Thread regarding Charles Schwab Corp. layoffs

Walt's Flexibility

Who else has heard Walt's s-b story about being a single dad that nearly quit the firm because he needed extreme flexibility to take his kids to school? He needed the flexibility to pick them up and get them where they needed to be. He needed the flexibility to be there for them. He couldn't relocate to be with his team. He needed flexibility that was somewhat unheard of at the time. He was ready to resign. But no! Schwab was different. Chuck gave him whatever he needed. That's how the firm is. It's in our culture. Trust is everything.

I now sit back and wonder if Walt ever imagined he'd be responsible for enacting a policy that this same "flexibility" [or lack thereof] would result in his termination. Unlikely. You see by this time he was already a one-percenter so I think we all know that's all it is; a sound byte and s-b story for town halls. Not the Schwab way.

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Post ID: @OP+1ncZ73Fi

6 replies (most recent on top)

Step down Walt.. lol

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Post ID: @4yyy+1ncZ73Fi

I find it to be a very difficult that Walt received all sorts of flexibility so he can be there for his children (rightfully so!) and as noted in the article he only missed 8 games in 8 years for his son. Yet, when we (the lower level employees) need and want flexibility for the same exact reason, we are not permitted. Why is it that he can drop his kids off at the bus stop and be there to pick them up but the rest of us can’t. Did EC not think that would be a stark difference in how you treat people? Never would have thought we would prioritize our employees like that. Very sad and hurtful as we all have families and need/want balance.

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Post ID: @1kxq+1ncZ73Fi

You believe that story? Must have been when is nannies quit

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Post ID: @1fxd+1ncZ73Fi

I came from Green and I've heard this story 4-6 times in Walt's meetings.

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Post ID: @swp+1ncZ73Fi

https://www.the-daily-record.com/story/news/2016/02/08/people-first-success-will-follow/19515345007/

Here is the article that the OP was refefenceing.

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Post ID: @ohe+1ncZ73Fi

I never heard this. Do you have a link?

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Post ID: @oen+1ncZ73Fi

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