Is Charles Schwab a good company to work for?

Charles Schwab has an overall rating of 3.7 out of 5, based on over 8,645 reviews left anonymously by employees. This rating has decreased by 1% over the last 12 months. 65% 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?

65% 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 fully vest immediately." ((in 794 reviews)); "Corporate culture is great because people buy in and work towards making everyone financially fit." ((in 724 reviews)); "It's great for people who want to enter the world of financing and is an amazing starting point for a career." ((in 650 reviews)); "The pay was good not great" ((in 425 reviews)); "Good work life balance and flexibility." ((in 409 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 243 reviews)); "Bad managers can really hold you back and they are not quick to turn over." ((in 215 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 120 reviews)); "Management became populated with "yes" people who could quickly change loyalties to the new "senior leadership" without any regard for self" ((in 112 reviews)); "Hybrid work environment, frequent layoffs, no room for growth" ((in 86 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

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Charles Schwab

Charles Schwab reviews

3.7

65% would recommend to a friend

(7,815 total reviews)

Rick Wurster

72% approve of CEO

63% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.7

Culture & values

3.7

Work/Life balance

3.7

Compensation and benefits

3.6

Career opportunities

3.2

Senior management

Charles Schwab has an employee rating of 3.7 out of 5 stars, based on 7,815 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

8K reviews

1.0

Jun 30, 2008

Chuck is OK but needs to hire better people

Managing director

Recommend

CEO approval

Business Outlook

Pros

Opportunities in Denver,Phoenix and Austin

Cons

m Management is disconnected from what is really going on and frankly doesn't care

4.0

Jun 29, 2008

Newer hire review

Client service specialist

Recommend

CEO approval

Business Outlook

Pros

I chose Charles Schwab because I was looking for a more recognized company name than my previous employer to help build out my resume. The base salary is about $10K more than what I'd been offered at other companies which was also a plus. Office is relatively laid back and everyone helps each other out when they need it. Management at my branch is great but obviously this can vary between offices. Benefits are comparable to other companies.... medical, dental, vision, 401K with matching, disability, life insurance, etc. are offered. You can choose which you'd like to take part in. You pay for these out of your base salary, so keep this in mind when you are offered your base salary. You can figure your base salary will be about $1200 less once these are deducted assuming you sign up for medical, dental, disability, and vision. 401K is obviously at your discretion. You have choices between the companies you use as well for medical, which I think is nice. Company offers yearly bonuses as well but would depend on your position. Overall, I am satisfied with Schwab.

Cons

It will depend on where you work at Schwab, but one thing I don't really like is that the advice you'll get from a Schwab "financial consultant" will most likely not be as comprehensive as it would be at a more privatized firm, but what do you expect from a discount brokerage firm? So I don't know if this is really a downside or just a personal opinion that I have. But for example, if I was going out to look for comprehensive financial planning, I would not choose Charles Schwab. I've also noticed that being in a branch office and working at the front desk, a lot of customers seem to believe that I am basically a receptionist even though I am licensed exactly the same as a financial consultant/advisor and often speak down to me ... which is a little irritating.

4.0

Jun 25, 2008

Good place to work , Great potential for the future

Managing director

Recommend

CEO approval

Business Outlook

Pros

Company Vision and purpose. and the Leadership of Chuck. theer are few influential companies you can work for that still has the Guys name on the Building

Cons

very siloed, the company in a loose confederation of tribes

Viewing 7786 - 7788 of 7,815 Reviews

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Jobs at Charles Schwab

Client Service Professional - 401K

Financial Services Representative

Client Relationship Specialist - Richmond, VA

Advisor Support Associate