Charles Schwab reviews

3.7

65% would recommend to a friend

(7,815 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 7,815 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).

Reviews by job title

8K reviews
3.0
Jun 24, 2008
Recommend
CEO approval
Business Outlook

Pros

Chuck Schwab is the best reason. I was there when Chuck stepped back in and took control of the company. He did absolutely the right thing! And, they have an awesome brand name and presence in the market place.

Cons

Unfortunately, many of the people that drove the company into the ground are still there and don't want to change. As a result, they "cling" to the way things were and often reply, "that is the Schwab way"--when it, in fact, is no longer what executive management wants. So people coming in wanting to leverage the opportunity for change are frustrated by the lack of movement viewed skeptically. There appears to be a house cleaning going on....so maybe more change can happen.

3.0
Jun 18, 2008
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.

Viewing 7789 - 7791 of 7,815 Reviews

Glassdoor has 8,645 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.