Nepotistic Groupthink - Anonymous employee Charles Schwab Employee Review

2.0
Sep 16, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I have the ability to work from home until January 2024.

Cons

Senior Leadership skillset is obsolete and they don't understand the requirements of my job. These people are so far removed from the day to day activity it's like the blind leading the blind. The leaders will ask for your opinion and present themselves as collaborative in the beginning, but if they don't agree with your opinion they won't consider it. You'll get silenced for speaking up and disagreeing with the leadership. That's nepotistic groupthink at its best. And if you present a good idea that could benefit the entire department, you won't get credit for it. Your idea won't be recognized but will later be rebranded as an idea that came from the leadership team. These people don't value top talent. You won't get rewarded for going above and beyond your call of duty. They will continue to turn a blind eye and take advantage of you while paying you less than what you're worth. My leaders know that I'm doing the work of someone two paygrades higher than what I'm getting and they have no interest in paying me based on merit and experience.

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Charles Schwab Response
2y
Thank you for your feedback. We strive to provide competitive compensation, an outstanding total benefits package, and an empowering work environment. If this has not been your experience, we encourage you to reach out to your manager or HR representative (MyHR@Schwab.com). Your comments will be forwarded to our leadership team for further review. We thank you for your perspective.

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2.0
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