Charles Schwab Reviews in Denver, CO | Glassdoor

Charles Schwab Denver Reviews

Updated October 24, 2017
176 reviews

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Denver, CO Area

3.5
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Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
122 Ratings

176 Employee Reviews

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Pros
Cons
  • very little flexibility with scheduling due to call center requirements (in 93 reviews)

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

More Pros and Cons

  1. Helpful (6)

    "Senior manager"

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

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

    Pros

    Good benefits. Good people in Colorado offices. Not pretentious for the financial industry. For the most part you are working among hard workers. Good company culture.

    Cons

    Low salaries. Hard work. Fight to climb the ladder. I got my mba while employed at schwab and they made me take vacation hours for my classes every other Friday. Work/like balance is limited.


  2. "Great Intern Academy"

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

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

    Pros

    Interns are treated better than full-time employees. Good Pay. They have the intention of hiring you.

    Cons

    Interns are either overworked or have nothing to do.

    Advice to Management

    Bring in more guest speakers for the academy events. Better preparation for those

  3. Helpful (10)

    "Bullying and passive aggressiveness is fairly accepted here."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Lone Tree, CO
    Current Employee - Senior Software Engineer in Lone Tree, CO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    The name on your resume.

    Cons

    I have personally been bullied 3 times in my two years at Schwab, a first time in my long career. One of the VPs is actually widely known and considered "oh that just her". I have seen vindictive management at a number of levels. When I first started my employment I did recommend Schwab, I no longer woo individuals to come to Schwab. A standard joke is "we don't finger point, just make sure its someone else's fault". Project Management Group is a revolving door. Sadly I had hoped to finish my career here

    Advice to Management

    The key for you Walt is to replace your VP's and MD's. Your message down stops there.


  4. Helpful (1)

    "Fund Accounting Manager"

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

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

    Pros

    Work-Life balance is good, nice folks to work with

    Cons

    Poor organization in management, had 3 different bosses in less than three years.

    Advice to Management

    Pay good people to stay, it saves money in the long run.


  5. "IDT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IDT in Lone Tree, CO
    Former Employee - IDT in Lone Tree, CO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great company, culture and training.

    Cons

    I can't think of anything


  6. "Good Company"

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

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

    Pros

    Fast growth in Lone Tree creates opportunity to learn and move up. Good way of getting Series 7 and learning about the industry, especially since Schwab covers all aspects of trading.

    Cons

    Pay seems to be on the lower end compared to other firms in Denver.

    Advice to Management

    Turnover is very high starting out at Schwab, they should look to increase pay for entry level or create new pay grades to try to keep reps.


  7. Helpful (2)

    "Company focuses on people and innovation"

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

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

    Pros

    People focused
    Strong salary
    All employees in a bonus plan
    A 1 month sabbatical every 5 years
    Smart leadership
    Workplace is open and clean

    Cons

    Some red tape, if you don't know right level of people hard to grow
    Some client facing positions are low pay for the work
    Work flexibility is a bit limited not a lot of remote ability

    Advice to Management

    People move freely to new roles after a few years, at least on the business side; not many opportunities on the tech side...keep this at fore front to try to allow everyone in firm to find their right fit

  8. "Awesome company"

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

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

    Pros

    Friendly people
    Great culture
    Engaged workforce
    Good work/life balance
    Competitive salary and benefits
    Challenging work
    Opportunity for advancement
    Nice facilities
    Effective strategic direction

    Cons

    Schwab has some of the usual politics that come with any large corporation.
    For hourly employees, it would be nice to be able to flex your schedule.


  9. "Customer Service and Support"

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

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

    Pros

    Good company to work for, good culture. You will be required to successfully obtain your Series 7 license to have any chance for real advancement, but there are a lot of opportunities if you do.

    Cons

    If you are unable to obtain a Series 7 license, they will part ways with you after three failed attempts. Also, Schwab generally pays less for Brokers, etc

    Advice to Management

    Management is generally pretty good from my experience, no complaints.


  10. Helpful (4)

    "Disappointed"

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

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

    Pros

    Benefits are great...insurance, vacation, sick time, etc.

    Cons

    A very inefficient, passive aggressive culture. Rather than focus on collaboration and end results, it's more about covering yourself and appearing busy. Department managers are hit or miss, some are amazing, some should not be managing people. The brokerage side may be different, but the Bank is definitely treated like the red-headed step-child. High turnover within certain departments, but no one looks at why that's happening. Just sweep it under the rug.

    Advice to Management

    Be open to authentic feedback. The Engagement Survey is the least effective way to get to the root of the problems.


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