Who do I have to blow to get a Distinquished Engineer title?
I know that some will now say that have many objections, not just one. Those at the top are perhaps too destructive. I also wish we would get a new leadership, but I'm afraid it's just wishful thinking. I think that in any case I will leave Schwab... — read more
We know it's coming, right...
Have a HR question? Submit a case. Question about change in benefits? Submit a case. Employee dies, submit a case. If you ask 5 different people you will receive 5 different inconsistent answers. You try to search the Schweb or myHR and you... — read more
I wonder how many such cases are there, people who are just waiting to get a bonus before they leave. I think there will be a lot of resignations, judging by my colleagues' comments. I am also just waiting for the bonus and then goodbye CS.
I left Schwab recently. I’m happy I did, but it’s not as bad as people a few voices on this forum make it out to be. Yes, there’s lots of confusion with the merger and yes, there are groups where it sucks to work. But its not all groups If you... — read more
His lack of vision and leadership are the main reasons STS has been stagnant for years now. Well before covid and TDA. He lacks vision and awareness of the modern workplace and his own org. Schwab technology needs a better leader to drive change.
There are too many managers, too few leaders. I do not believe that the number of managers here will ever decrease significantly, but I wonder how many of them do you think are redundant at Schwaab? Someone said if 300 project managers were cut... — read more
Will Schwab really attempt to bring two cultures together and become teal or will they dig in, remind green that they got bought and then turn darker blue?
Did anyone else get their request to work from home 70-90% rejected? My position requires a license. But the information provided said as long as it’s not the 9/10. All metrics and progression were reached for every quarter this year. There was... — read more
There are many who argue that the CS should be reorganized without delay. There are also those who think otherwise, of course, but I am primarily interested in what are the arguments for the reorganization of those who claim that it is necessary... — read more
I transferred all of my money (admittedly this is a pittance) out of TD Ameritrade and put it into a new brokerage account. Planning to do the same with my slightly larger pittance at Schwab eventually. Moved out of TDA because I don't have a lot of... — read more
Anyone hear what may happen in Q1? Any plans for further cuts, or is this it given current attrition rates?
How large does the retention bonus need to be to make it worth while to stay whether you accept the Schwab date of Fall, 2023 for clearing conversion or the dates presented here (2025 or so). Someone asked this great question on one of the... — read more
CD1 is all on you. We have faith. With your excellent leadership team, you will certainly deliver on time and on budget.
Another TDA leader has had enough. Such a shame...
Can someone please respond to this with some details on what's mentioned on today's call? I'm sure Schwab will just carry on like nothing is happening but I think we would all like to hear any details mentioned
They trivialize how difficult this integration is. Green was at a whole different level when it came to supporting the active trader segment in features, performance, experience, support…list goes on and on. Blue systems are not ready for that... — read more
Is anyone happy about the bonus situation? I was surprised, but not in a good way, when they left “green” percentages the same. Makes sense I guess as then they don’t have to raise our base. But now I’m getting $1K per quarter when I used to get more... — read more
anyone have insight on when data centers will be shut? trying to figure out when I need to start looking for a new job. really hate the vendor that they brought in to run things. they take shortcuts and escalations to senior management fall on... — read more
What amazes me most about Schwabtards is the arrogance. They think that Green side is bitter. No, we’re just disappointed that we weren’t given the opportunity to make Schwab great. TDA did everything better than Schwab on tech side, with way less... — read more
Many say Schwab can't afford to lose more people, at least not for a while. But is that really so?
There is a lot unknown about omicron. Are going to be full steam ahead and lets get everyone back in the office and party like we don't care?
What is the sentiment on if Schwab will be able to finish the Ameritrade integration by 2023? Are things on track?
Schwab's transitioned to a new bonus structure as a % of base salary. Existing employees have their bonus % based on where they are today. However standard rates have been set for future hires that in some places exceed existing employees % bonus for... — read more
It’s funny to me when people suddenly complain that they’re overwhelmed with work here, because I’ve been overwhelmed ever since I came here more than 10 years ago. The only thing is that I love my job so I didn’t complain much about the amount of... — read more
If Schwab wants to keep the best people, perhaps a double digit raise would slow down the attrition. However, this is not realistic to hope for, so it is quite clear that this will be soon become a very different company made up of completely... — read more
What are your thoughts about potential Charles Schwab layoffs? Any chatter, news or rumors?
What is the overall vibe you’re hearing on if people are going to return to the office or leave before that ever happens?
These days I’m a little nostalgic when I remember what it used to be like to work here compared to what it is today. Who would have thought a few years ago that today this would be a company where mediocrity is more valued than those who really... — read more
Guess my prediction held… just got a note from my MD about a single layoff in our area, and a ping about an unexpected one in another area. Seems to be long-tenured folks mostly. Let us know if you hear of/see anything.
So we’re getting close to year end, and it’s been radio silence about any sort of comp discussions. I keep hearing November/December, but I also don’t see many of my colleagues waiting to find out how much/little Schwab plans to bring to the table. — read more
Advice to all young employees who are eager to prove themselves here----- the fact that you are overwhelmed with work gives you a false illusion that you are in high demand and trusted with a lot of tasks. It's a trap. It may be good for your... — read more
Title should say it all. Good luck everyone.
11/15 is the confirmed date. Several hundred will be impacted. Coverage across both Green and Blue.
For now, I am satisfied with the pay, but the general atmosphere is such that I very often want to work in another bank. If the atmosphere was at least a little better, I think many who are leaving would choose to stay a little longer. I am... — read more
If you work in technology and are concerned about being laid off from Schwab...don't! It's a sellers’ market. Calling Schwab's ethos for technology solutions (both internal & client facing) archaic is not an insult but a statement of fact. Schwab... — read more