Is Charles Schwab a good company to work for?

Charles Schwab has an overall rating of 3.7 out of 5, based on over 8,664 reviews left anonymously by employees. This rating has decreased by 1% over the last 12 months. 67% of employees would recommend working at Charles Schwab to a friend and 64% have a positive outlook for the business. The best reviews about Charles Schwab have been left by employees working as Software Engineer(Internship) , Associate Wealth Advisor and Intern - Hourly .

Does Charles Schwab pay their employees well?

According to anonymously submitted Glassdoor reviews, Charles Schwab employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Charles Schwab. This rating has been stable over the past 12 months.

How satisfied are employees working at Charles Schwab?

67% of Charles Schwab employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Charles Schwab 3.7 out of 5 for work life balance, 3.7 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Charles Schwab?

Financial Services Representative (398) , Financial Consultant (188) , Senior Manager (182) , Manager (161) , Director (128) , Financial Representative (110) , Software Engineer (107) , Broker (99) , Managing Director (97) , Customer Service Representative (95) , Intern (94) , Registered Representative (88) , Investment Consultant (80) , Client Relationship Specialist (79) , Client Service Representative (73)

What are the pros of working at Charles Schwab according to real employee reviews?

"Benefits are good and fair." ((in 794 reviews)); "Corporate culture is great because people buy in and work towards making everyone financially fit." ((in 731 reviews)); "It's great for people who want to enter the world of financing and is an amazing starting point for a career." ((in 645 reviews)); "The pay was good not great" ((in 425 reviews)); "Good work life balance and flexibility." ((in 406 reviews))

What are the cons of working at Charles Schwab according to real employee reviews?

"Poor Management Approach: Managers tend to focus on reprimanding and criticizing employees instead of providing constructive feedback or collaborative retraining." ((in 244 reviews)); "Bad managers can really hold you back and they are not quick to turn over." ((in 215 reviews)); "Management became populated with "yes" people who could quickly change loyalties to the new "senior leadership" without any regard for self" ((in 121 reviews)); "Salary seems low for workload" ((in 118 reviews)); "Recent workplace flexibility and layoffs were handled really poorly by senior leaders." ((in 82 reviews))

What are employees saying about Charles Schwab layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Charles Schwab layoffs and their outlook for job security at Charles Schwab in 2026.

What are the top reviewed Charles Schwab locations?

Austin , Phoenix , Westlake , San Francisco , Lone Tree , Denver , Indianapolis , Omaha , Orlando , Chicago , Dallas , Saint Louis , Southlake , New York , San Diego , Richfield , El Paso , Jersey City , Maitland , Boston , Fort Worth , Englewood , Los Angeles , Houston , Raleigh , Atlanta , Lonetree , Cleveland , Scottsdale , Washington

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Charles Schwab

Charles Schwab reviews

3.7

67% would recommend to a friend

(7,833 total reviews)

Rick Wurster

72% approve of CEO

64% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.7

Culture & values

3.7

Work/Life balance

3.7

Compensation and benefits

3.6

Career opportunities

3.3

Senior management

Charles Schwab has an employee rating of 3.7 out of 5 stars, based on 7,833 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Charles Schwab employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

8K reviews

4.0

Feb 22, 2009

Overall - a great company.

Vice president

Recommend

CEO approval

Business Outlook

Pros

Schwab as a company strives to focus on the customer and provide great value based on their products and services. Schwab is also a good place to maintain a reasonable balance between your work life and personal life.

Cons

Schwab, like many financial services firms, is struggling to manage costs aggressively. Previously this created challenges of bureaucracy, politics, coordination, etc. This issue has decreased as the company has simplified the management structure and increased spans of control.

4.0

Feb 13, 2009

Schwab good place to work

Vice president e3

Recommend

CEO approval

Business Outlook

Pros

Good compensation, ethical company, service orientation, leeder in industry, conservative financials, competent employee population, flexible work environment and hours, reasonable work quantity-hours, reasonable physical work environment, attention to and record of diversity, charitable contribution match, 401K match of 50%, focus on cost containment to allow attractive value proposition for clients, good reputation of the company and high recognition of Schwab, support of external activities of many kinds, investment education, Schwab Charitable giving and foundation.

Cons

History in last 10 years of cycles of layoffs. Lack of sustained and effective process improvment, technical and operational risk management processes, no explicit program for new college hires and growth of raw talent into high achievement.

4.0

Feb 11, 2009

A innovative forward-thinking tech sauvy company with the one goal of always putting the clients needs first.

Senior product manager

Recommend

CEO approval

Business Outlook

Pros

Schwab's vision/goal is to always put the client's needs first. To offer our clients the best products, services and tools so that we meet the clients needs. They are first and foremost client orientated (as opposed to being bottom-line orientated for their shareholder/investors). It fosters a very open corporate culture with emphasis on greater work/life balance.

Cons

The salaries, bonuses and pay rises appear to be lower than other financial services firms or banks in the industry. The management structure has changed many times during my tenure at the firm. I do not agree with all the decisions that the executive committee have made/implemented in the last 18 months.

Viewing 7720 - 7722 of 7,833 Reviews

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Jobs at Charles Schwab

Systems Support Specialist

Cash Operations Associate

Advisor Support Associate

Production Support Engineer

Client Relationship Specialist - Bakersfield, CA