Untrustworthy, archaic and unethical - Director Charles Schwab Employee Review

1.0
23 Jun 2023
Recommend
CEO approval
Business outlook

Pros

None. Really. There is so much that is wrong with this company.

Cons

I came here to warn others about a company whose culture is non-transparent, inflexible, and tremendously archaic. I also came here to warn others of an organization that is extremely siloed, unsupportive, lack of collaboration and rigid. I came here to warn others about the lack of innovation and old school technology. I came here to warn others about the 1950s PTO benefits only allowing two weeks. But nothing would have prepared myself or others to what we found in our email box two weeks ago. The company sent out an email to all employees eliminating remote work for ALL employees. The company committed to me being fully remote in my offer letter just one year ago. It committed to my employees being fully remote because they live hours away from the office. Out of nowhere, that has been eliminated. I really truly hope this awful organization sees a mass exodus of employees. They deserve every bit of the turnover. Of course, this is probably what they want. They pride themselves on not laying off employees. So there is no coincidence that this comes at the same time as the company also eliminating all travel, training and development. Good riddance.

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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