Wells Fargo, which has the largest workforce among U.S. banks, is encouraging employees to get vaccinated against Covid-19 and is offering paid time off for the inoculations.
The firm will offer up to eight hours paid time off for employees across the world to get vaccinated, according to an internal memo reviewed by Bloomberg. The San Francisco-based firm is also expanding a testing program, offering the service free to workers at its 25 largest locations, and those who work at other facilities can request an at-home test from the company.
“While we understand that choosing to be vaccinated is a personal decision, we encourage you to consider getting the vaccine when it’s available to you,” David Galloreese, head of human resources, said in the memo. “We encourage you to be educated about Covid-19 vaccines so that you can make an informed decision.”
The fourth-largest U.S. bank joins JPMorgan Chase, Bank of America and Citigroup in providing workers paid time off to get vaccines. Wells Fargo had 268,531 employees at the end of last year.
