The Company is changing - Manager Charles Schwab Employee Review

3.0
14 Sept 2023
Recommend
CEO approval
Business outlook

Pros

I've been with Charles Schwab for years now, and while there are certainly some positive aspects to the company, there are some significant challenges that have been making it increasingly difficult to do my job as a manager. Reputation: Charles Schwab has a strong reputation in the financial industry, and that has always been a point of pride for me as an employee. Clients generally have a high level of trust in the brand, which makes my job easier when dealing with them. Benefits and Compensation: The company offers competitive compensation packages and a good range of benefits, which is always appreciated by both myself and my team. This helps to attract and retain talent.

Cons

Increased Demands: Lately, there have been demands placed on managers that go above and beyond our usual expectations. The pressure to constantly deliver more and meet ever-increasing targets has made it challenging to strike a work-life balance. Constant Requests: We frequently receive "one more thing" requests from upper management, which can be frustrating. It feels like our workload keeps piling up, and it's becoming increasingly difficult to manage everything efficiently. Layoff Announcements: The recent layoff announcements have been concerning for both me and my team. It's hard to stay focused and motivated when job security is a constant worry. Mixed Reviews on Work-from-Home Policy: The company's work-from-home policy has been a mixed bag. Some employees appreciate the flexibility, while others struggle with the lack of in-person interaction and communication. Finding the right balance between remote work and office time has been challenging.

Explore other reviews about Charles Schwab

5.0
9 May 2026
Recommend
CEO approval
Business outlook

Pros

Great work environment Excellent values and customer advocacy

Cons

Limited growth outside of client facing roles.

3.0
29 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great clients, decent benefits, acceptable pay, excellent training for when you move on.

Cons

Pay below competitors, constant inbound calls, stringent metrics that tighten annually, middle-of-the-road work-life balance. Schwab used to have great culture, but it becomes more "corporate" every year and with every new CEO. The "Executive Council" is wildly out of touch with frontline employees and needs to stop passing the buck of employee dissatisfaction into the managers.

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