Charles Schwab

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

 

Loved it

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

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

Pros

A great place to work with wonderful people.

Cons

Limited positions for promotion. Felt a little stuck.

Advice to ManagementAdvice

Please take a look at the people you have within "the pool" before you hire from outside.

Recommends
Positive Outlook
No opinion of CEO

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

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  1. 1 person found this helpful  

    Not what you expect

    • 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 (less than an year)

    Pros

    Great company, room for growth, excellent place to learn the trade

    Cons

    Long hours, constant phone, under staffed, CALL CENTER

    Advice to ManagementAdvice

    Your employees have souls.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 4 people found this helpful  

    From great to mediocre

    • 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 (more than 10 years)

    Pros

    Before 2007, this was the best company in the industry to work for. Management pushed decision making as close to the client as possible allowing for excellent customer service. Innovation reigned supreme and taking calculated risks to benefit clients was the norm. One could have an exciting career doing the best work of their lives. Work that really mattered to clients and to the company.

    Cons

    Unfortunately, with the leadership changes and the 2008 market upheaval this is a very different company. Innovation is frowned upon and even looking outside the box can get you labeled as a detractor.

    Decision making has been centralized to one corner office leaving middle and senior management unempowered and spending all of their time making powerpoint presentations and socializing ideas before anything can move forward.

    Advice to ManagementAdvice

    Innovation is not a bad word. You can not run a business with a zero risk tolerance strategy. Waiting for interest rates to rise is not a strategy. Difference of opinion is not a bad thing, conflict and variety of ideas are good things. Stop hiding under your shell and lead again. The industry needs you. Individual investors and advisors need you.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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