There are newer employer reviews for Charles Schwab

1 person found this helpful

Good not great place to work

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

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.

Doesn't Recommend
Neutral Outlook
Approves of CEO
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  1. 2 people found this helpful

    Not the best for Financial Consultants

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Consultant
    Current Employee - Financial Consultant

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

    Pros

    Great for clients that are self directed. Many tools and excellent website

    Cons

    Horrible if you are a Financial Connsultant. They pull you in 10 different directions at the same time and the pay is poor. They are changing compensation and is going to be even worse unless you live in one of the bigger markets.

    Advice to ManagementAdvice

    Eliminate the good old boy club and start hiring talent from outside Schwab.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 1 person found this helpful

    Meh.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Advisor Services Representative in Maitland, FL
    Current Employee - Advisor Services Representative in Maitland, FL

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

    Pros

    Lots of opportunities to do a lot of work. Great resume builder.

    Cons

    Does not compensate for all of the work that they allow you to do.

    Advice to ManagementAdvice

    Drop the phony corporate cheerleading and loosen the purse strings.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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