[Image source=Reuters Yonhap News]

[Image source=Reuters Yonhap News]

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[Asia Economy Reporter Kwon Jae-hee] Global asset management firm Vanguard is offering $1,000 (approximately 1.14 million KRW) in cash to employees who receive the COVID-19 vaccine to encourage vaccination.


According to Bloomberg on the 3rd (local time), Vanguard has decided to provide a $1,000 incentive to employees who get vaccinated against COVID-19 by October.


Employees who have already been vaccinated can also receive $1,000 upon proof of vaccination.


A Vanguard spokesperson explained, "This is a reward for taking the time to get vaccinated for the safety of the employees themselves, their colleagues, and the community."


Since the beginning of this year, Vanguard has implemented a so-called 'hybrid' work system, combining office and remote work.



Meanwhile, Vanguard's competitor BlackRock recently banned unvaccinated employees from coming to the office, and IT companies such as Microsoft (MS) have also taken measures to mandate employee vaccinations.


This content was produced with the assistance of AI translation services.

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