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 alleged.
The banking company has a long-standing informal policy that employers interview “diverse” candidates, defined by the company as women or people of color, for open positions. However, several employees said they began to realize candidates were often interviewed for positions that had already been offered to someone else.
The former executive is one of seven current and former Wells Fargo employees who said the company instructed them to interview diverse candidates for positions that were filled. Five other employees were also aware of the policy or helped put it into practice, they told the outlet. Bank executives encouraged employees to follow its hiring guidelines and said they don’t condone the alleged conduct described by the employees.
Wells Fargo has previously faced allegations of discrimination in its hiring practices, paying $7.8 million in back wages and interest to resolve accusations of hiring discrimination. The payment was part of a settlement with the Department of Labor to resolve allegations the company had discriminated against 34,193 black applicants.
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