Charles Schwab Named a “Top Workplace” in Indianapolis and Denver; Company Also Receives National Gallup Great Workplace Award
The Charles Schwab Corporation has been recognized for its
employee-friendly workplace through three separate awards received this
month. In both Indianapolis and Denver, Schwab has been named to the
list of “Top Workplaces” for each city. The Top Workplace program was
developed by WorkplaceDynamics, an independent research firm, in
partnership with local publications that include The
Denver Post and Indianapolis
Star, respectively.
Schwab employees Chris Milton, Eric Curtis and Melissa Steck hold an impromptu meeting in Denver offices. (Photo: Business Wire)
Companies qualify for recognition as a Top Workplace solely based on
employee feedback. An employee survey is conducted by WorkplaceDynamics,
LLP, a research firm on organizational health and employee engagement.
The Top Workplace recognition follows closely on the heels of Schwab’s
recent receipt (April 3) of the Gallup
Great Workplace award for the second year in a row. This award
recognizes companies that are among those with the most productive and
engaged workforces in the world. Applicants’ results are compared across
a workplace research database composed of millions of work teams in more
than 100 countries. A panel of workplace experts assesses the
applicants’ results to select the winners.
“Our focus across the organization is to help our clients achieve their
goals,” said Jay Allen, executive vice president of human resources and
employee services at Schwab. “We know that to be successful in all the
ways we serve Schwab clients, we have to offer an environment that
genuinely engages our people and reinforces the understanding that they
are doing work that matters. Accolades like this affirm that we are on
the right path to creating a fulfilling workplace where our employees
can do the best work of their careers.”
Schwab Employee Culture
For more than four decades, Schwab’s commitment to help people rethink
investing has challenged the status quo and offered an alternative to
traditional Wall Street investing. To support this, the company seeks
forward-thinking, optimistic and driven individuals who are passionate
about championing clients’ goals.
“’Schwabbies’, as we are often called, enjoy an inclusive and highly
collaborative work environment,” said Allen. “The things Schwab clients
expect of the company – trust, transparency and integrity – are the same
values that drive employees’ interactions with each other every
day. Schwab’s culture of service also extends into the communities in
which employees live – through volunteerism and philanthropy supported
by both The Charles Schwab Corporation and Charles Schwab Foundation.”
Schwab’s benefits are designed to help employees stay healthy, save for
long-term financial goals and balance the demands of work and their
personal lives. Financial benefits include automatic enrollment in the
company’s 401(k) plan including company matching and profit-sharing
contributions, an employee stock purchase plan, a matching gifts program
for charitable contributions, and discounts on some Schwab Bank products
and employee brokerage account services. Health & wellness benefits
include medical, dental and vision plans; life insurance and disability
income protection, as well as a health savings account. Work/life
programs include paid vacation, holidays and a sabbatical program for
eligible employees after five years of service.
Additional information about Schwab’s workplace, including career
opportunities, is available at aboutschwab.com/careers.
About Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of
financial services, with more than 300 offices and 8.9 million active
brokerage accounts, 1.6 million corporate retirement plan participants,
888,000 banking accounts, and $2.08 trillion in client assets as of
March 31, 2013. Through its operating subsidiaries, the company provides
a full range of securities brokerage, banking, money management and
financial advisory services to individual investors and independent
investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co.,
Inc. (member SIPC,
www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; compliance and trade monitoring solutions; referrals to
independent fee-based investment advisors; and custodial, operational
and trading support for independent, fee-based investment advisors
through Schwab Advisor Services. Its banking subsidiary, Charles Schwab
Bank (member FDIC and an Equal Housing Lender), provides banking and
lending services and products. More information is available at www.schwab.com
and www.aboutschwab.com.
(0413-2770)
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