Wells Fargo sued over drug costs in employee health plan
Former employees' Minnesota lawsuit accuses the bank of overpaying for prescription drugs, claiming mismanagement of the bank's health plan drove up costs for workers.
Wells Fargo
Money stress impacts teens, too, Wells Fargo finds
U.S. adults are intensely worried about their finances — and their kids are even worse.
Wells Fargo gives $1,000 bonus to its lower-paid employees
Workers are eligible if they earned a salary of less than $75,000 last year, and their total cash compensation was less than $85,000.
One Wells Fargo branch has voted to unionize. Here’s what’s next
The New Mexico branch is the first union victory at a megabank in decades, though unionization efforts at another branch faltered.
Wells Fargo worries union ‘resurgence’ could reach its workers next
The company has estimated the expense of having unionized workers, and drafted plans to spend hundreds of millions on staffing improvements.
Wells Fargo sets a spring return-to-office date after delays
The firm is planning to bring employees back to the office in mid-March, after plans were repeatedly upended last year due to COVID surges.
Wells Fargo extends work-from-home plans until at least March
The firm has about 200,000 staffers doing their jobs from home, a spokesman said.
How to make your AI dreams a reality
One banks journey of taking an AI idea from inception to experience. How organizations can ensure the shift from pilot projects to full-scale AI fluency goes right
Wells Fargo ties senior executive pay to improving diversity
Members of the bank’s operating committee will be evaluated annually on how much they have increased representation and inclusion of diverse employees in the operations they oversee.
Benefits Think New employee retention tool has four legs and goes ‘woof’
Some banks and fintechs have already introduced pet-friendly policies in the office. Here are five reasons why it works.
Thomas Woods
Perfect Dog Breeds
Wells Fargo HR slammed for poor handling of 2016 fake-account aftermath
Top bank regulator issued warnings to HR department over employee complaint backlog and compensation issues.
Wells Fargo agrees to sell retirement unit for $1.2 billion
The financial institution agreed to sell a retirement plan services unit to Principal Financial Group as the bank streamlines operations in the wake of scandals.
Wells Fargo is said to weigh sale of retirement plan unit
The third-largest U.S. bank by assets has been unloading business lines this year amid a broad review following a string of consumer scandals.
Wells Fargo is eyeing a piece of the $1.4 trillion student-debt pie
The San Francisco-based firm is considering whether to jump-start its shrinking student-lending business by catering to borrowers holding U.S. government loans.
10 companies that can help employees ‘retire a millionaire’
Employers including Amazon, Target and Wells Fargo have some of the best and most lucrative retirement benefits, according to Glassdoor research.
10 companies that can help employees ‘retire a millionaire’
Employers including Amazon, Target and Wells Fargo have some of the best and most lucrative retirement benefits, according to Glassdoor research.
Banking’s response to #MeToo: Training employees to speak up
Strong policies against sexual harassment appear to be a factor in shielding banks from the public shamings that have occurred in other industries, but even they know they can’t get too complacent. Some are ditching old training sessions and trying new things like coaching witnesses on how to report demeaning behavior.
Top 5 brokerages in each state — part 2
Employee Benefit Adviser, in partnership with business intelligence data analytics firm miEdge, has released a list of the top grossing brokerages across the United States
The 50 biggest benefit brokerages, part 2
Employee Benefit Adviser, in partnership with business intelligence data analytics firm miEdge, presents the 2016 list of the top employee benefit brokerages in the country, ranked exclusively on health and welfare revenue. Revealed in descending order, the listing is based on Form 5500 reporting data as of Aug. 31.
Top 10 large company 401(k) plans
These businesses with 1,000-plus actively enrolled employees hold the biggest end-of-year net assets.
By
Phil Albinus