Tag: Wells Fargo

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Dave Ulrich: This Is a Great Time to Be in HR!

BLR’s popular podcast, HR Works, recently featured an interview with Dave Ulrich, the man some call the “father of modern HR.” He and his colleagues have a new book out that can help HR leaders in a practical and research-based way. The book is Victory through Organization, Why the War for Talent is failing Your […]

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Variable Pay and Risk Management: Are Mitigation Measures Working?

Where did Wells Fargo wrong, and what can employers using variable pay learn from its experience? Several lessons can be gleaned, and chief among them is that companies walk a fine line between incentivizing employees enough to improve company results without promoting undue risky behaviors.

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Wells Fargo scandal shows serious lack of effective leadership

by Dan Oswald President Harry S. Truman famously had a plaque on his desk that read, “The buck stops here.” It was a reminder to himself that he couldn’t pass responsibility for the way the country was governed. Ultimately, he was responsible. Responsibility comes with leadership. If you’re in a position of authority, you’re accountable […]

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℞ for Your PBM: ‘Here’s what we’re willing to pay …’

Haas, who is vice president of Wells Fargo Pharmacy Consulting, spoke to BLR about the problem of generic drug pricing. To attack the problem, Haas and his team at Wells Fargo created a unique procurement strategy. “About 4 years ago, we listed every generic drug—and there are about 2,750 of them—by their specific identifying codes. […]

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Wells Fargo Shells Out For Alleged Overtime Violations

Wells Fargo & Co. has agreed to pay $12.8 million to settle a class action lawsuit charging that the bank improperly classified certain business-systems employees in California and other states as exempt from overtime, in violation of the federal Fair Labor Standards Act. The suit, filed in federal court in San Francisco, alleged that Wells […]

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Wells Fargo Settles Check-Cashing Fee Suit

Wells Fargo & Co. bank has settled a lawsuit that challenged the $5 fee charged by the bank for non-accountholders who cashed payroll checks drawn on a Wells Fargo account. The lawsuit, filed on behalf of California employers, claimed that the fee put businesses in jeopardy of violating a California Labor Code provision requiring employers […]

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