Charles Schwab - Great place to work | Glassdoor
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There are newer employer reviews for Charles Schwab

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"Great place to work"

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

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

Pros

Opportunities to advance
Listen to employees
Learn stock markets

Cons

Lots of red tape
E erything must pass by legal

Other Employee Reviews for Charles Schwab

  1. Helpful (6)

    "Micromanagers and Bullying Culture Dominate Schwab"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Product Manager
    Current Employee - Senior Product Manager
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    -- Nice facilities
    -- Wellness reward ($250/yr)
    -- Quarterly bonus

    Cons

    After working in corporate America for over decade, I'd have to say that some of the worst micromanaging occurs here. If you're looking for a career where you work more autonomously, do not apply at Schwab. Many of the managers here also see only one way of doing things. I think this is why Schwab struggles so much with innovation. If you don't do things your manager's way, it's wrong.

    There's also a bullying culture at Schwab. I've seen a number of other posts related to this on here. VPs, Directors and even some Sr. Mgrs are bullies in the workplace, putting others down when they get the opportunity. The sad part is even if you report them, nothing gets done. I'm aware of two HR complaints filed against individuals for bullying and those two people have not been removed from the company or even demoted. One manager who managed a bully even admitted he didn't know how to deal with his bullying report. Because he didn't know how to handle the situation, nothing was done.

    I would not recommend working for Schwab. It has not been a good experience for me and a number of folks I know.

    Advice to Management

    Deal with the bullying complaints before Schwab really gets in trouble.


  2. Helpful (3)

    "Not the best for Financial Consultants"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant
    Current Employee - Financial Consultant
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great for clients that are self directed. Many tools and excellent website

    Cons

    Horrible if you are a Financial Connsultant. They pull you in 10 different directions at the same time and the pay is poor. They are changing compensation and is going to be even worse unless you live in one of the bigger markets.

    Advice to Management

    Eliminate the good old boy club and start hiring talent from outside Schwab.


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

See Most Recent

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