Charles Schwab Employee Reviews

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5.0
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Solid Company
Project Manager (Current Employee) –  Phoenix, AZSeptember 7, 2019
Lives their culture. A good place to work. Focuses on the growth of their employees at the sake of stability in a specific role. Provides transparency in business dealings.
Pros
Job Advancement
Cons
Inclusive Culture
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3.0
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Stressful job environment
Registered Stock Broker (Current Employee) –  Indianapolis, INSeptember 20, 2019
You are told at what time to take your breaks and measure by how long our calls take. Very stressful if you do not like micro management. Avoid if you can! Not a normal job environment.
Pros
They pay to get you licensed
Cons
sign contract to work 2 years in call center before you can progress
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3.0
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Decent place but becoming too big
MANAGING DIRECTOR-MARKET AND SECTOR ANALYSIS (Former Employee) –  Denver, COSeptember 19, 2019
Schwab has long been a good company to work for but unfortunately as it has grown it has lost some of the attractiveness of working for a smaller company, while not keeping up with the investment in people and technology required for a large company.
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5.0
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Productive and Fun place to work
Executive Administrative Assistant (Former Employee) –  Austin, TXSeptember 18, 2019
Very diversified culture - great teamwork - it was a fun and great place to work. I would absolutely recommend Charles Schwab & Company Inc to others as an option for an awesome career.
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5.0
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Great Work Place
Financial Consultant Partner (Current Employee) –  Mission Viejo, CASeptember 17, 2019
Great place to work. The company culture is outstanding and unlimited growth potential. Charles Schwab holds itself to a higher standard and is echoed throughout the company.
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4.0
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No flexibility for parents
Senior Manager, Enterprise Risk (Current Employee) –  Lone Tree, COSeptember 11, 2019
There is really no working remotely allowed - or it is seriously looked down upon. It's a good ol boys club for sure with extreme office politics. How well you do your job is not anywhere near the top for desired employees.
Pros
Ability to learn different parts of the Firm
Cons
No work/life balance, very passive aggressive
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3.0
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Just do your job and leave
Document Control Senior Specialist (Former Employee) –  El Paso, TXSeptember 11, 2019
Direct management is okay but management above them act like they own the world. Some have less experience than the workers and are more bosses than leaders; Unprofessional in approach and have poor coaching skills. For example, my manger was a piece of caca and had no banking or investment experience. As predicted they got rid of him, goes to show they'll hire any unqualified person for management.
Pros
Nice schedules and possible overtime
Cons
Mangement
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2.0
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Not at this time
Account Associate (Current Employee) –  Orlando, FLSeptember 10, 2019
The department I worked in was very stressful with alot of procedure updates that some people had difficulty in following. This led to errors being given without any structure. There was also the efficiency that had to be maintained. So overall it is like working in a sweatshop.
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5.0
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Fantastic work environment. Unlike anywhere I have worked.
IT Specialist Lv 3 (Current Employee) –  Scottsdale, AZSeptember 9, 2019
Can be heavy call flow, but not always. Also, in the tech department, the calls are mostly tech related. Management encourages growth and supports your efforts to get where you want to be.
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1.0
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Inbound call center
Financial Service Professional (Current Employee) –  Indianapolis, INSeptember 8, 2019
Revolving doors. Have not met too many people who were excited to have been working there. Standard benefits but no job satisfaction. College campus like atmosphere.
Pros
None
Cons
Stressful, underpaid
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4.0
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stressful but rewarding.
Advisor Custody & Trading Services (Former Employee) –  Phoenix, AZSeptember 7, 2019
Rewarding place if looking to advance with somewhere for a long period of time. Somewhat stressful environment due to being a new person and having something to prove.
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3.0
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overall ok.
Verification Analyst-New Bank Account Risk Review (Former Employee) –  downtown phoenixSeptember 4, 2019
good. No interaction with manager. worked as contractor. Didnt report to anyone in particular in there other then immediate mangager. Contractors are not given importance
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4.0
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Great workplace
Technical Help Desk (Current Employee) –  Westlake, TXSeptember 3, 2019
Charles Schwab is a great place to work. They have a great culture and really want you to view things through the client's eyes. They want to offer great service to their client's as well as their employees.
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5.0
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Great place
Client Banking Professional (Current Employee) –  Indianapolis, INSeptember 3, 2019
Schwab is an outstanding company to work for. The phone calls can become stressful, but management makes sure to support you when things get rough. Excellent benefits and there’s an awesome culture.
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4.0
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Good place to stick around.
Sr Specialist, Mutual Fund Trading (Current Employee) –  Phoenix, AZAugust 29, 2019
Good Place.

Kind of hard to advance to next level unless you are willing to relocate.

Compensation could be better. Only High Deductible plan is offered.

Medical benefit is expensive.
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4.0
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Excellent work life balance with trade offs
Trading Specialist (Current Employee) –  Denver, COAugust 21, 2019
You won't find better work-life balance in the finance industry. For example, I only work 3 days a week and just work 12 hour days. On the downside, Schwab pays lower than industry average and moving around within the company can be challenging. When you are working the phones as a broker, your only options are pretty much to move up to a more specialized phone team. Working your way out of the call center is challenging.
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5.0
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great place consider it
Estate Services Specialist (Former Employee) –  Phoenix, AZ 85016August 20, 2019
great place with a lot of training engaging, very good culture, very inclusive, opportunity to grow, very stable company, great place to learn anything about the business.
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4.0
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good company to work with
Business System Analyst (Former Employee) –  Jersey City NJAugust 19, 2019
• The Trading and Middle Office Support is responsible for providing frontline Production Support for all Fixed Income users at Schwab.
• Business System Analyst works closely with fixed income and enterprise security master (ESM) management, position and riskless traders, channel partners including Schwab.com and Schwab Advisor Services, sales and service representatives, compliance, regulatory and trade reporting bodies, external dealers, software development and QA teams.
• Escalating of problem to devise stakeholder business partners to ensure on-time resolution, manage priorities depending on the criticality of the requests and production failures.
• Prepare Requirement Traceability Matrix document and validate the requirement implementation throughout the SDLC phases.
• Using SQL to research Data Workflows to determine the source of Data anomalies and issues and outline end-to-end solutions for resolving the problem.
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3.0
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Internal teams are fun, Schwab culture can be time consuming
Software Engineer (Former Employee) –  Austin, TXAugust 18, 2019
The work done day-to-day is quite enjoyable but the work culture can be overdone dependent on which career track you're placed on. There are a lot of governmental processes to go through for a typical day of development due to the company's size and as such may not be the best to aim for if you're wanting a truly lightweight/agile work environment.
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1.0
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Disfunctional
Automated Mailing/Vendor Manager (Current Employee) –  Austin, TXAugust 17, 2019
Poor management. No communication. No advancement. Management shows favoritism towards the people who have been there the longest but they don't work as hard.
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5.0
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Csr
Customer Service Rep (Former Employee) –  Phoenix, AZAugust 16, 2019
You will answer a lot of phone calls and be pushed to become a broker. All Calls are recorded and must follow 5 rules every call. Monthly reviews. 6 weeks of paid training.
Pros
Great benefits
Cons
Small teams and high stress to meet surveys
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Overall rating

4.0
Based on 1,136 reviews
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