Messy - Broker Charles Schwab Employee Review

3.0
Jan 31, 2024
Recommend
CEO approval
Business Outlook

Pros

Great retirement matching and free management of those funds. Bonuses.

Cons

No chance of internal promotion, Very unrealistic expectations, Extremely unorganized and going downhill fast due to hiring quantity over quality (a lot of young workers with not nearly enough supervision to add to this burden). Not enough pay for the stress you are put under (I was on phones and wasn't allowed to transfer out of the customer service umbrella without applying as if I wasn't already in the company and getting a job outside my department was slim because the role I had was one that no one wanted). They really deceive you with the idea that you will be able to work your way up within the company. They also screw you if you do their internship program as you are a contractor and not entitled to bonuses or insurance or any other benefit. In the future they don't even count that time as experience with the company. I wasted a whole year being an intern because they tell you it will help advance you when in fact it held me back in comparison to my peers and created a lasting bitterness for the company. Wasn't the worst job I've had but you couldn't pay me to go back.

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Charles Schwab Response
2y
Thank you for your review! We encourage all Schwabbies to work with their manager on solidifying a strategy for career growth, development, and knowledge on how to build your career across different areas of the firm. Your individual development plan (IDP) is there to serve as a north star for your career trajectory. We pride ourselves in providing an empowering work environment that offers competitive compensation and an outstanding total benefits package. We thank you for your time at Schwab and wish you the best.

Explore other reviews about Charles Schwab

5.0
May 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work environment Excellent values and customer advocacy

Cons

Limited growth outside of client facing roles.

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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