Charles Schwab Reviews

Current Employee – been working at Charles Schwab full-time for more than 3 years

Pros – Management was competent and always open to suggestion.

Cons – none that I can think of!

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

Former Employee – worked at Charles Schwab full-time

Pros – Great benefits
1 Month Sabbatical for every 5 years worked
Good products to sell, including SMA accounts, wrap accounts and insurance products.

Cons – Outdated performance review metrics led to a near complete turnover of several offices in the area.
Can you afford to take a sabbatical for one month if your performance is judged quarter by quarter?

Advice to Senior Management – Performance reviews should be more aligned with retention and long term performance, including retention of clients currently enrolled in managed account products

Yes, I would recommend this company to a friend

Current Employee – been working at Charles Schwab full-time for less than a year

Pros – Everyone is very passionate about the company and provided great training. They offer a good starting salary along with bonus opportunities.

Cons – In certain departments, the training is lengthy so they require you to stay in your role for a min. of 18 months before you may consider transferring to another position.

Advice to Senior Management – Overall satisfied with the working environment.

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

Current Employee – been working at Charles Schwab full-time for more than a year

Pros – Pork, 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.

Cons – None Schwab feeds you 3 days straight!

Advice to Senior Management – keep feeding us!

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

Current Employee – been working at Charles Schwab full-time for more than a year

Pros – If you lack experience company is a great place to launch your career. They provide a great learning experience and provide you with the tools needed to succeed. Company's culture is great, lots of chances to move laterally if you get bored with any one position.

Cons – Pay is poor compared to rest of the industry. Good place to start your career, and move on. Although a meritocracy, it takes too long to advance and very few jobs actually come w/ much of a pay increase.

Advice to Senior Management – Increase salaries, or at least bonuses!

Yes, I would recommend this company to a friend

Former Employee – worked at Charles Schwab

Pros – Good benefits, opportunity for growth, close to home, leader in the industry

Cons – Politically intense, Boring atmosphere, Some departments have a superior complex over others.

Former Employee – worked at Charles Schwab full-time for more than 7 years

Pros – great culture, smart co-oworkers, great work life balance

Cons – compensation cant compete with others in the financial services space

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

Current Employee – 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

Former Employee – worked at Charles Schwab

Pros – Talented Individuals working for their clients

Cons – Limited mobility in field sales

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

Current Employee – been working at Charles Schwab full-time for more than 3 years

Pros – Good work life balance and flexibility. There are a lot of nice, hard working people working as associates, some weaknesses in middle management, and some intelligent hard working people in the more senior roles.

Cons – Salaries are not as competitive as other companies. Hard to move up - tend to get stuck in a position and management doesn't seem to set career goals.

Advice to Senior Management – It is better to have less smart people and pay them more than to just keep hiring mediocre people at mediocre salaries.

No, I would not recommend this company to a friend