Charles Schwab Reviews

Updated August 31, 2015
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3.4
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Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
635 Ratings

Pros
  • Great work-life balance (almost too good--the work suffers because management is so supportive of people's "issues") (in 80 reviews)

  • good benefits especially Sabbath every five years (in 59 reviews)

Cons
  • It is a Call Center environment (in 45 reviews)

  • Over the last couple of years, communication from senior management has been limited (in 25 reviews)

More Pros and Cons

1,104 Employee Reviews

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  1. Featured Review

    Helpful (7)

    Charles Schwab is one of the best places in the world to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Scrum Master in Phoenix, AZ
    Current Employee - Scrum Master in Phoenix, AZ
    Recommends
    Positive Outlook

    I have been working at Charles Schwab full-time (More than 10 years)

    Pros

    I have been there for 16 years now. The culture of the company is all about the best interests of the customer. Everything is built up around that core concept. I have great pride and satisfaction in working for Schwab.

    Cons

    I have been the sole member of a geolocated team for almost 8 years. That has been a lonely job, but most of that is my fault for not reaching out and building relationships with my co-workers nearby, even though they are in totally different departments.

    Advice to Management

    Stick to the core principles.


  2. The Wright Direction

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant in Phoenix, AZ
    Former Employee - Assistant in Phoenix, AZ
    Recommends
    Positive Outlook

    I worked at Charles Schwab full-time (More than a year)

    Pros

    Genetically inspiring. A true treat from eyes to mind.

    Cons

    Creativity up the who-ha! Who said God's right hand man couldn't dance?

    Advice to Management

    Why so serious?


  3. Great place to start

    Current Employee - Intern in Austin, TX
    Current Employee - Intern in Austin, TX

    I have been working at Charles Schwab (Less than a year)

    Pros

    Flexible hours and great corporate culture

    Cons

    Sometimes the job gets repetitive


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Schwab is an ok company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director of Currency Analysis in San Francisco, CA
    Former Employee - Director of Currency Analysis in San Francisco, CA
    Recommends
    Positive Outlook

    I worked at Charles Schwab full-time (More than 3 years)

    Pros

    Nice people, hard working and engaged employees, good benefits

    Cons

    lots of meetings, slow output, limited opportunities for creativity and new ideas, too conservative

    Advice to Management

    Think ideas through thoroughly before hiring people and starting a thing. Too many projects were started and then nipped in the bud. Also, provide necessary resources for a project you started to get it really going.


  6. Helpful (2)

    Great Company, Great People

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Project Manager in Austin, TX
    Current Employee - Technical Project Manager in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles Schwab full-time (More than a year)

    Pros

    Mature in Agile Process, collaborative atmosphere Everyone I work with is both kind and brilliant Leadership takes employee engagement very seriously Refreshingly innovative

    Cons

    Recruiting process is a little ambiguous. It takes prospective employees a while to get through the system due to lengthy background verification.


  7. Charles Schwab Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Continuity Consultant in San Francisco, CA
    Former Employee - Business Continuity Consultant in San Francisco, CA
    Recommends
    Positive Outlook

    I worked at Charles Schwab full-time (More than 10 years)

    Pros

    Good opportunity for growth, great salary

    Cons

    The company is reducing the number of employees in San Francisco so Bay Area opportunities are limited.


  8. VIce president

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Denver, CO
    Current Employee - Vice President in Denver, CO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Really nice people, good benefits , chuck is an amazing and honest leader. The best in the business.

    Cons

    I have been an employee for over 22 years as is my brother. The culture has shifted dramatically due to major leadership changes. It is no longer a place I love to come to. So many Schwabbies are miserable now. Walt needs to open his eyes. Too bad the company that chuck built is deteriorating into just another Wall Street firm.

    Advice to Management

    Open your eyes and see that people are being managed by fear now.


  9. National Option Manager

    Former Employee - National Option Director in Jacksonville, FL
    Former Employee - National Option Director in Jacksonville, FL

    I worked at Charles Schwab (Less than a year)

    Pros

    Great latitude to to promote company

    Cons

    Did not discover any cons


  10. Project Manager

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    This is a great company, with great benefits.

    Cons

    There is limited room for growth within the company


  11. happy

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    great environment and people - fun place to work

    Cons

    long hours and sometimes exhausting



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