Charles Schwab reviews

3.7

65% would recommend to a friend

(7,816 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 7,816 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
4.0
Jul 30, 2008
Recommend
CEO approval
Business Outlook

Pros

Good technology, friendly atmosphere. Management very encouraging about helping advance a person's skills. The training involves both technical and business courses. The managenment have no problem with giving you time to complete the training.

Cons

Bad corporate structure with different businesses having different data sources. There is a tendency for acronyms to take over any conversation which happens in Schwab.

2.0
Jul 24, 2008
Recommend
CEO approval
Business Outlook

Pros

Decent enough everyday work and some great people but tainted by some idiotic management who are hell bent on implementing stupid decisions based on poor research regardless of cost, which then leads to the usual layoffs to try to cover the budget defecit. Don't consider the place if you want a long term career.

Cons

When your assignment ends expect to get laid off and your job sent to Denver. Your management will make no effort to help you into the next assignment. Too many 'favorites' get the decent assignements regardless of competence. Over reliance on consultants to advise senior managers who don't have the expertise to really manage the enterprise. Poor training options, petty budget management, and lack of honest communication.

5.0
Jul 24, 2008
Recommend
CEO approval
Business Outlook

Pros

THe people there are very helpful. They are always willing and make time to help you with a question or problem, be it related to work or not. The office is in a good location in san francisco. parking is not difficult. Projects can be long and ongoing but managers are supportive of individual initiatives. It's a you get what you put into it culture.

Cons

Schwab is still in the process of restructuring and there is a lot of movement. There is still a lot of burecracy since it is a SEC governed company. Many people are not workaholics--there is a great work life balance but on the downside it takes longer to get things done sometimes.

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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.