Charles Schwab

https://www.schwab.com/
Women's Ratings
4.1
Women's Job Satisfaction (5=very satisfied)
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katelia

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January 1970

It is a workplace with a friendly culture, and great benefits. For an upwardly mobile woman, you will need to be political, as you would in any place, to be seen and heard often by senior leadership. It is a hierarchical organization, so you would want to play by these rules if you want to play the game. If you don't want to play the game, it is a comfortable place to work, with nice people to work for and with.

Job Satisfaction Level

3.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $10k-$20k

  • CEO supports Gender Diversity?

    I'm not sure

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion

  • Level of Flexibility

    1 2 3 4 5

    Flexible with limits. If someone works from home too often, people will start to notice. There is also a requirement to log all the hours where you are working remotely.

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours, Culture, Policies

  • One Thing Employer Could Improve

    I was laid off. But, if I had the chance, to choose to leave, I would have stayed if my opportunities were more challenging. My team endured much organizational changes, and I ended up in a role where tasks were repetitive and uninspiring.

  • Recommend to Women?

    Finance industry is a traditional old-boys club, but it recognizes it needs to change. However, during this transition from the boys club to becoming more diverse, which also includes hiring and promoting more women in senior leadership, Schwab is open to the idea and wants to do the right thing. It may be harder for women to gain higher rankings in the company, but with the right persistence, it can happen. Or, at least, one can learn from the experience.

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Jeremiah29:11

Talent Sourcing Advisor

Human Resources

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January 1970

They genuinely care about equality and have an inclusive culture.

Job Satisfaction Level

4.0
  • Recent Salary

    $80k-$100k

  • Recent Bonus

    $0-$10k

  • CEO supports Gender Diversity?

    Yes

  • Are Women and Men Treated Equally?

    Yes

  • Level of Flexibility

    1 2 3 4 5

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours, Culture

  • One Thing Employer Could Improve

    Improve work-life balance and policies (e.g. flex-time, limit face time)

  • Recommend to Women?

    Yes

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anon3722

Client Specialist

Finance

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January 1970

Schwab is a great company to work for. However you definitely need to push to get ahead. Thx

Job Satisfaction Level

5.0
  • Recent Salary

    $50k-$80k

  • Recent Bonus

    $0-$10k

  • CEO supports Gender Diversity?

    I'm not sure

  • Are Women and Men Treated Equally?

    Yes

  • Level of Flexibility

    1 2 3 4 5

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours, Culture, Policies

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    Yes

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Luckyduck08

Product

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January 1970

As of 2017, Schwab added a paid leave policy. Schedule flexibility varies by department.

Job Satisfaction Level

5.0
  • Recent Salary

    $80k-$100k

  • Recent Bonus

    $10k-$20k

  • CEO supports Gender Diversity?

    I'm not sure

  • Are Women and Men Treated Equally?

    Yes

  • Level of Flexibility

    1 2 3 4 5

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Policies

  • One Thing Employer Could Improve

    Improve work-life balance and policies (e.g. flex-time, limit face time)

  • Recommend to Women?

    Yes

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womenrock

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January 1970

Not a great place in terms of upward mobility, however it has great work life balance. In the process of moving jobs out of San Francisco to cheaper states.

Job Satisfaction Level

4.0
  • Recent Salary

    >$150k

  • Recent Bonus

    $50k-$100k

  • CEO supports Gender Diversity?

    I'm not sure

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion

  • Level of Flexibility

    1 2 3 4 5

  • Took Maternity Leave Here? (Weeks)

    None taken

    Schwab did not have a maternity policy until January. I believe it is now 6 weeks for the primary caregiver and 1 week for the non-primary.

  • Family Friendly Aspects?

    Hours, Culture

  • One Thing Employer Could Improve

    Promote more women into leadership positions

  • Recommend to Women?

    Depends on which stage of their lives they are in. Not a great place in terms of upward mobility, however it has great work life balance.

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SmartBlond

Senior Manager

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January 1970

There are more gender inequality struggles among financial advisors than among office roles like mine.

Job Satisfaction Level

5.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $0-$10k

  • Are Women and Men Treated Equally?

    Yes

  • Level of Flexibility

    1 2 3 4 5

    Flexibility is determined manager-by-manager. Culturally, working from home is generally not supported at the top of the house, so I feel guilty when I do it. Even though I'm putting in more time and being more productive when I do it.

  • Took Maternity Leave Here? (Weeks)

    None taken

    Schwab just increased their parental leave time off to 6 weeks paid. If I were still having kids, I'd be pumped about that.

  • Family Friendly Aspects?

    Hours, Culture, Policies

  • One Thing Employer Could Improve

    Promote more women into leadership positions

  • Recommend to Women?

    Yes

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Euskadi71

Managing Director (MD)

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January 1970

Overall the culture and environment are very positive. Pay is at the lower end of the average for the industry. Only have a few female senior leaders at executive level.

Job Satisfaction Level

4.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $20k-$50k

  • Are Women and Men Treated Equally?

    Not for Promotion

  • Level of Flexibility

    1 2 3 4 5

    Pretty flexible although they track working remotely and monitor those hours.

  • Took Maternity Leave Here? (Weeks)

    12 paid / 12 unpaid

    6 weeks of maternity and 6 weeks of family leave.

  • Family Friendly Aspects?

    Hours, Culture

  • One Thing Employer Could Improve

    Improve work-life balance and policies (e.g. flex-time, limit face time)

  • Recommend to Women?

    Overall good company but they can do more on diversity at senior leader level.

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DC12345

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January 1970

Overall great place to work but depends on department and manager.

Job Satisfaction Level

4.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $10k-$20k

  • Are Women and Men Treated Equally?

    Not for Pay

  • Level of Flexibility

    1 2 3 4 5

    flexible work arrangements and working from home is discouraged

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours, Culture

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    Yes

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Anonymous - 10596

Managing Director (MD)

Markets

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January 1970

Great work life balance, but very poor maternity leave

Job Satisfaction Level

3.0
  • Recent Salary

    >$150k

  • Recent Bonus

    $20k-$50k

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours, Culture

  • One Thing Employer Could Improve

    Promotion

  • Recommend to Women?

    Yes

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CuriousOne

Marketing

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January 1970

Schwab is generally very supportive of women and there is a growing bench of women leaders. Depending on your department you could have more or less flexibility. But, policy-wise, flex schedules and maternity leave are extremely lacking. There is zero paid maternity leave (all disability based) and very limited, only 3 months and tacking on vacation time is frowned upon though sometimes understanding bosses approve it. But for smaller company wanting to recruit the best talent, this maternity leave situation needs to change and technology and culture need to improve/adjust to make more flexible work schedules work...

Job Satisfaction Level

4.0
  • Recent Salary

    >$150k

  • Recent Bonus

    $10k-$20k

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours, Culture

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    Yes

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