Own your Tomorrow and Get out - Anonymous employee Charles Schwab Employee Review

1.0
Aug 19, 2020
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pretty stable company with decent benefits. Overall, nice people work here

Cons

The company culture promotes privilege and an overall elitist mindset. I've worked in three different departments in my time here and have seen the same behaviors in each one. People tattle on each other, make up lies, and try to stab you in the back to promote themselves and steer people away from their incompetence. Many people are bad at their jobs but get promoted or receive opportunities they're not qualified for because they've been there for so long. The Executives pretend to care about their employees, but they don't. We were one of the last companies to go remote when COVID hit. They were actually mandating that people keep coming in when other companies mandated you stay home. Yes, the CEO actually sent a firm wide email telling all employees that we needed to come in because technology couldn't support us all working from home at the same time. They also instituted COVID pay for the first two months of the pandemic which entitled you to paid time off (that didn't count against vacation or sick time) if you tested positive for COVID or came in contact with someone who did. But they cut this right before the cases spiked and numerous employees got sick. Did they reinstate it? No. Why not? Because it was all for show, like everything they do at this company. Fake it til you make it is the Charles Schwab way.

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5.0
Jun 7, 2026
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Pros

Lots of learning opportunities with opportunities for growth.

Cons

Limited to RM role for promotion, where you get stuck in that role.

5.0
Jul 8, 2026
Recommend
CEO approval
Business Outlook

Pros

-I did not know anything about finance, just had sales experience to my name and an open mind to learning and they took me in and tought me so much. -Benefits are top tier, from the basics to some that you didn't know they even existed. -They give you 8 hours a quarter for personal development. -Good pay without even including bonus or language add ons. -You will learn a LOT -

Cons

-2 year role commitment -Very corporate so might not let be your true self in the job with peers.

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