There are newer employer reviews for Charles Schwab

2 people found this helpful

Overall, a REALLY good but not great place to work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Managing Director in Phoenix, AZ
Former Employee - Managing Director in Phoenix, AZ

I worked at Charles Schwab

Pros

Culture very pro-employee. Still has a strong brand and looks good on the resume.

Cons

The culture! Can be hard to get anything done as a new person there. You're always swimming upstream, and outside/different viewpoints are not always heard.

Advice to ManagementAdvice

You're not running a day care center or kindergarden. Adults need to be treated like adults, and it is a professional business that warrants accountability.

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  1. 1 person found this helpful

    Charles Schwab is a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Operations Specialist in Phoenix, AZ
    Current Employee - Operations Specialist in Phoenix, AZ

    I have been working at Charles Schwab

    Pros

    Charles Schwab is a company that believes in the satisfaction of their employees. The company works with individual employees when personal situations come up. They will give time off beyond what is allowed for family emergencies and personal health issues. The benefits package is also very nice. Schwab is also a company that is commited to their clients and making sure that they have a good experience each and every time they interact with the firm.

    Cons

    Some downsides to working at Schwab are that the wages are not that high when starting out and it takes a while to move up the pay charts. It's also is hard to move up within your own department, you really will have to move to another department to take a management position.

    Advice to ManagementAdvice

    My advice to Senior Management would be to work on the technology of the firm. The infrastructure currently set up is outdated and it makes working on everyday tasks hard because the computers are slow. I would also suggest to them to continue moving towards improving the internet trading platforms that they currently have. The future is the interent and not broker trading.

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    Approves of CEO
  2. Ethical

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Manager in Indianapolis, IN
    Current Employee - Senior Manager in Indianapolis, IN

    I have been working at Charles Schwab

    Pros

    Yeah its got a few bumps and bruises, but its the most ethical firms on the street. You have a tremendous amount of oppty to grow your career in places you never thought about when it comes to financial services. They pay you to get your license, they pay you to further your education and they pay you to get things like your CFP.

    Cons

    Need to focus on a few cities if you really want to grow your career. Options aren't passed out as much as most would hope or want. Overall, its a pretty good place and I would refer people here.

    Advice to ManagementAdvice

    Keep listening and visit the front line consistently and often. I can't tell you how important it is for them to realize how the actual client interaction is done and handled

    Recommends
    Approves of CEO
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