Pros
Does what is really best for the clients, very ethical. Every action we do is focused on what is best for the clients. Has good products to support clients needs.
Cons
Technology work culture is changing very fast in some areas thus losing the true Schwab value. With infusion of Visa folks at tech Management level, promotion is happening at a rapid rate. They are brought on as MD and quickly promoted to VP role even if they are incompetent to be Schwab officers. The newly minted VPs lack people management skills let alone understand employee engagement, their only focus is pleasing their bosses and literally does not care about the employees. It is very sad to see erosion of true Schwab culture which embodied and cherished employee growth and career but now employees are treated like worker bees. HR has become very incompetent, only thing they are good at is investigating complaints and afraid to take any actions after. In spite of record Schwab profits, an employee with Exceeds Expectations is paid below bonus opportunity which makes us wonder if management is reaping all of it at the cost of employees- just so unethical. Overall morale is so low, we need to constantly encourage our employees to stay motivated.
