There are newer employer reviews for Charles Schwab

good times

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

I worked at Charles Schwab full-time (more than 3 years)

Pros

fun happy good tons of cash

Cons

none that i can think of right now

Doesn't Recommend
Neutral Outlook
No opinion of CEO
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  1. 3 people found this helpful

    Opportunity is what you make of it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Great benefits, such as sabbatical every 5 years, good healthcare, flexible hours and open to telecommuting. Found the company to almost always do the Right Thing even when they could very easily get away with doing less, whether it's for their customers or their employees. I found there to be a niche for everyone, whether you're a climber and a superstar or someone who just wants a steady 9-5, going above and beyond tends to get people rewarded and recognized (not sure about financially -- I was a 9-5er), but if you just get your job done, nobody is riding you to "wear more pieces of flair" if that's not your bag. Point is, if you want to throw yourself into your job, it won't go unnoticed.

    Cons

    Like most public companies, share value take priority over pushing projects to the next level, which is ultimately why I got laid off (but with an extremely fair severance). Schwab is very risk averse and conservative in terms of business practices (much less uptight otherwise than most financial services firms, however), so that can make it hard to innovate or get things done at anything other than a snail's pace.

    Advice to ManagementAdvice

    Set the procurement tool on fire and spend some money on a comprehensive compliance review tool.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. Great opportunities

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

    I have been working at Charles Schwab full-time

    Pros

    Willing to help you advance in your career, competitive pay, good work/life balance, they don't ask too much of you

    Cons

    Big company, upper management is very distant, can care about the shareholders too much

    Recommends
    Positive Outlook
    Approves of CEO
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