Charles Schwab & Company
H-1B salaries and sponsorship, from 921 certified filings (FY2025–FY2026)
- Securities and Commodity Contracts Intermediation and Brokerage
- Main U.S. filing address: Westlake, TX
At a glance
- Charles Schwab & Company hires at the expert level. 46% of its filings are Level IV, 2.6 times the share across all H-1B employers (18%).
- Most filed: Software Engineer. 67% of its filings. After that come QA Engineer and Systems Engineer / Architect.
- Mostly above the prevailing wage. 96% of filings are above the prevailing wage. Median offer $154,877, median prevailing wage $134,971.
- 3rd among the largest filers in its industry. Charles Schwab & Company's median ($154,877) is below Morgan Stanley and Barclays and above UBS.
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Percentiles from Charles Schwab & Company's certified H-1B filings, base salary only. Jobs with at least 10 filings.
What Charles Schwab & Company hires for
Bar: share of Charles Schwab & Company's filings. Figure: median base salary. Top 10 jobs account for 97% of filings (25 occupations in total).
Show all 9 jobs
| Job | Median | Filings |
|---|---|---|
| Software Engineer | $157,003 | 614 |
| QA Engineer | $141,843 | 117 |
| Systems Engineer / Architect | $153,471 | 48 |
| Data Scientist | $141,110 | 31 |
| IT Manager | $196,630 | 26 |
| Quantitative Analyst | $132,166 | 15 |
| Risk Analyst | $151,265 | 12 |
| Database Administrator | $139,581 | 11 |
| Information Security Analyst | $156,739 | 10 |
Jobs with at least 10 filings at Charles Schwab & Company.
Pay by level
Entry-level · 1% of filings
Mid-level · 10% of filings
Senior · 43% of filings
Expert · 46% of filings
Show the table
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Entry-level · Level I | $98,613 | 10 |
| Mid-level · Level II | $125,000 | 87 |
| Senior · Level III | $146,311 | 368 |
| Expert · Level IV | $166,500 | 399 |
Median shown when a level has at least 10 filings.
Charles Schwab & Company vs. industry peers
Morgan Stanley$165,000
Barclays$159,354
Charles Schwab & Company$154,877
UBS$145,000
The Bank of New York Mellon$145,000
DB Global Technology$135,000
Goldman Sachs$127,000
Median base salary, all jobs, FY2025–FY2026. Largest H-1B filers with the same industry code (NAICS 5231).
Where Charles Schwab & Company files
Median base salary in each metro area. Rent: HUD Fair Market Rent, FY2027.
Show all 9 metro areas
| Metro area | Median | Filings |
|---|---|---|
| Dallas, TX | $153,050 | 388 |
| Austin, TX | $155,709 | 299 |
| Denver, CO | $159,883 | 75 |
| Chicago, IL | $151,450 | 40 |
| Phoenix, AZ | $153,089 | 27 |
| Raleigh, NC | $146,487 | 26 |
| San Francisco, CA | $207,525 | 23 |
| Ann Arbor, MI | $145,303 | 12 |
| New York, NY | $166,970 | 10 |
Salary details
Salary range
| Percentile | Salary |
|---|---|
| 10th | $126,718 |
| 25th | $139,892 |
| 50th (median) | $154,877 |
| 75th | $170,000 |
| 90th | $189,750 |
Salary by year
Median salary
Filings per year
Show as table
| Fiscal year | Median | P25 | P75 | Filings |
|---|---|---|---|---|
| FY2020 | $120,000 | $106,038 | $131,503 | 287 |
| FY2021 | $120,666 | $106,080 | $132,000 | 488 |
| FY2022 | $131,685 | $120,000 | $145,000 | 679 |
| FY2023 | $145,000 | $131,500 | $160,000 | 440 |
| FY2024 | $148,000 | $134,605 | $161,654 | 463 |
| FY2025 | $153,158 | $139,946 | $167,595 | 575 |
| FY2026 | $158,483 | $139,850 | $173,974 | 346 |
Pay vs. prevailing wage
Filing at exactly the prevailing wage does not mean low pay: at senior levels and in high-cost areas the prevailing wage itself is high.
Job titles at Charles Schwab & Company
| Job title | Median | Middle 50% | Filings |
|---|---|---|---|
| Manager Software Development Engineering | $150,000 | $143k–$158.6k | 206 |
| Senior Manager Software Development Engineering Senior | $165,847 | $158.7k–$175k | 190 |
| Senior Specialist Software Development Engineering | $133,967 | $127.6k–$139.6k | 135 |
| Senior Manager Software Development Engineering Lead | $180,467 | $170.4k–$191.3k | 39 |
| Specialist Software Development Engineering | $110,937 | $107.8k–$118.6k | 28 |
| Senior Manager Software Development Engineering Lead Pl | $203,031 | $196.4k–$211k | 20 |
| Senior Manager Risk Analytics Modeling | $161,675 | $154.4k–$173.9k | 14 |
| Manager Data Engineering | $138,329 | $135.3k–$141.1k | 13 |
Job titles as written on the filings, with at least 10 filings. Middle 50%: 25th–75th percentile.
About Charles Schwab & Company
Charles Schwab & Company's filings list its industry as Securities and Commodity Contracts Intermediation and Brokerage (Finance and Insurance sector, NAICS 5231). Its main U.S. filing address is in Westlake, TX and its filings in the data run from FY2020 to FY2026 Q3. In the latest two fiscal years, the most filed jobs are Software Engineer, QA Engineer and Systems Engineer / Architect and the main metro areas are Dallas, TX, Austin, TX and Denver, CO. The most common wage level in those years is Level IV (expert).
Questions
Does Charles Schwab & Company sponsor H-1B visas?
Yes. Charles Schwab & Company filed 921 certified H-1B Labor Condition Applications in FY2025–FY2026, the latest two fiscal years. The most recent filing in the data is from FY2026 Q3. A certified LCA is a step before the H-1B petition; it is not a visa approval.
How much does Charles Schwab & Company pay H-1B workers?
The median base salary on Charles Schwab & Company's H-1B filings is $154,877; half of filings fall between $139,892 and $170,000. Bonus and stock are not included.