SAN FRANCISCO–Some Wells Fargo employees are looking to form a union.
Organizers of the unionization effort are demanding a pay raise for all Wells Fargo employees, an increase in staffing levels to enable smaller workloads, flexible work arrangements with time-off benefits and the ability to unionize without fear of retaliation, according to a flyer first reported by The Guardian.
Employees formed the Wells Fargo Workers United campaign with the Committee for Better Banks, the organization that won the first union contract in the banking industry in 40 years for workers at Beneficial State Bank in 2021, The Guardian reported.
Jessie McCool, a senior compliance officer at Wells Fargo in Missouri and a member of the organizing committee, told the Guardian that Wells Fargo has policies that are unclear or are applied unevenly, which can enable discrimination, retaliation or scapegoating.
“If it’s left to the senior leadership, the changes won’t occur. So we have to collectively bargain and take control ourselves,” McCool told the news publication. “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.”
Meeting With CEO
According to the report, Wells Fargo employees with the Committee for Better Banks met in December 2020 with CEO Charlie Scharf over workers’ concerns regarding company policies, pay and benefits and have been angling for a follow-up meeting to discuss recent scandals such as interviews with nonwhite candidates for positions that had already been promised to others.
One Wells Fargo employee told the Guardian the company’s workers are “tired of having our name dragged through the mud at Wells Fargo because of things that we’ve asked to have more control over.”
A Wells spokesperson told the Guardian in an email the bank "believes our employees are best served by working directly with the company and its leadership to address matters of concern."
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