Charles Schwab - Great company/solutions, quality benefits, somewhat high turnover | Glassdoor
There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

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Helpful (1)

"Great company/solutions, quality benefits, somewhat high turnover"

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

I worked at Charles Schwab full-time

Pros

Great benefits
1 Month Sabbatical for every 5 years worked
Good products to sell, including SMA accounts, wrap accounts and insurance products.

Cons

Outdated performance review metrics led to a near complete turnover of several offices in the area.
Can you afford to take a sabbatical for one month if your performance is judged quarter by quarter?

Advice to Management

Performance reviews should be more aligned with retention and long term performance, including retention of clients currently enrolled in managed account products

Other Employee Reviews for Charles Schwab

  1. Helpful (1)

    "Great company to work for, great environment!"

    StarStarStarStarStar
    Current Employee - Broker Trainee in Austin, TX
    Current Employee - Broker Trainee in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Everyone is very passionate about the company and provided great training. They offer a good starting salary along with bonus opportunities.

    Cons

    In certain departments, the training is lengthy so they require you to stay in your role for a min. of 18 months before you may consider transferring to another position.

    Advice to Management

    Overall satisfied with the working environment.


  2. Helpful (1)

    "Great benefits. Good company overall"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Staff Software Engineer in Austin, TX
    Current Employee - Staff Software Engineer in Austin, TX
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    All the benefits. Good company culture.

    Cons

    No budget for training and development. You are on your own, Bad attitudes abound, but maybe thats just the overall culture of US companies. Its not OK to say "I dont know".
    Lots of influx from India and jobs going there as well. We will see how that works out.

    Advice to Management

    Start defining what people need to do - define their job and providing the resources for them to do it.

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

See Most Recent

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