Most Charles Schwab employees to receive a 5% pay increase
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
Category
Labor Relations
Career Development
Performance Management
Intellectual Property
Substance Abuse
Communication
Open Enrollment
Workplace Culture
Health Savings Accounts
Workplace Security
Flexible Spending Account
Opening & Closing
Policies & Practices
Parental Leave
People Management
Benefits Reporting & Disclosure
Mental Health Benefits
Employee Data Privacy
Business Continuity
Benefits
Retention
Emergency Response
Business Acumen
Discrimination
Mentoring & Coaching
Gender Identity
Work Life Integration
Workforce Planning
Severance Pay
Employment Branding
Succession Planning
Closing
Data Security
Employee Surveys
Raise
Talent Acquisition
Employment Law & Compliance
Opening
Family & Medical Leave
Firing
Recruiting
Organizational Structure
Campus Placement
Health Care Benefits
Age
Artificial Intelligence
Religion & Spirituality
Disability Accomodations
Paid Leave
Global Mindset
Tags
Article
With Manufacturing Jobs Returning to America, What Does It Mean for Manufacturing Job Seekers?
Reshoring is on its way for the US, due to the ongoing COVID-19 crisis, especially for the tech man ...
COVID-19 - 6 Challenges Staffing Firms Are Likely to Face
Most industries have severely suffered in the ongoing pandemic with a few exceptions, like healthca ...
With Remote Working Being the New Norm, How to Hire the Best remote Workers
Before the advent of the COVID-19 pandemic, about 7 million people in the US alone were working rem ...
Tips to Write Job Descriptions That Will Attract the Best Candidates
Just as the candidates need the right jobs to secure their future, the companies also need the righ ...
Comments