Charles Schwab Reviews

Updated March 27, 2015
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3.2
970 Reviews
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Approve of CEO
Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
569 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. Great company not perfect

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

    I have been working at Charles Schwab

    Pros

    Company maintains a strong commitment to doing business ethically with a high degree of integrity. Benefits are very good. Work environment is positive and management is generally good. If you live to help people you will love working for Schwab.

    Cons

    If you live to make money, you may want to look elsewhere. Compensation is relatively low and advancement can be limited depending on your role and location.

    Advice to ManagementAdvice

    Never stray from the values on which Chuck founded the company.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful

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

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

    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 ManagementAdvice

    Stick to the core principles.

    Recommends
    Positive Outlook
  3. Schwabbies Rock!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Phoenix, AZ
    Current Employee - Manager in Phoenix, AZ

    I have been working at Charles Schwab

    Pros

    True "family" environment, teams are supportive and focus on leveraging each other's strengths to accomplish tasks.

    Solid values but company still focuses on innovation.

    Pay is strong and bonus program gets stronger every year. Health are on par with industry.

    Cons

    No paid maternity leave like most FORTUNE 500 employers. 401k match could be higher.

    Advice to ManagementAdvice

    Focus on keeping total comp and benefits packages competitive.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. Love working here

    • 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 (more than a year)

    Pros

    Great reputation, room for growth, good benefits, great corporate culture

    Cons

    I often feel I'm underpaid

    Recommends
    Positive Outlook
    Approves of CEO
  6. It is one of the best company that gives maximum service to its employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tableau Developer in Lake Hiawatha, NJ
    Current Employee - Tableau Developer in Lake Hiawatha, NJ

    I have been working at Charles Schwab

    Pros

    environment makes us to feel happy

    Cons

    Competitive Work experience balancing life.

    Recommends
    Positive Outlook
    Approves of CEO
  7. Senior Team Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in Chicago, IL
    Current Employee - Senior Manager in Chicago, IL

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

    Pros

    Schwab is a great collaborative environment. The employees are extremely motivated and caring employees! Company has great values and treats its people with respect.

    Cons

    Being in a regulated industry, thing can move a little slower at times.

    Advice to ManagementAdvice

    Schwab believes in personal growth and provides training and resources to help you progress your career.

    Recommends
    Positive Outlook
    Approves of CEO
  8. Most ethical place I have ever worked.

    • 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

    Pros

    Ethics. Intelligent people. Fast-paced. Open to my ideas.

    Cons

    None that I can think of.

    Advice to ManagementAdvice

    You're doing a great job!

    Recommends
    Positive Outlook
    No opinion of CEO
  9. Operations Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Specialist in Phoenix, AZ
    Former Employee - Operations Specialist in Phoenix, AZ

    I worked at Charles Schwab

    Pros

    Good pay in a very affordable city, company provides the tools requires to do your job (technology and proprietary systems), nice locations in Arizona, two separate centers allowing for better commute.

    Cons

    Northern location is overcrowded, cafe is not reccomended.

    Recommends
    Positive Outlook
    Approves of CEO
  10. Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior QA in Austin, TX
    Former Employee - Senior QA in Austin, TX

    I worked at Charles Schwab

    Pros

    Promotions, Long term experience, good client relationship

    Cons

    no cons to report as of now

    Advice to ManagementAdvice

    nothing

    Recommends
    Positive Outlook
    Approves of CEO
  11. Life at schwab

    • Culture & Values
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Charles Schwab

    Pros

    Great salary, great people, flexible work hous

    Cons

    None, I enjoyed my time at schwab.

    Advice to ManagementAdvice

    Rehire retired employees

    Recommends

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