Most Charles Schwab employees to receive a 5% pay increase

Most Charles Schwab employees to receive a 5% pay increase

Aug 23, 2021

488 Views

0 comments

Charles Schwab announced that it will implement a special 5% pay increase for the 'vast majority' of its employees. This pay raise is to reward the employees for efficiently working through the pandemic and for their contributions during challenging times. The company saw a growth in trading and rising stock markets during the covid 19 pandemic, doubling their stocks, bonds and other securities to $257 billion as compared to last year. 

Walt Bettinger, the CEO of Charles Schwab said in a statement that this increase in pay rewards talented employees and their commitment to see the world through clients' eyes, even during the most challenging times. 

Source: CBS News

Previous days news

Comments

    Article
    A Quick Look at The Great Resignation

    The Great Resignation, as experts call it, is a rather fitting term for a phenomenon where millions ...

    All you need to know about the teaching profession

    Teaching jobs: transformative teacher roles you can undertake amidst the teacher shortage in the US ...

    The Unionization Wave

    From the peak of the pandemic in 2020 through the Great Resignation wave, unionization has been a ...

    You Think You Have Earned It? Here is How to Ask for a Promotion

    Nearly 62% of employees in the managerial levels are satisfied with their jobs. Although they have ...

    Show more news