Charles Schwab

www.schwab.com
Employer Engaged

Charles Schwab Reviews

Updated 2 March 2015
Updated 2 March 2015
953 Reviews
3.2
953 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
564 Ratings

Review Highlights

Pros
  • It does allow for a good work/life balance which was very important to me (in 80 reviews)

  • good benefits especially Sabbath every five years (in 59 reviews)


Cons
  • Not much room for growth in Indy unless you want to stay in a call center (in 45 reviews)

  • There are very few woman and people of color in middle and senior management (in 25 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Java Consultant in Bangalore
    Current Contractor - Java Consultant in Bangalore

    I have been working at Charles Schwab as a contractor (more than a year)

    Pros

    Good work environment . .!!

    Cons

    Compensation not so great . .!!

    Advice to ManagementAdvice

    None

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Schwabbies Rock!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Phoenix, AZ (US)
    Current Employee - Manager in Phoenix, AZ (US)

    I have been working at Charles Schwab

    Pros

    True "family" environment, teams are supportive and focus on leveraging each other's strengths to accomplish tasks.

    Solid values but company still focuses on innovation.

    Pay is strong and bonus program gets stronger every year. Health are on par with industry.

    Cons

    No paid maternity leave like most FORTUNE 500 employers. 401k match could be higher.

    Advice to ManagementAdvice

    Focus on keeping total comp and benefits packages competitive.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good company to gain experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Software QA Engineer in Denver, CO (US)
    Current Employee - Associate Software QA Engineer in Denver, CO (US)

    I have been working at Charles Schwab

    Pros

    Depending on the team, the company is a great place to learn and grow
    Great work culture
    Good benefits

    Cons

    Work/Life Balance could be better

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Love working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Great reputation, room for growth, good benefits, great corporate culture

    Cons

    I often feel I'm underpaid

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Good company that is very investor focused. Pay is good for certain roles.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Portfolio Consultant in Denver, CO (US)
    Current Employee - Portfolio Consultant in Denver, CO (US)

    I have been working at Charles Schwab

    Pros

    Very investor focused, not any pressure to sell

    Cons

    Pay could be a little better

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    It is one of the best company that gives maximum service to its employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tableau Developer in Lake Hiawatha, NJ (US)
    Current Employee - Tableau Developer in Lake Hiawatha, NJ (US)

    I have been working at Charles Schwab

    Pros

    environment makes us to feel happy

    Cons

    Competitive Work experience balancing life.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Senior Team Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in Chicago, IL (US)
    Current Employee - Senior Manager in Chicago, IL (US)

    I have been working at Charles Schwab full-time (less than a year)

    Pros

    Schwab is a great collaborative environment. The employees are extremely motivated and caring employees! Company has great values and treats its people with respect.

    Cons

    Being in a regulated industry, thing can move a little slower at times.

    Advice to ManagementAdvice

    Schwab believes in personal growth and provides training and resources to help you progress your career.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Great people and good work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in San Francisco, CA (US)
    Current Employee - Senior Manager in San Francisco, CA (US)

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

    Pros

    I have worked at many different companies and can honestly say that Schwab hires very professional, highly talented, REALLY NICE people. Management goes out of their way to let you know how appreciated you are. I have learned so much from the people I work with, in this very collaborative environment.

    Plus you get a 4 week sabbatical every 5 years. It's a really nice perk.

    Cons

    promotions are hard to come by.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Charles Schwab

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President, Financial Consultant in New York, NY (US)
    Current Employee - Vice President, Financial Consultant in New York, NY (US)

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

    Pros

    Very transparent company to work for, easy to provide a value proposition to clients.

    Cons

    Not always the best at marketing themselves including chosen locations, although getting better

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Clients are #1, employees at every level are treated well.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Charles Schwab full-time

    Pros

    Schwab has a mission that permeates the culture of the firm--to help all investors.

    Cons

    Payscale is on the low side. Benefits are pretty good; vacation for senior roles is below standard.

    Recommends
    Positive Outlook
    Approves of CEO

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