Charles Schwab reviews

3.7

67% would recommend to a friend

(7,832 total reviews)
avatar

Rick Wurster

72% approve of CEO

64% positive business outlook

Charles Schwab has an employee rating of 3.7 out of 5 stars, based on 7,832 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).

Reviews by job title

8K reviews
5.0
Jan 31, 2009
Recommend
CEO approval
Business Outlook

Pros

Schwab is the most ethical corporation I have worked for. Even in these very trying times, Schwab has continued to do the right thing -- being upfront and honest about upcoming layoffs etc.

Cons

Very large company and if you don't create a place for yourself you can get lost in the shuffle. The key here is that it's up to the employee to show what he/she is capable of.

2.0
Jan 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Financial Benefits are ok on paper but you will work many long unpaid overtime hours bringing the average hourly rate way down Some opportunities for (self) development but you have to train yourself, Schwab won't bother

Cons

Most (not entirely all) management are only concerned with using / manipulating employees, primping their ego, advancing themselves at any cost. there is no attempt at true leadership or leading by example. Most are very average but ambitious, want to be in charge but that's the only thing they have, no real intelligence, or organizational, technical or people management skills. Very poor. Long hours expected as normal Finger-pointy culture when things go wrong many cliques - it's who you know You're only as good as the last project revolving door management Promotion prospects totally dismal They will hire incompetants off the street to tell you what to do, should the in-house incompentants be running out, rather than promote from within Offshoring was always a bad idea now they are realizing it's not cheap and it's not the way to get good work done It's a sweatshop

4.0
Jan 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Visionary and iconic founder Strong ethical foundation Products and services for all types of investors

Cons

Internal communications can sometimes be less than straight-forward Lack of community among employees

Viewing 7726 - 7728 of 7,832 Reviews

Glassdoor has 8,663 Charles Schwab reviews submitted anonymously by Charles Schwab employees. Read employee reviews and ratings on Glassdoor to decide if Charles Schwab is right for you.