Charles Schwab Garners 2014 Military-Friendly Employer Title
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The Military Friendly Employer title is awarded by Victory Media, publisher of
In a release, the company noted that this recognition reflects the emphasis Schwab places on recruiting and training military veterans who are joining or rejoining the workforce.
"We want to be known as an employer of choice in the military community," said
"Military veterans and reservists are among our ideal job candidates," Kosowsky said. "They share so many of our values and acclimate well into the culture of service that exists at Schwab, bringing qualities like devotion to teamwork, discipline and proven leadership skills."
Companies competed for the Military Friendly Employer title via a survey of over 5,000 companies with resulting survey data independently tested by Ernst & Young based upon the weightings and methodology established by Victory Media. Criteria for the survey included a benchmark score across key programs and policies such as the strength of company military recruiting efforts, the percentage of new hires with prior military service, retention programs, and company policies on
Now in its 11th year, Military Friendly Employers media is a 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
Along with other 2014 Military Friendly Employers, Schwab will be showcased in the December edition of
Schwab is also a member of the 100,000
For more than four decades, Schwab's commitment to help Americans rethink investing has challenged the status quo and offered an alternative to traditional
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 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 recent workplace recognition received by Schwab includes:
-The Gallup Great Workplace award (2013) for the second consecutive year.
-The Denver Post Top Workplaces 2013
-The Indianapolis Star Top Workplaces 2013
-The Cleveland Plain Dealer Top Workplaces 2013
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-CareerBuilder Best Companies to Work for in
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-Military Times Edge magazine "Best for Vets" (2013) for the fourth consecutive year
-"Best of the Best Top Veteran-Friendly Companies" in the
-Best Place to Work for Lesbian, Gay, Bisexual and Transgender (LGBT) Equality (2013), based on a 100 percent rating from the Human Rights Campaign on its annual Corporate Equality Index for the ninth consecutive year
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