There are newer employer reviews for Charles Schwab

1 person found this helpful

Overall - a great company.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Vice President in San Francisco, CA
Current Employee - Vice President in San Francisco, CA

I have been working at Charles Schwab

Pros

Schwab as a company strives to focus on the customer and provide great value based on their products and services. Schwab is also a good place to maintain a reasonable balance between your work life and personal life.

Cons

Schwab, like many financial services firms, is struggling to manage costs aggressively. Previously this created challenges of bureaucracy, politics, coordination, etc. This issue has decreased as the company has simplified the management structure and increased spans of control.

Advice to ManagementAdvice

Maintain a critical focus on costs, retain your best people while continuing to selectively secure new leadership and perspective from outside the organization and continue to focus aggressively on the customer - especially in this trying time.

Recommends
Approves of CEO
reviews filtered by
  • Any Location
  • Any Job Title
  1. 1 person found this helpful

    Hold.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Director of Communications in San Francisco, CA
    Former Employee - Director of Communications in San Francisco, CA

    I worked at Charles Schwab

    Pros

    Corporate mission of ensuring financial fitness is VERY solid.
    The culture is very human/ collaborative / friendly.
    Great emphasis on work-life balance.

    Cons

    Limited growth in San Francisco and slowing of growth in lieu of maturing cycle of the firm.
    Massive cultural shift from West Coast to Midwest values given changing geographic focus of the firm.

    Advice to ManagementAdvice

    Back up lip service paid to open dialogue: if you want dialogue, be willing to course-correct based on what middle- and lower-level ranks say.

    Recommends
    Approves of CEO
  2. 2 people found this helpful

    Schwab is a pretty good place to work, especially during this uncertain market.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Administrator in Orlando, FL
    Current Employee - Senior Administrator in Orlando, FL

    I have been working at Charles Schwab

    Pros

    Compared to other investment companies, Charles Schwab has created an large amount of stability, with conservative cost control measures and high ethics in regards to the customer. For this reason, when many investment companies went out of business, were bought out by other companies or had to take "Bail Out" money from the government just to stay afloat, Schwab has kept a mostly even keel, with few layoffs. The layoffs that the company did experience were mostly in the area of middle management.

    Cons

    lower compensation than some competitors, the perception that some employees are promoted due to favoritism instead of merit.

    Advice to ManagementAdvice

    Find additional ways to reward employees that stay with the company.

    Approves of CEO
There are newer employer reviews for Charles Schwab

Work at Charles Schwab? Share Your Experiences

Charles Schwab

 
Click to Rate
or

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