Charles Schwab Project Manager Reviews | Glassdoor.com.au

Charles Schwab Project Manager Reviews

Updated Oct 17, 2019

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3.2
StarStarStarStarStar
Rating TrendsRating Trends
14%
Recommend to a Friend
58%
Approve of CEO
Charles Schwab CEO Walt Bettinger II
Walt Bettinger II
31 Ratings
  1. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Project Manager in Westlake, OH
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I loved working at Schwab - the environment was great!

    Cons

    I don't have really any cons.

    Charles Schwab2019-10-13
  2. "Good company, great learning opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - IT Senior Project Manager in Boulder, CO
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Charles Schwab for more than a year

    Pros

    Good company, great learning opportunities. They really protect their employees

    Cons

    Important to be precise, which is not problem.

    Charles Schwab2019-10-08
  3. "Schwab values new hires over internal employees."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Technical Project Manager in Austin, TX
    Doesn't Recommend
    Positive Outlook
    No Opinion of CEO

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

    Pros

    Pay and benefits are designed to make you stick around. Most people are nice to your face.

    Cons

    Be prepared to be hired for the skills you bring to the table, and to have them sucked dry and left with nothing new. Schwab doesn't value its current employees. This is evidenced by it's layoffs that occur at the same time as it's acquisitions. The firm makes a big deal about promoting the health of it's employees, however not one of it's multiple massive campuses nationwide has an onsite workout facility. It's... all show and talk at Schwab. Senior Management is now all coming from a banking environment due to Schwab's business model, and we are now seeing the results.

    Show More

    Advice to Management

    Have some integrity...practice what you preach.

    Charles Schwab2019-10-17
  4. Helpful (1)

    "Old School"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Project Manager 
    Doesn't Recommend
    Positive Outlook
    No Opinion of CEO

    I have been working at Charles Schwab full-time for more than 3 years

    Pros

    Cool name/brand/Potential for Growth in Organization(if you know the right people)

    Cons

    Lots of the people in this part of the business have been in the role for 20+ years and want to keep things as they are and aren't willing to try innovative. It feels like a boys' club most of the time.

    Charles Schwab2019-09-25
  5. Helpful (4)

    "Used to be great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Project Manager in Austin, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Charles Schwab full-time for more than 3 years

    Pros

    - Work/life balance still better than most companies - New Austin campus has lots of amenities like yoga and chair massage (unless you're stuck on the old campus) - Most of the people are pretty cool - If you get on the right team, it can be fun

    Cons

    - Software arm of the company is way behind, so you'll be working on outdated methods and tech stacks, and there's no education budget - No appetite for risk, even though they say they want to experiment, so theres pressure to be like a startup without actually being able to do things that startups do - People with no actual experience are put in charge , lots of politics, the "Digital Transformation" isnt really... transforming anything its just a buzz word If you're thinking about taking a job there, maybe wait a year for the economy to even out, it isnt stable work right now and everyone is freaked out about layoffs

    Show More

    Advice to Management

    Follow your own leadership principles, take risks, spend money on educating your loyal employees instead of hiring people from buzz word companies who dont actually know how to transform Schwab into the company it wants to be

    Charles Schwab2019-09-24
  6. Helpful (2)

    "Great pay but horrible culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Project Manager in Lone Tree, CO
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Charles Schwab full-time

    Pros

    Signing bonus High salary Onsite perks like cafe Employee interest groups

    Cons

    Lack of strategy and planning for some departments Frequent changes in sr leaders led to lack of strategy and progress Lack of values/moral alignment

    Charles Schwab2019-09-05
  7. Helpful (3)

    "Shareholders are king"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Project Manager 
    Approves of CEO

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

    Pros

    Benefits are still good. Work/life balance is excellent. I do enjoy the people I work with, very collegial. The projects I work on are generally enjoyable as well.

    Cons

    The biggest con by far is Shareholders are valued way too much, the hierarchy is a mess. Trickle down economics at its worst. Vacation time, although good, could be better, capped once you hit 10 years.

    Advice to Management

    Correct hierarchy should be: Clients, employees, then non-employee shareholders. And if you can’t fix the hierarchy work hard to better balance the value returned to shareholders and employees.

    Charles Schwab2019-02-11
  8. Helpful (1)

    "Great Place, Average Pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Project Manager in Lone Tree, CO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Culture, Work Life Balance, Flexibility, Benefits are ok.

    Cons

    Salary is sub-par. Get aligned with the rest of Denver. You say you are, you clearly are not.

    Advice to Management

    Chuck rules. More face time in Denver.

    Charles Schwab2018-04-03
  9. Helpful (3)

    "Technical Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Technical Project Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Schwab is one of the best places to work as far as providing fundamental benefits. They’ll never short change you.

    Cons

    Favoritism is a key factor in upward mobility. You may outperform your peers, but if you’re not with the in-crowd, you’re out of luck.

    Charles Schwab2018-01-20
  10. Helpful (6)

    "Business Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Project Manager in Lone Tree, CO
    Neutral Outlook
    Approves of CEO

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

    Pros

    Decent pay, intelligent employees, respected company

    Cons

    Some departments are hit or miss with respect to good managers. Reorgs are continuous, employees moved to different groups, and job types with no consideration for individual's intended career path. Small cubes in noisy cube-farm spaces for all job types below Director.

    Advice to Management

    Talk to your employees about their career plans before moving then to other groups. What is up with your work from home policy? When a lot of us sit all day on WebEx calls with associates all over the US, why do we have to be in a noisy cube-farm office and need VP approval to work remotly?

    Charles Schwab2017-11-24
Found 45 reviews