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In a home office and hybrid world, many employees are looking for ways to save time and make it appear as if they are sitting at the computer, even when they are not actually concentrating on work.
That's what happened to more than a dozen Wells Fargo wealth and investment management employees, who were caught and subsequently fired last month for faking keystrokes on their computers to make it appear as though they were working when they weren't.
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“Wells Fargo holds its employees to the highest standards and does not tolerate unethical behavior,” Wells Fargo said in a statement to Bloomberg.
The termination documents filed with the UK financial regulator FINRA state that the reason for termination was that the employees were “dismissed following an investigation into allegations related to the simulation of keyboard activity that gave the impression of active work”.
It was not specified how they faked the keystrokes or whether the employees did so while they were in the office.
Some teleworkers use devices called “mouse swarms” to simulate movements on a computer keyboard, signaling to employers and supervisors that they are using their device even when they are not nearby.
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Wells Fargo currently operates a hybrid model where the majority of employees are expected to be in the office at least three times a week, but employees at other levels (such as senior management) are expected to be in the office four or more days.
The bank's policy is comparatively more lax than that of other banks in the industry, such as Goldman Sachs, which required its employees to return to the office five days a week at the end of last summer.
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