I think we'll be in a recession within a few months. Do you think we'll have job cuts if a recession hits?

Certain blue technology leaders want this integration to fail and be able to point the finger at green. That is obvious by the amount of “help” their teams have been in integrating these systems. It’s not about the client or the best technology... —  read more 

Working here is stressful, Schwab is very demanding. I almost got used to all that stress after working here for many years. However, what is really fascinating is how Schwab makes stressful even those things that don't have to be that way, and... —  read more 

a few nuggets from the corporate call today: Walt said WFH and workplace flexibility is not permanent! Katie Casey said that compensation is based on "cost of labor" not "cost of living" and that everyone firm wide got 3% merit increases in March... —  read more 

"Work smarter, not harder" - this is just another empty phrase that everyone uses. And what exactly does it mean to work smarter? My superior doesn't even want to hear about prioritizing activities, for him everything is always a priority and... —  read more 

Based on the reality of the Q1 earnings, there will be planned layoffs in May. Second week. No severance package. At least 1400 to be cut. Mostly STS.

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 

Share your expectations, give a $ range and upvote the answer. Sorry, couldn't create a poll.

Our overseas partners have lost write access because ... Germany is close to Ukraine or something; not really sure why. Stateside teammates are losing access arbitrarily because their contracts have expired, though the IQN system says otherwise. ... —  read more 

I certainly didn’t start to hate this place all of a sudden. I went from being full of enthusiasm and gradually came to a point of zero morale where I am today. It is difficult to work with such morale. How to regain the lost motivation? Perhaps... —  read more 

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 

Dear Simon and Mitch, thanks for basically letting everyone on our team know that we are not valued. You let go the one leader that actually knows anything about their domain. You’re left with the clown troupe. We’re all quitting very soon. Can’t... —  read more 

Starting to pull the numbers (available on Schweb) for employees to see how they drop in the coming month… will post here. 2/25 45,186 total 32,412 employees 12,774 non-employees

Ok. New poll. Who is leaving after March 4, annual bonus payout. I will post Green and Blue. If you are are leaving, just upvote the appropriate post.

Simply do a one word reply of Blue or Green if you are leaving after March 4.

Looks like the predictions for a mass exodus was all wrong. Management made a big concerted effort to provide some outstanding retention incentives. First round was in the form a some very large one time bonuses, combined with merit increases. ... —  read more 

What do you gain by mocking people who've decided it's time to move on? This might be a great place to work for some but others are not that lucky. If they decide to leave a bad situation instead of remaining stuck in it and let us know they're... —  read more 

Quirk out. JJ out. Who’s next? Competitors are ripe to pick up TOS talent right now. Goodnight TOS, goodnight sweet prince, goodnight active traders… see you at Tasty or RH

Just 18 more days to go folks. Mass exodus.

It's becoming Schwab green verses Schwab blue. Entire groups are being moved into TDA management without any communication. Directors are putting of walls. Lots of unknowns. Rumors. Again, no communication. Lots of lying. Everyone on the Schwab side... —  read more 

CD1 is all on you. We have faith. With your excellent leadership team, you will certainly deliver on time and on budget.

Former level 58 who left for greener pastures last year. I'm curious how much bonus I would have gotten. I see $30-60k referenced here a lot. What's the actual # that hit your bank account?

I have not received my performance review. No idea what my rating for 2021 is, nor any details on my final bonus payout. Anyone else in the same boat?

Unrealistic deadlines seem to have become a common practice at CS. I think that this is a recipe for disaster. I wonder if you are even trying to meet unrealistic deadlines? I'm starting to ignore that kind of pressure. I really don't know any... —  read more 

Here is an opinion of a green employee here. Zzzzzzzzzzzzzz......

I don't expect any special treatment, nor do I want some extraordinary amount of respect and appreciation from Schwab. However, I don't want to work under so much pressure and workload anymore. It's really amazing how much work I have to do. Of... —  read more 

So looks like we have a new RTO plan…but I doubt it’ll stick, either due to mass attrition or a new variant (or both). Good luck with that Schwab.

Revised schedule and numbers.

Here is an opinion of a blue employee here. I have read many of the issues that green employees are facing and some, if not most of them are shared by blue employees as well. The funny part is that you have not even seen the worst of it yet. For... —  read more 

Was anyone’s bonus or merit (should be going out in the next week) valuable enough to consider staying another year?

I thought moving to another department would be a lot easier than it turned out to be. I am quite disappointed and would now prefer to leave Schwab. Is there anyone here to share their own experience with moving to another department?

Job details Salary $139,000 - $278,000 a year Full Job Description Your Opportunity The Director will serve as the Strategy Lead for Enterprise Communications of Regulatory Experiences, which manages the digital platforms and experiences for... —  read more 

When I read some posts here, there seems to be no worse place than CS and it is ideal everywhere except here. Come on. I know people who have regretted that they have left. Of course, I also know those who are better off now. However, we should be... —  read more 

People have lost motivation and drive to do anything other than what they absolutely have to. I can't blame anybody for it, after years of mistreatment by management, nobody in his or her right mind would still want to give 110% for a company that... —  read more 

Huge round of layoffs coming in 2 weeks. Brace yourself. This is mother of all hurricanes. It is the 9.0 richter scale of earth quakes. It's like larges piece of bird manure ever hitting a major turbo fan, spanning everywhere. Getting into you... —  read more 

Oops, it is 'The Power of the Dog', well, we work like a dog

Or will they? I dare ya.

I wouldn't want to generalize, but it always surprises me over and over again how some managers are very successful at sugarcoating the facts. Is it part of their job? It shouldn't be. I don’t think any manager is better just because they are nice... —  read more