Bank of America offers US$200 to jabbed Merrill employees

Bank of America offers US$200 to jabbed Merrill employees

Over 80% of the wealth management firm's staff have reported their vaccination status.

CHARLOTTE:
Bank of America Corp will pay out US$200 awards to its employees at Merrill Lynch Wealth Management who have been fully vaccinated and going to office regularly, according to a memo shared with Reuters yesterday.

The awards will be offered to client associates, administrative support and operations staff at BofA-owned Merrill Lynch, a spokesman for the bank said.

For now, only those staffers who have confirmed they have received their vaccines were asked to return to office, the spokesman said.

“While there is no vaccine mandate across the company, we strongly recommend employees be vaccinated and to notify us of their status.”

More than 80% of Merrill employees have voluntarily reported their vaccination status and have or are returning to the office, the spokesman added.

Earlier this year, major Wall Street firms were aggressively planning for most employees to return to office.

But the highly contagious Delta variant of the coronavirus forced some of them to postpone the returns.

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