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Diversity In Wells Fargo

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What does diversity mean in the workplace? Diversity is a value that many companies respect and appreciate. These aspects that they respect and appreciate are things like age, education, culture, experience, gender, race, ect. When these things are in effect, the workplace can be much smoother and the company will be able to achieve all goals that are needed. Out of many companies that do this, Wells Fargo, Dell, and Time Warner do it the best. Wells Fargo is a well know bank and financial service company in the United States who takes diversity to the next level. “Meeting the increasingly diverse needs of Wells Fargo’s global customer base is critical for our company’s long-term growth and success. We’re committed to advancing diversity …show more content…

Pay equity is the idea that pay for jobs requiring comparable levels of knowledge, ski, and ability to do the job should be similar, even if actual duties differ. Wells Fargo offers compensation packages, including salary, incentives, and benefits that are competitive with their competitors. Wells Fargo commits to fair compensation practices that regularly review their compensation programs and pay equity. The way they review this is first they engage a third party to conduct an objective pay equity analysis annually. Including both race and gender in the reviews. After the review has happened they share the results with the Human Resources Committee. Based on the reviews, they take actions so that team members continue to be paid fairly. “We are committed to conducting on-going pay equity reviews and continuing to enhance our processes (Wells …show more content…

They create a welcoming workplace that is very diverse so they can achieve their best work. They are able to harness everyone’s full potential, drive innovation and meet aspirations of their customers. Dell has employee resource groups which create a platform of networking, leadership, and community volunteer opportunities. Culture awareness training is also another thing that they include. Dell requires this so their new team members participate in culture awareness and it also facilitates powerful

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