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Wells Fargo Launches Military Spouse Hiring Program, Designed to Onboard 100 New Employees Per Year for the Next Five Years
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Wells Fargo (NYSE: WFC) has launched the Military Spouse Homefront Heroes Hiring Program, aiming to provide portable career opportunities for spouses of active military personnel. The initiative plans to hire 100 new employees annually over the next five years, offering remote, hybrid, and in-office roles. The program is designed to combat the 24% unemployment rate faced by military spouses, facilitating a virtual hiring event in August 2022 and starting employment on September 12, 2022.
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Launch of the Military Spouse Homefront Heroes Hiring Program, creating 100 jobs per year for five years.
Focus on employment portability addresses the high unemployment rate (24%) among military spouses.
Diverse roles across multiple departments, enhancing workforce inclusion.
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The Military Spouse Homefront Heroes Hiring Program Provides Portable Career Opportunities in Mid- to High-Level Positions
SAN FRANCISCO--(BUSINESS WIRE)--
Today, Wells Fargo & Company (NYSE: WFC) announces its Military Spouse Homefront Heroes Hiring program, offering mid- to high-level remote, hybrid, and in-office career opportunities with a focus on portability for spouses of those actively serving. The new program is designed to onboard 100 new employees each year for the next five years.
Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo)
Wells Fargo's Military Spouse Homefront Heroes Hiring (HHH) program is now accepting interested candidates into its talent community in preparation for launching 100 open positions in early June 2022. The HHH program team will help prepare candidates and hiring managers for a virtual hiring event, assisting with resume development and interview training to help applicants articulate transferrable skills and potential employment gaps. The virtual hiring event will occur in August 2022, with a program start date of Sept. 12, 2022.
The announcement comes in advance of Military Spouse Appreciation Day on Friday, May 6.
“The 24% unemployment rate for military spouses far exceeds the national average; this is largely a result of permanent change of station and the inability to have a portable career," said Sean Passmore, head of Military Talent Strategic Sourcing and Enterprise Military & Veteran Initiatives at Wells Fargo. “There is no one-size-fits-all solution to military spouse un- or underemployment. The scale and complexity of HHH demonstrate our understanding of the unique career challenges faced by military spouses, and our commitment to helping solve the problem.”
Positions will be available in Human Resources, Consumer & Small Business Banking, Technology, Wealth & Investment Management, and Consumer Lending. Each line of business will host 20 roles, and new hires will begin the inaugural program on Sept. 12, 2022.
HHH is just one of several programs Wells Fargo has implemented to serve and employ the military community. Others include:
The Veteran Employment Transition (VET) Program: A nationwide, competitively paid 8+ week Spring and Fall internship for experienced talent that converts directly to a full-time role based on performance. Interns develop an understanding of the daily responsibilities of a full-time Wells Fargo employee, while networking and participating in special training opportunities.
Military Apprenticeships: A Department of Labor structured experiential training program that results in skills certification for applicants who do not initially meet qualifications for the non-apprentice equivalent role.
Boots to Banking: A Wells Fargo one-of-a-kind program designed to attract, prepare, and hire military talent into various career opportunities through military-specific hiring events. Pre- and post-event components include candidate and hiring manager preparation along with valuable resources for a successful transition.
Corporate Fellowship Program: In partnership with the U.S. Chamber of Commerce Foundation's Hiring Our Heroes Initiative, the program hosts military personnel within six months of separation for a 12-week fellowship experience to achieve full-time employment.
About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 37 on Fortune’s 2021 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo
What is the Military Spouse Homefront Heroes Hiring Program of Wells Fargo?
The Military Spouse Homefront Heroes Hiring Program by Wells Fargo aims to provide portable career opportunities for spouses of active military members, hiring 100 employees annually for five years.
When does the Military Spouse Homefront Heroes Hiring Program start?
The hiring process begins with a virtual event in August 2022, and employment starts on September 12, 2022.
What roles are available in the Wells Fargo hiring program for military spouses?
Positions are available in departments such as Human Resources, Consumer & Small Business Banking, Technology, Wealth & Investment Management, and Consumer Lending.
What is the unemployment rate for military spouses?
The unemployment rate for military spouses is reported at 24%, significantly higher than the national average.
