Charles Schwab
3.1 of 5 803 reviews
www.schwab.com San Francisco, CA 5000+ Employees

803 Employee Reviews (View Most Recent)

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4 people found this helpful  

The enthusiasm in working for Stech is long gone

Network Engineer (Current Employee)
Phoenix, AZ

ProsThe company still offers above average salaries, decent benefits package, and paid sabbatical leave every 5 years. Very good and skilled IT people and some of the best co-workers to be found anywhere.

ConsTerrible management. Company is run by bean counters now and there no vision for new technology. Penny pinching has gone to the extreme and has downsized. Schwab is also letting its older workers go, and their years of knowledge, and bringing in younger workers out of tech school as a way to cut salaries.

Advice to Senior ManagementThis company's persona went out the door when Chuck left. Senior management lacks vision and thinking outside the box. Stech is much too top heavy with middle managers. Cut the fat by eliminating half the supervisors, directors and manages, and Schwab would save millions right there, and probably speed up the work flow in the process. Right now everybody is there for just the paycheck.

No, I would not recommend this company to a friend

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    • Work/Life Balance
           
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    • Disapproves of CEO

    4 people found this helpful  

    If you enjoy company politics and inability to have a career path this is the firm for you.

    Senior Bond Investment Specialist (Former Employee)
    Phoenix, AZ

    I worked at Charles Schwab


    Pros: A few Benefits and working with non-management team members who… Cons: No Career Path. Inequality of work loads when other departments are not held accountable. An every changing job description that you did not agree too… Advice to Senior Management: Review your practice of hiring non-qualified management who know nothing about fixed income and are used to dumb-size the professionals and silence their complaints that… No, I would not recommend this company to a friend More
    • Work/Life Balance
           
    • Senior Management
           
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    My experience was fine but it is definitely a little more stuffy compared to your normal commercial bank

    Senior Accountant (Former Employee)
    San Francisco, CA

    I worked at Charles Schwab


    Pros: It is a well known and respected name in the Financial Industry. They have the technology for you to work from home… Cons: The downside is that the pay is generally lower compared to the market. In order to make the money that you are use to making,… No, I would not recommend this company to a friend More
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