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Key Takeaways A unique set of challenges.

In the months since, the company has completed a review of diverse candidate slate hiring approaches and has interviewed Wells Fargo recruiters and hiring managers to determine what’s working and what’s not, according to a company statement , which also notes that Wells Fargo has “engaged a broader set of employees in listening sessions since mid-May.”

U.S. staffers who are losing their jobs will receive 16 weeks of severance, plus an additional two weeks for each year of employment at the company, and their stock options set to vest in mid-November will still vest.

Golden said one of the reasons that the bill is “quite aligned” for passage is because it does not set an onerous mandate for employers.

Average payouts were slightly up relative to 2021 (117% versus 115% of target on average), suggesting companies performed well relative to their long-term strategies set in 2020.

“Excellence is not a singular act but a set of habits over time,” he said.

Finally, letters setting out the dates are issued to confirm the sabbatical has been approved.

Participating employers may choose to set additional eligibility requirements, such as criteria related to geographic area, employment status and income level.

The middle ground and more common arrangement is to pay a set cash fee, depending on the time they can commit during the service period.

Explaining what such comebacks and initiatives like this require, Rajesh said there is a need for consistent inputs, sensitizing managers on what it’s like being a woman re-entering the workplace after a break, designing jobs that set them up to succeed, and creating spaces for them to share and belong.