would recommend this company to a friend

Former Employee – worked at Charles Schwab

Pros – Broker training program is great. You get hands-on experience along with one of the best training programs in the industry.

Cons – Pay is very low for the industry. Promotions don't usually lead to raises, so you have more responsibility but are not fairly compensated for the extra work.

Advice to Senior Management – Offer better compensation to employees to reduce turnover.

No, I would not recommend this company to a friend

Former Employee – worked at Charles Schwab

Pros – Great place to work and learn. Lots of opportunity and forward thinking

Cons – Difficult to get significant salary change after your in. Once in, your limited to a range of increase...even with promotions.

Advice to Senior Management – Allow managers to make decisions on their employees.

Yes, I would recommend this company to a friend

Current Employee – been working at Charles Schwab

Pros – There are many lines of business to go to in Schwab. and most managers incourage you to take control of your career and move to different departments.

Cons – when you have a poor manager they can really impead your career development. Also when you transfer internally they do not do a good job paying you for the new job. You are better off leaving and then coming back to make more money.

Advice to Senior Management – Pay your people for the job not some 6 to 10 percent raise, you will lose less of them.

Yes, I would recommend this company to a friend