Schwab has gone downhill - not the company it used to be - Managing Director - Strategy & Operations Charles Schwab Employee Review

3.0
15 Feb 2024
Recommend
CEO approval
Business outlook

Pros

After 20 years, good salary and vacation, lots of opportunity for growth, great people (although they were all laid off)

Cons

Over the last few years, the company has gone downhill, no one says no, chaos, backstabbing, lack of prioritization, no accountability by senior leaders for mistakes, RTO cluster, and poor communication

Explore other reviews about Charles Schwab

5.0
17 June 2026
Recommend
CEO approval
Business outlook

Pros

Charles Schwab has great benefits, work life balance, and opportunities for growth

Cons

The only downfall is salary

2.0
23 June 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are a few great managers here, but they are few and far between. Good amount of sick pay.

Cons

Underpaid for the role. Just another cog in the machine to get tasks done. If you don’t have seniority, but are being mistreated by individuals who are more senior, be ready to shoulder the blame for errors even if you are new. The lack of training is astounding, especially for some departments that are expanding. Lots of koolaid drinking. If you care about being kind and authentic, be careful which team you land with. Take your time during the interview process.

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