There are newer employer reviews for Charles Schwab

 

Great people, decent company, lack of opportunity for long term.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Associate of Operations  in  San Francisco, CA
Former Employee - Associate of Operations in San Francisco, CA

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

Pros

Talented cast of individuals working at the firm.
Majority are SME and very friendly and willing to help.
Firm is well known in the industry

Cons

Lack of opportunity for growth on many occasions.
Promotions exist only whenever someone leaves a position.
Firm does not cover additional training that may prove helpful in the future for both the firm & the employee.
Very tight budgets in many departments which also means that you have to make due with what tools you have.

Advice to ManagementAdvice

Listen to your employees and contribute in ways that will provide growth opportunities and mentoring for them to succeed. Recognize those employees that put their heart and soul into the company and assist in elevating them to the next level. Motivate and train managers to challenge those on their team to perform to their potential and be sure to listen to their feedback received.

Neutral Outlook

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

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  1.  

    Decent place to start a financial career.

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

    I have been working at Charles Schwab full-time for more than 5 years

    Pros

    Good training in the beginning and a good introduction to the financial services industry. Co-workers are mostly helpful and engaged.

    Cons

    Poor starting salary. Very little chance of advancement unless you want another phone job. Management changes direction often and seems to have very little direction.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    We are not in Kansas anymore Toto

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Representative  in  Orlando, FL
    Former Employee - Customer Service Representative in Orlando, FL

    I worked at Charles Schwab full-time for more than 10 years

    Pros

    In nearly 20 years I haven't seen a positive about working there!

    Cons

    Unlike the great characters from the wizard of Oz including, the Tin man or the scarecrow, imagine if you will that management is nothing more than Wicked Witches. Who are mean, shellfish and all around plain evil!
    Think about this the wicked witch of the west was mean and a bit of a bully with targeting Dorothy, The Tin man, Scarecrow and the lion.
    Schwab mangers are no different with bullying the employees. I am not sure why Schwab has an HR department as I recently learned that they are not there to help out any of the employees but rather there to watch out for the managers.

    Advice to ManagementAdvice

    Get rid of middle management

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
There are newer employer reviews for Charles Schwab

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