wells fargo diversity statistics
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Wells Fargo provides a wide range of online tools and resources for managers through the company's Manager Center and Live Diversity & Inclusion websites to make it easy for managers to build a diverse and inclusive team, and leverage team members' differences as a competitive advantage. To attract and retain talented employees, Wells Fargo offers a total compensation package, including salary, benefits and incentive pay opportunities, that is competitive with those offered by our key competitors in the businesses and markets where we operate. To fulfill their customers' financial needs, Wells Fargo aims to provide reliable guidance, build a trustworthy . Success comes from inviting and incorporating diverse perspectives. Supplier diversity at Wells Fargo 2012-2021 Published by Statista Research Department , Aug 8, 2022 The annual spending of Wells Fargo with diverse suppliers increased significantly. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. **If you learned about this opportunity on your campus, please apply through your career center website. We're committed to doing both." Kimberly Bertz Are you interested in testing our corporate solutions? We are committed to providing outstanding service to everyone. The average employee at Wells Fargo makes $41,599 per year. Johnson C. Smith University and United Way of. . to incorporate the statistic into your presentation at any time. Topline. Industry-specific and extensively researched technical data (partially from exclusive partnerships). We're committed to advancing diversity, equity, and inclusion by helping ensure that all people across our workforce, our communities, and our supply chain feel valued and respected and have equal access to resources, services, products, and opportunities to succeed. Please create an employee account to be able to mark statistics as favorites. Accessed December 11, 2022. https://www.statista.com/statistics/1317041/racial-diversity-wells-fargo-us/, Wells Fargo. Wells Fargo & Co. (NYSE: WFC) announced Dec. 1 that Houston was one of three metropolitan areas to participate in a $5 million grant to diversify the home appraisal industry. As of July 2022, the share of female directors on the board of Wells Fargo was 35.7 percent. In a report by Business Wire in 2009 it records that "despite the down economy, Wells Fargo & Company giving to nonprofits-combined with Wachovia Corporation-increased 5 percent to $226 million in 2008. Are you interested in testing our corporate solutions? Wells Fargo routinely interviewed women and people of color to record diversity efforts in its hiring practices despite already offering the positions to other candidates, several employees have . We include both gender and race/ethnicity in our reviews. Wells Fargo & Co. has named Kristy Fercho, the current leader of Wells Fargo Home Lending, as its new head of diverse segments . You can only download this statistic as a Premium user. Marketplace. Santos joins Wells Fargo . In 2021, more than 55 percent of the U.S.-based employees of Wells Fargo identified as white, which made it the most prevalent ethnicity at the leading American bank. We strive for a culture with inclusive policies and programs that attract, develop, engage, and retain the best talent. Wells Fargo & Company is now hiring a Workday Engineer in Charlotte, NC. You only have access to basic statistics. Then you can access your favorite statistics via the star in the header. Wells Fargo has a diversity rating of 3.9. Profit from the additional features of your individual account. We integrate diversity, equity, and inclusion into the business decisions we make every day, including how to increase work with diverse vendors and suppliers. facts. On Oct 21, please search Job ID R-179659 to apply. Wells Fargo did not dispute the initial report, though it did seek to cast it as anecdotal and not reflective of its hiring practices, which it says have significantly increased the numbers of. A paid subscription is required for full access. Learn more about how Statista can support your business. In the senior leadership, the share of female leaders was lower: Approximately 23.5 percent of the. Santos brings a unique mix of leadership and business experience to this new and expanded diversity Operating Committee role Wells Fargo Company (NYSE: WFC) today announced that Kleber Santos will join the company on Nov. 9 as head of the newly created Diverse Segments, Representation and Inclusion group, elevating the company's internal and external diversity efforts. Home appraisal as an industry lacks racial and ethnic diversity. July 8, 2022. We strive to achieve the optimal combination of price, quality and service for purchased products and services through our Supply Chain Management group. "Racial Diversity in The Total Workforce Composition of Wells Fargo in The United States from 2019 to 2021. At Wells Fargo, that's paired with ongoing training, mentoring, and accommodations to help individuals succeed in their roles. Wells Fargo is dedicated to supporting the LGBTQ+ community. A Wells Fargo spokesperson said the claims were without merit and that its diversity guidelines have led to "meaningful, positive results." The bank said 42% of individuals who were hired in. Statista. Gender diversity in the leadership of Wells Fargo as of July 2022 [Graph]. . Wells Fargo has launched the Banking Inclusion Initiative, a 10-year commitment to accelerate unbanked individuals' access to affordable mainstream accounts and help unbanked communities have easier access to low-cost banking. "Gender diversity in the global workforce composition of Wells Fargo from 2019 to 2021." To use individual functions (e.g., mark statistics as favourites, set Its number. "We're proud to partner with Wells Fargo on this innovative project to open the doors of opportunity and bring a much-needed new approach to diversity, equity, and inclusion that we hope will. The results of the review are shared with our Boards Human Resources Committee. In its first diversity and inclusion report, published Wednesday, Wells Fargo reported that the bank increased its share of female executives from 41.7% in 2020 to 44.3% last year. You need a Statista Account for unlimited access. Show publisher information Directly accessible data for 170 industries from 50 countries We focus on three areas: Workforce diversity, equity, and inclusion. We build relationships within the communities we serve by advancing diverse supplier development and growth. Intern: October 21, 2022 ONLY. Wells Fargo is a diversified, community-based financial services company, with approximately 266,000 active, full-time equivalent employees providing banking, investment, and mortgage products and services, as well as consumer and commercial finance. Industry: Financial Services, Mortgage, Technology, Fintech. Supplier diversity. "Racial diversity in the total workforce composition of Wells Fargo in the United States from 2019 to 2021." Wells Fargo, the nation's third-largest bank, adopted the policy two years ago in an effort to increase its workplace diversity. Read what Wells Fargo employees think about diversity and inclusion at the company, and if their workforce is comprised and supportive of individuals of varying gender, ethnicity, age, sexual orientation, religion and other attributes. A paid subscription is required for full access. Chart. In, Wells Fargo. This case was settled for $8 million . Data is based on voluntary self-identification and may not include every employee. Nov 2 (Reuters) - Wells Fargo & Co on Monday appointed Kleber Santos as head of a newly created diverse segments, representation and inclusion group, effective Nov. 9. Thank you, your preferences have been updated. Wells Fargo's stand alone 2008 giving rose 11 percent from the previous year to $102 million" (Business Wire). Our compensation program is designed to be consistent with our four compensation principles of paying for performance, fostering a risk management culture, attracting and retaining top talent, and encouraging the creation of long-term stockholder value. ", Wells Fargo, Gender diversity in the global workforce composition of Wells Fargo from 2019 to 2021 Statista, https://www.statista.com/statistics/1317039/wells-fargo-global-gender-diversity/ (last visited December 11, 2022), Gender diversity in the global workforce composition of Wells Fargo from 2019 to 2021, Available to download in PNG, PDF, XLS format, Gender diversity at the largest U.S. banks, Share of women on boards in the financial services sector worldwide 2016-2021, Share of women in leadership roles in the financial services sector worldwide 2021, Gender diversity in financial services in North America 2021, by corporate role, Industries with the highest share of women board directors in the U.S. 2014-2021, Share of women on boards in the financial services sector in the U.S. 2014-2021, Women in senior roles in the financial services sector in the U.S. 2021-2030, Gender diversity in leading U.S. banks 2021, by share of female employees, Gender diversity in the workforce of JPMorgan Chase in the U.S. 2019-2021, Gender diversity in the workforce of Bank of America in the U.S. 2019-2021, Gender diversity in the global workforce of Wells Fargo 2019-2021, Gender diversity in the workforce of Citigroup in the U.S. 2019-2021, Gender diversity in the workforce of U.S. Bank in the U.S. 2019-2021, Gender diversity on senior level at leading U.S. banks 2021, Gender diversity in the leadership of JPMorgan Chase 2021, by position, Gender diversity in the leadership of Bank of America 2021, Gender diversity in the leadership of Wells Fargo 2022, Gender diversity in the leadership of U.S. Bank 2022, Gender diversity at JPMorgan Chase in the U.S. 2021, by job category, Gender diversity at Bank of America in the U.S. 2021, by job category, Gender diversity at Citigroup in the U.S. 2021, by job category, Gender diversity at U.S. Bank in the U.S. 2021, by job category, Gender diversity at PNC in the U.S. 2021, by job category, Tier 1 and Tier 2 spent on diverse suppliers at JPMorgan Chase 2021, Supplier diversity at Wells Fargo 2012-2021, Supplier diversity at Citigroup 2020-2021, Supplier diversity at State Street Corporation 2020-2021, Gender diversity in leading UK banks 2021, by share of female employees, Gender diversity in the total workforce of Barclays 2016-2021, Gender diversity in the total workforce of Standard Chartered 2016-2021, Gender diversity in the total workforce of HSBC 2018-2021, Gender diversity in the workforce of Goldman Sachs 2021, by job category, Gender diversity in the total workforce of NatWest Group 2020-2021, Gender diversity in the total workforce of Lloyds Banking Group 2015-2021, Gender diversity in the global workforce of Citigroup 2019-2021, Racial diversity in the workforce of Wells Fargo in the U.S. 2019-2021, Hire rate at Wells Fargo in the United States 2019-2021, by gender, Gender diversity in the workforce of PNC in the U.S. 2020-2021, Diversity in the U.S. publishing industry, Find your information in our database containing over 20,000 reports. Additional monitoring reveals that program alumni are more likely to stay with Wells Fargo than non-alumni peers and they are more likely to be promoted. Wells Fargo's wide range of internship and development programs for undergraduates and post-graduates are designed to prepare you for a rewarding and successful career. . You only have access to basic statistics. Each ERN is aligned with our company strategy and devoted to professional growth and education; community outreach; recruiting and retention; supporting business development; and customer insight. (July 8, 2022). To use individual functions (e.g., mark statistics as favourites, set Wells Fargo CEO promises more 'diversity' after woke backlash over 'limited pool of black talent . Wells Fargo Invokes the Pipeline. About Wells Fargo Corporate Responsibility Goals and Reporting Goals and Reporting Print Share We're taking an active role in addressing pressing societal challenges to drive positive impact. About Us. One of the reasons the bank was honored for diversity: the Wells Fargo board. Black people comprise 6% of Wells Fargo's senior management, the wire service reported. As a Premium user you get access to background information and details about the release of this statistic. July 18, 2022. We integrate diversity into our vendor sourcing process. In 2021, the share of female employees in the global workforce of Wells Fargo was 53 percent, and the share of male employees was 47 percent. All answers shown come directly from Wells Fargo Reviews and are not edited or altered. This statistic is not included in your account. Based on our pay equity reviews, we take appropriate actions so that our employees continue to be paid fairly and equitably. If you are an admin, please authenticate by logging in again. To implement diversity, equity, and inclusion in every aspect of our business, we collaborate with key internal partners including Human Resources, Public Affairs, Marketing, and Corporate Communications. Any tools at the following website are provided for educational and illustrative purposes only. July 8, 2022. Learn more about how Statista can support your business. We may also use cookies to enhance performance, analyse site usage and to personalise your experience. When Wells Fargo circulated a company-wide memo in 2020, announcing its own share of DEI initiatives, CEO, Charles Schafer blamed the lack of diversity in the organization on the unavailability of Black talent, stating: To use individual functions (e.g., mark statistics as favourites, set This statistic is not included in your account. Wells Fargo's board diversity is disproportionate with its employees' demographics. Got it! Diversity in business can be a game-changer. As a Premium user you get access to the detailed source references and background information about this statistic. understanding of the financial services industry than to participate in the Wells Fargo's Freshman Diversity Finance Forum. You are leaving wellsfargojobs.com and entering a third-party domain. The bank didn't mention the. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. We are committed to conducting on-going pay equity reviews and continuing to enhance our processes. Get quick analyses with our professional research service, Toplists & Rankings: Best Employers Portal. You need a Statista Account for unlimited access. - Judy Iannaccone. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. The grant is a . "The Wells Fargo-Elevate initiative is multifaceted and comprehensive," said Elevate CEO Anne Evens. 8485 Wells Fargo Diversity Inclusion jobs. As of 2021, Wells Fargo prioritizes financial success for their customers in their mission and vision statement. Diverse suppliers support economic development and create jobs in the communities we serve. The Diverse Leaders Programs are helping team members engage and grow as leaders, make stronger connections, and cultivate a culture that promotes and celebrates diversity and inclusion. Your story starts here Our varied career paths allow you to flourish in an inclusive environment comprised of other smart, dedicated professionals who are all focused on success. Advocacy. Statista. Statista. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. For all the high-profile controversies, Wells Fargo seems to . Show publisher information Female Officers and . Attracting, developing and retaining diverse talent is critical to understanding and meeting the needs of an evolving and changing market." COMPANY FACTS WFC (NYSE) U.S. Headquarters: San Francisco, CA Global Employees: 259,000 2018 DiversityInc Top 50 Ranking: No. Making progress requires a sense of urgency and a sustained, long-term effort. to incorporate the statistic into your presentation at any time. Its a business imperative that lets us take advantage of the creation and innovation that comes from multiple perspectives. . "At Wells Fargo, we are firmly committed to diversity, equity, and inclusion and we believe we have a tremendous opportunity to make a positive impact in the communities where we work, live, and serve. You need at least a Starter Account to use this feature. Please enable JavaScript on your browser and refresh the page. Diversity, Equity, and Inclusion. "Gender diversity in the leadership of Wells Fargo as of July 2022." That's compared to 35% women and 13% minorities in 2019. Statista. Our priorities and goals are set by the Enterprise Diversity, Equity & Inclusion Council led by our CEO and President, and comprised of leaders across the company. The CEO of Wells Fargo offered a groveling apology for his "unconscious bias" and promised more diversity at one of the largest US banks, after a quote from an internal memo caused outrage; even some members of Congress joined in. You need a Statista Account for unlimited access. Use Ask Statista Research Service. Wells Fargo CEO Charles Scharf said the bank had trouble reaching its diversity goals because there isn't enough qualified minority talent, Reuters reported, echoing what advocates say . You can only download this statistic as a Premium user. and over 1Mio. In addition to working with LGBTQ+ suppliers as part of its supplier diversity, it also provides support to many national LGBTQ+ outreach organizations including the Trevor Project, the Human Rights Campaign and the National LGBT Chamber of Commerce. Chart. Access to this and all other statistics on 80,000 topics from, Show sources information In addition, Wells Fargo is committed to attracting, developing, and retaining the best-qualified, most diverse group of employees. Currently, you are using a shared account. Discover the many ways we make inclusiveness a priority. Integrating diversity into your small business, from suppliers to employees, can help you grow. A 2019 survey by the Certified Financial Planner Board found that only 3.5% of the more than 80,000 professionals with this designation were African-American or Latino, compared to being 32% of the. Lead by our CEO, and comprised of senior leaders from across our company, the councils make decisions that align with our goals and influence change. 56% of Wells Fargo employees are women, while 44% are men. As a Premium user you get access to the detailed source references and background information about this statistic. Wells Fargo & Co <WFC.N> Chief Executive Charles Scharf exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because . In 2020, about 33% of Wells Fargo's executive and senior-level employees were women and 17% were minorities. Currently, you are using a shared account. Board diversity at leading U.S. banks 2022, by gender, Supplier diversity at Truist Bank 2020-2021, Gender diversity in the leadership of Citigroup 2021. Wells Fargo had already been trying to increase diversity. Show publisher information Wells Fargo is a diversified community-based financial services company with a vision to satisfy customer's financial needs and help them succeed financially. Learn more about our history of serving customers, building a diverse team, and working with communities. Learn more about our Employee Resource Networks here. Access to this and all other statistics on 80,000 topics from, Show sources information Accessed December 11, 2022. https://www.statista.com/statistics/1320749/gender-diversity-in-the-leadership-of-wells-fargo/, Statista. Please review the applicable privacy and security policies and terms and conditions for the website you are visiting. For ticket information for Awards 42, call 714-834-7181 or visit our Awards 42 page. Wells Fargo is delivering more than $3.2 million in grants to address a range of critical community needs across Charlotte, North Carolina. Employee Resource Networks. Their values center around their views of what is right for their customers and effectively motivate their employees. He also said Wells Fargo would add a new diversity and inclusion-focused position reporting directly to the CEO. Please do not hesitate to contact me. - Staff Writer, Bizwomen, Nov 2, 2022. Please do not hesitate to contact me. Racial diversity in the total workforce composition of Wells Fargo in the United States from 2019 to 2021 [Graph]. Diversity & Inclusion 'To open the opportunity pipeline, we need to think differently about talent' If you are an admin, please authenticate by logging in again. Corporate solution including all features. Diversity, Equity & Inclusion councilsare established at the business and international regional levels of the organization to help implement programs and initiatives. CEO Charles W. Scharf stated in June that the company's lack . "At Wells Fargo, diversity and inclusion is a business sustainability strategy. Discover the many ways we make inclusiveness a priority. Search job openings, see if they fit - company salaries, reviews, and more posted by Wells Fargo employees. (July 18, 2022). In, Statista. This statistic is not included in your account. Get full access to all features within our Corporate Solutions. Profit from the additional features of your individual account. Wells Fargo has 268,531 employees. In addition to our Enterprise Council, we have councils at the regional, local, and line-of-business level. By clicking "Accept All", you agree to the storing of cookies on your device to give you the most optimal experience using our website. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Corporate solution including all features. A paid subscription is required for full access. Learn more about how Statista can support your business. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. About Wells Fargo; Diversity and Accessibility; Diversity and Accessibility Print Imagine a company where differences are resources for success. It allows us to respond quickly and effectively to customer needs, and it helps us understand our customers more fully, see business opportunities in new ways, and succeed in serving the needs of all customers. Get full access to all features within our Corporate Solutions. Participation Requirements. Please create an employee account to be able to mark statistics as favorites. If you are an admin, please authenticate by logging in again. Diversity, equity, and inclusion leaders across the company help to strategically implement inclusive practices and behaviors. Accessed December 11, 2022. https://www.statista.com/statistics/1317039/wells-fargo-global-gender-diversity/, Wells Fargo. As soon as this statistic is updated, you will immediately be notified via e-mail. ", Statista, Gender diversity in the leadership of Wells Fargo as of July 2022 Statista, https://www.statista.com/statistics/1320749/gender-diversity-in-the-leadership-of-wells-fargo/ (last visited December 11, 2022), Gender diversity in the leadership of Wells Fargo as of July 2022, Available to download in PNG, PDF, XLS format, Gender diversity at the largest U.S. banks, Share of women on boards in the financial services sector worldwide 2016-2021, Share of women in leadership roles in the financial services sector worldwide 2021, Gender diversity in financial services in North America 2021, by corporate role, Industries with the highest share of women board directors in the U.S. 2014-2021, Share of women on boards in the financial services sector in the U.S. 2014-2021, Women in senior roles in the financial services sector in the U.S. 2021-2030, Gender diversity in leading U.S. banks 2021, by share of female employees, Gender diversity in the workforce of JPMorgan Chase in the U.S. 2019-2021, Gender diversity in the workforce of Bank of America in the U.S. 2019-2021, Gender diversity in the global workforce of Wells Fargo 2019-2021, Gender diversity in the workforce of Citigroup in the U.S. 2019-2021, Gender diversity in the workforce of U.S. Bank in the U.S. 2019-2021, Gender diversity on senior level at leading U.S. banks 2021, Gender diversity in the leadership of JPMorgan Chase 2021, by position, Gender diversity in the leadership of Bank of America 2021, Gender diversity in the leadership of Wells Fargo 2022, Gender diversity in the leadership of U.S. Bank 2022, Gender diversity at JPMorgan Chase in the U.S. 2021, by job category, Gender diversity at Bank of America in the U.S. 2021, by job category, Gender diversity at Citigroup in the U.S. 2021, by job category, Gender diversity at U.S. Bank in the U.S. 2021, by job category, Gender diversity at PNC in the U.S. 2021, by job category, Tier 1 and Tier 2 spent on diverse suppliers at JPMorgan Chase 2021, Supplier diversity at Wells Fargo 2012-2021, Supplier diversity at Citigroup 2020-2021, Supplier diversity at State Street Corporation 2020-2021, Gender diversity in the leadership of NatWest Group 2021, by level, Gender diversity in leading UK banks 2021, by share of female employees, Gender diversity in the total workforce of Lloyds Banking Group 2015-2021, Racial diversity in the workforce of Wells Fargo in the U.S. 2019-2021, Hire rate at Wells Fargo in the United States 2019-2021, by gender, Gender diversity in the senior leadership of HSBC 2018-2021, Gender diversity in the leadership of Lloyds Banking Group 2015-2021, Board diversity at leading UK banks 2022, by gender, Gender diversity in the total workforce of Barclays 2016-2021, Gender diversity in the leadership of PNC 2022, Diversity in the U.S. publishing industry, Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. 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