Thread regarding Charles Schwab Corp. layoffs

Retention Bonus

Has anyone received the retention bonus following the layoff? The notification mentioned it would be disbursed within 30 days of termination.

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| 1161 views | | 5 replies (last February 7, 2024) | Reply
Post ID: @OP+1qShpYP8

5 replies (most recent on top)

What teams/roles received retention bonus?

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Post ID: @5hic+1qShpYP8

I received all of this on 1/19 - retention, severance, cobra, and unused vacation. The only thing that you should be waiting on is the annual bonus if you were eligible.

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Post ID: @xvf+1qShpYP8

Severance Lump sum (assume that’s what you’re referring to- not “retention bonus”) was paid on January 19th.

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Post ID: @qbl+1qShpYP8

I received a direct deposit today after Jan 19th severance. Not sure what exactly is that

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Post ID: @xkx+1qShpYP8

Yes, I received mine along with my PTO balance on the 1/19 check.

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Post ID: @aaf+1qShpYP8

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