Charles Schwab - Great work/life balance but difficult to progress in your career | Glassdoor
There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

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"Great work/life balance but difficult to progress in your career"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Associate in Boston, MA
Current Employee - Senior Associate in Boston, MA
Doesn't Recommend
Neutral Outlook
Approves of CEO

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

Pros

Good work life balance and flexibility. There are a lot of nice, hard working people working as associates, some weaknesses in middle management, and some intelligent hard working people in the more senior roles.

Cons

Salaries are not as competitive as other companies. Hard to move up - tend to get stuck in a position and management doesn't seem to set career goals.

Advice to Management

It is better to have less smart people and pay them more than to just keep hiring mediocre people at mediocre salaries.

Other Employee Reviews for Charles Schwab

  1. Helpful (1)

    "Broker Trainee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Broker Trainee in Denver, CO
    Former Employee - Broker Trainee in Denver, CO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Series 7 and 63 sponsorship

    Cons

    Limited upward mobility, low pay relative to competetors in town, bureaucratic environment and ineffective middle managment that rode the tech bubble to where they are today.

    Advice to Management

    Flush the mediocre management


  2. "Great place to start a career in financial industry!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Registered Representative I in Phoenix, AZ
    Current Employee - Registered Representative I in Phoenix, AZ
    Recommends

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

    Pros

    If you lack experience company is a great place to launch your career. They provide a great learning experience and provide you with the tools needed to succeed. Company's culture is great, lots of chances to move laterally if you get bored with any one position.

    Cons

    Pay is poor compared to rest of the industry. Good place to start your career, and move on. Although a meritocracy, it takes too long to advance and very few jobs actually come w/ much of a pay increase.

    Advice to Management

    Increase salaries, or at least bonuses!

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

See Most Recent

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