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

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"Good place to work"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Staff Software Engineer in San Francisco, CA
Current Employee - Senior Staff Software Engineer in San Francisco, CA
Recommends
Neutral Outlook
Approves of CEO

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

Pros

Good work/life balance
Stable company
Good salary and benefits
Paid Sabbatical every 5 years is truly awesome

Cons

A little bureaucratic/political, especially between internal groups
Not all of your fellow employees are fully engaged
Company is very conservative when it comes to new technologies

Other Employee Reviews for Charles Schwab

  1. "For the most part this was a good work environment"

    StarStarStarStarStar
    Former Employee - Administrator in Coppell, TX
    Former Employee - Administrator in Coppell, TX

    I worked at Charles Schwab full-time (More than 5 years)

    Pros

    Great benefits, friendly co-workers and good location

    Cons

    Working long hours during month end. Managers micro manage

    Advice to Management

    Management needs to stop micro-managing


  2. Helpful (1)

    "Good company values, but just "okay" collegues"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Phoenix, AZ
    Current Employee - Senior Manager in Phoenix, AZ
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Charles Schwab full-time (More than 8 years)

    Pros

    -Company has a strong moral compass. You can sleep well at night
    -Very good relationship with employees. Seldom do you see layoffs, division removals, etc..
    -Clients like doing business with the company (for the most part - see below)
    -If you are smart and work hard, easy to move up quicker than other companies

    Cons

    -Technology is very dated. Most employees still run Office 2003 and Windows XP, along with mainframe applications
    -Employees tend to be older and have little ambition. This creates a workforce of people who are not good at innovating and are averse to change
    -Client-facing technology is also dated, and this makes it hard for clients to do business with Schwab. This also creates many client escalations and stress-points
    -Pay and bonuses are lower than other broker/dealers

    Advice to Management

    Move your stale, non-innovative employees out of the company. Shift away from mainframe and get the company into the 21st century. Stop telling everyone you are a "Challenger Brand" when you hardly ever innovate on anything important. It's annoying and no employees believe in it.

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

See Most Recent

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