Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      Charles Schwab

      Engaged Employer

      Charles Schwab reviews

      3.7

      66% would recommend to a friend

      (7,831 total reviews)
      avatar

      Rick Wurster

      72% approve of CEO

      63% 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

      3.2

      Senior management

      Charles Schwab has an employee rating of 3.7 out of 5 stars, based on 7,831 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

      Reviews by job title

      8K reviews
      2.0
      Jan 8, 2009

      Loyal Schwabbies shouldn't be asked to move.

      Analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Other reviewers pointed out the inconsistencies in how Schwab employees are treated across the company. This works to my benefit as I really appreciate my manager and everything he/she does for our team. I have an awesome manager who helps buffer some harsh realities!

      Cons

      This whole Exodus from SF is worrisome for SF employees. Talent hired in SF is no longer valued appropriately. They're not given much of a carrot to do our best for the company.There are no promotions offered for most SF Schwabbies. Let me tell you--after multiple layoffs it took a lot of faith to put aside any feelings of ill-will and to believe in and love Schwab again. I was able to do it and then the relocation strategy was announced. How can I gather the passion within me for Schwab when I know my number will be called and I will be asked to change everything---my foundation of HOME for a company that most likely doesn't see me as more than a number?

      4.0
      Jan 7, 2009

      A place to build a rewarding career in financial services and feel good about the work you do.

      Portfolio consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      Schwab has an incredibly inclusive culture. Opportunities to move into many different areas of interest is a plus. Benefits package which includes 4-week paid sabbatical every 5 years is almost legendary. Training is among the best in class. Very limited conflicts of interest , which is rare in this business. Excellent fiscal leadership at the very top has kept the company with a healthy balance sheet and far fewer layoffs than peers. Client satisfaction is #1 priority that drives business decisions - a smart way to stay relevant with clients and potential clients.

      Cons

      Schwab has become so big that they have lost much of their entrepreneurial spirit. Many layers of management means it takes real effort to make a significant impact outside of one's cubicle. Metrics for comp purposes are often irrelevant and induce status quo behavior for many. Manager autonomy and innovation is non-existent in many areas as daily duties are a series of checklists.

      4.0
      Jan 7, 2009

      Good entry level position.

      Registered representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      The experience you receive from this position is rewarding, a good entry level position. The benefits that Schwab offered were better than competitors. The atmosphere was always professional. Also was nice to stay on top of the market and be able to trade your own account. Most managers were very knowledgable and always looking to help you advance your career, which wasnt far.

      Cons

      The compensation was poor, definitely misled the bonus payout structure during the interview. How reps were "graded" on graded on their performance seemed childish, often feels like reading through a script. Not a good chance for advancement within the company

      Viewing 7735 - 7737 of 7,831 Reviews
      Related searches: Charles Schwab jobs | Charles Schwab salaries | Charles Schwab benefits | Charles Schwab interviews | Charles Schwab conversations
      ReviewsCharles Schwab reviews

      Glassdoor has 8,662 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.