Charles Schwab reviews

3.7

66% would recommend to a friend

(7,827 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 7,827 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
Nov 23, 2008
Recommend
CEO approval
Business Outlook

Pros

Charles Schwab has a really great benefits package - among the best of all the places that I've worked in San Francisco. Its a pretty stable environment; for those who want a 9 to 5 job, its a great place to work. Also, for people who have families, most managers are willing to work with you to set up a flexible schedule

Cons

Career development and upward mobility is not as strong as I wanted; after a while I went from being a go-getter to complacent because I felt that even if I "exceeded expectations" I still wasn't getting more seniority (just more work). I actually left the company because I wanted better promotion opportunity.

3.0
Nov 18, 2008
Recommend
CEO approval
Business Outlook

Pros

Promote telecommuting/work-life balance. At a high level is a good company with good benefits.

Cons

Officer rotation philosophy is a huge problem, tends to lead entire organizations into disarray for years. And 'poor' managers are dealt with by rotating them into new areas outside of their competency, essentially spreading the pain.

3.0
Nov 16, 2008
Recommend
CEO approval
Business Outlook

Pros

Schwab has good corporate values. This is a highly ethical company. Salaries are competative. It's also good to work for a company that is considered a leader in its industry.

Cons

If you work in San Francisco your career oppotunities are limited. Schwab is moving positions out of San Francisco in an effort to save money. Some employees are have been demoralized and demotivated because their future with Schwab is in jeopardy.

Viewing 7753 - 7755 of 7,827 Reviews

Glassdoor has 8,658 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.