Charles Schwab reviews

3.7

66% would recommend to a friend

(7,829 total reviews)
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Rick Wurster

72% approve of CEO

63% positive business outlook

Charles Schwab has an employee rating of 3.7 out of 5 stars, based on 7,829 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
4.0
Dec 25, 2008

Schwab pretty decent

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I like that they support the call center reps... its not the easiest job in the world, while, also not the hardest but sometimes call centers can be very very tedious. Schwab makes it a point to empower their reps.

Cons

I don't fell like there is a lot of movement out of the call centers. While you can learns tons of info, I found that people stay so long that its hard to move to a new field.

5.0
Dec 20, 2008
Recommend
CEO approval
Business Outlook

Pros

Work/life balance is probably one the best things about working at Schwab. Compensation and benefits were awesome in the early years of 2000's.... Overall, employee morale was really one of the things that kept people from leaving - the people that worked there were great!

Cons

Career advancement is difficult to achieve. Lay-offs were a never ending process for Schwab - the whole time I was there which was 8 years.

3.0
Dec 18, 2008
Recommend
CEO approval
Business Outlook

Pros

The company believes in a strong work-life balance ethic, and that is a very attractive feature about working at Schwab. The sabbatical every 5 years is a nice benefit. These are some of the smartest people that I've worked with. Schwab spent alot of time and money developing good project managers. We have some of the best ones in the industry.

Cons

Senior management keeps changing and everytime someone new comes into the company, they have this tendency to reorganize. Also it appears that cronyism is setting in at top levels. Every few months I seem to have a new boss, so it is very difficult to get any traction and it becomes tiresome to start once again to build another relationship. No promotion potential; new leadership wants to get rid of Schwab's presence in San Francisco.

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Glassdoor has 8,660 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.