Thread regarding Charles Schwab Corp. layoffs

Wealth Management- Got Full Bonus

Ok I’m laying this all out because the site is anonymous- I got an exceeds and got 100% of my target bonus. This company is treating everyone too disparately and EC/Senior Leadership for some reason is he-l bent on making everyone feel unhappy to work at Schwab. I dont know wth they are trying to do, but they are too smart for this to be unintentional. I’m grateful for what I got, but I cannot stay in a place where the top are a bunch of sadists. I’ve started job hunting and am out after getting the bonus. Will need to figure out how to do this without burning bridges with my leaders though. They’ve obviously got my back.

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| 2441 views | | 12 replies (last March 4, 2024) | Reply
Post ID: @OP+1rkqqBuY

12 replies (most recent on top)

Exceeds 73% & 2.5%. Nice pat on the back and asked to take on more responsibility without promo or more $. Is this real?

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Post ID: @3tro+1rkqqBuY

Far exceeds 73% funded plus RSU’s 4% increase

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Post ID: @3ldn+1rkqqBuY

130% of the 76%

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Post ID: @3whq+1rkqqBuY

Exceeds and 130%? That seems like a troll post.

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Post ID: @3xvc+1rkqqBuY

Exceeds 130%+ 4% hike.

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Post ID: @3pxe+1rkqqBuY

Exceeds + 80% + 3.5%

Not sure how long I’m going to hang on tho… once outside of our team (where we all try to keep each other’s morale up) we’re met with malaise (at best) and toxicity (the norm).

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Post ID: @2hbr+1rkqqBuY

You rock! Way to go. At least some of us are hitting it out of the park and getting their just dues.

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Post ID: @1ngu+1rkqqBuY

That's cute, you think the EC is not just smart but too smart. LMAO!

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Post ID: @1gsl+1rkqqBuY

if you got exceed, that makes sense, not sure why you think thats such a revelation or some conspiracy theory.... lol

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Post ID: @1rqf+1rkqqBuY

Didn’t even get 72% and the same for merit. Yeah probably sold mine off to get better for others. May not be worth it but there are still about 150 RSU/Stocks waiting to vest. Eh, time will tell. For now gonna stick with it, just because the company is down doesn’t mean it can’t get better. He-l my last company was almost delisted prior to my layoff and they can screaming back.

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Post ID: @rfb+1rkqqBuY

Others in your org or business unit got shorted to fund yours. It’s how it’s always worked, you myst have been a good performer and they want to reward you for it. Which I think is ok, but the problem is it results in low numbers for solid employees who may not get an exceeds rating.

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Post ID: @tqx+1rkqqBuY

Good on you. Do you know about others in your group? It would make sense for WM to be courted. Tech and a couple other groups are getting beaten up.

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Post ID: @cba+1rkqqBuY

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