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Charles Schwab
3.1 of 5 573 reviews
www.schwab.com San Francisco, CA 5000+ Employees
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Charles Schwab Reviews

Updated May 22, 2013
Charles Schwab – San Francisco – “Exterior of 215 Fremont Street”

All Employees Current Employees Only

3.1 573 reviews

                             

57% Approve of the CEO

Charles Schwab President, CEO, and Director Walt Bettinger II

Walt Bettinger II

(336 ratings)

53% of employees recommend this company to a friend
573 employee reviews
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  • Culture & Values
         
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  • Senior Management
         
  • Comp & Benefits
         
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  • Approves of CEO

 

Former Employee – worked at Charles Schwab full-time for more than 3 years

ProsClient and employee driven. Great place to work.

ConsThey could pay more to the superstars.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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San Francisco, CA (US)

Current Employee – been working at Charles Schwab full-time for more than 3 years

ProsManagement was competent and always open to suggestion.

Consnone that I can think of!

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Approves of CEO

 

Austin, TX (US)

Current Employee – been working at Charles Schwab full-time for less than a year

ProsEveryone is very passionate about the company and provided great training. They offer a good starting salary along with bonus opportunities.

ConsIn certain departments, the training is lengthy so they require you to stay in your role for a min. of 18 months before you may consider transferring to another position.

Advice to Senior ManagementOverall satisfied with the working environment.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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Former Employee – worked at Charles Schwab full-time

ProsGreat benefits
1 Month Sabbatical for every 5 years worked
Good products to sell, including SMA accounts, wrap accounts and insurance products.

ConsOutdated performance review metrics led to a near complete turnover of several offices in the area.
Can you afford to take a sabbatical for one month if your performance is judged quarter by quarter?

Advice to Senior ManagementPerformance reviews should be more aligned with retention and long term performance, including retention of clients currently enrolled in managed account products

Yes, I would recommend this company to a friend

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  • Culture & Values
         
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Phoenix, AZ (US)

Current Employee – been working at Charles Schwab full-time for more than a year

ProsPork, lovers smorgasbord, who needs beef when your managers buy you breakfast and lunch which consist of Hawaiian, sausage and mushroom pizza’s, Ham subs… breakfast burritos with bacon and eggs or eggs with sausage or ham.

ConsNone Schwab feeds you 3 days straight!

Advice to Senior Managementkeep feeding us!

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Phoenix, AZ (US)

Current Employee – been working at Charles Schwab full-time for more than a year

ProsIf 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.

ConsPay 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 Senior ManagementIncrease salaries, or at least bonuses!

Yes, I would recommend this company to a friend

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Former Employee – worked at Charles Schwab

ProsGood benefits, opportunity for growth, close to home, leader in the industry

ConsPolitically intense, Boring atmosphere, Some departments have a superior complex over others.

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San Francisco, CA (US)

Former Employee – worked at Charles Schwab full-time for more than 7 years

Prosgreat culture, smart co-oworkers, great work life balance

Conscompensation cant compete with others in the financial services space

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Denver, CO (US)

Current Employee – been working at Charles Schwab full-time for more than 10 years

ProsTuition reimbursement. Opportunities for those that are proactive and work hard. Great place to start career in financial services.

ConsCall center work is not for everyone.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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Former Employee – worked at Charles Schwab

ProsTalented Individuals working for their clients

ConsLimited mobility in field sales

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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