Great co-workers but challenging transition post-acquisition - Sr Manager Software Development & Engineering Charles Schwab Employee Review

3.0
28 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Decent offices, good but not great comp packages relative to other FinTech options in my city. Amazing co-workers and an interesting product suite. Solid tech if a bit long in the tooth. It's great working for a winning team and Schwab is nothing if not a success story in the discount brokerage industry. It's telling that despite leaving on something of a downbeat I am still a loyal customer.

Cons

I was there at the worst possible time probably; I was acquired along with the rest of TDAmeritrade (which I think I gave 4 or maybe even 5 stars: lost my history with the Indeed/Glassdoor migration), and in addition to the dysfunction that follows any such M&A activity there was ... COVID. I found that where TDA had done a great job of treating "Human resources" as people Schwab saw us more as Resources. Very top-down, very my way or the highway. Schwab was more base-pay centric while TDA was more entrepreneurial with it's comp and other benefits.

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Charles Schwab Response
5d
A balanced review like this helps show the full picture. Collaboration is a big part of how we work, and it is good to see that reflected here with the strong relationships and teamwork you highlighted. At the same time, employee input plays an important role in how we evolve, and we will share what you raised around the transition experience. Feedback like this gives teams a more complete picture of what employees value and where more progress is needed. Thanks again for taking the time to share this review.

Explore other reviews about Charles Schwab

5.0
9 May 2026
Recommend
CEO approval
Business outlook

Pros

Great work environment Excellent values and customer advocacy

Cons

Limited growth outside of client facing roles.

3.0
29 June 2026
Recommend
CEO approval
Business outlook

Pros

Great clients, decent benefits, acceptable pay, excellent training for when you move on.

Cons

Pay below competitors, constant inbound calls, stringent metrics that tighten annually, middle-of-the-road work-life balance. Schwab used to have great culture, but it becomes more "corporate" every year and with every new CEO. The "Executive Council" is wildly out of touch with frontline employees and needs to stop passing the buck of employee dissatisfaction into the managers.

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