Charles Schwab Reviews in Arizona | Glassdoor

Charles Schwab Arizona Reviews

Updated July 9, 2017
213 reviews

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213 Employee Reviews

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  1. Helpful (7)

    "Horrible managers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager in Phoenix, AZ
    Former Employee - Senior Manager in Phoenix, AZ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Charles Schwab full-time (More than 3 years)

    Pros

    Great products with the investor in mind at all levels.

    Cons

    The worst managers I have ever experienced in my career. Our department had a 30% turnover rate over 2 years and when HR did exit interviews they would ask ... What are you going to tell me that I have not already heard?

    Advice to Management

    Stop hiring VP and MD level managers from outside the company. You are losing the culture that got you to where you are today.


  2. Helpful (3)

    "Opportunities moved out of Phoenix"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Phoenix, AZ
    Former Employee - Anonymous Employee in Phoenix, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Charles Schwab full-time (More than 10 years)

    Pros

    Solid company, financially secure, consistent bonuses, longevity of many employees.

    Cons

    Move out of San Francisco took years to manage. Morale took a hit around the company. Committed to moving jobs to Denver and Austin, limited growth opportunities for employees in Phoenix. Budgets were tight, limited ability for technical teams to stay on top of new versions, tech.

    Advice to Management

    3 years for geostrat was ridiculous. You need to manage change with more communication and project management. You have lost long term employees as you have limited the location for jobs to be staffed, obvious a cost saving activity.

  3. Helpful (1)

    "Senior Video Collaboration Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Video Collaboration Engineer in Scottsdale, AZ
    Current Employee - Senior Video Collaboration Engineer in Scottsdale, AZ
    Recommends
    Positive Outlook

    I have been working at Charles Schwab full-time (More than 5 years)

    Pros

    Great company to work for. Great benefits and work environment. You'll work with the best and brightest people in the industry.

    Cons

    Be prepared to be challenged and work long hours.


  4. "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Phoenix, AZ
    Former Employee - Anonymous Employee in Phoenix, AZ
    Recommends
    Positive Outlook

    I worked at Charles Schwab full-time (More than 5 years)

    Pros

    Great benefits, a lot of opportunity to move up, volunteering encouraged

    Cons

    Stodgy, too conservative at times. Some managers in over their heads.

    Advice to Management

    Hire from within more rather than bringing in managers from outside who don't know the Schwab culture.


  5. Helpful (1)

    "Can be a great place depending on how you network"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Phoenix, AZ
    Current Employee - Anonymous Employee in Phoenix, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles Schwab full-time (More than 8 years)

    Pros

    Schwab is a great company although the work can be demanding as with any career. People are amazing, sabbatical for every 5 years, amazing flexibility to grow within the company.

    Cons

    The pay which of course we can all argue we're underpaid/overworked but I'm not sure what that actual ratio is compared to other financial firms.

    Advice to Management

    Make sure training is realistic for people who struggle with modern classroom training style environments.


  6. Helpful (3)

    "Sr, Investment Spclst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Phoenix, AZ
    Former Employee - Anonymous Employee in Phoenix, AZ
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Charles Schwab full-time (More than 10 years)

    Pros

    Great legacy, great products and services, superb infrastructure, many career opportunities.

    Cons

    During recent years, too much favoritism, unfair internal hiring policies.

    Advice to Management

    Don't post jobs that have no chance of being filled by applicants since a preferred candidate has previously been identified.


  7. Helpful (3)

    "Great Benefits, Poor Work-Life Balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Specialist in Phoenix, AZ
    Current Employee - Relationship Specialist in Phoenix, AZ
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Charles Schwab full-time (More than a year)

    Pros

    Schwab will teach you valuable insights to the Financial Industry, and will give you all the tools you need to push your career in the financial sector where you want it to go.

    Cons

    I have found that the work-life balance is very poor. The job is very stressful, and it feels like you are chained to your desk all day long. You are limited to a 30 minute lunch, which gives you enough time to scarf down your food to get back to work. I would work somewhere else with less pay to get away from the poor work-life balance.

    Advice to Management

    Emphasize less the need to reach your target numbers, including calls. Stop focusing on the numbers aspect and emphasize the relationship building aspect of the job. Also give people more than a half hour lunch so they have more than 15 minutes to eat their food...

  8. Helpful (1)

    "Retirement Plan Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Participant Services Specialist in Scottsdale, AZ
    Former Employee - Participant Services Specialist in Scottsdale, AZ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Charles Schwab (More than a year)

    Pros

    sabbatical, good company, good benefits

    Cons

    had one really bad manager, department is looked down on, pay was below par

    Advice to Management

    better career opportunities for 401k department


  9. "broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Arizona in Tempe, AZ
    Current Employee - Arizona in Tempe, AZ
    Recommends
    Positive Outlook

    I have been working at Charles Schwab full-time (More than 3 years)

    Pros

    client focused structure, they care about progressing you as an employee.

    Cons

    repetitive work for many entry positions


  10. "Relationship Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Specialist in Phoenix, AZ
    Current Employee - Relationship Specialist in Phoenix, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles Schwab full-time (More than a year)

    Pros

    Career Development
    Management actually cares
    Great Culture
    Great Team Environment
    Colleagues are exceptional

    Cons

    Pay can be more competitive

    Advice to Management

    Pay can be more competitive, but I am impressed by how management is constantly seeking ways to help employees develop their career. Excellent corporate culture!


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