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      Charles Schwab

      Engaged Employer

      Charles Schwab reviews

      3.7

      65% would recommend to a friend

      (7,816 total reviews)
      avatar

      Rick Wurster

      72% approve of CEO

      63% positive business outlook

      Ratings by demographic groups

      Charles Schwab has an employee rating of 3.7 out of 5 stars, based on 7,816 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
      3.0
      Aug 7, 2008

      Big Brother is watching

      Financial consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      Salary is good, hard to repeat performance year over year because you always need to be closing deals... not sure if i can maintain over long haul. They changed the incentive program right after I joined the firm...sucks...but it is noce to no have to go out club clients and drag them in the door like I did at Merrill Lynch

      Cons

      Support staff is focused on walk in traffic not what you need to get done any given day. CRM system means they track all of your activity, or sorry YOU have to track your activity and justify your existence every day. Big brother is watching..

      3.0
      Aug 5, 2008

      Great place to start your career, but....

      Registered representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      The best reason to work for Charles Schwab is that they pay you to study and take your FINRA tests. Additionally, the amount that you learn in your first year is incredible, you have to learn about derivatives, equities, fixed income, trading, hedging and not lonely learn this but be able to explain these ideas to others (clients). Generally you are fairly compensated for your time and amount of work you have to do. Also, you are total immersed in a very wide rage of investment strategies some good and many not so good. It's a great place to get your licenses.

      Cons

      There are only a few downsides to working at Charles Schwab, but they are in my opinion major. First and foremost are the hours that you to work. If you choose to work odd hours they pay an extra 10%. Yes you do get days off to make up for the strange hours but who wants to work nights and weekends. Second downside, Schwab is more than happy to hire people from outside the company to do a position that you (an employee) are more than qualified for. But if you do get a better job with normal hours you will more than likely have to take a pay cut to do it . See the 10% extra above.

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      ReviewsCharles Schwab reviews

      Glassdoor has 8,646 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.