Wells Fargo workers expose return of high pressure incentive pay, unattainable metrics and fear of retaliation
To ensure politicians and regulators hear the truth about the bank’s working conditions, the Committee for Better Banks released a report, “The Wheels are still off at Wells Fargo” and spoke out about demoralizing working conditions. Responding to the bank’s claims that the culture of the bank had changed, Wells Fargo workers said, “No one uses the Ethics Line, they are useless and many people fear retaliation.” and “Initially the sales goals were removed, but now they are slowly coming back under different names. The pressure is increasing to a place where it was before the (2016) scandal broke out.”
This was also covered in the New York Times and the L.A. Times.