Glassdoor is your free inside look at Charles Schwab reviews and ratings in Denver, CO — including employee satisfaction and approval rating for Charles Schwab CEO Walt Bettinger II. All 45 reviews posted anonymously by Charles Schwab employees.
80% of the CEO
Walt Bettinger II
I have been working at Charles Schwab full-time for more than 10 years
Pros – Tuition reimbursement. Opportunities for those that are proactive and work hard. Great place to start career in financial services.
Cons – Call center work is not for everyone.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-05-10 19:21 PDT
I worked at Charles Schwab full-time for more than a year
Pros – Series 7 and 63 sponsorship
Cons – Limited upward mobility, low pay relative to competetors in town, bureaucratic environment and ineffective middle managment that rode the tech bubble to where they are today.
Advice to Senior Management – Flush the mediocre management
No, I would not recommend this company to a friend
2013-05-20 20:23 PDT
I worked at Charles Schwab full-time for more than a year
Pros – Strong Culture and well meaning employees and operations management
Cons – San Francisco headquarters is out of touch with the real culture in the operations centers in other locations.
Advice to Senior Management – Improve human resources management
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-05-24 20:22 PDT
I have been working at Charles Schwab full-time for more than a year
Pros – Interesting work experience. Great way to learn the markets.
Cons – Call after call after call after call. Very grueling. Nothing is ever discovered or created. Just answering the same questions 500 times. Management is also very dull. Not much ambition and not many 'role models'. Many of my collegues fresh our of school were much more driven and innovative than any of the managers (some of them were smarter too...).
Advice to Senior Management – Try to bring something fresh to the team rather than just sitting in your cube and being reactive. Try to be innovative. Try to build something.
Yes, I would recommend this company to a friend
2013-05-16 19:33 PDT
I worked at Charles Schwab full-time for more than 3 years
Pros – Great People and advancement opportunities
Cons – Many positions require lots of time on the phone
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-03-10 22:06 PDT
I have been working at Charles Schwab full-time for more than 7 years
Pros – Good training in the beginning and a good introduction to the financial services industry. Co-workers are mostly helpful and engaged.
Cons – Poor starting salary. Very little chance of advancement unless you want another phone job. Management changes direction often and seems to have very little direction.
Yes, I would recommend this company to a friend
2013-03-08 17:26 PST
I have been working at Charles Schwab full-time for less than a year
Pros – Lots of opportunity for learning, growth and promotion
Cons – There is often a heavy workload
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-02-09 14:53 PST
I have been working at Charles Schwab full-time for less than a year
Pros – Charles Schwab offers a great opportunity to get your foot in the door with the financial industry. They give you time to study for your series 7 and 63 exams, and the job allows you to learn about financial products and how to discuss them with clients. Also, I really enjoy the colleagues on my team.
Cons – It is a call center. You take 50 calls in a day, back to back, and it can get stressful. The pay is low compared to other similar companies. Management just raised the base pay for this job to $40,000 for new hires, but they did not extend the base pay bump to those of us already trained and working here. Kind of feels like a shove out the door, and I know a lot of folks seeking other jobs.
Advice to Senior Management – I would like more money, please.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-02-15 08:16 PST
1 person found this helpful
I have been working at Charles Schwab full-time for more than 7 years
Pros – The biggest pros are the benefits and 401k match. The benefits are top notch in the industry and its tough to beat the 401k match at 5% of salary.
Cons – The base salaries are low and it seems like Schwab would rather pay little and "groom" their employees rather than hiring more qualified individuals at a higher base pay.
No, I would not recommend this company to a friend
2013-01-30 19:14 PST
2 people found this helpful
I have been working at Charles Schwab full-time for more than a year
Pros – Good benefits, generous paid time off.
Cons – At Schwab, you will be micro-managed to the inth degree. They don't pay very well either. If you work in the Banking call-center, you will be miserable. I haven't worked there in almost a year and I still have nightmares.
No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company
2012-12-26 09:04 PST
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No thanks – I'll just look around