Charles Schwab

https://www.schwab.com/
Women's Ratings
4.0
Women's Job Satisfaction (5=very satisfied)
Review User Image

CuriousOne

Marketing

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

Review User Image

Changemaker

Financial Consultant

Branch

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
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    Not eligible for bonus

  • Are Women and Men Treated Equally?

    Not for Promotion

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

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

  • Recommend to Women?

    Maybe. 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.

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anon1345

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
  • Recent Salary

    $50k-$80k

  • Recent Bonus

    $0-$10k

  • Are Women and Men Treated Equally?

    Yes

  • 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

  • Family Friendly Aspects?

    Hours, Culture

  • One Thing Employer Could Improve

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

  • Recommend to Women?

    Yes

Review User Image

Iedatkt

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
  • Recent Salary

    $80k-$100k

  • Recent Bonus

    $10k-$20k

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

    No paid maternity leave.

  • One Thing Employer Could Improve

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

  • Recommend to Women?

    Yes

Review User Image

Anonymous - 6768

Customer Service

January 1970

Great company to work for. Maternity benefits need some work.

Job Satisfaction Level

4.0
  • Recent Salary

    $50k-$80k

  • Recent Bonus

    $0-$10k

  • Typical Hours (per day)

    8 hours

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    Yes

Review User Image

Lady fairbiz

January 1970

There used to be a strong bench of women execs in the 90s and 2000s but this regressed into white male execs in the latter 2000s - definitely a pity as Schwab was a role model for women leaders in financial services. I hope they come back.

Job Satisfaction Level

4.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $20k-$50k

  • Typical Hours (per day)

    8 hours

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    Yes

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