Millennials at Charles Schwab | Comparably
Charles Schwab Claimed Company
A career with Schwab means becoming part of a dynamic, collaborative team that’s committed to transforming the finance industry. When you join Schwab, you’re taking control of your professional journey by gaining the tools, knowledge, and positive environment you need to own your future. read more
EMPLOYEE
PARTICIPANTS
420
TOTAL
RATINGS
3947
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Millennials at Charles Schwab

Millennials at Charles Schwab grade their overall culture a C-; also rating it 64/100, 2 points lower than Charles Schwab's overall culture as rated by all 420 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at Charles Schwab think their company is performing well in are: Outlook (B+), Compensation (A-), and CEO Rating, (B+).

Work Life Balance & Community Outreach at Charles Schwab

Millennials working at Charles Schwab and everywhere else are striving for a balanced life. At Charles Schwab, the majority of employees are satisfied with their work life balance. The average Charles Schwab employee receives 20-30 paid days off per year, and socializes with their peers once a quarter outside of work. See what employees at Charles Schwab think about their work life balance.

AnswerPercent
Yes58%
No42%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited0%
20-30 days61%
15-20 days31%
10-15 days8%
0-10 days0%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly20%
Monthly20%
Sometimes20%
Infrequently40%
Never0%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at Charles Schwab

Within Fort Worth, TX, 38% of millennials shared they have a mentor. At Charles Schwab, 33% of millennials say they receive mentorship, which leads to the assumption that Charles Schwab is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at Charles Schwab.

AnswerPercent
Yes33%
No67%
Do you have a mentor at work?
AnswerPercent
Yes48%
No52%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at Charles Schwab

Employees at Charles Schwab have ranked their perks and benefits in the Top 5% of companies within Fort Worth, TX and in the Top 40% of similarly-sized companies on Comparably. When asked to estimate how much employees think Charles Schwab spends on their benefits, the most common answer selected is $1500 - $2500/mo. If Charles Schwab employees had to select additional benefits not already provided it would be gym/health club membership and meditation/yoga classes. Learn about perks & benefits at Charles Schwab.

AnswerPercent
Yes68%
No32%
Are you satisfied with your Benefits?
AnswerPercent
Yes46%
No54%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off17%
Career Training17%
Decision Making33%
Fun Culture33%
Retirement Contribution0%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at Charles Schwab

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, Charles Schwab employees rate their work life balance a B-. They do not think highly of Charles Schwab's professional growth opportunities. Employees have graded Charles Schwab's perks and benefits a B-. These ratings and reviews lead us to conclude that Charles Schwab is a suitable company for the millennial workforce. Learn more about Charles Schwab's efforts to retain employees.

AnswerPercent
Yes100%
No0%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes28%
No72%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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