NEW YORK (Reuters) – Financial institution of America Corp advised staff on Wednesday it should donate $100 to native meals banks for each considered one of its staff who will get a COVID-19 vaccine booster shot and notifies the financial institution earlier than Jan. 31, in response to a memo seen by Reuters.
It’s a new spin on the $100 monetary incentives that some cities and states provided newly vaccinated residents, and comes as firms search for methods to guard workers and finally return to work in workplaces.
Financial institution of America, the US’ second-largest financial institution, mentioned it could donate as much as $10 million for staff who get booster pictures this month or who’ve already gotten the shot in the event that they register that data with the financial institution.
The pandemic has exacerbated meals insecurity in the US, hitting needy households and the nonprofits that serve them, financial institution Chief Human Assets Officer Sheri Bronstein wrote within the memo. Financial institution of America has donated $150 million to struggle starvation since 2015.
U.S. monetary companies have additionally been extra aggressive than different industries in encouraging staff to return to workplaces. Nevertheless, quite a few massive banks, together with Financial institution of America, have suggested staff to earn a living from home for not less than a part of this month to keep away from the extremely infectious Omicron variant, which has triggered COVID-19 circumstances to skyrocket.
Financial institution of America has inspired its staff to get vaccinated and boosted since final summer time, and has provided different incentives, together with paid break day, to get the pictures and $500 credit towards their well being profit premiums.
Reporting by Elizabeth Dilts Marshall; enhancing by Jonathan Oatis