3. GOOD HEALTH AND WELL-BEING

Citigroup is the first big U.S. bank to mandate vaccination for its workers. (Published 2021)

Written by Amanda

Citigroup told employees on Thursday that it would require vaccination against Covid-19 as a condition of employment in the United States, making it the first major bank to issue such a mandate.

“It has become crystal clear that Covid-19 will not be going away anytime soon,” Sara Wechter, the company’s head of human resources, wrote in a LinkedIn post describing the new policy.

Ms. Wechter cited two catalysts for the decision. First, because the bank does business with the federal government, it has an obligation to comply with President Biden’s executive order requiring vaccination for people working on government contracts. And mandating vaccinations will also allow the bank to “ensure the health and safety of our colleagues as we return to the office,” she wrote.

Citi will consider requests for medical and religious exemptions and will “will do all we can to help our colleagues comply with this new requirement,” Ms. Wechter wrote.

A Citi spokeswoman declined to comment on the mandate’s details.

Other big banks, including Bank of America and Goldman Sachs, have made vaccination a requirement for employees entering their offices but have stopped short of saying they would fire those who refuse to be vaccinated.

Source: nytimes.com

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai