Shortly after federal regulators fined Wells Fargo $185 million for its decades-long fake account fiasco perpetrated by employees who opened more than two million unauthorized accounts in order to meet high-pressure sales goals, the company said it would ditch the incentive system. Now, the bank has finally outlined its new approach to compensating employees that shifts the focus away from upselling add-on products and toward improved customer satisfaction. [More]
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VW Offering Owners $2,000 “Loyalty Bonus” For Buying A New Car, Sticking With The Company
The hundreds of thousands of consumers still waiting to hear just how Volkswagen plans to fix their “clean diesel” vehicles rigged to cheat emissions tests could simply go buy a new automobile from the carmaker — you know, one that isn’t affected by the scandal. Or at least that’s what it appears VW is saying with the launch of an “Owner Loyalty Bonus” program. [More]