Bank of America Essay

In a workplace where multiculturalism exists is a divers(prenominal) and boffo workplace. Diversity helps workers and customers to do business freely because majority of customers are gentle to run with people from their own shade. Pacific City Bank a financial company, which is not a diverse bank, has employees from however one culture and this has made way for customers from the selfsame(prenominal) culture to be comfortable to do business with them. From the higher level C.F.O to the vice president of the company everyone is from the same culture. It is positive fact for the customers from the same culture to sense comfortable to communicate and have safety when doing business, but there are many contradict effects of not having mixed bag in a workplace. When your doing business in a multicultural country, it is not viable to stick to doing business only with one culture, as the potential of the company cannot be reached. Customers from different cultures would not be co mfortable to do business, as they cannot understand their language or might feel out of place to do business.Whereas Wells Fargo other financial company, which is majorly known for diverse workplace has more benefits compared to Pacific city bank. Customers are more comfortable to bank with Wells Fargo, as they feel comfortable with the choices of diverse people available to communicate with. Wells Fargos main goal is to make their customers comfortable while banking with them. By hiring diverse employees, their workers will understand basic methods on how to act in present of another employee or customer from different cultures.Wells Fargo respects other cultures and policies. The companys council including the Chairman, C.E.O and other senior leaders meet every quarter to establish goals and set up directions when partnering with committee in the areas where there is diversity and market segment diversity. They ensure there is supporting infrastructure and inclusion- related be haviors as the work of all versus the work of a few.