Post any high level details of what you are seeing this morning (or if you were impacted).
This needs to stop
Schwab people who brag about sixty hour plus weeks, I don't get it. You're not a hero. You're being used. I feel bad for you, not impressed.
RTO: Make it make sense
They keep selling us on collaboration and team work. Here’s the reality for many of us: Our teams are spread out over many locations. Some of us are now forced to work alone in a small 4x4 cube surrounded by people we dont know or work with at... — read more
Just curious what Directors should go and why?
We have all said it, there is at least one director out there that we want to know why they are even here. I personally want to apply out of my spot but don’t want to be in a toxic environment especially when the fruit goes bad from the “top” down... — read more
Wish people at the office would stop asking how I am
I'm tired of pretending to be okay all day but also can't unload on someone just trying to be polite. The question just forces you to either lie or be the person who always seems in a bad mood. I'd rather just skip the small talk and work.
RTO Backfires
Wait being a inflexible employer doesn't get you productivity gains? https://thehill.com/opinion/technology/5775420-remote-first-productivity-growth/ " The Flex Index finds that fully flexible companies grew revenues 1.7 times faster than... — read more
Exceeds expectations?
What are some criteria you’ve been hearing from you manager that will quality you for an exceeds? All I keep hearing is visibility blah blah have your efforts known by the “top” brass. Seems that you will have to move mountains and make serious... — read more
March 23rd Re-org?
I'm hearing some chatter about re-org in March. Specifically, I am hearing March 23rd being thrown around. No mention of layoffs but usually re-org is synonymous with layoffs. Has anyone heard anything or have anything to share. The is for STS/CET.
whats with these cubes/workstations?
I'd hate to be paired into a desk where there's no divider. Why not make them all consistent and the same
As at-will employeer, will Schwab terminate for misdeamor charges and convictions?
For unlicensed role, anyone know of cases where Schwab has terminated on criminal charges such as misdmeanor? or do you have one and you're good?
COBRA cost?
For anyone who’s left this year, do you happen to know roughly how much COBRA costs per month? I’m planning my exit and want to factor that into my budgeting. I’m currently on the HSA Premium plan, if that makes a difference. Thanks!
I despise RTO
I sit in my car at lunch just to have five minutes where no one talks to me.
Return to home
I just put in my two weeks after getting the bonus and accepting a new fully remote job that I start Monday. Rick and EC you will not be missed.
Prospective New Hire - Background checks after employment
With Schwab I realize background check is needed for employment. After employment, are background checks continuous or is it only with reason or permission that background checks are run again, like new position, etc?
Short changed
So I guess this is my first taste of corporate life. Getting no merit increase because of a promotion. Schwab really does know how to take care of their employees.
Schwab RTO: big brother baby sitting service
RTO is absolute insanity. I have 10 people on my team. None of us are in the same state outside of two people in Texas who aren't in the same city. We have to go back to the office, surrounded by employees we dont work with or collaborate with in any... — read more
Schwab and private credit
Hearing some rumblings of issues. Anyone here with insight on this?
No more hiring in Phoenix, Denver, or Austin
Schwab is getting ready to announce (either to PLs or company-wide) that they will no longer hire in these locations. If you have been checking the job postings lately you probably already noticed this. After requiring many of us to return to the... — read more
Layoffs soon?
Heard about FTE layoffs in STS around March / April. Is it true?
Packed to the brim like cattle in Gracy Farms. RTO was a huge mistake.
I can’t believe how overcrowded and busy this branch is now. AUS3 is packed to the brim and it’s an absolute joke how messy this process was. So ecstatic to have my headphones in 8 hours a day while I work with people scattered across the country and... — read more
Failure after failure and still climbing the ladder
I don't get it. I've watched two managers make huge errors, cost the company, and get promoted anyway. No connections, just rewarded for failure. What am I missing?
Rick on the front lines
Who wants to see Rick taking client support calls for a year with the salary to go along with this position?
Trust: Earned over time, lost in a minute -- GOING, GOING, GONE!
Rick Wurster and team, you have all chosen to LOSE that trust, and respect by your BS activities and sc--wing people over with merits, bonuses, cozying up to trump. And I can guarantee that as long as you and your cronies stay in power, you, and the... — read more
2% Merit For Meets Expectations?
Was anyone else told everyone received 2% no matter what for merit if they had a Meets Expectations?
Chief Data org
Its the worst. They have nothing to show and all they do is take years for decisions. Thought Katie would be better but no progress. We are so behind on data tooling and no strategy to move forward. The move to Dennis wont help as he is out of... — read more
Upcoming Layoffs after RTO ?
Will there be layoffs in 3rd or 4th quarter after RTO attrition and after-bonus retirements? I’m thinking the aforementioned won’t be enough to avoid layoffs.
Does it increase shareholder value to make your employees hate the company they work for?
Just wondering what the goal is of McKinsey and co to destroy employee good will as much as they can. Every person who takes pride in their work learns to not only stop giving a sh-t, but extract as much as they can from the company out of pure... — read more
RTO - No !
How many of you are planning to no show next week and continue working from home? The more of us that do it, the harder it will be for them to punish us. Who’s in??
Good old 2-4%
It’s midweek. All Hands. The higher ups are ranting and raving about how great of a year we had. How well the company performed. How it’s all “due to our hard work and our commitment to ensuring a great client experience”. Then… the Q&A starts The... — read more
Crazy Job interviews
Is this normal at Schwab to get asked to created a whole angular application during a specialist software engineer interview that connects to an api. I had until tomorrow to finish it, but I felt it was a waste of my time since I am employed in a... — read more
Socializing after work
I wish skipping happy hour didn't make people think you're not a team player. I like my coworkers fine, but my evenings are for my actual life. There's this unspoken expectation to always be around. Is this just my team and my manager? Because I'm... — read more
Recluse Rick
Is Rick going to put on his big boy pants and go on CNBC to talk about the AI mess causing the stock slide? Or is he going to run and bring in the mercenaries
AI Innovation - Expanding.
AI Innovation - 1) Software Firms. 2) Private Credit Firms. 3) Insurance Brokerage Firms. 4) Wealth-Management Firms. While AI contributes many useful innovations towards society, and will create (some) related jobs. The stocks of those... — read more
Inquiry Regarding Vendor Cost-Cutting Measures and Potential Impact
I'm hoping to get a clearer picture of the current situation with our vendors. I've heard whispers about potential cost-cutting measures on their end, and I'm trying to understand the impact on our side. Does anyone have any insight into whether... — read more
Robot RIck
It seems like he came into the CEO role with strong credentials on paper, but they don’t appear to be translating into effective leadership. His messaging shows little curiosity about, or interest in, how employees actually experience the firm, which... — read more
My new job description is "Mercenary"
Rick had zero cred with me. He lost more.
Mercenaries??
So we are mercenaries if we prefer to work from home? He didn't even answer the question that was asked and then said we are an in-person company. No we aren't. Haven't been for awhile but gotta get those mercenaries into the office so we don't waste... — read more
Are Schwabbies taking a stand?
Ex-schwabbie here wondering if employees are planning to group together and participate in the general strike tomorrow. As you should know Schwab is deep in bed with Trump and is so cosigning the atrocities happening at home and across the world. I'm... — read more
Schwab Brokers Termination
What have you seen brokers be fired for most commonly when management wants someone gone?