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Good Place to Work

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

I worked at Charles Schwab

Pros

Honesty company to work for
Sense of integrity
Good reputation
Treats employees well
Good benefits with matching 401k
Good culture

Cons

Although there was always a sense management cared about the employees, job cuts were severe and occurred frequently during the downturn
Not much opportunity for growth
Large company with a lot of bureaucracy
Politics of a large company

Advice to ManagementAdvice

Over time Schwab seems to have lost its edge. Before I voluntarily left the company, morale was low and there seemed to be much less innovation and sense of loyalty among the employees. I hope that has changed.

Recommends
No opinion of CEO

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

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  1. 2 people found this helpful  

    Senior Management in Orlando/Maitland needs to reduce needs to get back to great company roots

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Relationship Specialist - Advisor Services  in  Maitland, FL
    Current Employee - Senior Relationship Specialist - Advisor Services in Maitland, FL

    I have been working at Charles Schwab

    Pros

    Decent 401k matching. Great Technology. Senior management in San Francisco has a very clear vision for the company (as opposed to regional service centers) , There is limited direct management so there is time to study work on personal ernrichment. Ability to use sick time for doctors appointments for yourself and your family members.

    Cons

    Unclear career path. Nepotism in regional service center - Local Senior management personally socializes with certain managers and shows favoritism to those teams and in hiring practices. There is no consistency on the dress code and attendance policy among teams. Overall unprofessional environment and shabby work condidtions. Management desires reps to be consultative professionals but at the same time expects them to be operational processors. Many mixed messages. Training is also a waste of time. Almost every time there is a new policy and training it is held multiple times because something has changed within a few days.

    Advice to ManagementAdvice

    Please read the pros and cons of this posting with an open mind. This is from a long time schwab fan and employee, not a brick kicker. Send clear messages to yur managers to trickle down to representatives. The majority of representatives are unsure of their job

    Recommends
    Approves of CEO
  2.  

    It's been great so far. Many people are from many different companies so CS is recruiting from the right companies!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Interactive Studios Member  in  Austin, TX
    Current Employee - Interactive Studios Member in Austin, TX

    I have been working at Charles Schwab

    Pros

    Amazing benefits, the new modern biz casual (nice jeans, untucked shirts... on guy has a trimmed mo-hawk and tat's!) awesome equipment.. I have to 24" flat screens, a terabyte hard drive 8 gigs of ram (expandable to 16) etc, etc a PC for developing testing, clean offices, great people.

    Cons

    So far, there isn't any. Unless you live really far south since they have moved to off the 183.

    Advice to ManagementAdvice

    Just keep your dynamic growing strategy and listening to those who actually produce.

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

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