Charles Schwab Celebrates Military Veterans’ Month With New “Best for Vets” Workplace Recognition

Wednesday, November 9, 2016 6:30 am PST

Dateline:

SAN FRANCISCO

Public Company Information:

NYSE:
SCHW
"Many veterans have the leadership skills, drive, spirit of teamwork and dedication to service that make them a perfect fit for Schwab, enriching our culture of service and helping bring to life our clients-first philosophy."

SAN FRANCISCO--(BUSINESS WIRE)--November is Military Veterans’ Month at Schwab, when the company celebrates its existing network of military veterans and their families. Schwab remains committed not only to recruiting veterans, but also earning their loyalty by creating a workplace that appreciates and leverages their unique skills and supports future career growth. Through the grassroots efforts of the company’s employee resource group, Military Veterans Network, Schwab additionally focuses on community service as well as financial education designed to help transitioning military vets with support on budgeting, saving, investing and managing debt.

Currently, Schwab has over 650 military veterans and reservists in positions across the organization, including technology, marketing, human resources, legal/compliance, operations, Advisor Services and Investor Services, and the company is actively seeking to hire more. In 2016 alone, Schwab hired 126 military veterans.

As part of its celebration this year, the company is proud to announce that it has again been named to the list of top “Military Friendly® Employers” for the fifth consecutive year. The recognition is awarded by Victory Media, publisher of G.I. Jobs and Military Spouse Magazine and reflects the emphasis Schwab places on recruiting and training military veterans who are joining or rejoining the workforce. Schwab will be showcased along with other 2017 Military Friendly Employers in the December 2016 issue of G.I. Jobs ® magazine and the January 2017 issue of Military Spouse Magazine, as well as on MilitaryFriendly.com.

Now in its 14th year, Military Friendly® Employers is the premier resource for transitioning service members and spouses seeking civilian employment. Each year, companies taking the survey are held to a higher standard than the previous year via improved methodology, criteria and weightings developed with the assistance of an advisory board consisting of leaders in the higher education and military recruitment community.

“Our strategy of seeing things through clients’ eyes leads us to seek out talented people with varied backgrounds who share our belief in the honor of service,” said Walt Bettinger, president and CEO of The Charles Schwab Corporation. “Many veterans have the leadership skills, drive, spirit of teamwork and dedication to service that make them a perfect fit for Schwab, enriching our culture of service and helping bring to life our clients-first philosophy.”

Schwab continues to be recognized for providing a work environment, policies and programs that foster meaningful career opportunities for veterans. In 2016 the company was honored with the following additional awards:

  • Military Times Edge “Best for Vets Employer 2016” for the seventh consecutive year
  • U.S. Veteran Magazine “Best of the Best” employers for the fifth consecutive year
  • Civilianjobs.com’s “Most Valuable Employers” (MVE) for Military for the third consecutive year
  • Multiple awards from the ESGR (Employer Support of the Guard and Reserve), including a second Seven Seals Award.

Schwab is also a member of the Veteran Jobs Mission (formerly called the 100,000 Jobs Mission), which is a coalition of more than 230 companies that represent almost every industry in the American economy. Launched in 2011, the coalition has since hired approximately 348,000 military veterans as of June 2016 and now has a commitment to hire one million U.S. veterans. For more information, visit JobsMission.com.

Including the Veteran Jobs Mission, Schwab has alliances with over a dozen organizations dedicated to supporting U.S. servicemen and women. These include Joining Forces, Employer Support of the Guard and Reserve, Veterans on Wall Street, Hiring Our Heroes, Hero 2 Hired, the U.S. Department of Veteran Affairs and Veterans Business Network.

Schwab also supports the organization Remembering Our Fallen, which sponsors a traveling photo display honoring members of the military who have fallen in service since September 11, 2001. Schwab will display a Remembering Our Fallen memorial in multiple employee locations during November and early December, including its centers in Austin, Dallas, El Paso, Indianapolis, Orlando, Phoenix and San Francisco. Each state’s memorial will specifically honor the fallen servicemen and women from that state.

Schwab Workplace

For more than four decades, Schwab’s commitment to help Americans 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 and who want to work in an inclusive and highly collaborative work environment.

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, paid time off for community service and discounts on some products. 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.

Other workplace recognition received by Schwab includes:

Additional information about Schwab’s workplace, including career opportunities, is available at aboutschwab.com/work-at-schwab.

About Charles Schwab

At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

More information is available at www.aboutschwab.com. Follow on TwitterFacebookYouTube and LinkedIn.

Disclosures

Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Charles Schwab & Co., Inc. is an equal opportunity/affirmative action employer committed to diversifying its workforce. All applications are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or based on any individual's status in any group or class protected by applicable federal, state or local law.

Through its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) 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), 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.

© 2016 The Charles Schwab Corporation. All rights reserved. (1116-830747)

Contact:

Charles Schwab
Sarah Bulgatz, 415-667-0328
Sarah.Bulgatz@Schwab.com

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