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Charles Schwab

REIT - Real Estate Investment Trusts

GENERAL INFO

Headquarters: San Francisco, CA
280 offices (Company stats)

THE BUZZ…
"Bottom of the barrel"
"Fantastic technology"
"Past its prime"
"Growing, strong platform"

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REVIEWS


Inside opinions that matter, collected by Vault from employees at companies around the world.

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SALARIES


Charles Schwab salary & compensation reviews include all signing and year-end bonuses, vacation time and other perks and reimbursements that make up total compensation.

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SURVEY SAYS


Changes in place

There's a pretty large chasm separating schools of thought regarding the company's culture, but one thing's for sure--the firm has been going through some big changes in recent years. "Schwab used to be the greatest place in the world to work," says a current insider. "But it's now like any typical corporate environment, driven by bureaucracy and senior managers who have not grown up with the company, plus constant reorganization that makes us go two steps back for every step forward." The source adds, "So few members of the executive team have Chuck's passion for the employee and the customer. What they have to offer to the investor is so awesome, but the politics and decision-making methodologies now being used are not good." Another adds that the corporate culture is "overall, sad" and that "the company has been scarred with so many layoffs resulting from contradicting strategies that employees are not only intimidated, but resentful."





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DISCUSSIONS


New Topic: Drug Test Northwestern Mutual (2 replies)
Last reply: And you posted this on the Schwab board why? …

New Topic: Drug Test Northwestern Mutual (2 replies)
Last reply: Hey, I am interviewing for an internship with Northwestern Mutual in about three weeks. I was just wondering if anyone knows if they drug test …

New Topic: Layoffs
Wall St. Journal, today 4/16/2009, - Schwab met its quarterly target but due to a projected slip in 2009 revenue announces another 500-600 …

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Charles Schwab Perspective


Getting Hired



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Tips from the inside

Try not to freeze

According to the firm, ideal candidates are "individuals who want the chance to learn, grow with the company and explore their career opportunities." But insiders say it's not easy to land a Schwab job these days. One explains this is due to the "frequent hiring freezes." Another contact attributes it "mostly to the cutbacks." Candidates who do get asked in could expect to have "up to three interviews." "The interviewing process goes on forever," says a source. Another explains that Schwab "tends to have many people interview job candidates given the matrixed nature of its organization--successful candidates must display success and skill at building consensus and working in teams." The contact adds, "Functional knowledge, experience and expertise, especially in the financial services industry, is becoming increasingly important as Schwab evolves to provide more financial and investment advice for its clients and increases its range of financial services it is providing."


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Jobs in REIT - Real Estate Investment Trusts

Ft Lauderdale , FL
GREENWICH , CT
GREENWICH , CT

NEWS AND UPDATES

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