Charles Schwab
3.1 of 5 756 reviews
www.aboutschwab.com San Francisco, CA 5000+ Employees

Charles Schwab Reviews

Updated Apr 23, 2014
All Employees Current Employees Only

3.1 756 reviews

                             

60% Approve of the CEO

Charles Schwab President and Chief Executive Officer Walt Bettinger II

Walt Bettinger II

(455 ratings)

54% of employees recommend this company to a friend
756 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "It does allow for a good work/life balance which was very important to me"
    in 65 reviews
  • "Steady Company, Does good for the employees, nice to everyone and will provide good benefits"
    in 49 reviews
Cons:
  • "It is like any other big company, phone center, production based call center"
    in 39 reviews
  • "There are very few woman and people of color in middle and senior management"
    in 23 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Would work there again

Specialist (Former Employee)

I 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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it is a challenging environment to work

Anonymous Employee (Current Employee)

I have been working at Charles Schwab as a contractor for more than 3 years

ProsIt was really good environment to work very friendly atmosphere and good managers

Consit was a day to day tasks

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

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  • No Opinion of CEO

 

I worked at Charles Schwab full time.

Anonymous Analyst (Former Employee)
San Francisco, CA (US)

I worked at Charles Schwab full-time for more than a year

ProsThe people I worked with were very nice people. Charles Schwab is a community oriented company. The hours were standard corporate hours with opportunities for overtime. The training given was also a plus.

ConsInternal politics controlled the office, and it was hard to change things.

Advice to Senior ManagementLoyalty should be rewarded more generously.

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

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Best of the brokerage firms. Great company values.

Investment Consultant (Former Employee)

I worked at Charles Schwab full-time

ProsSchwab offers thorough training that prepares you to perform your duties confidently and professionally. Employees are encouraged/required to get additional certifications. The company is extremely ethical and emphasizes the client's needs.

ConsCompany marketing initiatives and campaigns are constantly changing and rolled out too frequently. The compensation structure is complex and consists of too many variables/inputs. Quarterly targets are often set too high with seemingly little regard for the demographics of the individual branches.

Advice to Senior ManagementSimplify the compensation structure.

Yes, I would recommend this company to a friend

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Good work environment

Anonymous Employee (Former Employee)

I worked at Charles Schwab full-time for more than a year

Prosdecent pay, good management program. they pay for tuition and have good bonuses

ConsHard to move up in the company. The pay is ok but could be better

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

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Worked there for 7 years

Senior Manager (Former Employee)
San Francisco, CA (US)

I worked at Charles Schwab full-time for more than 5 years

ProsSalary, benefits, hours, nice people to work with

ConsPolitics, hard to change things, and conservative business

Yes, I would recommend this company to a friend

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Great company, good pay, long hours

Stock Broker (Former Employee)
Denver, CO (US)

I worked at Charles Schwab full-time for more than a year

Pros~Good pay, training, benefits, opportunity for advancement and movement within the company

ConsLong hours (10 hour days 4 days a week, which is nice for the 3 day weekend, of course) Difficult customers

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

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Great place if you value a strong mission statement, putting the client first, and want to work with decent people

Managing Director (Former Employee)
San Francisco, CA (US)

I worked at Charles Schwab full-time for more than 8 years

ProsGreat work/life balance
Respectful and collaborative colleagues
Strong corporate culture with honorable values
Sabbatical!

ConsMinimal growth opportunities
Half of the remaining jobs in SF will soon be leaving for Denver
Work isn't really all that interesting
Mellow culture on the surface; passive-aggressive beneath
Like all large companies, benefits are decreasing year over year

Advice to Senior ManagementMost employees feel underpaid, undervalued, and under appreciated.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Overall it was a good experience.

Anonymous Employee (Former Employee)

I worked at Charles Schwab full-time for more than 8 years

ProsGood opportunities for those who work had and set goals and meet and exceed them.

ConsIt is like any other big company, phone center, production based call center.

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

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Ok to start your career

Project Manager (Current Employee)
San Francisco, CA (US)

I have been working at Charles Schwab full-time for more than 10 years

ProsGreat culture and nice people work here. Found some life-long career buddies here. If you are looking for a firm that really believes that they help the public, then look no further. These guys invented it.

ConsBonus structure and abundance of mid-level managers offer a stagnant CYA corporate environment. This is due to the size of the organization.

Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Charles Schwab reviews and ratings - including employee satisfaction and approval ratings for Charles Schwab CEO Walt Bettinger II. All 756 reviews are posted anonymously by Charles Schwab employees.