There are newer employer reviews for Charles Schwab

2 people found this helpful

Work as hard as you would at a full-service brokerage or wirehouse for much less pay

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

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

Pros

Good reputation and respected brand, one month paid sabbatical after 5 years, very good 401k with employer match.

Cons

Very low base salary for experienced licensed professionals and very low bonus payout. Micromanagement to the extreme. Outdated and cumbersome technology.

Advice to ManagementAdvice

Pay your professionals, who are providing clients help and guidance and financial planning, a better salary and quit changing the compensation plan every year. It is ridiculous that reactive call center reps are compensated better on sales than your branch personnel who are expected to be proactive sales people.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO
reviews filtered by
  • Any Location
  • Any Job Title
  1. Great Group of People to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Phoenix, AZ
    Current Employee - Manager in Phoenix, AZ

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

    Pros

    Management makes you feel like a valuable asset to the company, not just a number. Great benefits and paid time off.

    Cons

    Call center environment. Small bank with limited ability for growth at this time.

    Recommends
    Positive Outlook
  2. Good place to work

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

    I have been working at Charles Schwab full-time (more than 10 years)

    Pros

    Good work/life balance
    Stable company
    Good salary and benefits
    Paid Sabbatical every 5 years is truly awesome

    Cons

    A little bureaucratic/political, especially between internal groups
    Not all of your fellow employees are fully engaged
    Company is very conservative when it comes to new technologies

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Charles Schwab

Work at Charles Schwab? Share Your Experiences

Charles Schwab

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.