Thread regarding Charles Schwab Corp. layoffs

For the people posting about voluntary layoffs, Schwab doesn’t accept/honor voluntary layoff requests, I tried in 2019 and was told they don’t allow it anymore.

I want to volunteer to be laid off too, but my MD openly admits she doesn’t know anything about the layoffs. If she’s not one of the decision-makers, I guess I would need to go to her boss (also an MD)? I’ve never interacted with that person before so it feels very intimidating/risky.

Has anyone tried to volunteer to be laid off? What Were results?. I want out of here, but want pkg. Zero morale.Manager has checked out, director lies, vp(whose that ?)haven’t heard from her in mooooooonnnnnnths. Team has clicks. Mean Gossip behind others back...Never seen this kind of behavior before. Lord of the flies maybe?

Yes My Manager who graduated in the 90s does bully me and my team mates. We give her 1 and 2 stars but nothing gets done in our team. Schwab is full of such managers and directors and VPs. 90s graduates who can't find a job elsewhere so there are here and will die here.

OP here... these aren't anonymous and they never claim to be. The language in the email even says don't share the link since there's a literal guid (globally unique identifier) in it. They're "confidential" which means nothing in a company where all internal communication is confidential by default - they just use the word "confidential" in a way that implies anonymity which is about as sneaky and obtuse as I've come to expect from this place.

Your manager will absolutely know who wrote what unless they have a team of 20 people all working from the same location.

The floggings will continue until morale improves.

I might have used "bully" wrong in the OP. The word I was looking for was "harass". But either way, thanks for the feedback everyone. Look out for my next post next time there is a training due in October and I start getting harassed about it in June. If I don't have the good fortune of getting Schwayed Off in the meantime.

I love my team/boss, so those always get 4-5s. Company wide, EC stuff always gets 1s and 2s. Idgaf if they hound us about the results every quarter, I’m not gonna lie on the survey so upper management can sit around jerking each other off at how “good they did”

Problem is after the Glint survey results. The managers setup not one but two meetings to go over the results and asking everyone to give their feedback on why the score was low and what can be done to improve. I am like dude whats the point of an anonymous survey if I have to give you direct feedback in the meeting infront of everyone. Just look at the results and try to improve on those points. whats the point of asking feedback again? Its particularly uncomfortable where the team size is small , like say 5 people. Managers, Just don't setup a follow up meeting to go over the survey results.

Just give 5 and be done with it. No one really cares for your opinion. It made 0 difference to my team in STS anyway. It just adds more meetings on calendar and continuous pestering from manager to complete it like 500 years before the deadline. Really who cares 😃

straight 1s and 2s on the survey.

No , manager doesn’t bully for glint.Manager doesn’t even know there others on team aside from 2-3 people gives daily active attn and praise, rest of us , nothing. Staying just for Layoff .

Put all straight 5s and end the matter . As if something good is going to come out of these surveys . Surveys are just another tool companies use to create a perception. They don’t need surveys to really understand the employees .

@efn+1p9xBSUD they don't know you didn't complete it. At best they know X out of Y people completed it. But even then, until X gets over 5 there's no information on how many people have completed it.

If these surveys are truly anonymous, how does my manager know when I haven’t completed it??!!??!?!?

I found that this glint survey (if everyone gets similar questions) was VERY focused on "Charles Schwab" not my team/manager.

Ours don’t. However they always do go over the verbiage in the survey as to what “Schwab” “leadership” and “team” mean specifically…

Which is good because we all fill it out honestly and our scores show it

I had a PL do that on the old survey. He would say things like “if you haven’t told me any complaints or concerns in our 1:1’s all year then you obviously have no reason not to give all 5’s”

I don't feel "bullied" but my manager definitely tries to sell the koolaid. I do believe everyone on my team would keep their responses honest. We are pretty honest during team meetings as well. I'm just over talking about it.

Otherwise I have to sit in some meeting about how I didn't understand the questions asked.

Gavin Belson (from Silicon Valley): "You know, a hundred years ago, men like me could’ve had people like that ki-led. Just like that."

Sorta happened with our team where management made us reevaluate the Glint result 3-5 times to provide more specific feedback in areas with lower than Schwab average scores.

Everything is pretty obvious when the manager has a team of less than 10. I gave up on giving honesty feedback and just feed it top marks. Otherwise I have to sit in some meeting about how I didn't understand the questions asked.

Yes. Or teammates pull you aside to “have a chat” about not pi----g off management. Engagement surveys are flat 4/5 across the board, so that we don’t have to have meetings about improving them, but they’re fake data. Next question

This sounds like a complaint you want to give to your managers leader but don’t know how to. I suggest finding a new position.

No. I'm also a PL and while I encourage everyone to complete it, I encourage them to be honest. If they ding me, I can fix that. If they have negative scores about senior leadership then I think it's important for that to be visible.

Keep in mind, it's only mostly anonymous. They do know scores by role and office location. So if you're the only X role assigned to Y location it isn't hard to figure out for senior leadership.