59 highly specialized technical training programs to companywide development programs focused on the student’s transition from the campus to corporate environment . Community support and diversity, equity, and inclusion are key components of all Wells Fargo university programs . Leadership and professional development Our leadership development training program contributes to the success of the Wells Fargo employee by partnering with them and leadership to drive learning that is strategic, measurable, and effective . It’s our mission to contribute to the growth and profitability of Wells Fargo by providing employees with the tools and training necessary for job excellence and career advancement . We provide leadership training opportunities through such programs as Leading Through Change and Transition, Extraordinary Leader, Coaching and Feedback in the Moment, and several Diverse Leaders programs . In 2020, due to the challenges of COVID-19, the leadership and professional development program redirected 12 of the courses from face-to-face delivery to virtual delivery . We also worked with vendors and international leadership to convert additional courses to virtual delivery, to be implemented in 2021 . The Coaching and Feedback in the Moment (CFIM) program, which was converted to virtual delivery, aims to build the coaching capabilities of managers at all levels, as well as individual contributors who coach others in their roles . Delivery of the course is through in-person or virtual classes, supported by online learning activities . Leaders learn approaches for offering feedback and coaching in ways that aim to evoke insight and promote lasting behavior change . They discover how to weave coaching into their leadership style and create a collaborative coaching environment within their teams . In addition, our Manager Excellence learning program is designed to provide new managers with a consistent foundation and understanding of what’s expected of them and the tools and resources available to them . The program helps build skills so that managers can focus on building high-performing and engaged teams . The program’s components include: Independent learning Social communities and networking with peers On-the-job assignments Live webinars with internal subject matter experts in various subjects (e .g ., employee relations and compensation) A preliminary study indicated that managers who participated in these programs were more likely to conduct monthly (or more frequent) performance check-ins . What’s more, their employees reported that they were more actively engaged in those performance discussions . Competitive compensation Our compensation program is linked to performance management and is designed to promote prudent risk management and reinforce our culture and operating standards . Our compensation principles include: • Pay for performance ‒ Compensation is linked to company, line of business, and individual performance, including meeting regulatory expectations and creating long-term value consistent with the interests of shareholders .