Wells Fargo’s Volunteer Leave Program was established in 1976 and is open to team members who have been with the company for five years among other criteria. Team members are chosen annually based on their personal commitment to the organization, their proposed project, and the potential impact that their project goals will have on addressing a specific social issue. In addition to being paid their full salary during the volunteer leave, recipients also receive full benefits as well.
“Our team members show incredible dedication to their communities, and we are pleased to be able to offer a program that can deepen their impact with organizations and causes that are very important to them,” said John Stumpf, Wells Fargo Chairman and CEO.
The 40-year-old Volunteer Leave program allows selected Wells Fargo team members to take a fully paid leave – up to three months –to focus on a community-based volunteer project of their choice. 22 Wells Fargo team members across the country received an award in 2015, totaling more than 41 months of paid leave for community involvement. Projects this year included establishing a library in the Philippines, providing disaster preparedness education to students, and supporting an organization that is transitioning to be a standalone nonprofit entity.
Congratulations Wells Fargo!