Charles Schwab – Conservative, ultra reluctant to change or progress. This is despite the attempted narrative of being an upstart or innovator in the financial space. Bureaucratic, well beyond what I've seen at companies 3x bigger than Schwab. | Comparably

Charles Schwab – Conservative, ultra reluctant to change or progress. This is despite the attempted narrative of being an upstart or innovator in the financial space. Bureaucratic, well beyond what I've seen at companies 3x bigger than Schwab.

Charles Schwab Angeforderte Firma
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. Weiterlesen
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Conservative, ultra reluctant to change or progress. This is despite the attempted narrative of being an upstart or innovator in the financial space. Bureaucratic, well beyond what I've seen at companies 3x bigger than Schwab.

Was hat Ihnen am Interviewprozess am besten gefallen?

Recruiting teams provided a pretty good experience, especially for higher level roles.

Warum fühlen Sie sich unterbewertet und was würde Sie bei Ihrer Vergütung besser fühlen lassen?

More transparency about salary ranges, distribution, performance. Raises, bonuses, equity compensation are mostly subjective and at the discretion of managers. No connection to transparent quarterly OKRs, so you're at the mercy of your leaderships' fleeting opinion of you. Leads to bad behaviours.

Was muss geändert werden, um die Unternehmenskultur zu verbessern?

Company is so risk averse and fear driven, especially by audit (internal or external). This is to the point where it limits innovation, because any modernization requires layers of fighting through fear uncertainty or doubt (FUD) to make a tiny bit of progress.

Was läuft falsch und wie kann es verbessert werden?

In areas where a process could be improved, automated, or modernized, middle managers are often incentivized to grow their team or budget, regardless of impact to the bottom line. This has led to highly inefficient outcomes, hidden in the costs of doing business, and limits innovation going forward.

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