Charles Schwab
3.1 of 5 754 reviews San Francisco, CA 5000+ Employees

754 Employee Reviews (View Most Recent)

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Good people, but low pay

Associate (Former Employee)
Phoenix, AZ (US)

I worked at Charles Schwab for more than 5 years

ProsGood culture and provides a lot of training. Many career paths to take if you are located in one of the primary service center cities.

ConsLow salary and annual salary increase is terrible. Tell you 2% is standard, and should be grateful in the "current environment".

Advice to Senior ManagementHave more openness with salary info, especially with your own employees. Two people in the same department, working the same job could have a completely different salary. Even it out, and pay people what they deserve.

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  • Culture & Values
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4 people found this helpful  

Vice President-Financial Consultant

Vice President, Financial Consultant (Current Employee)
San Jose, CA (US)

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

Pros: Ethical financial guidance; Reasonable/affordable product pricing; Transparency of fees; Great brand name; Work/life balance; Supportive and collaborative work… Cons: Few career advancement opportunities or options except growing own practice; Employee base is diverse, but management is not; Overly cumbersome paperwork and procedures, especially on advice… Advice to Senior Management: If you would like clients to believe they are dealing with a trusted advisory service provider firm, you need to respect and empower your front-line… More

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

2 people found this helpful  

Stock Broker

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

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

Pros: Opportunity to learn a lot about trading, banking, retirement, and finance in general. You also get paid to earn you series 7… Cons: You are a robot. You are told what to say and when. There is no freedom, no creativity, and no individuality. Even your toilet breaks… Advice to Senior Management: Retain your employees for longer with better incentives. This will create… No, I would not recommend this company to a friend More

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