There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

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Helpful (1)

Schwab is Employee and Client Focused

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Vice President, Financial Consultant in Oklahoma City, OK
Current Employee - Vice President, Financial Consultant in Oklahoma City, OK

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

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Charles Schwab tries to balance employee needs and desires with client needs and desires in order to have the perfect mix of happy sales people and happy clients using valuable services. For example, employees have tremendous health insurance benefits, great 401k plan that is 100% vested from day one, sabbaticals of 4 weeks after 5 years service, time off for volunteer work, etc. In addition, Schwab tries to provide a balance for all clients from free services to fee based services as well as one on one time with clients, and customizable solutions.

Cons

Sometimes there is too much focus on one area of opportunity or growth and other areas are neglected and/or seized upon by the competition.

Advice to Management

Simplify the compensation plan.

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  1. Charles Schwab is a great place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Financial Consultant in Austin, TX
    Current Employee - Associate Financial Consultant in Austin, TX

    I have been working at Charles Schwab full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Charles Schwab has a great culture.

    Cons

    The bulk of the opportunities are usually in a just a few metro areas.


  2. Helpful (1)

    Generally positive

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager, Brokerage Services in Denver, CO
    Current Employee - Manager, Brokerage Services in Denver, CO

    I have been working at Charles Schwab full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great culture, opportunity for career advancement, fast paced environment, numerous learning opportunities.

    Cons

    Some employees are disengaged, and are there only to earn a paycheck. Compensation not great for front line employees, which can be a demotivator.

    Advice to Management

    Hire only the best, compensate front line more, ensure that strategy is clearly articulated.


There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

See Most Recent

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