Workers at Wells Fargo, the third largest bank in the US, are pushing to organize a union across the bank’s workforce with Wells Fargo Workers United, a campaign with the Committee for Better Banks, which successfully won the first union contract in the banking industry in 40 years at Beneficial Bank in 2021.
https://www.theguardian.com/business/2022/jun/02/wells-fargo-workers-union
Post ID: @vkk+1h4ox8iJ
He is planning that anyway, especially if the workers don’t protect themselves.
A chilling future: poor humble Wells Fargo, laid low by union employees who were paid competitively with their peers at institutions that somehow turned an exorbitant profit despite the specter of fair pay 😭
That money trail leads to Detroit. Paying the guy sweeping the floor 4x the market rate for that task because feels leads to epic and complete failure. There will always be competitors that don't pay that amount and you'll never be able to compete with them, and you'll go out of business. WF has thousands of competitors, many of which already have significant competitive advantages vs WFC...and you want to give them even more? Quickest way to bankrupt the company. Of course, the second quickest way is to have an expensive twerp like Charles in charge.
If a financial Union does not get the Corporations (owned primarily by 401K's) to bend to their will (tyranny) they would go on strike, right?
This would mean US citizens would not have access to their money/wealth until the Union demands are met.
Is this REALLY what you want? How long can YOU go without using your "card" or have access to cash?
Based on the impact to US Citizen money/wealth - would this even be legal?
@2wmm no.
If you want to work for a union company, please leave Wells Fargo for that union job.
Jessie needs to calm down if anyone
@2qbj Calm down, Charlie.
The reason a union won’t work is because wf has the money to desuade and misinform. Look at how many folks here are chiming in against unions? How many of those people worked sh-t jobs or were promised things they didn’t get?
Unions just want the fees from gullible stupid people who are too lazy to build their own careers. They’re kinda like those poetry contests, the ones where you pay an entry fee to join and think you’ve won something when you do win, you’re just getting your entry fee back plus some monies from the other contestants, didn’t cost the organizer anything. Only in a union, they keep getting fees over and over from your hard earned check and there’s nothing you can do to stop them.
Uncle Sam takes enough, but now you mo--ns want more $$$ taken from our checks? Lame.
Go work for Krogers! They’re unionized, pay cr---y wages, give sucky hours….yet, they gotta pay the union dues. LOL
You ever worked for a union?! I have. Give me a break! The “joke of a union” didn’t do sh-t for me. They also take “dues” or fees out of your check to join their club, I mean “union” and don’t do sh-t for anything other than propelling businesses to continue offshoring or laying off. You people better wake up. You think layoff’s are bad now? You’ve seen nothing yet.
People who cry saying they want a union are too lazy to take initiative to build their own career path. Hey guess what?! You don’t need a union for something you can do yourself. Don’t like WF?! Then find another job. But leave the d-mb a-s union out of ours. Mkay?!
Unions don’t prevent offshoring, and if you think them getting you higher wages is a benefit, it will just escalate the offshoring methods and timelines and eventually you won’t get paid anything. Same as grocery stores and checkers, notice how there are more and more self checkouts? Notice no more people bagging your groceries? Just like the white collar jobs, automate and do not replace when they leave.
Why are the number of blue collar union members going down year over year?
Unions cover for slugs who don't do their work and any and all forms of other creatures not doing their work. I want no part of that work environment. I'll negotiate my own salary based upon the improvements I bring to my department.
Let's follow the money trail... Unionized workers get paid more, get better benefits, and have better working conditions compared to their non-union peers.
That's an awesome money trail. Count me in.
Charlie's shills aren't going to convince me otherwise. We deserve a seat at the table so we can standup to Charlie and his failed exec team.
“I have a mind of my own.“
…sure you do, we all buy that 🤣😂
@1wqa+1h4ox8iJ You assume too much. I have no issues with higher pay for employees. Just not willing to throw my life into the cesspool of a union. I have a mind of my own. Thank you very much.
"THINK about it. ALWAYS follow the money and the power trail" says the guy desperately protecting the company's bottom line against the insidious threat of higher employee pay.
This isn't a true headline. There are not "employees" but instead a few "planted" and/or "bought off" union activists who want attention and of course in the long run unionization to make THEMselves, not us the employees, more money and more powerful. THINK about it. ALWAYS follow the money and the power trail when someone encourages you to join something THEY want you to join and that completely changes the course. Especially when it is your day to day livelihood. Take a real good think before you leap.
Jessie’s living in your head, Charlie
"I am terrified at the prospect of “Jessie McCool” or some other low level paper pusher representing employees interests"
If the employees aren't representing their own interests, no one is. Or I suppose Charlie is, and we can all see how that is going: layoffs only make his stock compensation more valuable.
Ah yeah no thanks
I am terrified at the prospect of “Jessie McCool” or some other low level paper pusher representing employees interests
No white collar workers put union membership on their resume, and you wouldn’t list what other benefits you get here either. It’s irrelevant and does not come up in the hiring process in any financial institution I’ve worked for, it’s not 1950.
Just increasingly desperate fear mongering from the shills.
Joining a white collar union would not only be an embarrassing career move it would be a career ender to have on the resume
There is absolutely no reason for it.
Unions? Really? D-mbest idea i've ever heard of. Actually Charlie would love that it would just fuel his fire to spend more on tech and the move to India. Branches would be closed and replaced with kiosks.
Let's not be political. Up or down vote for unions. That is all.
@yks+1h4ox8iJ Yes, they're called bankrobbers. I'll try to speak a little slower so the Q crowd can keep up.
Isn't minimum at Wells almost $20/hour? I don't understand what benefits a union would bring besides suppressing growth to prop up tye bottom? Plus you need to pay union dues.
Just RTO guys! They'll outsource your jobs if you fight it!
Don't join a Union guys, they'll outsource your jobs if you do!
Weird how these clowns always advocate courses of action that benefit the company at your expense 🤔
If they're going to outsource you, it's going to happen either way. But nobody is going to New Delhi for a cashier's check and a lollipop.
Job Board w/ Unions
Hyderabad - 20,000 postings
America - 0
Management would just shutdown the branches and go 100% online
I'm a lazy b-m, where do I sign up to a be a union rep.
This feels like dejavu
I’ve worked for a union before and it was great, the dues are more than made up for by the increase in pay and benefits. Pushing back against sh---y employers like WF is what they are perfect for. They’re your only line of defense against the bu-----t we see come from this place every day.
The conservative trolls and shills wouldn’t be here if they weren’t so terrified of them threatening Charlie’s profit
As someone who has worked for a union employer, I can say that even with a union, layoffs will not be prevented. There are union dues automatically taken from the paycheck? Those dues aren't cheap. And once you're laid off, you'll ask, why the heck did I agree to unionization? Also, as far as wage compression, the union dues can easily get wipe out money received for compression. That is, IF you even GET compression pay. Unions are promises, and once you're in, they get your money and you're stuck with them. I vote NO to unionization at Wells!
Wells has issues, even more so than some banks. But unionization, not something that interests me at all.
This is great, some teammates have been talking about pursuing this even before this article came out. I've seen it being passed around quite a bit in the last few days.
I make enough that I'm not too concerned about unionizing, but I'm still all for it. Claw back some of those billions per year for the employees.
There's like 8/250000 employees pushing this. I don't understand at what point our media turned into a propaganda arm for compromised White House officials. Highly likely the teamsters were the the one's running around at midnight casting box loads of fake ballots on election night.
Workers at Wells Fargo, the third largest bank in the US, are pushing to organize a union across the bank’s workforce with Wells Fargo Workers United, a campaign with the Committee for Better Banks, which successfully won the first union contract in the banking industry in 40 years at Beneficial Bank in 2021.
Wells Fargo has faced a series of scandals in recent years, from the fake account scandal in 2016 exposed by whistleblowers with the Committee for Better Banks, to mortgage and auto loan abuses, adding on products to customer accounts without their knowledge, a lawsuit filed this year alleging mass overtime pay violations and, according to a recent report, the bank has used fake interviews to increase records of the bank’s diversity efforts.
“If it’s left to the senior leadership, the changes won’t occur. So we have to collectively bargain and take control ourselves,” said Jessie McCool, a senior compliance officer at Wells Fargo in Missouri for about eight years and a member of the workers’ organizing committee.
McCool started to get more involved with the Committee for Better Banks and joined the Wells Fargo organizing committee during the pandemic, when management culture and working conditions deteriorated further.
McCool said Wells Fargo suffers from management problems including company policies that are applied unevenly or unclear,which often has resulted in enabling discrimination, retaliation or scapegoating of workers by managers.
She cited a few examples, including being given an informal warning for being distracting when her child was playing in the background of a Zoom meeting, fighting against attempts by management to have pro-union message on her email tagline removed, to a female colleague being blamed in a meeting by a senior vice-president for missing compliance edits on a company brochure that she had made but were disregarded by the manager.
“A lot of bank workers don’t realize we have the right to unionize, but it’s time that the management committees of our bank heard our collective voices,” McCool said. “We have the ability to rise up collectively and address these policies and their uneven adherence.”
Ted Laurel has worked as an account resolution specialist at Wells Fargo in Texas for nine years and has been involved with the Committee for Better Banks for the past four years, but increased his involvement during the pandemic, which has included organizing and outreach to Wells Fargo workers on social media.
“Covid was another wake-up call on how unfair our policies can be, our unclear processes, the conflicting policies and the uneven application of both,” said Laurel. “When Covid came and safety was a major concern for us, I saw that my coworkers were not being treated the same as other coworkers who might have been afforded some safety protocols to not get sick or stay home.”
He also criticized the unfair distribution of wages, with minimum wages between $15 and $20 an hour, a lack of compression wage increases for workers based on their experience or seniority at the bank, and the lack of compensation and support for workers who have to transport and uninstall and reinstall desktop computer equipment multiple times a week as workers are still on hybrid work office schedules.
Workers at Wells Fargo with the Committee for Better Banks met with Wells Fargo’s CEO, Charles Scharf, in December 2020 over workers’ concerns with company policies, pay and benefits, but have been pushing for a follow-up meeting, to discuss recent scandals such as the fake diversity interviews.
“We want the customer base to know that we’re forming a union really for them. We’re tired of having our name dragged through the mud at Wells Fargo because of things that we’ve asked to have more control over, but the company refuses to give us that control,” said Laurel.
A spokesperson for Wells Fargo said in an email: “Wells Fargo believes our employees are best served by working directly with the company and its leadership to address matters of concern. When our employees have concerns, we want to hear directly from those employees to understand their perspectives and determine how we can work together to improve our workplace, and employees are encouraged to raise concerns and feedback through various avenues including with their manager, Employee Relations, or our confidential EthicsLine.”
They added Wells Fargo have had in place extensive safety measures throughout the pandemic and have compensated employees fairly, taking steps to enhance support to employees through compensation and benefits, particularly lower-paid and frontline employees.
Wells Fargo also denied mortgage lending discriminatory practice allegations and denied allegations of fake interviews being used to increase diversity reporting within the bank.
Fu----g do it - the c-suite is self serving