Is Charles Schwab a good company to work for?

Charles Schwab has an overall rating of 3.7 out of 5, based on over 8,644 reviews left anonymously by employees. This rating has decreased by 1% over the last 12 months. 66% of employees would recommend working at Charles Schwab to a friend and 63% have a positive outlook for the business. The best reviews about Charles Schwab have been left by employees working as Software Engineer(Internship) , Associate Wealth Advisor and Intern - Hourly .

Does Charles Schwab pay their employees well?

According to anonymously submitted Glassdoor reviews, Charles Schwab employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Charles Schwab. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Charles Schwab?

66% of Charles Schwab employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Charles Schwab 3.7 out of 5 for work life balance, 3.7 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Charles Schwab?

Financial Services Representative (391) , Financial Consultant (187) , Senior Manager (182) , Manager (161) , Director (127) , Financial Representative (110) , Software Engineer (107) , Broker (99) , Managing Director (97) , Customer Service Representative (95) , Intern (94) , Registered Representative (88) , Investment Consultant (80) , Client Relationship Specialist (79) , Client Service Representative (73)

What are the pros of working at Charles Schwab according to real employee reviews?

"Benefits are good and fair." ((in 783 reviews)); "Corporate culture is great because people buy in and work towards making everyone financially fit." ((in 718 reviews)); "It's great for people who want to enter the world of financing and is an amazing starting point for a career." ((in 645 reviews)); "The pay was good not great" ((in 418 reviews)); "Good work life balance and flexibility." ((in 414 reviews))

What are the cons of working at Charles Schwab according to real employee reviews?

"Poor Management Approach: Managers tend to focus on reprimanding and criticizing employees instead of providing constructive feedback or collaborative retraining." ((in 242 reviews)); "Bad managers can really hold you back and they are not quick to turn over." ((in 214 reviews)); "Low salary by at least $10K to $15K which is pretty bad given that the annual increases are probably low with this economy." ((in 115 reviews)); "Management became populated with "yes" people who could quickly change loyalties to the new "senior leadership" without any regard for self" ((in 114 reviews)); "Regular company restructuring and layoffs as the company grows lead to confusion, morale issues, and the loss of some real knowledge and talent." ((in 81 reviews))

What are employees saying about Charles Schwab layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Charles Schwab layoffs and their outlook for job security at Charles Schwab in 2026.

What are the top reviewed Charles Schwab locations?

Austin , Phoenix , Westlake , San Francisco , Lone Tree , Denver , Indianapolis , Omaha , Orlando , Chicago , Dallas , Saint Louis , Southlake , New York , San Diego , Richfield , El Paso , Jersey City , Maitland , Boston , Fort Worth , Englewood , Los Angeles , Houston , Raleigh , Atlanta , Lonetree , Cleveland , Scottsdale , Washington

Charles Schwab reviews

3.7

66% would recommend to a friend

(7,814 total reviews)

Rick Wurster

72% approve of CEO

63% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Charles Schwab has an employee rating of 3.7 out of 5 stars, based on 7,814 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

Jun 18, 2008

About to give up

Assistant

Recommend

CEO approval

Business Outlook

Pros

Good benefits; Ability to balance work/life; some very nice people

Cons

No recognition from upper management; bottom line is always most important; morale still hasn't recovered from the layoffs of years past; no retention of good people; general feeling is that people are expendable as there will always be someone who wants to work at Schwab. Once you are in a position, very difficult to get a promotion unless you are working on a very visible project.

2.0

Jun 18, 2008

drowning in a sea of mediocrity

Fixed income specialist

Recommend

CEO approval

Business Outlook

Pros

Job Security at a stable growing Co.

Cons

Walmart Pay, low budget 20 yr old technology

1.0

Jun 17, 2008

What's FERSTT?

Mid-level management, technology

Recommend

CEO approval

Business Outlook

Pros

The stated company values are FERSTT: Fairness, Empathy, Respect, Striving, Teamwork, Trust. 4-week sabbatical leave every 5-years. You can ride the geographic strategy wave and cruise along if you are in Denver, Austin or Phoenix. 10% employee commission discount. Telecommuting. Public transportation to work if you are in San Francisco. Generous severance package if you are lucky enough to get laid-off. 15% discount for Employee Stock Purchase Plan (stock buys on February 1 and July 1 only).

Cons

Due to geographic strategy to leave San Francisco, there is bad morale eroding team & individual productivity. Employees undermine each other to make themselves look good to hang onto their jobs. Individual contributors and management alike abuse telecommuting policies. No one works on Fridays (branches may be the exception due to branch hours). Bad traffic & commute in Denver, Phoenix and Austin. If you are in Technology, expect long working hours to span San Francisco, Denver, Austin, Phoenix and India (offshore to Wipro, InfoSys and EDS Mphasis). Employee Stock Purchase Plan introduced this year only allows buying stocks on Feb 1 and July 1. No dollar cost averaging throughout the year. The 401K match only applies if you are employed on December 31. No 401K matching if you are fired, laid-off or forced to resign prior to December 31. The fattest end-of-year bonus payout is dragged out to mid-March.

Viewing 7789 - 7791 of 7,814 Reviews

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Jobs at Charles Schwab

Client Service Professional - 401K

Financial Services Representative

Client Service Professional - 401K

Charles Schwab

Charles Schwab reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

About to give up

drowning in a sea of mediocrity

What's FERSTT?

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Jobs at Charles Schwab