Charles Schwab - The enthusiasm in working for Stech is long gone | Glassdoor
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There are newer employer reviews for Charles Schwab

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Helpful (4)

"The enthusiasm in working for Stech is long gone"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Network Engineer in Phoenix, AZ
Current Employee - Network Engineer in Phoenix, AZ
Doesn't Recommend
Disapproves of CEO

Pros

The company still offers above average salaries, decent benefits package, and paid sabbatical leave every 5 years. Very good and skilled IT people and some of the best co-workers to be found anywhere.

Cons

Terrible management. Company is run by bean counters now and there no vision for new technology. Penny pinching has gone to the extreme and has downsized. Schwab is also letting its older workers go, and their years of knowledge, and bringing in younger workers out of tech school as a way to cut salaries.

Advice to Management

This company's persona went out the door when Chuck left. Senior management lacks vision and thinking outside the box. Stech is much too top heavy with middle managers. Cut the fat by eliminating half the supervisors, directors and manages, and Schwab would save millions right there, and probably speed up the work flow in the process. Right now everybody is there for just the paycheck.

Other Employee Reviews for Charles Schwab

  1. Helpful (1)

    "Overall positive but advancement is frustrating"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Broker in Austin, TX
    Current Employee - Broker in Austin, TX
    Recommends
    Approves of CEO

    Pros

    They care about their employees

    Cons

    They disguise horizontal movement as advancement.

    Advice to Management

    nothing at this time


  2. "Had a great time working with some very professional and nice people."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contractor in San Francisco, CA
    Former Employee - Contractor in San Francisco, CA
    Recommends
    Disapproves of CEO

    Pros

    I have been a technical contractor at Schwab in San Francisco several times over the years and have always (well, almost always) had a great time working with the staff and managers there. think they must screen for "nice" in the hiring process.

    Cons

    As a contractor I had no complaints. The employees sometimes grumble about the annual 2% pay raises. You need to leave Schwab to get a raise they say.

There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

See Most Recent

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