Charles Schwab

www.schwab.com
Employer Engaged

Charles Schwab Reviews

Updated 25 February, 2015
Updated 25 February, 2015
951 Reviews
3.2
951 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
562 Ratings

Review Highlights

Pros
  • It does allow for a good work/life balance which was very important to me (in 80 reviews)

  • good benefits especially Sabbath every five years (in 59 reviews)


Cons
  • Not much room for growth in Indy unless you want to stay in a call center (in 45 reviews)

  • There are very few woman and people of color in middle and senior management (in 25 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Love working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Great reputation, room for growth, good benefits, great corporate culture

    Cons

    I often feel I'm underpaid

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good company that is very investor focused. Pay is good for certain roles.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Portfolio Consultant in Denver, CO (US)
    Current Employee - Portfolio Consultant in Denver, CO (US)

    I have been working at Charles Schwab

    Pros

    Very investor focused, not any pressure to sell

    Cons

    Pay could be a little better

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Senior Team Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in Chicago, IL (US)
    Current Employee - Senior Manager in Chicago, IL (US)

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

    Pros

    Schwab is a great collaborative environment. The employees are extremely motivated and caring employees! Company has great values and treats its people with respect.

    Cons

    Being in a regulated industry, thing can move a little slower at times.

    Advice to ManagementAdvice

    Schwab believes in personal growth and provides training and resources to help you progress your career.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    It is one of the best company that gives maximum service to its employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tableau Developer in Lake Hiawatha, NJ (US)
    Current Employee - Tableau Developer in Lake Hiawatha, NJ (US)

    I have been working at Charles Schwab

    Pros

    environment makes us to feel happy

    Cons

    Competitive Work experience balancing life.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Great people and good work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in San Francisco, CA (US)
    Current Employee - Senior Manager in San Francisco, CA (US)

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

    Pros

    I have worked at many different companies and can honestly say that Schwab hires very professional, highly talented, REALLY NICE people. Management goes out of their way to let you know how appreciated you are. I have learned so much from the people I work with, in this very collaborative environment.

    Plus you get a 4 week sabbatical every 5 years. It's a really nice perk.

    Cons

    promotions are hard to come by.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Charles Schwab

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President, Financial Consultant in New York, NY (US)
    Current Employee - Vice President, Financial Consultant in New York, NY (US)

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

    Pros

    Very transparent company to work for, easy to provide a value proposition to clients.

    Cons

    Not always the best at marketing themselves including chosen locations, although getting better

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    VP, Financial Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President, Vice President in Los Angeles, CA (US)
    Former Employee - Vice President, Vice President in Los Angeles, CA (US)

    I worked at Charles Schwab full-time (more than 10 years)

    Pros

    Nice working environment. No micro management. Colleagues are supportive.

    Cons

    HIgh sales pressure. Intense relationship with senior managment if the goals are not met.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  9.  

    Clients are #1, employees at every level are treated well.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Charles Schwab full-time

    Pros

    Schwab has a mission that permeates the culture of the firm--to help all investors.

    Cons

    Payscale is on the low side. Benefits are pretty good; vacation for senior roles is below standard.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Charles Schwab

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Consultant in Chicago, IL (US)
    Current Employee - Financial Consultant in Chicago, IL (US)

    I have been working at Charles Schwab

    Pros

    Great place to work, so much fun, I loved it, it is awesome

    Cons

    stuff that is bad is only bad when stuff happens, and stuff is good so that is great stuff

    Advice to ManagementAdvice

    do it

    Recommends
    Positive Outlook
    Approves of CEO

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