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JPMorgan’s Hong Kong Staff Can Be Paid Up To $5,000 For Hotel Quarantine

By John F. Heerdink, Jr.

As per reports, JPMorgan Chase & Co (JPM) to pay some of its Hong Kong-based staff up to $5,000 each for their hotel quarantine stay. As per the company memo, employees at the executive director level and below would be entitled to the one-off payment for a single quarantine stay in Hong Kong. The initiative will run from December 1, 2021, to November 2022 and will be eligible for staff returning from visiting family overseas.

Hong Kong’s current rules mandates returning residents and visitors from most countries to mandatory two to three weeks of self-paid stay in hotel quarantine.

JPMorgan Chase & Co (JPM) is a global financial service leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and commercial banking. To learn more about JPMorgan Chase & Co. (JPM) and to continue to track its progress please visit the Vista Partners JPMorgan Chase & Co. Coverage Page.


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(Read Original Story: JPMorgan grants Hong Kong staff up to $5,000 for hotel quarantine in Reuters)


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