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Tag: banking employees


News

UBS inches into permanent remote work

March 24, 2022

Via: Banking Dive

The president of UBS Americas said the Swiss bank expects about 10% of its U.S. employees to work remotely full time once it implements a new flex work program. The rollout of the plan will come in phases, beginning in […]


News

How Two Community Banks Added Remote Directors, and Why More Should

October 11, 2021

Via: Bank Director

Increasingly, community banks are considering remote or hybrid work arrangements as a way to bring on hard-to-find and in-demand talent at the employee level. They may want to consider doing something similar for their boards, as well. Many community banks […]


News

Bank of America, BMO Harris boost their minimum wages

October 6, 2021

Via: Banking Dive

If Bank of America reaches its $25-per-hour target on time, it will have bumped up its minimum wage by nearly $14, an hour since 2010, the bank said. Wednesday’s raise, effective date undisclosed, marks Bank of America’s first minimum compensation […]


News

Wells Fargo lays out two-wave strategy for office return

July 19, 2021

Via: Banking Dive

Friday’s memo served as an update for the U.S. bank with the largest workforce. Wells Fargo last month said it would confidentially survey its U.S. employees over their vaccination status — Powell asked that workers respond by June 16 — […]


News

The Versatile Compensation Tool Banks Need to Retain Key Employees

July 16, 2021

Via: Bank Director

Bank executives have some of the most highly transferrable, in-demand skill sets, leaving boards to decipher the best and most efficient ways to stay competitive while aligning the future of their organizations. They must balance three pillars of a well-rounded […]


Regulations

Wells Fargo, Bank of America roll out office-return benchmarks

March 31, 2021

Via: Banking Dive

Wells Fargo is setting its sights on a September office return, CEO Charlie Scharf and Chief Operating Officer Scott Powell told employees in a memo Tuesday. “We are encouraged by the significant increase in vaccination availability and have started to […]