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Charles Schwab

https://www.schwab.com/
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Luckyduck08

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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
5.0
  • Recent Salary (USD)

    $80k-$100k

  • Recent Bonus (USD)

    $10k-$20k

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Yes

  • Family Friendly Aspects

    Policies

  • Flexibility of the employer

    1 2 3 4 5

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

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

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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
4.0
  • Recent Salary (USD)

    >$150k

  • Recent Bonus (USD)

    $50k-$75k

  • 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.

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion

  • Family Friendly Aspects

    Hours, Culture

  • Flexibility of the employer

    1 2 3 4 5

  • 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.

  • One Thing Employer Could Improve

    Promote more women into leadership positions

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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
5.0
  • Recent Salary (USD)

    $100k-$150k

  • Recent Bonus (USD)

    $0-$10k

  • 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.

  • Are Women and Men Treated Equally?

    Yes

  • Family Friendly Aspects

    Hours, Culture, Policies

  • Flexibility of the employer

    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.

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

    Promote more women into leadership positions

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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
4.0
  • Recent Salary (USD)

    $100k-$150k

  • Recent Bonus (USD)

    $20k-$50k

  • Took Maternity Leave Here? (Weeks)

    12 paid / 12 unpaid

    6 weeks of maternity and 6 weeks of family leave.

  • Are Women and Men Treated Equally?

    Not for Promotion

  • Family Friendly Aspects

    Hours, Culture

  • Flexibility of the employer

    1 2 3 4 5

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

  • Recommend to Women?

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

  • One Thing Employer Could Improve

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

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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
4.0
  • Recent Salary (USD)

    $100k-$150k

  • Recent Bonus (USD)

    $10k-$20k

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Not for Pay

  • Family Friendly Aspects

    Hours, Culture

  • Flexibility of the employer

    1 2 3 4 5

    flexible work arrangements and working from home is discouraged

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

    Improve my compensation

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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
3.0
  • Recent Salary (USD)

    >$150k

  • Recent Bonus (USD)

    $20k-$50k

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Yes

  • Family Friendly Aspects

    Hours, Culture

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

    Promotion

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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
4.0
  • Recent Salary (USD)

    >$150k

  • Recent Bonus (USD)

    $10k-$20k

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Yes

  • Family Friendly Aspects

    Hours, Culture

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

    Improve my compensation

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Changemaker

Financial Consultant

Branch

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January 1970

There are multiple fantastic benefits of working here (health plans, 401k match, very ethical), but currently there ability to integrate work and family is fairly limited.

Job Satisfaction Level

3.0
3.0
  • Recent Salary (USD)

    $100k-$150k

  • Recent Bonus (USD)

    Not eligible for bonus

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Not for Promotion

  • Recommend to Women?

    I am in sales and have the same compensation structure as my male colleagues. My challenge is finding flexibility to be a parent. If you don't require flexibility then there are many wonderful reasons to work at Schwab. If you need or anticipate needing flexibility the you should discuss those needs during the hiring process.

  • One Thing Employer Could Improve

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

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anon1345

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January 1970

Support of flexible work schedules and overall culture vary from department to department, and are largely dependent upon your organization within Schwab, or even your direct reporting structure. In most areas, there are great leaders, male and female, and there are many positive initiatives in-process to continue to make Schwab a great place to work. I would say that the company in general supports work-life balance. However, without many formal policies in place (e.g., telecommuting often depends solely on whether or not your director/VP is supportive) and outdated/inadequate benefits (e.g., maternity leave is bare minimum), Schwab has room for improvement in several key areas.

Job Satisfaction Level

4.0
4.0
  • Recent Salary (USD)

    $50k-$80k

  • Recent Bonus (USD)

    $0-$10k

  • Took Maternity Leave Here? (Weeks)

    12 paid / 0 unpaid

    1 week paid by company, 6 weeks paid by 66% short-term disability (had to sign up for during open enrollment) and 33% accrued sick time, remaining 5 weeks paid by straight accrued sick time

  • Are Women and Men Treated Equally?

    Yes

  • Family Friendly Aspects

    Hours, Culture

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

    Improve my benefits (e.g. medical, maternity)

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Iedatkt

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January 1970

Depending on which group you work with, there are amazing leaders who understand the difficulties of working parents and provide support; however it would be nice if the overall company would support this instead of making it bureaucratic. Also there is no paid parental leave, which holds them back as a great company to work for.

Job Satisfaction Level

5.0
5.0
  • Recent Salary (USD)

    $80k-$100k

  • Recent Bonus (USD)

    $10k-$20k

  • Took Maternity Leave Here? (Weeks)

    None taken

    No paid maternity leave.

  • Are Women and Men Treated Equally?

    Yes

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

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

Have things gotten better, worse, or stayed the same for women at Charles Schwab in the past year?

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Women Review Charles Schwab for Culture, Pay and Gender Equality | Fairygodboss

Free, anonymous reviews of Charles Schwab by female employees, including pay, hours, maternity leave, flextime, and company culture

stars, based on 12 reviews Company Website Luckyduck08 womenrock SmartBlond Euskadi71 DC12345 CuriousOne Changemaker anon1345 Iedatkt