Charles Schwab Reviews in Denver, CO | Glassdoor

Charles Schwab Denver Reviews

Updated August 12, 2017
80 reviews

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Denver, CO

3.9
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Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
56 Ratings

80 Employee Reviews

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Pros
Cons
  • very little flexibility with scheduling due to call center requirements (in 86 reviews)

  • The work life balance that is advertised is inaccurate (in 30 reviews)

More Pros and Cons

  1. "Client Banking Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Banking Services in Denver, CO
    Former Employee - Client Banking Services in Denver, CO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good team work, resources, support groups. Schwab is a great company that excels in providing great service at a low cost to clients. Great moral between employees and different groups. More than other Financial Service Companies. Benefits are good, sabbatical and flex time provides good balance between work and family. Schwab gives plenty of opportunities to those who want to grow in the company and make career. Non discriminating environment.

    Cons

    Some times in some groups potential growth depends also on your manager. A lot of the positions start as other call center positions, long hours and short breaks, however, there is plenty of support and it gets better as you get more experience. Competition between peers is high. It can make you feel that you are not performing well enough sometimes.

    Advice to Management

    Improve salary, hourly rate and training for the Series licenses, perhaps with feedback from senior employees who recently passed the exam. Provide a visual career path during 101s.


  2. "Love it!"

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

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

    Pros

    Great work life balance and a lot of focus is placed on employee engagement.

    Cons

    Need to work on having more structured development plans.

  3. "Great atmosphere"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Intern Marketing in Denver, CO
    Current Intern - Intern Marketing in Denver, CO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles Schwab as an intern (Less than a year)

    Pros

    Company culture is second to none.

    Cons

    Many different business areas makes role overwhelming at times.


  4. Helpful (1)

    "Relationship associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Stock Broker in Denver, CO
    Current Employee - Stock Broker in Denver, CO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Grata work life balance! Mostly good leaders. Tuition reimbursement, great people to work with. HSA and child care reimbursement is great too!

    Cons

    Hard to get out of call center. Starting salary can be low for the Denver area. 18 month time in job requirement

    Advice to Management

    Pay the people of Denver better... someone with this level of responsibility should be compensated well.


  5. "Great Employer"

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

    I have been working at Charles Schwab (More than 10 years)

    Pros

    Great work environment with positive leadership and many career development opportunities.

    Cons

    Can be difficult to make vertical moves, but lateral moves can expand your knowledge and afford multiple upward opportunities for highly skilled individuals.


  6. Helpful (3)

    "Revolving door policy at Charles Schwab in Denver location"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Applications Developer in Denver, CO
    Former Employee - Senior Applications Developer in Denver, CO
    Doesn't Recommend
    Negative Outlook

    Pros

    Good company to work at your first year.

    Cons

    On your second year they will harass you on your performance to get you out of the door. If you want to transfer to another group you have to renegotiate your salary and your 2 year cycle begins again.

    Advice to Management

    Charles Schwab investment management group is a worst place to work for.


  7. Helpful (3)

    "Don't Do It"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Market Timing Specialist in Denver, CO
    Former Employee - Market Timing Specialist in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    The work you perform is very rewarding, it has sound and immediate impact to the company's overall objective and mission. People are friendly and willing to go out of their way to help you. Great software tools they are using for their trading. You are surrounded by people always pushing the status quo and going above of beyond, not settling for the simple answer and analyzing more than necessary.

    Cons

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    I worked there (More than a year)
    Pros
    The work you perform is very rewarding, it has sound and immediate impact to the company's overall objective and mission. People are friendly and willing to go out of their way to help you. Great software tools they are using for their trading. You are surrounded by people always pushing the status quo and going above of beyond, not settling for the simple answer and analyzing more than necessary.
    Cons
    Management isn't always forward thinking. Very bureaucratic. Can be extremely political, you do have to kiss butt to the right people to move up the ladder, which is extremely slow. In the headquarters, the culture and climate is good but people do act like their poop doesn't stink. This is also noticeable in the company holiday party and summer socials/ happy hours. Compensation lags a bit behind what other competitors pay for the same position in the Denver metro area.

    Advice to Management

    Hurry up and retire

  8. Helpful (4)

    "Focused on Clients, Not Employees"

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

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

    Pros

    Schwab is conservative, but very focused on clients. The benefits are good, and there is a reasonable work-life balance, depending on your department and job role.

    Cons

    My department had a complete lack of vision and direction, which made for an extremely unstable work environment. Reorganizations happen at least once (sometimes twice) a year, and most come with layoffs or a noticeable volume of employee turnover. Managers are focused on their next ladder move and their "likability," and tend to ignore important personnel and project issues. Trending business/industry models and theories are implemented, only to be disregarded within months when nothing immediately changes. There is little to no employee onboarding or additional training/development after you start, so new employees have to figure things out on their own or make up their own rules. The company places little value on technology, and is behind the curve in providing necessary software and data management tools. Promotions and advancement opportunities are extremely difficult to obtain, and moving to job roles in different departments is next to impossible.


  9. "Workforce Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Workforce Analyst in Denver, CO
    Current Employee - Workforce Analyst in Denver, CO
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great coworkers, semi flexible schedule

    Cons

    paid hourly, expensive health insurance, stringent on working from home, vacation accrual is not great

    Advice to Management

    Keep inspiring the phone professionals to put clients first


  10. "Advisor Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisor Consultant in Denver, CO
    Current Employee - Advisor Consultant in Denver, CO
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Sabbatical, maternity and paternity leave, healthcare, time to volunteer, 401K, employee stock purchase plan.

    Cons

    Compensation. Compensation. Compensation. Compensation. Compensation.


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