Charles Schwab Named a "Top Workplace" in Indianapolis and Denver; Company Also Receives National Gallup Great Workplace Award
SAN FRANCISCO--(BUSINESS WIRE)-- 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 (NYS: 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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The Charles Schwab Corporation
Sarah Bulgatz, 415-667-0328
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