Charles Schwab Employee Benefits and Perks | Glassdoor

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Charles Schwab Benefits

330 Ratings

Employer Summary

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For more than 40 years, we've been building a business designed to help people take control of their financial futures. The same applies to our people. That’s why we invest in our employees and their futures, providing them with a valuable benefits package that not only helps them stay healthy, but also gives them complimentary financial advice.

Benefits Package

Employee Benefit Reviews

Showing 1–10 of 330 comments

Most Commented

  • Feb 08, 2018
    StarStarStarStarStar Former Employee in Indianapolis, Indiana

    On top of 401k, PTO, and company matching, employees get paid volunteer days, discounts for gyms, movies, rental cars, vacations. You also get free budgeting and investment help which is great for a young employee

  • Feb 05, 2018
    StarStarStarStarStar Former Employee in San Francisco, California

    One month paid sabbatical every five years!

  • Jan 23, 2018
    StarStarStarStarStar Former Employee in Austin, Texas

    Overall benefits—medical, visual, dental, and 401K match, health account, disability—very good. Every year, benefits seem to cost more out of our pockets.

  • Jan 07, 2018
    StarStarStarStarStar Current Client Service Specia in Indianapolis, Indiana

    There are many great perks to working for Schwab. They provide you 8 hrs a year of PTO to volunteer in the community! They also provide 16 hrs of floating holiday PTO that renews each year! Those are on top of accumulated sick time and standard PTO. Plus they have a fairly decent 401k match of 5%. Not to mention after 5 years you get a 4 week sabbatical and they also provide 6 week paid parental leave that can be matched w/ FMLA time off to have more time off with baby!

  • Jan 23, 2018
    StarStarStarStarStar Former Employee in Lone Tree, Colorado

    if a couple both work at schwab there is no compensation for schwab to only pay one set of healt, dentalm vision benefits

  • Jan 04, 2018
    StarStarStarStarStar Current Team Manager in Orlando, Florida

    Wellness match $, parental pregnancy leave Worst 2 weeks vacations with a sabaticall of months every 5 years.

  • Dec 21, 2017
    StarStarStarStarStar Current Senior Manager in Raleigh, North Carolina

    The four week sabbatical every 5 years.

  • Dec 17, 2017
    StarStarStarStarStar Former Manager in San Francisco, California

    The benefit package is the one month sabbatical for every 5 years of service. Remote access is available for a lot positions.

  • Dec 11, 2017
    StarStarStarStarStar Former Broker in Austin, Texas

    5% 401k Match, HSA contribution from firm, affordable health insurance and occasional surprise bonuses as well as HSA bonus

  • Dec 19, 2017
    StarStarStarStarStar Current Employee in Orlando, Florida

    Medical coverage has $5800 deductible and Schwab now adds the amount they put towards benefits as taxable income. The rate of coverage increases faster than the annual pay increases. Medical or Maternity leave are complicated to maneuver through and lack clear communication throughout out the process unless it's in the company's favor. Remote work is not a standard option for most departments and must be requested and tracked like vacation time. High attrition throughout leadership and frequent re-organizations create a lot of downstream impact. Flexible schedules is not company wide policy. My department recently removed this option stating an employee was abusing it. Many HR decisions not centralized appear to come from single events and are knee-jerk reactions rather than strategic initiatives. Tuition is subjective to manager decision and whether they want to include on their budget proposal in the fall. Departments with more employees have more opportunity to access this benefit than smaller ones. Some holidays are paid, Christmas, NYD, MLK, Fourth of July, two floating holidays, but does not align to schedule when markets are closed or to traditional bank holidays. Cubicle set up with no space to take a personal call on break other than going outside unlike other Schwab centers. No cubicles left to expand opportunities in Orlando with all expansion happening in Texas and Denver. Orlando salaries aligned with 2nd to lowest pay scale making many underpaid and causing higher attrition rates as other Firms take up residence locally.

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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