Charles Schwab

  www.schwab.com
  www.schwab.com
There are newer employer reviews for Charles Schwab

2 people found this helpful  

Broker

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Active Investor Broker in Indianapolis, IN
Current Employee - Active Investor Broker in Indianapolis, IN

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

Pros

Work with great people, everyone seems to be very friendly including management and directors. Opportunities to learn a ton of information. Great entry level job as you will get certified with series 7 and 63 licenses. Plenty of paid training

Cons

Very busy. You will take calls back to back all day with very limited interruption. Can be discouraging after time. Very little salary increase opportunities.

Recommends
Positive Outlook
No opinion of CEO

903 Other Employee Reviews for Charles Schwab (View Most Recent)

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  1. 1 person found this helpful  

    software developer

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

    I have been working at Charles Schwab full-time (less than an year)

    Pros

    work culture is really good and advanced technology

    Cons

    short contract period and always same reason for lay off is budget issue.

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Very improved after Pottruck was fired

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Registered Representative II in Phoenix, AZ
    Former Employee - Registered Representative II in Phoenix, AZ

    I worked at Charles Schwab full-time (more than 8 years)

    Pros

    Chuck Schwab and Walt Bettinger seem like the real deal ... sincere in caring about both their employees and their customers.

    The company has been pretty successful in eliminating conflict of interest in the products that the brokers sell.

    The 'customer comes first' attitude seems to be real again. No longer just lip service.

    Cons

    At least when I left there were still several directors that had yet to convert away from the greed of the Pottruck years. Some departments were clearly happy and doing well. Some were still suffering.

    Employee incentive still seems to be misaligned at times.

    Advice to ManagementAdvice

    Continue to the return back to Chuck Schwab's founding principles. Do more to make employees also Schwab stock holders. Continue weeding out those directors and managers that are still holding on the 'Pottruck' attitude. You will continue losing your best people until you can really fix the employee experience.

    Recommends
    Approves of CEO
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