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?

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 sit in my car at lunch just to have five minutes where no one talks to me.

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.

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?

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.

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 

Hearing some rumblings of issues. Anyone here with insight on this?

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 

Heard about FTE layoffs in STS around March / April. Is it true?

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 

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?

Who wants to see Rick taking client support calls for a year with the salary to go along with this position?

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 

Was anyone else told everyone received 2% no matter what for merit if they had a Meets Expectations?

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 

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.

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 

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??

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 

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 

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 

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 - 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 

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 

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 

Rick had zero cred with me. He lost more.

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 

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 

What have you seen brokers be fired for most commonly when management wants someone gone?

If Schwab is serious about expense management, start holding MD levels accountable. Not sure how many are in STS about 50% can be reduced… they all just enable politics and misdirection as they are not needed…. If we already have 2 MD layers why... — read more 

I know quitting without something lined up would blow back on me, but staying in this work environment is wearing me down piece by piece. The manager who replaced one of the best bosses I ever had, before he was cut, is wildly incompetent and masks... — read more 

Just saw an official Schwab social media post about how well the company performed last year. It’s too bad that won’t translate into better merits and bonuses Had a quick talk with my manager today and they said merits and bonuses were virtually... — read more 

It went from being a top place to work to feeling like they're actively trying to stress us out. The change over the last few years has been unbelievable.

Ex-Schwabbie here. If you are dissatisfied with work conditions, pay, treatment from leadership I would highly encourage you to check out the NLRA. It gives private sector non-supervisory employees the right to discuss such issues on social media... — read more 

Here’s what stands out: It specifically flags badge-ins at non-designated buildings. Amazon says managers must use discretion, but the data is now standardized and on-demand. The conversation is no longer about remote vs. office. It's about... — read more 

Just got an Email to Onboard a Person in India - New Offshore Team. How much time do I have ? I've been here 6.5 Years.

Hi everyone, I'm wondering if anyone has heard about potential cost-cutting measures or layoffs affecting contractors at Charles Schwab? With the current economic climate and many companies restructuring, I'm curious if there are any known plans to... — read more 

Most people (not all) do not understand - How important it is for the Fed to maintain independence in its' policy making, and monetary decision making. Does anyone really want an (unqualified) politician determining monetary policy that can... — read more 

I’m genuinely surprised by the rumors of a Talk to Chuck reboot. IIRC, the original campaign launched 20 years ago as a marketing initiative built on trust, integrity, and Chuck being approachable and aligned with everyday investors. Hard to see... — read more