Charles Schwab Culture | Comparably
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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

Charles Schwab Company Culture

Charles Schwab Culture

This score is derived from employee ratings & reviews
3.3/5
Charles Schwab's Overall Culture is rated C

Top Rated Culture Dimensions

Charles Schwab CEO

Top 40%Top 40% of Similar Size Companies on Comparably
Rick Wurster Charles Schwab's CEO
Rick Wurster
70 /100

Diversity at Charles Schwab

Bottom 20%Bottom 20% of Similar Size Companies on Comparably
D

Diverse employees at Charles Schwab have rated Compensation, Office Culture, and Outlook as the highest categories they have scored

Women at Charles Schwab

Bottom 30%Bottom 30% of Similar Size Companies on Comparably
C-

Women at Charles Schwab have rated Compensation, Outlook, and Perks And Benefits as the highest categories they have scored

Charles Schwab eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 50%Top 50% of Similar Size Companies on Comparably

Recommend to a Friend?

1

Charles Schwab employees are 1% more likely to recommend Charles Schwab as a great place to work

41%Promoters
19%Passives
40%Detractors

Working at Charles Schwab

Working at Charles Schwab is rated below average by 420 employees, across various culture dimensions. Charles Schwab employees rate Compensation highest among all categories, and think that Meetings and Work Culture have the most room for improvement, putting Charles Schwab’s culture in the Bottom 45% compared to similar sized companies on Comparably and in the Top 5% compared to other companies in Fort Worth, TX. See below in detail how working at Charles Schwab was rated by employees.

Overall Company Culture at Charles Schwab

C

Overall Company Culture at Charles Schwab is rated C

Last updated months ago

Bottom
45%

Charles Schwab ranks in the Bottom 45% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score

Overall Company Culture Score by Department

This graph details how each department scores their Overall Company Culture

Results from 420 Employees

View Results
0
20
40
60
80
100
Marketing
87
Marketing87
Finance
78
Finance78
IT
71
IT71
Operations
70
Operations70
Product
59
Product59
Engineering
55
Engineering55
Customer Support
51
Customer Support51
Design
44
Design44
Business Dev
39
Business Dev39

Charles Schwab Employee Reviews

Out of 347 Charles Schwab employee reviews, 69% were positive. The remaining 31% were constructive reviews with the goal of helping Charles Schwab improve their work culture.

69%
31%
Positive Reviews69%
Constructive Feedback31%

Positive Reviews From Charles Schwab Employees

  • What do you like best about the leadership team?
    They take action with our feedback.
  • What did you like most about the interview process?
    Flexible video interview is helpful
  • What makes you most happy at work?
    When it's time to clock out

Constructive Feedback From Charles Schwab Employees

  • What do your coworkers need to improve and how could you work together better?
    Team building exercises are lacking
  • What does the leadership team need to get better at?
    Communication. Top down decisions are being made rhat effect thousands in Client Service & Support.
  • Why do you feel undervalued and what would make you feel better about your compensation?
    Equal industry pay, existing employee compensation based of real-time hiring and talent acquisition.

Charles Schwab Company Information

Charles Schwab Company Overview

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.

Charles Schwab was founded in 1973 and its current CEO is Rick Wurster. Since its inception 53 years ago, Charles Schwab has grown to 32000 employees.

Charles Schwab Mission, Vision & Values

Charles Schwab Mission & Values

Our purpose is to champion every client’s goals with passion and integrity, empowering them to take ownership of their financial future at every income level and life stage.

Charles Schwab Vision Statement

Schwab was built around a simple idea: put the client first. We work hard to make our clients’ goals the focus of everything we do by offering a better, more modern way for them to build and manage their wealth.

Headquarter3000 Schwab Way
Westlake, TX 76262
United States of America
Websitewww.aboutschwab.com
Founding Date1973
Company StatusPublic
StockSCHW
Jobswww.schwabjobs.com
Social Sites

Charles Schwab Competitors

Charles Schwab competitors include Fidelity Investments, Goldman Sachs, Wells Fargo, and Morgan Stanley. Charles Schwab ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Charles Schwab compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Fidelity Investments' Logo
    Fidelity Investments
    4.5/5
  2. #2
    Goldman Sachs' Logo
    Goldman Sachs
    3.8/5
  3. #3
    Wells Fargo's Logo
    Wells Fargo
    3.8/5
  4. #4
    Charles Schwab's Logo
    Charles Schwab
    3.3/5
  5. #5
    Morgan Stanley's Logo
    Morgan Stanley
    3.0/5

Charles Schwab Employees

Charles Schwab has 32000 employees. 420 employees at Charles Schwab have reviewed Charles Schwab across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 420 Charles Schwab employees give their leadership a grade of C, or Bottom 45% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Charles Schwab are generally satisfied with their total compensation at Charles Schwab, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Charles Schwab are generally satisfied with their team. 420 Participants grade the quality of their coworkers a C. The majority believe the meetings at Charles Schwab are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Charles Schwab believe the environment at Charles Schwab is positive. Most Participants believe the pace of work at Charles Schwab is comfortably fast. About 63% of the employees at Charles Schwab work 8 hours or less, while 2% of them have an extremely long day - longer than twelve hours.

Overall, the employees at Charles Schwab are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

A Day in the Life
A Day in the Life
Charles Schwab employees generally work 8.8 hrs a day
Work Hours
A Day in the Life
Employees at Charles Schwab report the work pace is comfortably fast
Work Pace
A Day in the Life
On a typical day, employees at Charles Schwab have 4+ meetings
Meetings
A Day in the Life
74% of Charles Schwab employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Charles Schwab employees most often take 20-30 paid vacation and sick days each year
Perks & Benefits
A Day in the Life
58% of Charles Schwab employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Charles Schwab employees typically get valuable feedback on how to improve at work Once a quarter
Feedback
A Day in the Life
61% of Charles Schwab employees call their work environment positive
Environment

Joining Charles Schwab - Employee Onboarding

The prevailing opinion from employees about joining Charles Schwab is that the company was very unprepared on their first day. Charles Schwab employees concluded that their overall onboarding experience was negative. 33% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Charles Schwab KPIs and OKRs

At Charles Schwab 50% of employees think their department KPIs and OKRs are clear. Employees’ understanding of Charles Schwab's KPIs and OKRs is essential for its success. Out of 22 Charles Schwab employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 14 have said yes.

AnswerPercent
Yes64%
No36%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes50%
No50%
Are the KPIs/OKRs for your department clear?

Charles Schwab CEO & Leadership

Rick Wurster Charles Schwab's CEO
70 /100

Charles Schwab CEO Awards and Recognitions

Top 30% Rated CEOs 2016

Charles Schwab’s CEO Rick Wurster started in this role in 2025. Rick’s approval rate is just above average, putting Rick in the Top 40% of all CEOs of similar-sized companies on Comparably, and in the Top 5% compared to the CEOs of all other companies in Fort Worth, TX. Rick Wurster is well regarded by employees for the Compensation Charles Schwab offers, and ranks among the Top 30% of CEOs by employees in that category. Rick is most liked by employees with the company for Less than 1 Year and employees in the Marketing department. However, employees in the Design department have a slightly unfavorable view of the CEO. When compared to Charles Schwab’s competitors, Rick Wurster ranks just above Wells Fargo’s CEO Charles Scharf. With Rick’s leadership, Charles Schwab employee respondents are most happy about their Compensation and Perks And Benefits. Rick was rated slightly below average for Diversity.

Charles Schwab Leadership

The Charles Schwab Executive Team is rated a “C” and led by CEO Rick Wurster, Managing Director, Talent Acquisition Chris Elliott, and Managing Director, Talent & Organizational Development Ryan Reynolds

  • Rick Wurster  CEO / President

    Rick Wurster CEO / President

    Rick Wurster serves as the CEO / President of Charles Schwab.

  • Chris Elliott Managing Director, Talent Acquisition

    Chris Elliott serves as the Managing Director, Talent Acquisition of Charles Schwab.

  • Ryan Reynolds Managing Director, Talent & Organizational Development

    Ryan Reynolds serves as the Managing Director, Talent & Organizational Development of Charles Schwab.

Charles Schwab Salaries

How much does Charles Schwab pay?

How much do people at Charles Schwab get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Charles Schwab is $129,264, or $62 per hour, while the estimated median salary is $131,153, or $63 per hour.

At Charles Schwab, the highest paid job is a Director of Sales at $251,842 annually and the lowest is a CS Rep at $35,524 annually. Average Charles Schwab salaries by department include: Legal at $203,500, HR at $180,483, Finance at $92,646, and Design at $95,303. Half of Charles Schwab salaries are above $131,153.

204 employees at Charles Schwab rank their Compensation in the Top 30% of similar sized companies in the US (based on 627 ratings) while 194 employees at Charles Schwab rank their Perks And Benefits in the Top 40% of similar sized companies in the US (based on 208 ratings).

Salaries contributed from Charles Schwab employees include job titles like Senior Developer, Developer, Scrum Master, and Senior Product Manager. Comparably data has a total of 15 salary records from Charles Schwab employees.

Last updated months ago.

1st Percentile
$67k
$67k1st Percentile
17th Percentile
$99k
$99k17th Percentile
33rd Percentile
$131k
$131k33rd Percentile
50th Percentile
$185k
$185k50th Percentile
67th Percentile
$244k
$244k67th Percentile
83rd Percentile
$273k
$273k83rd Percentile
100th Percentile
$303k
$303k100th Percentile
$129,264*
Average Compensation
$131,153*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Charles Schwab Salaries by City

Charles Schwab Salaries by Department

Explore Charles Schwab Salaries

Diversity & Inclusion at Charles Schwab

Diverse employees at Charles Schwab score the company 57/100 across various culture categories, placing Charles Schwab in the Bottom 20% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Charles Schwab across various culture dimensions.

At Schwab, we’re dedicated to building and maintaining an inclusive environment where everyone feels valued. By championing the individual strengths of employees and recognizing their diverse perspectives, our firm aims to see the world “through clients’ eyes” and serve with greater passion and integrity. Through company initiatives like our Employee Resource Groups, the Neurodiversity at Work program, and our many external partnerships, Schwab is creating a better tomorrow for our people, clients, and the communities around us.,,

Ranked Culture the Highest

Women 88/100
Tenure - Less Than 1 Year
Men 89/100
Department - Marketing
Diverse Employees 72/100
Tenure - 1 to 2 Years

Ranked Culture the Lowest

Women 30/100
Tenure - 5 to 10 Years
Men 39/100
Department - Business Development
Diverse Employees 45/100
Department - Customer Support

Charles Schwab Perks & Benefits

Health & Wellness

  • Dental Insurance
  • Vision Insurance
  • Health Insurance
  • Life Insurance

Paid Time Off

  • PTO / Vacation Policy
  • Paid Holidays
  • Maternity / Paternity Leave

Financial Benefits

  • 401K / Retirement Plan
  • Tuition Reimbursement
  • Employee Stock Purchase Plan

Office Perks

  • Work From Home Policy
  • Unique Office Space

Charles Schwab PTO

Charles Schwab's PTO and Vacation policy typically gives 20-30 days off a year with 75% of employees expected to be work free while out of office. Paid Time Off is Charles Schwab's most important benefit besides Healthcare when ranked by employees, with 56% of employees saying it is the most important benefit. Charles Schwab's benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.

AnswerPercent
Flex Time33%
Vacation Policy56%
Office Meals0%
401k Contribution0%
Childcare11%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes25%
No75%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo40%
$1000 -$1500/mo10%
$500 -$1000/mo20%
Less than $500/mo30%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Charles Schwab Careers

Charles Schwab Jobs

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H1B Visa

In 2019, Charles Schwab applied for 203 H1B visas. Of the work permits applied for, 96% were approved.

An in-depth look at ‘Certified-withdrawn’ H1B applications at Charles Schwab unveil that one approved work permit application was withdrawn before the employee’s start date, and one was withdrawn by Charles Schwab after the employee’s start date.

Work Permit Application Outcome

Charles Schwab has a total of 32000 employees

203
Total Applied
  • 96% Granted (194 out of 203)
  • 3% Denied (7 out of 203)
  • <1% Withdrawn Application was withdrawn by the employer before approval/rejection (1 out of 203)
  • <1% Certified-Withdrawn Application was approved but later withdrawn by employer (1 out of 203)

This data was calculated using publicly sourced data from OFLC Performance Data

Let Charles Schwab Know You Want To Work There

Overview of Candidates Interested in Charles Schwab on Comparably

Candidates By Department

All Industries
24%
Product
16%
Finance
14%
Engineering
14%
IT
11%
Other
22%

Candidates By Location

Austin
43%
San Francisco
22%
Denver
5%
San Bruno
3%
Dallas
3%
Other
24%

Frequently Asked Questions regarding Charles Schwab

What is Charles Schwab address?

Charles Schwab location is at 3000 Schwab Way

Who is the CEO of Charles Schwab?

Charles Schwab CEO is Rick Wurster, their score by employees is 70

What is Charles Schwab eNPS?

The eNPS for Charles Schwab is 1

What is the salary for Executive Assistant in Charles Schwab?

Executive Assistant average salary in the US is 67k

What are the salaries in the HR in Charles Schwab?

The average salaries for HR in Charles Schwab is 180k

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