Charles Schwab - Generally a good company to work for. Like any large company it has niches of excellence. | Glassdoor
There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

See Most Recent

Helpful (1)

"Generally a good company to work for. Like any large company it has niches of excellence."

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

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

Pros

Historically a technology focused company, and still strives to be a technology forerunner.

Cons

Few promotional opportunities. Usual pattern is to give employees more responsibilities without actually granting a promotion or raise.
Management can be inconsistent, some excellent managers, others not so.

Other Employee Reviews for Charles Schwab

  1. Helpful (10)

    "Used to be employee focused- now it's all about shareholders & management greed"

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

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

    Pros

    if you are fresh out of college- come get licensed & move out of Schwab quickly,
    if you are twenty something aspiring to manage people- drink the cool aid, latch on to a director and prove you will do anything for the company.

    Cons

    - no respect for long ternured employees with 10-20 years of service
    - pay is far below the competitive range in the financial services industry
    - pay more for your healthcare while make you less year after year as bonuses and annual merit increases shrink and disappear
    - management focused purely on metrics, performance and NOT on the overall well being of employees.
    - employees are just cogs in the machine- when it breaks- replace it with a shiny new one
    - no career advancement- except for the cool aid drinkers and favorite manager's pets

    Advice to Management

    - come out of your ivory towers and see how "real working folks" support your lifestyle and stock options
    - have some empathy & start rewarding and paying CFP professionals better OR once we get a stronger employment cycle- you will see an exodus of talent out of schwab' door compliments of your greed, short sightedness, and lack of accountabliity to the most important asset you have- the talented but very unappreciated people working at schwab.


  2. "Solid company with a conscience"

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

    I worked at Charles Schwab full-time (More than 8 years)

    Pros

    Good work-life balance, good understanding on the industry

    Cons

    Depends on your supervisor, mangers at Schwab have a lot of leeway to manage their teams

    Advice to Management

    More consistent management experience

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

See Most Recent

Work at Charles Schwab? Share Your Experiences

Charles Schwab
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or