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

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Helpful (1)

Too nice, too slow

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

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

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

Pros

Great work-life balance.
People are supportive and non-competitive.
Great for those looking for non-challenging long-term career.
Nice perks.

Cons

Passive-aggressive behaviors; no one says "no";
IT infrastructure is a mess and Mac support is lacking. What is this, 2004?
Marketing is not integrated and way behind the curve in terms of modern, social web.
Inadequate support for user-centered design practices.
Takes forever to get anything done because of so many layers and departments.

Advice to Management

In terms of digital marketing, hire more fresh blood with solid digital agency experience. CS should be split into digital and non-digital groups.

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  1. Helpful (3)

    Good People and Good Benefits But Pay and Environment Really Varies by Department

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Product Manager in San Francisco, CA
    Current Employee - Product Manager in San Francisco, CA

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

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    - On the whole, you work with a lot of good people who know what they are doing
    - Great benefits and a company that goes out of their way to try and help their employee's fulfill their financial and personal health goals.
    - Overall company's objectives and goals are something I can get behind and feel good about.
    - Company provides many in-house training opportunities.

    Cons

    - Lots of people who stay for a very long time, which can stagnate progress (resistance to change).
    - Legally conservative company with lots of red tape that does a decent job to protect the brand but also slows progress and change
    - Pay is average to below average compared to others in industry in area. HR is not very creative at coming up with ways to recognize employees for their contributions.
    - To move up, you have to change departments. Difficult to grow within.

    Advice to Management

    - Give Managers more ways to recognize their employees in a meaningful way.
    - Become more efficient at weighing legal risk vs time to market rewards and new business growth

  2. Helpful (1)

    Good Benefits, pay a little low

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Registered Representative I in Indianapolis, IN
    Former Employee - Registered Representative I in Indianapolis, IN

    I worked at Charles Schwab full-time (More than 3 years)

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

    Pros

    Good benefits (vacation time, sick time, good health benefits), a lot of opportunities in other departments, time off for volunteering, good work life balance

    Cons

    Pay is a little low. Employee moral was a little low (but it was during the big downturn in the market). Although there is definitely opportunity to move to other departments, most of the moves are lateral. There isn't a lot of room for upward advancement.

    Advice to Management

    Keep an eye on what your employees are feeling...bad morale spreads quickly

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

See Most Recent

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