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

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

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  1. 2 people found this helpful  

    Great place but beware contract

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing/Creative in Austin, TX
    Former Employee - Marketing/Creative in Austin, TX

    I worked at Charles Schwab full-time (more than an year)

    Pros

    Great people producing really good work. Management is supportive and knowledgeable. The offices are decent and the cafeteria is really good (but overpriced). Overall a really good place to work

    Cons

    A large portion of people are technically full-time, in-house contract workers instead of employees, which saved Schwab money at your expense. Contract people come and go, often as a result of fluctuating budgets and through no fault of their own, so many people never get confident that they are going to be there long, so it's very unnerving.

    Advice to ManagementAdvice

    Stop the practice of signing so many people to contracts. If they seem like a good asset, hire them. It's borderline unethical.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Product Management at Charles Schwab

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

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

    Pros

    Very smart people, great learning and working environment and life/work balance.

    Cons

    One of the lower paying companies in the Financial Industry; I guess that's how they keep turning a profit!

    Recommends
    Positive Outlook
    Approves of CEO
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