Charles Schwab - Working at Schwab is not for the faint of heart. | Glassdoor
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There are newer employer reviews for Charles Schwab

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Helpful (7)

"Working at Schwab is not for the faint of heart."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Managing Director in San Francisco, CA
Current Employee - Managing Director in San Francisco, CA
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

Pros

Time passes quickly because there is so much work to do because most departments are understaffed; employees have very strong work ethic and want to do the right thing for Schwab's clients.

Cons

Few opportunities for movement for existing employees in San Francisco; few promotional opportunities for director level employees; culture does not promote work/life balance; leadership priorities change often leaving everyone scrambling; frequent organizational restructures with little regard for employee skills, experience, career interest or desires; only the projects deemed"sexy"receive recognition with monetary reward heavily weighted towards those leading them;

Other Employee Reviews for Charles Schwab

  1. Helpful (1)

    "Meh."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisor Services Representative in Maitland, FL
    Current Employee - Advisor Services Representative in Maitland, FL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Lots of opportunities to do a lot of work. Great resume builder.

    Cons

    Does not compensate for all of the work that they allow you to do.

    Advice to Management

    Drop the phony corporate cheerleading and loosen the purse strings.


  2. Helpful (3)

    "A great company that is not so great to work for."

    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
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Good vision, product & services; relevant to the marketplace. Legally and ethically sound organization. Promotes diversity in management. Strong group of employees.

    Cons

    If you are hired in below your experience (something that happens to many in this economy) you will almost never advance. Low pay compared to similar jobs with other companies. Culture is very slow to consider or accept change. Lower level managers/directors are more motivated to pace themselves and their teams to extend their job security. Bureaucracy rules and mediocracy is the result.

    Advice to Management

    Ask of each director, "do you have 20 years experience or 1 years experience - 20 times?"

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

See Most Recent

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