There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

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A unique company in the financial services industry

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

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

Recommends
Neutral Outlook
No opinion of CEO
Recommends
Neutral Outlook
No opinion of CEO

Pros

- Company is focused on its clients and their outcomes - Management respect work/life balance - Excellent work culture. It attracts a diverse, good group of employees

Cons

- Pay is generally less than competitors in the industry - Resources are always an issue. The company runs on razor thin margins

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  1. Helpful (3)

    Sweatshop, cheap, avoid.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Equity Trader in Englewood, CO
    Current Employee - Senior Equity Trader in Englewood, CO

    I have been working at Charles Schwab full-time (More than 8 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    A job, that's it. Some great people but most are depressed and trapped.

    Cons

    Everything else. Pay is awful and they dangle the promise of bonuses in your face then don't pay them. Raises are non-existent. Extremely cheap. All the money flows to the top.

    Advice to Management

    Offer something to your most valuable asset - your staff. Give these hardworking people some stock options. These people deserve way more than they get. Morale is low.


  2. Helpful (5)

    Live in Fear

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

    I have been working at Charles Schwab full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    A pay check at best

    Cons

    One should not have to live in fear of working for a large company, it is not the fear of being fired, or laid off or even not doing a good job. But rather the fear of management bullying their employees. Unfortunately we see in the news each and every day a kid bullied to the point that they may take their own life. Like what happened to that 12 year old girl in Florida. But what you do not see in the media is that fact that bullying occurs in the work place so much so that it makes people either very sick from the stress or that the employee is coerced to quit. Does this make for a good company to work for?

    Advice to Management

    Get rid of mid managers


There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

See Most Recent

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