NongHyup Financial, Up to 3 Days Paid Leave Over 3 Days... Financial Sector Accelerates 'Vaccine Leave' (Comprehensive)
Accelerating in Step with Government Recommendations
Positive Outlook Even in Areas Yet to Adopt
[Asia Economy Reporter Kiho Sung] The financial sector is accelerating the introduction of COVID-19 vaccine leave. This is because the government is recommending self-sick leave or paid leave for office workers receiving vaccinations in the second half of this year. Additionally, due to the nature of jobs that often involve customer interaction, the number of COVID-19 vaccine leave cases in the financial sector is expected to increase.
According to the financial sector on the 28th, NH Nonghyup Financial decided to provide up to 3 days of paid vaccine leave, including the vaccination day. Regardless of any adverse reactions to the vaccine, employees can take paid leave on the day of vaccination and the following day, totaling 2 days. If there are adverse reactions, they can take an additional day off without submitting separate documents. This paid vaccine leave was jointly decided by the eight major corporations, including Nonghyup Central Association.
Among financial holding companies, Woori Financial Group and KB Financial Group have already introduced paid vaccine leave. Woori Financial Group allows up to 3 days off. Paid leave can be used on the vaccination day, and if there are adverse reactions, employees can take two more days off without submitting separate documents. KB Kookmin Bank allows paid vaccine leave on the vaccination day and the following day, and if there are adverse reactions, an additional day off can be taken. Other financial holding companies are also positive about introducing such leave. Shinhan Financial Group plans to follow the results of labor-management consultations at Shinhan Bank, and Hana Financial Group is currently reviewing internally.
In internet banks, KakaoBank has been providing paid vaccine leave since the day before vaccination, and K Bank is conducting internal discussions to introduce paid vaccine leave. Since its parent company KT decided on the 20th to introduce vaccine leave for up to 3 days, there is a high possibility of a positive outcome.
Among big tech companies, Naver Financial is providing paid vaccine leave following Naver's decision. Kakao Pay is also positively reviewing the introduction. Toss is effectively providing vaccine leave. A Toss representative explained, "Since we currently have unlimited leave, employees can use this leave." Toss's unlimited leave only requires notifying the schedule on the mobile bulletin board without supervisor approval. Additionally, among card companies, KB Kookmin Card, Samsung Card, Woori Card, and Hyundai Card have introduced vaccine leave.
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The financial sector expects vaccine leave to spread throughout the industry. A financial sector official explained, "Due to the nature of the work, including call centers, there are many cases of customer interaction," adding, "Most financial companies are trying to introduce it as much as possible to reduce customers' anxiety."
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