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The former employees say that Wells Fargo's health plan pays inflated prices to pharmacy benefit managers (PBMs), who negotiate with drugmakers, health insurance plans and pharmacies to set ...
A Wells Fargo & Co employee filed a lawsuit on Thursday accusing the bank of depriving hundreds of its U.S. branch workers of overtime pay, as the bank faces an unprecedented campaign to unionize ...
The news of a Wells Fargo employee's body being found in her cubicle four days after her death has sparked outrage and questions nationwide. ... Similar rules apply for other employee benefits you ...
In October 2014, a Wells Fargo employee earning $15 per hour emailed the CEO—copying 200,000 other employees—asking that all employees be given a $10,000 per year raise taken from a portion of annual corporate profits to address wage stagnation and income inequality. After being contacted by the media, Wells Fargo responded that all ...
Wells Fargo is also continuing to pull itself from a 2016 scandal in which employees had opened millions of fraudulent accounts, often to meet sales goals. As a result, federal regulators mandated ...
Wells Fargo Insurance Names Tim Prichard Head of National Employee Benefits Practice World's fifth largest broker also announces dedicated team for healthcare exchange strategy SAN FRANCISCO ...
Wells Fargo officials are open about their disfavor of the unionization effort but deny that the layoffs of 11 employees in the bank's conduct management intake department were a response to the ...
In 2019, Principal purchased Wells Fargo's institutional retirement and trust business (including 401k, pension, executive deferred compensation, employee stock ownership plans and asset advice business) for $1.2 billion. The deal was financed with cash and senior debt financing. [8]