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

See Most Recent

Great place to work

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Project Manager in San Francisco, CA
Former Employee - Project Manager in San Francisco, CA
Recommends
Positive Outlook
Approves of CEO

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

Pros

Opportunities to advance Listen to employees Learn stock markets

Cons

Lots of red tape E erything must pass by legal

Other Employee Reviews for Charles Schwab

  1. Helpful (3)

    Micromanagers and Bullying Culture Dominate Schwab

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Product Manager
    Current Employee - Senior Product Manager
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    -- Nice facilities -- Wellness reward ($250/yr) -- Quarterly bonus

    Cons

    After working in corporate America for over decade, I'd have to say that some of the worst micromanaging occurs here. If you're looking for a career where you work more autonomously, do not apply at Schwab. Many of the managers here also see only one way of doing things. I think this is why Schwab struggles so much with innovation. If you don't do things your manager's way, it's wrong. There's also a bullying culture at Schwab. I've seen a number of other posts related to this on here. VPs, Directors and even some Sr. Mgrs are bullies in the workplace, putting others down when they get the opportunity. The sad part is even if you report them, nothing gets done. I'm aware of two HR complaints filed against individuals for bullying and those two people have not been removed from the company or even demoted. One manager who managed a bully even admitted he didn't know how to deal with his bullying report. Because he didn't know how to handle the situation, nothing was done. I would not recommend working for Schwab. It has not been a good experience for me and a number of folks I know.

    Advice to Management

    Deal with the bullying complaints before Schwab really gets in trouble.


  2. Helpful (1)

    Good not great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operation Specialist in Denver, CO
    Current Employee - Operation Specialist in Denver, CO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    The biggest pros are the benefits and 401k match. The benefits are top notch in the industry and its tough to beat the 401k match at 5% of salary.

    Cons

    The base salaries are low and it seems like Schwab would rather pay little and "groom" their employees rather than hiring more qualified individuals at a higher base pay.


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

See Most Recent

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