walt bettinger in 2014 " the firm has positioned itself to benefit enormously when interest rates start to rise, as expected. For now we must remain diligent and cut expenses" walt bettinger salary versus the average Schwab employee 150/1 walt... — read more 

I joined recently, one unique thing which I came across on the Tech side. Bank Still uses lot of Cobol junkies , is bank planning to keep this Cobol junkies for next coming decade? Only good thing most hooked to Cobol , are contractor which make easy... — read more 

Just Thinking why Schwab , do not send all legacy and contractor to Lone star state ? This will free up space , save the cost , and consolidate all tech in one place. Otherwise what I am seeing we handling 2 System to run process.

Does anyone know how to obtain access to W2s for tax reporting among those who either voluntarily or involuntarily terminated with Schwab during 2023? Thank you for your help!

Anyone get it yet? Usually I get my paychecks on Thursdays. This one has yet to arrive.

Anyone have issues with the non compete? I Applied for a role and was told I’m unable to get it due to them being a SAN advisor and anyone in SAN can’t hire a former Schwab employee for 12 months. Does this sound accurate?

Not expecting anything significant given the meager 73% announced for those currently employed, but humor me.

What’s the over under on the percentage of employees that will now receive a “Below Expectations” on their performance review and get even less than the 73% bonus payout?

Lessons Learned: 1,000 Days of Distributed at Atlassian. "Using behavioral science to uncover how to do distributed work well. Key insights and practical recommendations to help you lead your (already) distributed teams to... — read more 

How come Walt is allowed to blame the feds every time something goes wrong, lay us off, and then gets a raise like nothing bad happened?

What are you honestly going to rate Schwab? I hear a lot of talk but the numbers still come in high

Walt working from home in Ohio managing interest rate risk like a boss.

Leaving immediately after I get my bonus. Company is a joke!

With so much talk about people being stressed, overworked, RTO/layoff stress, looking for other jobs, it's no wonder I've seen so many of my fellow Schwabbies burning out. I came across this HBR article that highlights so many of the issues that... — read more 

I checked CRE today as I’m looking to move to Orlando later this year, the occupant count has dropped substantially. I was just wondering if they announced something for the Orlando office?

Does Schwab do anything well? Advertising and Bureaucracy and an adversarial employee experience?

Just got bit curious to find out is Modernization Done , I mean really done? If that is the Case then why we have "feline " team still now? also we have team for "suggestion " they keep changing name like rubber ? Both handling big-iron system? — read more 

To those who successfully obtained a medical exception to work remotely: How was the process? Did you receive pushback from HR? What documentation does Schwab require from your physician?

https://www.fastcompany.com/91008155/the-numbers-are-in-companies-with-flexible-work-policies-are-outperforming-competitors "The data is compelling. Between 2020 and 2022, fully flexible public companies significantly outperformed their less... — read more 

Seems like rather then targeting employee. Schwab should inspect , contractor and billing given to them. Find out if they even worth paying what they charge? which will give more saving to Schwab , rather terminating there long time employee in... — read more 

Write ups impact bonus payouts. Has anyone noticed an increase in write ups and terminations?

https://www.vice.com/en/article/7kxqnx/dont-mess-with-us-webmd-parent-company-demands-return-to-office-in-bizarre-video

Ok, so what are we not allowed to do in order to hold onto severance? Work for Schwab or its affiliates? I read the sev agreement several times but am not 100% on this. Hopefully I can still work for a vendor that serves Schwab

Amazing to watch a new hire go from nothing to director in 6 months.. oh wait it's Rama's daughter. So fun to watch her from her penthouse during the pandemic win all awards on top of it.

Anyone that was recently terminated either forcefully or voluntarily. How long did it take for you to get paid out on your PTO?

I saw a few deposits today. Guessing that was a stock purchase refund? Not sure. Workday no longer lets me in. Ha! I would email myhr but we know how that goes.

Just put my 2 weeks in! Boss said they will let me know if they want me to stay. I have some access soooo let's hope they say just pack up today. So satisfying. Yes I'm out before bonus, but my new job matched my last year bonus as a little sign... — read more 

Any idea when the bonus funding will be announced? I know the layoff pool is separate, but it would be nice to know what we are getting.

Lot of Money had spend on migration some are going for least 7 years Now. They won't accept but that is ground reality. Spinoff is change name of team

https://www.youtube.com/watch?v=XeZO2cmoYqw

It's been two weeks and if I wasn't sure about Schwab being a toxic workplace before I'm pretty damn convinced now. Nobody likes working here, nobody trusts senior leaders and the silo culture is back in full force. It's become so difficult to get... — read more 

I am the only late worker on my team, sitting in an empty, silent floor. This job is like a punishment, wish I would’ve been laid off. Absolutely out the door the second the bonus drops in March. RTO has been useless, provided no advantages, and is... — read more 

For those let go in Colorado on 10/30, you can sign up now (or any time after the 1/5/2024 termination date). Please read through the steps below before jumping onto the web site. Filing for Colorado unemployment benefits is handled... — read more 

A word of warning to anyone that hasn't gotten laid off yet, if you have a 401k loan outstanding, be aware it will be due in full upon the termination date. Just got a call from Schwab telling me that my 30k loan is due in full immediately and that... — read more 

Went to reach out to a developer the other day and they were gone. Looked him up on LinkedIn...landed a new job. Reached out to see what was up. Copy and pasted: "They moved me from (mangers name removed for privacy) to this new manager who... — read more 

Anyone in Texas apply for unemployment and get a response? Thanks

When will we be getting information about COBRA? I called COBRA and they said we should get information beyond what we have received in order to sign up. It’s 1/11. We’ll need it for February.

I got 2 paychecks on 1-5: one is a normal check for 2 weeks ending 12-31 and I can see that contribution (and Schwab’s match, plus the $250 annual) posted to my 401k. However, I also got a separate check on 1-5 for the last week (thru 1-5) and unpaid... — read more