I can help you with that! - Registered Representative Charles Schwab Employee Review

1.0
Sep 7, 2008
Recommend
CEO approval
Business Outlook

Pros

A good place to start and get you licenses. A company with Integrity. But, ffter you have learned the markets and how they are driven, please update your resume because you will then fall into the "go to work and then come home" mentality. By that I mean, that you begin to lose your creativity and willingness to participate since you will no longer be treated with respect. Working in a call center has been compared to working in a factory. If you do not want to be a Manager, then your career path is not nearly as bright as those who do. This leads to bright, industrious, faithful employees being managed by young, unknowledgable employees and an end product of brain drain of the experienced personnel.

Cons

Schwab has turned from a company that placed clients first and employees second to a company that treats it's employees as if they were a dime a dozen. If you won't say "I can help you with that" like a good robot, we will replace you with one who will. I don't care how long you have been here. It is totally a call center atmosphere and until current middle management changes or upper management sees the results of the plan, see brain drain above, Schwab will not change, especially since Chuck has turned over the reins. In the past, Schwab was a firm to look to retire from, now use them before they use you and get out.

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5.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Great community, lots of fun events and work life balance

Cons

Is slow and feels like a retirement job

1.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

-Paycheck comes on time most weeks -8% 401k match is very competitive

Cons

-Raises our very low. The “exceeding expectations” raise has been around 3% for the last three years, which is under inflation. -AI is used as the primary way of grading performance, however the way that this AI grades is kept secret from us doing the work. You can have great feedback from client but if the AI scores you low, you will be written up/fired. - Client data entry and account operations have been outsourced to low-quality processors India. Every single day you will deal with issues because of how much sloppy work is being done. There is no follow up or problem-solving regarding these errors, they are just a fact of life at Schwab, and you need to double check pretty much everything being done here. -Most members of leadership, when sharing their personal story, will share that Schwab was their second choice. They call someone who has left Schwab and then come back a “schwabarang” and many members of leadership are Schwabarangs. This can easily be felt in the nature and character of the leadership where the focus is on KPI numbers and keeping costs as low as possible over any kind of improvement of operational effectiveness

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