Charles Schwab - Good culture but the company needs to do more to keep its employees | Glassdoor
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There are newer employer reviews for Charles Schwab

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"Good culture but the company needs to do more to keep its employees"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Premier Lending Associate in Englewood, CO
Former Employee - Premier Lending Associate in Englewood, CO
Doesn't Recommend
Neutral Outlook
Approves of CEO

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

Pros

Benefits are great. I met some very smart and hardworking people at Schwab, its a shame that they arent rewarded like they should be.

Cons

Pay is on the low end for most entry level type jobs and the company hasn't given good raises or bonuses since 2007. While I was there, the attitude from leadership seemed to be one of "If you don't like your job than hit the road because we can find someone else." What ever happened to viewing employees as assets rather than seat fillers?

Advice to Management

Work harder to reward everyone who does a good job, not just the top 5% of performers. Stop making excuses on why you can't pay more and become more competitive with peer companies in terms of compensation.

Other Employee Reviews for Charles Schwab

  1. Helpful (3)

    "good luck"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Consultant in Chicago, IL
    Former Employee - Financial Consultant in Chicago, IL
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    Well respected brand, with strong marketing and walk in traffic

    Cons

    a nearly impossilble to understand, ever changing compensation quota system.
    A near cult like culture, don't even think about straying from company line no matter how innocent you think a suggestion might be.


  2. "Great for entry level"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Advisor in Orlando, FL
    Former Employee - Advisor in Orlando, FL

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

    Pros

    Good benefits (vacation time, sick time, good health benefits). Good salary. Very good image for clients and future employers. Great traning

    Cons

    Very little input into workflow even if you can improve it. New employees usually gets assigned to late shifts. Opportunity to move to other departments, but it is mostly horizontal

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

See Most Recent

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