EconomyMarkets

Get a booster, we’ll give a food bank $100 By Reuters

© Reuters. FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo

NEW YORK (Reuters) – Bank of America Corp (NYSE:) told workers on Wednesday it will donate $100 to local food banks for every one of its employees who gets a COVID-19 vaccine booster shot and notifies the bank before Jan. 31, according to a memo seen by Reuters.

It is a new spin on the $100 financial incentives that some cities and states offered newly vaccinated residents, and comes as companies look for ways to protect staff and ultimately return to work in offices.

Bank of America, the United States’ second-largest bank, said it would donate up to $10 million for workers who get booster shots this month or who have already gotten the shot if they register that information with the bank.

The pandemic has exacerbated food insecurity in the United States, hitting needy families and the nonprofits that serve them, bank Chief Human Resources Officer Sheri Bronstein wrote in the memo. Bank of America has donated $150 million to fight hunger since 2015.

U.S. financial firms have also been more aggressive than other industries in encouraging employees to return to offices. However, a number of big banks, including Bank of America, have advised employees to work from home for at least part of this month to avoid the highly infectious Omicron variant, which has caused COVID-19 cases to skyrocket.

Bank of America has encouraged its workers to get vaccinated and boosted since last summer, and has offered other incentives, including paid time off, to get the shots and $500 credits toward their health benefit premiums.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Source link

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button