Charles Schwab Reviews

Updated April 18, 2015
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3.2
990 Reviews
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Recommend to a friend
Approve of CEO
Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
581 Ratings

Pros
  • It does allow for a good work/life balance which was very important to me (in 80 reviews)

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

Cons
  • Not much room for growth in Indy unless you want to stay in a call center (in 45 reviews)

  • There are very few woman and people of color in middle and senior management (in 25 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Company is changing to stay relevant.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

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

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Lots of emphasis on products and delivering value to the clients. Lots of great people to work with .

    Cons

    Another 3 year real estate strategy is underway to reduce footprint in San Francisco. No career opportunities in the HQ.

  2. Good company

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

    I worked at Charles Schwab full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good values - customer focused and most people really want to help improve service to the clients. Also executives are ambitious to challenge the industry by trying to offer more value than the competition.

    Cons

    Career development is weak by comparison to consulting firms. At the same time, the culture is cooperative rather than cutthroat. Seems like a pretty good place especially if your goal is to have good work/life balance and stick around for years, as many do.

    Advice to Management

    Management is doing a very good job.

  3. Great entry level job

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

    I have been working at Charles Schwab

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good training and work environment.

    Cons

    Hard to advance to other positions.

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


  5. Phone Rep

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

    I worked at Charles Schwab

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company to work for and complete training to perform your job.

    Cons

    Working in the call center can become tedious at times.

  6. Helpful (1)

    Overall has been a good company to work for

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

    I have been working at Charles Schwab full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    There are good benefits, and somewhat competitive pay. They also avoided taking any government assistance during the recession and did their best to not lay people off.

    Cons

    Terrible at developing career paths for employees, or putting people with specific talents in the correct roles.

  7. Impressive company to grow your career

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software QA Engineer in Austin, TX
    Current Employee - Software QA Engineer in Austin, TX

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Charles Schwab is a solid work environment to explained your career. Devoted and intelligent people to work with.

    Cons

    Nothing that I can think of, they hire a lot of people through contract work for 12 months, but they do bring you over into the company after that time.

  8. Good people. Great Projects.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Charles Schwab

    Pros

    Great Company to work for

    Cons

    None. Havent seen any yet.

  9. Great Company

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

    I have been working at Charles Schwab

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company to work for.

    Cons

    No cons that I can think of.

    Advice to Management

    Keep up the good work!

  10. Helpful (7)

    Everything changed after Walt became CEO.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at Charles Schwab

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Good work/life balance, and really good people, for the most part.

    Cons

    The politics here keep getting worse. It's all about who you know and are connected to. Hard workers go unrecognized because of silly politics. The company used to really value its employees, and it seems like it's now more interested in appearances, so they push people to lie on engagement surveys so they get high scores and win awards.

  11. Helpful (2)

    Good work environment, but low salaries

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Registered Representative in Denver, CO
    Former Employee - Registered Representative in Denver, CO

    I worked at Charles Schwab

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good place to get licensed.

    Cons

    Management squeezing everything they can out of employees at very low salaries.

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