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Charles Schwab

Engaged Employer

Charles Schwab

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Employee Review

  1. 5.0
    Former Employee

    CHARLES SCHWAB EXPERIENCE

    Jan 12, 2023 - Financial Services Representative 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great salary and bonus structure. Fantastic benefits. Generous PTO. Completely remote in the beginning and then went to limited hybrid role, one day per week on campus. Excellent training and mentorship from management. Managers are very supportive for career progression. Full pay for 5 weeks of remote exam prep. It's a wonderful experience for finance industry beginners!

    Cons

    30 minute lunch and two 15 minute breaks, even for 10 hour shifts. While working remote that is not a problem. My schedule was 4X10 and we had Wednesdays off and weekends which was an added bonus. no other cons!

    32 people found this review helpful

    Charles Schwab Response

    Thank you for your feedback! We appreciate you taking the time to share your input. We value and appreciate your hard work at Schwab!

  1. 5.0
    Current Employee

    Great

    Jun 6, 2023 - Financial Consultant in Portland, OR
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good company to work for

    Cons

    Please see above. Okay thanks

    Be the first to find this review helpful
  2. 2.0
    Current Employee, more than 5 years

    Lack of genuine respect for employees

    May 9, 2023 - Software Engineer 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Some organizations within Schwab are led by incredibly intelligent and respectful people who do their best to protect their employees from the harmful parts of the broader company culture.

    Cons

    - While orgs vary greatly, I find the culture here to reward toxic workplace behavior. Most teams I have worked with foster an environment where burning yourself out and engaging with your coworkers in a way that does not respect work-life boundaries for the sake of temporarily increased productivity is highly encouraged. - Again, depending on the org, many early career hires will find their careers suffer if they stay for too long. Not only in the sense that annual raises are minimal, but also in how many people find themselves pigeonholed into narrow roles where they are unable to develop skills that align with any meaningful career trajectory. - Organizational direction changes constantly. Large initiatives are perpetually added, removed, and reprioritized. I find that it is often not in the best interest of the organization or employees who work in them, but rather to appease the sense of power of the constantly cycling leaders.

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    5 people found this review helpful

    Charles Schwab Response

    Thank you for your feedback. As a firm, we care about nurturing employees’ growth, development, and ability to create positive change across the field of finance. We also pride ourselves on providing outstanding compensation, benefits, work life balance, and training. If this has not been your experience, we encourage you to reach out to your manager or HR representative.

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