Charles Schwab
3.1 of 5 754 reviews
www.aboutschwab.com San Francisco, CA 5000+ Employees

Charles Schwab Reviews in San Francisco, CA

Updated Apr 10, 2014
All Employees Current Employees Only

3.1 197 reviews

                             

48% Approve of the CEO

Charles Schwab President and Chief Executive Officer Walt Bettinger II

Walt Bettinger II

(108 ratings)

54% of employees recommend this company to a friend
197 Employee Reviews Back to all reviews
Relevance Date Rating
in
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Worked there for 7 years

Senior Manager (Former Employee)
San Francisco, CA

I worked at Charles Schwab full-time for more than 5 years

ProsSalary, benefits, hours, nice people to work with

ConsPolitics, hard to change things, and conservative business

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Great place if you value a strong mission statement, putting the client first, and want to work with decent people

Managing Director (Former Employee)
San Francisco, CA

I worked at Charles Schwab full-time for more than 8 years

ProsGreat work/life balance
Respectful and collaborative colleagues
Strong corporate culture with honorable values
Sabbatical!

ConsMinimal growth opportunities
Half of the remaining jobs in SF will soon be leaving for Denver
Work isn't really all that interesting
Mellow culture on the surface; passive-aggressive beneath
Like all large companies, benefits are decreasing year over year

Advice to Senior ManagementMost employees feel underpaid, undervalued, and under appreciated.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Ok to start your career

Project Manager (Current Employee)
San Francisco, CA

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

ProsGreat culture and nice people work here. Found some life-long career buddies here. If you are looking for a firm that really believes that they help the public, then look no further. These guys invented it.

ConsBonus structure and abundance of mid-level managers offer a stagnant CYA corporate environment. This is due to the size of the organization.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

We want your feedback – Are these company reviews helpful to you?  Yes | No
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

There are opportunities to learn technology and operations

Systems Engineer (Former Employee)
San Francisco, CA

I worked at Charles Schwab full-time for more than 10 years

ProsBenefits including sabbatical, immediate vesting of employer matches. Can take advantage of training programs. Easy to network across company

ConsUsual corporate politics, management never makes bad decisions. Usual juggling of metrics to make everything a success, even when it's a disaster.

Advice to Senior ManagementGet back to having ethical behavior - I moved my entire account out because the senior management blatantly lied rather than admit an internal mistake (data breech).

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Average...not horrible but not incredible

Senior Product Manager (Current Employee)
San Francisco, CA

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

ProsIt does allow for a good work/life balance which was very important to me. The people at Schwab are generally very good people and are willing to help get things accomplished.

ConsIt seems very difficult to move up the chain in the corporate office. A lot of jobs are being primarily backfilled at other locations.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

1 person found this helpful  

Nice people - shame about the geo-strategy

Technical Director (Current Employee)
San Francisco, CA

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

ProsThe people - there's a real sense of community and collegiality. Chuck's philosophy of making financial services smart, fair and accessible inspires a common sense of purpose. Very open and collaborative work environment, in which cross-organization connections are fostered, and people share ideas freely.

ConsWorking within the "consensus" culture can be challenging at times.

Advice to Senior ManagementFear of the geo-strategy - with folks sitting out the next 3 years, waiting for the package, the creative energy of the talented SF workforce is sapped.

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Good company for tech and great management

Tech Lead (Former Employee)
San Francisco, CA

I worked at Charles Schwab full-time for more than 3 years

ProsVery good management style, lot to learn, Great Work life balance, Inspiring management, Focus on ethics and customer service.

ConsSlow to move on tech front, Should invest in cutting edge and research, CEO is good.

Advice to Senior ManagementInvest in cutting edge, More automation needed

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

1 person found this helpful  

A great company with strong culture and smart employees

Director (Former Employee)
San Francisco, CA

I worked at Charles Schwab full-time for more than 5 years

ProsSome of the smartest folks to work with you'll find
A real dedication to making investing easier for everyone
Strong 'customer first' values

ConsA very very flat organization makes advancement hard
Can be hard to feel your ideas are being listened to when you're junior

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

8 people found this helpful  

No Integrity, Honesty or Values Left at Charles Schwab - Enter at Your Own Risk

Senior Manager, Information Management Technology (Former Employee)
San Francisco, CA

I worked at Charles Schwab full-time for more than 8 years

Pros401k match, insurance, and training used to be among the best, but no more.

ConsDuring my last few years at Schwab, I witnessed first-hand several incidents within Schwab's Technology group involving racial discrimination and worker intimidation. In particular, our mostly Asian employees’ chances of advancement at Schwab were deliberately minimized, and many of them were harassed into leaving the firm so that their positions could be “offshored” to contractors working in India. This harassment included demotions, artificially-low employee ratings, and forced (and uncompensated) overtime during nights and weekends.

Advice to Senior ManagementEliminate the glass ceiling for Asian-American employees at Schwab, and hire more competent employees to fill Senior Management positions. The "old boy" network is alive and well at Schwab, with a twist. Most of the top management are either white, gay or both, who favor employees who are like themselves. This favoritism is obvious, and part of the hostile environment that many employees at Schwab face on a daily basis.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

2 people found this helpful  

Not a good place to start a career

Anonymous Employee (Former Employee)
San Francisco, CA

I worked at Charles Schwab full-time for more than a year

ProsFriendly people, good for mid career

Conslack of leadership and training

Advice to Senior ManagementTrain your middle managers so they can train their reports instead of leaving them out to dry

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for Charles Schwab? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at Charles Schwab reviews and ratings in San Francisco, CA — including employee satisfaction and approval rating for Charles Schwab CEO Walt Bettinger II. All 197 reviews posted anonymously by Charles Schwab employees.