Charles Schwab reviews

3.7

66% would recommend to a friend

(7,808 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 7,808 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
1.0
Apr 26, 2018
Recommend
CEO approval
Business Outlook

Pros

Used to be a good company

Cons

- Company has lost itself completely - Do nothing middle management and absentee managers who simply want to cover their backsides to keep themselves in place

1.0
Mar 18, 2018
Recommend
CEO approval
Business Outlook

Pros

The people are great, benefits are decent and include a sabbatical every 5 years, The new campus in Lone Tree is nice, lots of opportunities to network outside of you daily grind.

Cons

Management, management, management. As in most large organizations it depends on where you work. This company does not value workers over 40 unless you want to work part-time sitting on a phone. The technology management is a Visa click-club at best. The culture wasn't much better before all of the changes occurred with the real estate strategy that was implemented over the last 5 years. Hiring only those that they know and devaluing anyone who has worked there over 2 years. Diversity is quickly going out of the window unless you are from India. Getting forced out is not unusual it's part of the normal culture if they think you are not a fit. Don't bother trying to jump through any hoops to please, the effort will just be ignored. There is absolutely no career path and unless you are a golden child, plan on staying in the same role for your career at Schwab, especially if you are at management level.

2.0
Oct 16, 2017
Recommend
CEO approval
Business Outlook

Pros

The name on your resume.

Cons

I have personally been bullied 3 times in my two years at Schwab, a first time in my long career. One of the VPs is actually widely known and considered "oh that just her". I have seen vindictive management at a number of levels. When I first started my employment I did recommend Schwab, I no longer woo individuals to come to Schwab. A standard joke is "we don't finger point, just make sure its someone else's fault". Project Management Group is a revolving door. Sadly I had hoped to finish my career here

Viewing 28 - 30 of 7,808 Reviews

Glassdoor has 8,637 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.