The significant purchasing power of women is well documented, and the dramatic monetary and decision-making shift toward women is changing how the industry views women investors. At Schwab, we're focused on not only recruiting women to join our company, but also on understanding how they think about and use money and what they need from an investment services firm.
More women are earning advanced degrees and higher salaries, resulting in greater purchasing power. This is changing the way women approach their financial futures. And it's why we believe it's critical that our female employees get involved, actively develop their careers, and help lead our company in reaching out to those women who need help, support, and guidance.
WINS is an employee resource group dedicated to helping women employees advance their careers, demonstrate their leadership capabilities, and create outreach programs that help other women become more financially literate.
Recruit more women into the financial services industry: Schwab leaders often host site visits for young students in order to expose them to Schwab's mission, values, and culture, as well as communicate opportunities we provide in the financial services industry.
Empower employees to take ownership of their career development: Through programs like Career Path Chats and Executive Chats, women leaders and role models share their insights into the range of career paths available at Schwab, provide guidance for building a successful career, and inspire employees to explore different career-building opportunities.
Develop business opportunities to promote financial capability among women: From starting at a grassroots level to engaging key leaders, WINS developed and piloted a new initiative: Financial Life Planning Month for Women. The initiative promotes tools and guidance to build more inclusive practices that better engage and serve women investors.
Build relationships to support women in the community: Across our organization, our WINS chapters actively partner with various non-profits, like Dress for Success and Girl Scouts of the U.S.A., to host events, and lead financial literacy programs that help women gain greater control of their financial lives and futures.
Since Financial Life Planning Month for Women was launched in 2012 as a May initiative, it has started to expand all year long to continue building relationships with women investors and promoting financial literacy.
Schwab hosted more than 400 events each year during Financial Life Planning for Women Month in May 2012 and 2013, reaching more than 10,000 attendees.
In 2014, our Financial Life Planning for Women initiative earned recognition as a top "model practice" among San Francisco Bay Area companies showcased during the San Francisco Department on the Status of Women’s Gender Equality Principles Challenge.
Check our events calendar for opportunities to meet with our Talent Advisors, who regularly visit locations across the country in search of great employees who are committed to seeing the world “Through Clients’ Eyes.”
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1 Harvard Business Review, September 2009 – The Female Economy
2 2010 Pew Research Center Study; Reach Advisers 2010 Research Study
3 "A Profile of Older Americans: 2012," Administration on Aging, U.S. Department of Health and Human Services
4 "A Profile of Older Americans: 2012," Administration on Aging, U.S. Department of Health and Human Services
5 "Women and Financial Independence Study" Charles Schwab & Co. Inc., June 2012
6 Financial Planning Magazine (March 2010)
Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”), Member SIPC, offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.
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