Omaha branch office is a joke. The manager is insecure of his leadership skills and undermine employees he feels threaten by. The ABM has zero sales experience.
Schwab Stock
Is the stock even worth holding? It seems like an SP500 etf would be a better investment.
I try to change jobs often
You should too. No point in today’s corporate US to stay anywhere too long. Chances of long-term commitment resulting in pay raise, career advancement, skill improvement, better CV, are next to none. So I’m always on the lookout for something better... — read more
Layoffs today
So I’m hearing rumblings of layoffs today. Can anyone confirm?
Any special reason as to why they’re cutting coffee hours?
Today for quite a few campuses they announced that the coffee shop(s) would have reduced hours. Is there a special reason as to why?
Would love to see Dell replaced with Schwab in this headline
Almost half of Dell's full-time US workforce has rejected the company's return-to-office push https://www.businessinsider.com/us-dell-workers-reject-return-to-office-hybrid-work-2024-6 RTO isn’t the d-mbest policy we have. But it’s close enough to... — read more
Layoff Terminology
A layoff is just a fancy way of saying you no longer bring value to the company for what you are getting paid. All of these employees have stayed stagnant and have not improved their skillset. Look in the mirror.
Moving Personal Documents
If I leave Schwab, I have a few personal spreadsheets or documents I’d like to get to my home PC… nothing related to CS. What is the best way to do this without setting off alarms? Or, does this require simply getting permission from the right... — read more
HR Insider’s Secrets: Here’s What Companies Aren’t Telling You About Layoffs
This video shows what happened in Schwab between march 2023-Jan-2024. even it not related but I have seen that happening. Lucky to jump ship before that https://www.youtube.com/watch?v=WWX7DYh69yg
Why we are keeping the harness team, yes that magic (🤮🤮) CI/CD team?
Why we are keeping the harness team? nor they can complete work. Neither they can onboard a new team. contactor cheap talk without substance. Better just to revamp them, even if the tool is good (some feel so), a team that is trying to... — read more
Time off cancelled
What a joke. Got an email today that my July 5th request was cancelled. Reason I got from my manager is because of staffing. She is still taking the full week off, no questions asked. Is there a single leader that is willing to lead by example? Take... — read more
Hog slop
Charles Schwab exemplifies corporate violence through its failure to provide a living wage for most of its employees. The company subjects its workforce to intense labor demands without adequate support or meaningful solutions to long-term issues... — read more
Left us out to dry
No statement from Schwab to clients or even Schwab to employees on all the tech issues, and we get yelled at by these clients who have no communication from anyone. It’s the phone reps who have to bear the brunt of this cr-p. I’m so tired. This is as... — read more
Is there a point in being hard working and committed?
I don’t think so. You get literally nothing in exchange. Or maybe you’re supposed to wither and die in a workplace so you don’t get fired? Not worth it. I just find it funny that companies where mgmt-worker pay ratio is, lets say, 300:1 and mgmt can... — read more
Advice for proper way to leave and make sure I take care of my health care needs as well
On the last day of employment you have insurance benefits for the remainder of that month. I want to give a two weeks notice but if they do not honor my notice then I will miss out on health insurance for the next month. I want to give notice but... — read more
Schwab test and development going down
Surprised no one has said anything about this but why has the schwab test and development regions been down for like weeks now. Our technology leads need to get their heads out of the sand and realize the p-o is fitting the fan yall messed up... — read more
Officially have moved on from Scwhwab
It feels good to have accepted an offer after spending 8 months out of a job because of Schwab's poor management. I used to love CS pre-pandemic, I felt valued and genuinely enjoyed going to the office and working on the projects. If anything, I... — read more
Schwab users are seeing inaccurate stock data on the investing platform
https://www.marketwatch.com/story/schwab-users-are-seeing-inaccurate-stock-data-on-the-investing-platform-f782470b
Another tech issue
Can we have one day without a tech issue??? Come on man I’m about to quit
Trading accounts
I received an offer I trade marginally successfully to keep up with inflation does CS ban trading if hired as employee?
Schwab website and app down
See Reddit for how clients are really feeling https://www.reddit.com/r/Schwab/ Anyone still at Schwab willing to spill the tea?
RTO mandate purpose suspicions by employees were spot on
Read it here: https://www.theregister.com/2024/06/09/rto_quit_study/ If corporations cared about in person collaboration, they would create colocalized teams.
DEI
Anyone seeing this promoted in their location?
Any Insight for post-TG layoff??
Rumors in the air for post-TG layoff, especially for those remote with office shut down/size, or totally no office??/
Accessing Documents Post Termination
What would be the most efficient or resourceful method for retrieving documents and records after termination? For example: how we can view PTO that should be paid and the payroll sheets for that. Also ESPP and any post pay records? I was... — read more
Thanks Walt for the travel mug
I worked free overtime on nights and weekends for the past 18 months because our team is understaffed but the workload kept increasing. We asked for help and was told we all need to sacrifice In 2009, you received a base salary of $900,000. It's... — read more
Last day at Schwab. This place was terrible by all accounts
Last day today. 2 yrs of CS&S 1.8yr of SPCS. OSAT was a joke. Metrics were a joke. WFM was the straw that broke the camels back. Bonuses were cut. No final TG bonus. These cheap ba----ds even added a 1$ charge for thrive delivery when it was free... — read more
May TG
These may tg clients are breaking my spirit. I’ve never been screamed at , ordered around, or treated like a dog more than this group of clients that have come in. Management does nothing but say “just power through it!” How can I? I’ve been here... — read more
Why doesn't anyone in STS get promoted anymore?
I know Simon is about as lifeless as it gets and it's just about impossible to get work done but when was the last time anyone was promoted? I had a conversation with someone from another team today and we couldn't name one person that we knew that... — read more
A pointed post on Schwab Infrastructure
This is a very focused reflection on our Schwab Infrastructure organization. I was proud to be part of this organization when I hired on in Phoenix. As more Denver-specific people were hired over the years, this has become a cliquey, hatred-filled... — read more
Micro Managing
Deeply regretting my choice to become a senior team manager. Is there any room for movement after here? I spend my days taking attendance. Dealing with a director that is a micromanager. I have the highest performing team and I do not promote... — read more
Most Toxic Postings are here
Just passing through and Schwab must have the worst postings. Seriously the most hated company by employees / ex-employees this year. Almost like the next Enron.
What is Stopping?
What is Stopping Schwab from Discard or Revamp the Harness Migration Team, it turning out another waste of money? a) FTE Dum ducks they promise under delivery. They have no idea what they doing They were given a mission to... — read more
Robinhood says it picked up new customers since last group of TD Ameritrade users moved to Charles Schwab
https://finance.yahoo.com/news/robinhood-says-picked-customers-since-155300069.html Seems merged happened but point of merger is lost?
FINRA Statement to Correct Misinformation About the New Residential Supervisory Location Rule
Good communication posted by FINRA yesterday. Of interest is this part of the statement: "FINRA has seen recent statements from firms stating that new, stringent rules from FINRA will require them to bring their workforce back to the office full... — read more
Corporation is nothing but big incense family,
I was going the through data, and just saw very eye opening data. Which is some thing like this. All Corporation including Schwab is big incense family, There Carrot is another corporation hole and vice versa. One falls every one falls. Retail... — read more
Rate our bosses?
Anyone know if there is a way to “rate/grade” certain leaders? Outside of glint? Or maybe even on a 3rd party website… Would be great to have a safe way to rate those leaders in the firm, both positively and negatively as it applies.
Engagement surveys are a corporate scam
Schwab only uses them to control the narrative and to give the illusion of action. We certainly haven't seen any action as the culture at schwab is at an all time low and it's more siloed than ever here now. Not to mention how difficult it is to get... — read more
How much talent did we lose
Seems like every study is saying RTO was a bad idea https://arstechnica.com/information-technology/2024/05/rto-mandates-led-to-pronounced-exodus-of-senior-workers-at-top-tech-firms/
What is the policy on rehiring the laid-off resources?
What is the policy on rehiring the laid-off resources?