Charles Schwab

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

4 people found this helpful  

Good pay but management is clueless & takes forever to make decisions

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

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

Pros

Nice pay, bonuses, good time off & volunteer opportunities, free covered parking

Cons

Management is too afraid to get rid of deadwood. There is a person in my department that does a horrible job, has had multiple complaints against him, makes constant inappropriate remarks and generally offends people on a daily basis. He has been there for years and all management does is talk about moving him to another department. Why does this idiot still have a job when many qualified people do not?

Also, Management spends too much time playing hot potato. Why is everyone so afraid to take responsibility? Decision making can take YEARS. Yes, YEARS. Ridiculous!

Also, way too much time is wasted in meetings.

Advice to ManagementAdvice

Butch up & fire those that deserve it. If a customer complains or if more than one complains, do something about that person! Also, those cubicles are totally 1970s. Give people decent places to work

Recommends
Neutral Outlook
Disapproves of CEO

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

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  1. 2 people found this helpful  

    Charles Schwab no longer the good, ethical company it once was.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Consultant in Walnut Creek, CA
    Former Employee - Investment Consultant in Walnut Creek, CA

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

    Pros

    Still has a good brand because of what Chuck built.

    Cons

    This company has lost it's way. No real direction. They can't figure out what they want to be. Investment Consultants are selling whatever makes them the most money instead of what's right for the client. They have become just like the rest of the firms out there. Chuck has lost a grip on the company he built.

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

    Good work, easy job, tough policies

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

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

    Pros

    It is good, reliable work. Good shift, evening differential, good manager

    Cons

    Upper management has no idea what's going on.
    Many people are leaving in my location.

    Advice to ManagementAdvice

    Empower your brokers.

    Recommends
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Charles Schwab

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