Compare Charles Schwab vs Merrill Lynch BETA

See how working at Charles Schwab vs. Merrill Lynch compares on a variety of workplace factors. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. All salaries and reviews are posted by employees working at Charles Schwab vs. Merrill Lynch. Learn more about each company and apply to jobs near you.
Charles Schwab company icon

Charles Schwab

Merrill Lynch company icon

Merrill Lynch

Employee Ratings

  • Charles Schwab scored higher in 8 areas: Overall Rating, Career Opportunities, Work-life balance, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook.
  • Merrill Lynch scored higher in 1 area: Compensation & Benefits.
Overall Rating
(full-time and part-time employees only)
Overall Rating
(full-time and part-time employees only)
4.0
(based on 3943 reviews)
Overall Rating
(full-time and part-time employees only)
3.8
(based on 4373 reviews)
Career Opportunities
Career Opportunities
3.9
Career Opportunities
3.7
Compensation & Benefits
Compensation & Benefits
3.8
Compensation & Benefits
3.9
Work-life balance
Work-life balance
4.0
Charles Schwab employees rated their Work-life balance 0.4 higher than Merrill Lynch employees rated theirs.
Work-life balance
3.6
Senior Management
Senior Management
3.7
Charles Schwab employees rated their Senior Management 0.3 higher than Merrill Lynch employees rated theirs.
Senior Management
3.4
Culture & Values
Culture & Values
4.1
Charles Schwab employees rated their Culture & Values 0.4 higher than Merrill Lynch employees rated theirs.
Culture & Values
3.7
CEO Approval
CEO Approval
Charles Schwab Ceo Walt Bettinger II
88%
88%Walt Bettinger II
Charles Schwab employees rated their CEO Approval 6% higher than Merrill Lynch employees rated theirs.
CEO Approval
Merrill Lynch Ceo Brian T. Moynihan
82%
82%Brian T. Moynihan
% Recommend to a friend
% Recommend to a friend
78%
Charles Schwab employees rated their % Recommend to a friend 9% higher than Merrill Lynch employees rated theirs.
% Recommend to a friend
69%
Positive Business Outlook
Positive Business Outlook
80%
Charles Schwab employees rated their Positive Business Outlook 18% higher than Merrill Lynch employees rated theirs.
Positive Business Outlook
62%

Salaries

Merrill Lynch has 82 more total submitted salaries than Charles Schwab.
Salaries for similar jobs
Salaries for similar jobs
Retired1 Salaries
$3,000/mo
Associate Financial Consultant1 Salaries
S$84,000/yr
Salaries for similar jobs
Intern9 Salaries
S$1,100/mo
Investment Banking Analyst1 Salaries
S$10,000/mo
Administrative Assistant2 Salaries
S$6,980/mo

What Employees Say

  • Charles Schwab had 139 more reviews than Merrill Lynch that mentioned "Work life balance" as a Pro.
  • "San francisco" was the most mentioned Con at Charles Schwab.
  • "Long hours" was the most mentioned Con at Merrill Lynch.
Pros
Pros
"Work life balance"(in 326 reviews)
"Good benefits"(in 210 reviews)
Pros
"Great benefits"(in 205 reviews)
"Work life balance"(in 187 reviews)
Cons
Cons
"San francisco"(in 79 reviews)
"Work life balance"(in 72 reviews)
Cons
"Long hours"(in 137 reviews)
"Merrill lynch"(in 93 reviews)
Featured Review

Current Employee - Director

I have been working at Charles Schwab full-time for more than 3 years

Pros

A strong culture of respect, support, and kindness provides a foundation for every employee at Schwab. I appreciate the thoughtful way Schwab approaches all aspects of employee development and care.... I feel like my manager is an advocate who thinks about and works to secure my future. Schwab ERGs allow me to be involved in things that matter to me, including supporting equity for Black and LGBTQ Americans. Schwab demonstrates the best of what corporate America can be.

Cons

Schwab is working towards more diversity at the executive committee level, but, objectively, it's not there yet. I would love to see Schwab further commit to environmental responsibility--and demand... it of vendors (like the Schwab Cafe). There is some good effort there, but this is an opportunity to lead that aligns with Schwab's orientation toward planning and preparing for the future. I would like to see only organic gardening practices on site (no damaging herbicides or pesticides), re-use of our own composting, reliance on reusing dishes and silverware (removal of plastic options), and investing in renewable energy infrastructure (solar, wind, geothermal) on campuses.

Advice to Management

Continue to be transparent. You are doing an amazing job. I am so proud (and happy) to work here.

"great"25 Apr 2022

Former Employee - Managing Director

I worked at Merrill Lynch full-time

Pros

brokerage, good, pay, flexibility, rewarding

Cons

nothing, nothing, nothing, nothing, nothing

Advice to Management

stay

Job Postings

Merrill Lynch has 7,702 more recently posted open jobs than Charles Schwab.

There are currently no open jobs at either company.