Charles Schwab

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1 person found this helpful  

Schwab has been a great place to grow -- I'm no longer sure it's the right place to stay.

Managing Director (Current Employee)

Pros- Stability
- Benefits
- The People
- Commitment to Development
- Commitment to Clients
- Commitment to Improve Employee Engagement
- The Location in SF / Facilities

Cons- Collaboration to a fault / too much effort to get buy-in from everyone to be nice and keep partners happy
- Lack of Career Development Opportunities
- Limited Bonus Potential for Less than Top Performers
- Culture has been lacking a soul for some time
- Adoption of cutting edge technology feels very slow
- Lackluster stock performance
- Questionable ability for middle managers to effectively manage their people, especially average performers

Advice to Senior Management- You're saying the right things and spending lots of time on fine-tuning senior management and strategic plans
- Unless more excitement is generated at a visceral level with staff-level employees, you'll have less than stellar employees executing your plans
- As much as engagement is solid and improving overall, it feels like you're neutralizing engagement of your top staff
- These top performers will continue to leave unless even more focus and recognition is placed on them now
- There is real risk in neutralizing the soul of the company beyond attrition
- It doesn't feel broken, but it doesn't feel exciting -- and your top performers need this

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

    1 person found this helpful  

    Fair practices. Great place to learn and grow.

    Senior Client Consultant (Current Employee)

    I have been working at Charles Schwab


    Pros: Paid time to study for licenses. You learn a… Cons: Call center environment. Most of the financial recognition goes… Advice to Senior Management: Make it a place people want to stay at with better… Yes, I would recommend this company to a friend More
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    My experience at Schwab has been fine.

    Anonymous Employee (Current Employee)

    I have been working at Charles Schwab


    Pros: Fundamentally, and relative to it's peers, Schwab is an ethical company with… Cons: It is a tough place to get promoted, even when… Advice to Senior Management: When committing to doing something, get it right, and don't be afraid… Yes, I would recommend this company to a friend More
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