Charles Schwab - Overall, great company to work for | Glassdoor
There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

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"Overall, great company to work for"

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

I have been working at Charles Schwab full-time (More than 5 years)

Pros

Top notch technology and systems. The back office personnel are excellent and there are great resources available to find information quickly. Products and Managed Accounts are very cheap for the clients, so it is easy to sell what Schwab has to offer.

Cons

It is a large corporation and does not necessarily value constructive criticism of the processes that have been set in place.

Advice to Management

For the Financial Consultants, compensation is very difficult to track and understand.

Other Employee Reviews for Charles Schwab

  1. "By far the best employer that I've ever worked for."

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

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

    Pros

    Schwab is very particular about the worker that they hire. They will not only test your skills, but your personality and fit for culture as well. Benefits are generous, although there is very little if any tuition reimbursement. VERY good work and life balance. Ample opportunity for advancement. Senior leaders are very smart, tuned in, and actually care. All of them answer e-mail. Will your CEO answer an e-mail with a well thought-out answer that you send him? Walt will.

    Cons

    Pay can be slightly below market in some areas. Company re-organizes frequently which can be confusing. You must be able to prioritize and juggle many projects at once. Lots of drive-by and last minute "this must be done now" requests.

    Advice to Management

    This company is great because it's full of smart, talented people. Schwab is a huge target of head hunters looking to steal your greatest assets. Keep this in mind when computing bonus payout percentages.


  2. Helpful (3)

    "Great place but beware contract"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing/Creative in Austin, TX
    Former Employee - Marketing/Creative in Austin, TX
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great people producing really good work. Management is supportive and knowledgeable. The offices are decent and the cafeteria is really good (but overpriced). Overall a really good place to work

    Cons

    A large portion of people are technically full-time, in-house contract workers instead of employees, which saved Schwab money at your expense. Contract people come and go, often as a result of fluctuating budgets and through no fault of their own, so many people never get confident that they are going to be there long, so it's very unnerving.

    Advice to Management

    Stop the practice of signing so many people to contracts. If they seem like a good asset, hire them. It's borderline unethical.

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

See Most Recent

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