Wells Fargo lately mentioned it was pausing a hiring coverage that requires recruiters to interview a various pool of candidates.
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Federal prosecutors in New York have opened a legal investigation into whether or not Wells Fargo violated federal legal guidelines by conducting faux job interviews, the New York Instances reported on Thursday, citing folks aware of the matter.
Earlier this week, the financial institution mentioned in a memo it was pausing a hiring coverage that requires recruiters to interview a various pool of candidates, after one other report by the New York Instances mentioned such interviews have been typically faux and carried out though the job had already been promised to another person.
The financial institution didn't instantly reply to a Reuters request for remark.
The New York Instances reported final month that a former worker within the financial institution’s wealth administration enterprise had complained that he was pressured by his bosses to interview folks for jobs that had already been promised to others, simply to satisfy the varied slate requirement.
Various slate hiring is a expertise acquisition technique the place the recruiter begins with an already various pool of certified candidates.
CEO Charles Scharf has mentioned the financial institution will proceed to actively search range in hiring even throughout this pause, and upon completion of the overview, will make changes to its various slate program the place applicable and relaunch it in July.
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