Charles Schwab to Give Most Employees 5% Raise for Pandemic Work - NewsBreak

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By Austine in Business
Updated 3 years ago

Brokerage Charles Schwab is giving most of its employees a special 5% pay raise as record stock market levels propel the industry's earnings. CEO Walt Bettinger said Thursday in a press release that he wanted to reward employees "for their contributions and their relentless commitment to see the world through clients' eyes, even during the most challenging times."

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