Look, I know this is where people come to complain and plenty of people wish for the old WFH but I'm impressed with Schwab's (and Rick's) commitment to the current system for 2025. It's provided flexibility to so many employees I know and I think... — read more 

I work on the phones in CS&S and make less than a Costco clerk and I had to get a series 7. When is Schwab going to raise its pay for its frontline employees? How can we talk about though the client’s eyes when Schwab can’t even pay a living wage... — read more 

I’m sad to say this, but unless you are of Indian descent, your days in a technology role are numbered. I see it happening everywhere. People leave, and a certain type of person takes their place. It’s happening before our very eyes whether anyone... — read more 

Our fearless leader, Rick, is following in Walt's footsteps by refusing to accept anonymous questions as part of the Corporate Update. What is he afraid of?

How do I apply for internal job? Do I have to let my current manager know that I'm looking for positions or that happens after my new team offers the position? Also, what can I expect during internal interviews, are they similar or less difficult... — read more 

Anyone have any idea where they are looking to open more buildings and branches up?

https://riabiz.com/a/2025/1/23/schwab-shares-spike-but-its-new-ceo-mostly-plays-defense-after-analysts-ask-why-its-ria-clients-hit-net-new-asset-growth-norms-and-schwab-retail-is-stuck-at-35-growth

My Manager has the whole team on a call and is bullying us to give 4's and 5's in Glint Survey. WTF !

Does anyone who work with offshore support teams (India) have issues with them waiting for someone from the US to resolve overnight issues? Why are they even around if someone from the US will fix the issue anyway. This is also concerning as it seems... — read more 

If looking towards brilliant basics, this may be a place to start. This does not make it easier for the rest of STS to provide service to Schwab business units. This dept generates more work, spreadsheets, emails and reports. Something is terribly... — read more 

Why do service-based companies have individuals with non-technical or non-computer-related majors on H-1B and L-1 visas, considering that H-1B is intended for technical roles? How are they eligible for such visas?

Applying for the third time for medical accommodation. Last two times it was just the same letter from my doctor that I uploaded. Now it’s a super specific form, that seems overly invasive to me… and I’m not thrilled about the doctor having to send... — read more 

Don't hold back in the comments section. Please feel free to tell a good joke. I need a good laugh.

Layoffs happened today unannounced. Not sure if regime change of financial struggles

Are the phone reps the only ones that actually had to RTO? How come other departments have completely empty floors even on in office days? Seems we been sold a bill of lies

What is the reason (if any) that leadership cannot alternate WFH days by building to help alleviate traffic and commute time? Doesn’t have to be a massive reduction either, even 1-2 less days in office per month split across campus would go a long... — read more 

Is 50 plus discrimination real?

Can't wait for 5 day in person at Schwab.

Jesus Christ, work from home and stop taking out the entire work force. Managers should shame people into going home. I don’t know what kind of culture it is where you expect to be praised for coming to working and coughing your phlegm on everyone... — read more 

I’ve seen a couple of comments on this page about the Austin office closing in 2026 & was wondering if anyone could provide any more info? Of course, this site is all rumors but often there’s some truth behind the rumors, so curious if anyone has... — read more 

Or have encountered any of the other tactics Schwab leadership uses to avoid paying severance when letting someone go? Ironic for a company whose motto is "trust is everything...earned over time, lost in an instant" to try to cheat employees out of... — read more 

With all the layoff talks, is the Chicago office safe? Been there a few years and thought about asking to transfer to Texas.

We are so glad to see you go! You robbed the company for hundreds of millions for average stock performance, lost the trust of the workforce, and left the company in a bad position figuring out what to do with the bank. Don’t let the door hit you on... — read more 

Our area’s rating went from number 4 overall to 24! Ha ha that’s what happens when you do outside surveys and not rigged internal ones. Check your area’s 2023 vs 2024 numbers. Hope they get the message soon but to be honest it is probably already too... — read more 

I got approval to change my work location from Denver to Austin months ago. I was finally all set to move in just a few weeks. I signed a lease for a house. My wife even got a job there. She already gave notice at her current job. Today I was told... — read more 

It would make sense, because seniority, coming with accumulated knowledge and proven skills, costs the company more. But I’ve noticed as of recently that they’ve been targeted more frequently than usual in my immediate environment. They are being... — read more 

Why are there some posts with a large number of negative reactions when the average post does not have that? Is Schwab doing it for damage control?

The new “Champions club” announcement just made me roll my eyes. I don’t want to fly somewhere to hobnob with execs, that’s a prize?!? Just give me the money as a bonus increase or some extra shares. Even better, extra WFH day! And having seen how... — read more 

Unless all of them are doing it only as an attrition strategy. If that’s the case, then how many will continue doing it until they realize they are also losing talent due to RTO?

Recognizing this probably isn't the best place to ask as my current company's board is full of cynical misanthropes (me being one of enlightened ones!) facing similar complaints regarding executive committees, RTO, layoffs, etc... ...but is the... — read more 

Future is coming…

The wonderous Walter is leaving us with a 3 year stock performance of negative 13 percent in one of the biggest economic booms ever. The S&P 500 is up 27 percent during the same time. Why are we giving this guy a pass and a huge bonus? Now he sits on... — read more 

Garage 1 closing in January due to structural issues Hope you don’t need to get to your desk quickly! Enjoy riding shuttles and golf carts

https://cdn.arstechnica.net/wp-content/uploads/2024/12/5031481.pdf Return-to-office (RTO) mandates have caused companies to lose some of their best workers, a study tracking over 3 million workers at 54 "high-tech and financial" firms at the S&P 500... — read more 

Only three years here, and I’m done. What seemed like a dream job turned out to be a major letdown with boring work, zero growth, and a paycheck that doesn’t match the effort. I honestly don’t know how leadership expects this to last, especially when... — read more 

Charles Schwab’s failure to pay many of its employees a living wage is a form of systemic violence that undermines their dignity and well-being, forcing them into financial insecurity despite their labor driving the company’s success. This... — read more 

More terrible behavior pushing senior people out the door....replacing institutional knowledge with more chronies and yes people. Way to go C. N. That terrible hire has single handedly forced all senior talent out the door that was trying to fix... — read more 

SCHWAB - YOUR CLIENT SYSTEM IS BROKEN AGAIN.

Fidelity pays in December instead of our March madness. They are seeing zero bonuses and small raises across divisions. A few are getting bumps but they are lower paid to start. Hope we are better. But expect bad news and be happily surprised is... — read more