Great co-workers but challenging transition post-acquisition - Sr Manager Software Development & Engineering Charles Schwab Employee Review

3.0
Apr 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent offices, good but not great comp packages relative to other FinTech options in my city. Amazing co-workers and an interesting product suite. Solid tech if a bit long in the tooth. It's great working for a winning team and Schwab is nothing if not a success story in the discount brokerage industry. It's telling that despite leaving on something of a downbeat I am still a loyal customer.

Cons

I was there at the worst possible time probably; I was acquired along with the rest of TDAmeritrade (which I think I gave 4 or maybe even 5 stars: lost my history with the Indeed/Glassdoor migration), and in addition to the dysfunction that follows any such M&A activity there was ... COVID. I found that where TDA had done a great job of treating "Human resources" as people Schwab saw us more as Resources. Very top-down, very my way or the highway. Schwab was more base-pay centric while TDA was more entrepreneurial with it's comp and other benefits.

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Charles Schwab Response
1d
A balanced review like this helps show the full picture. Collaboration is a big part of how we work, and it is good to see that reflected here with the strong relationships and teamwork you highlighted. At the same time, employee input plays an important role in how we evolve, and we will share what you raised around the transition experience. Feedback like this gives teams a more complete picture of what employees value and where more progress is needed. Thanks again for taking the time to share this review.

Explore other reviews about Charles Schwab

5.0
Jun 2, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good leadership, big organization, decent benefits

Cons

Public company can create pressure when stock is down / headlines come out

2.0
Jun 23, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are a few great managers here, but they are few and far between. Good amount of sick pay.

Cons

Underpaid for the role. Just another cog in the machine to get tasks done. If you don’t have seniority, but are being mistreated by individuals who are more senior, be ready to shoulder the blame for errors even if you are new. The lack of training is astounding, especially for some departments that are expanding. Lots of koolaid drinking. If you care about being kind and authentic, be careful which team you land with. Take your time during the interview process.

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