Topics regarding layoffs at Charles Schwab Corp.

Topics regarding layoffs at Charles Schwab Corp.


Did everyone else who is salaried get very poor raises? Schwab made record all time profits last year and we got short changed. Inflation is rising so much that now I feel like I’m making less even though our workloads are much higher. Now they are... —  read more 

The final straw to leave

Sometimes it is not easy to make the decision to leave, especially if the other offers are not that much better. However, lately I am more and more sure that leaving is the best option because the amount of work I have to do, the level of stress... —  read more 

Inadequate pay

Considering the amount of work I do and my responsibilities here, I feel quite underpaid. Has anyone asked to get a reasonable raise or is it better to focus on looking for a new job?

Bonus %

Level 57 (non-STS) here and my bonus target is 15% of base salary. Does this increase with career progression as you move through the levels or is it pretty much fixed until Level 60-61?

Big disappointment

I really thought Schwab was a much better place than it turned out to be. Elsewhere, too, the employee should mostly be a yes man and glorify his manager in order to be more comfortable at his job, but here it's all about over-inflated egos... —  read more 

Attitude Change Required

Employees matter, but he clients matter more. That’s why the business exists in the first place—to serve clients. You work for the company, they don’t work for you. You may be entitled and have the attitude “well I’ll just go somewhere else, it’s an... —  read more 

SCS Leadership

Awful. On so many levels. Everyone is burned out. I’ve never seen anything like it. Direct people managers don’t know what’s going on, upper management is touting themselves as “premier” and building “world class service”. We’ve been hearing for 2... —  read more 

Message to IO&C leaders

It’s amazing how you plead ignorance whenever someone good leaves and then think offering an on the spot promo can actually force someone to stay. People are leaving because they can’t stand the Simon says culture, constant change in direction and... —  read more 

Prevent mass attrition!

Can Schwab do something to stop all my best colleagues from leaving? Maybe they should first examine why people are leaving in the first place? Everything that leadership does in this regard is not effective. This has already become awful. Some... —  read more 

Overworked and exhausted

I don't really care if it's a normal attrition or a mass exodus. The only thing that interests me is what does Schwab intend to do so that those of us who are left would not be so overworked? I can work under this pressure for another month, after... —  read more 

I see no reason for cuts

My colleagues are talking about possible cuts, many rumors are already circulating, some are already looking for other options, thinking that they might be a target. I wouldn't say that Schwab is doing badly, and that's why these rumors surprise me... —  read more 

Start a new thread - post a news comment, question or message: