Most Charles Schwab employees to receive a 5% pay increase

Most Charles Schwab employees to receive a 5% pay increase

Aug 23, 2021

257 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
    All you need to know about the teaching profession

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

    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 ...

    7 Signs That Tell You It’s Time to Quit Your Current Job

    Last year, about 4,478,000 workers, which is approximately 3% of the workforce in the US (besides t ...

    Know the Work Habits of Highly Effective Employees

    The employees are the most valuable assets of any organization. It’s their credibility, efficiency, ...

    Show more news