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
415
TOTAL
RATINGS
3926

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 35%Top 35% of Similar Size Companies on Comparably
Rick Wurster Charles Schwab's CEO
Rick Wurster
71 /100

Mission, Vision, & 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.

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Charles Schwab Culture At a Glance

Charles Schwab has 32000 employees. 415 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 2 months ago.

Overall, the 415 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. 415 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
62% of Charles Schwab employees call their work environment positive
Environment

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Anonymous Q&A with Charles Schwab Employees

Most Recent Q&A

How's the work life balance at Charles Schwab?

Asked to all employees at Charles Schwab

  • For my position it is terrible

See 4 More Responses

Does Charles Schwab drug test or do a background check?

Asked to all employees at Charles Schwab

  • Yes, and they are ornery about it. Especially in tech, managers have opined about how hard it is to hire with the drug test requirement...

See 2 More Responses

If you could make changes, how would you improve the culture at Charles Schwab?

Asked to all employees at Charles Schwab

  • More welcoming of working from home once/week. Also, unpaid time off options.

See 2 More Responses

How's the leadership on the Product team at Charles Schwab?

Asked to the Product Department at Charles Schwab

  • Poor at best

See 1 More Response

What do people at Charles Schwab think about the CEO? What do they do well and what can they improve?

Asked to all employees at Charles Schwab

  • I haven’t been here long enough to really know. But seems to treat employees well, except for high prices in the cafeteria and not enough...

See 1 More Response

What's the work from home policy like at Charles Schwab?

Asked to all employees at Charles Schwab

  • Pre-pandemic, work from home was largely non-existent in a formal sense. Some teams/managers/roles supported it, but it was more exceptional...

See 1 More Response

View All Questions and Answers about Charles Schwab

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

Gender Score How positively women rate their overall experience at Charles Schwab

Bottom
30%

Charles Schwab currently ranks in the Bottom 30% of similarly sized companies on Comparably

Diversity Score How positively minorities rate their overall experience at Charles Schwab

Bottom
20%

Charles Schwab currently ranks in the Bottom 20% of similarly sized companies on Comparably

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
1
eNPS Score
41%Promoters
19%Passives
40%Detractors

Charles Schwab Culture Video

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Charles Schwab Competitors Video

Charles Schwab vs Competitors

  1. 1st
    Fidelity Investments
    78 / 100
  2. 2nd
    Wells Fargo
    70 / 100
  3. 3rd
    Goldman Sachs
    70 / 100
  4. 4th
    Charles Schwab
    66 / 100
  5. 5th
    Morgan Stanley
    64 / 100
See All Competitors

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
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