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)

Recommends
Positive Outlook
No opinion of CEO
Recommends
Positive Outlook
No opinion of CEO

Pros

A great place to work with wonderful people.

Cons

Limited positions for promotion. Felt a little stuck.

Advice to Management

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

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  1. Helpful (4)

    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)

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

    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 Management

    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.

  2. Helpful (3)

    Overall Ok experience

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

    I worked at Charles Schwab full-time (more than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flexible work from home when needed. A lot of great people at the company. Good benefits.

    Cons

    Inexperienced immature management teams in HR. 5 of the 8 people on my team left within 3 months of each other due to poor management and conflicts between managers. Opportunity for advancement based on years rather than actual performance

    Advice to Management

    Terrible leaders can ruin entire departments as I experienced. My manager and her peer were at odds and that played out by involving both teams and pressure to take sides.

There are newer employer reviews for Charles Schwab

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