Charles Schwab Reviews | Glassdoor

Charles Schwab Reviews

Updated June 14, 2018
1,932 reviews

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3.5
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Approve of CEO
Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
1,126 Ratings

1,932 Employee Reviews

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Pros
  • "so for those that state the company is not committed to Work/Life balance, they are wrong" (in 177 reviews)

  • "Stable job, friendly staff and great benefits" (in 120 reviews)

Cons
  • "Sometimes resembles a call center atmosphere" (in 104 reviews)

  • "Work-Life balance is non-existent" (in 38 reviews)

More Pros and Cons

  1. Helpful (1)

    "Good Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Paid training. Lots of networking opportunities

    Cons

    Overall Salary compared to other smaller firms.


  2. "Great place to grow"

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

    I have been working at Charles Schwab full-time

    Pros

    Great company to start, learn and grow your career in the investment services business.

    Cons

    Very difficult to break into management. Someone has to die or win the lottery before a managerial position opens.

    Advice to Management

    Stop salivating over the bank margins and support the core of the business; the investment side of the business. If the bank game ends, and eventually it will, its game over on the current path.

  3. "Charles Schwab is the BEST company I've ever worked for..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Charles Schwab full-time

    Pros

    They don't micro manage. They leave you alone. You do your job, they leave you alone.

    Cons

    The pay is lower than most companies of this size. That is all.

    Advice to Management

    Management is GREAT !


  4. "Satisfied"

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

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

    Pros

    - Sharp people. If they got hired, they’re competent.
    - Teams are great, and the work is challenging,
    - Management at the MD/ VP level very engaged
    - Pay is competitive if you fight for it

    Cons

    - Not much to speak of regarding employee wellness programs
    - During hiring initiatives, it’s rare to see advancement within groups
    - Fortune 500 red tape
    - Very little focus on career paths for current employees
    -


  5. "Team Manager"

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

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

    Pros

    Good interaction with clients and your representatives, career growth

    Cons

    Yearly surveys can effect the manager review even though questions are mostly regarding the company.

    Advice to Management

    Stay engaged more with your managers to get the employee pulse


  6. "Excellent Company"

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

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

    Pros

    Clear direction.
    Ethical business practices
    Pro employee outlook

    Cons

    Nothing bad to say...they did the best they could do by me.


  7. "Great Work Life Balance and Room for Growth"

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

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

    Pros

    Flexible Schedule Options, Overtime Available, Great Managers

    Cons

    18-24 month commitment to role before changing departments, primarily phone calls in entry level role

  8. "Great company to work for"

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

    Pros

    Great culture and employee benefits

    Cons

    No cons at this time


  9. "Great Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Austin, TX
    Current Employee - Financial Services Representative in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Schwab does a good job of educating their employees and providing information and tools.

    Cons

    No cons at this time.

    Advice to Management

    Keep it up!


  10. "Senior Relationship Specialist"

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

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

    Pros

    Amazing Culture
    Amazing Management
    Pay and Bonuses
    Training and Licensing
    Good Looking Women working there

    Cons

    breaks are only 15 minutes and lunch is only 30. We work extremely hard all day and then are expected to be back at desk at specific time. building is huge. takes 5 minutes to walk outside and 5 mins later time to go back up or your late. IF you call out sick a few times you're looked at as being a bad employee. Also holidays are terrible, hard to get off as we are busy during tax seasons.

    Advice to Management

    Give work/life balance a little more attention, let people work from home a day or two each week, give more vacation time for people's families, host more EVENTS for your staff, all kinds of events hosted for management to attend and we are left in the dust. Please give more awards and recognition to people who go above and beyond, if you don't move up people you will be stuck in your same role for many years. MOVE AROUND. lateral promotions


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