Companies across the world are in an unenviable situation when it comes to vaccinations and their workforce.
Do they insist that all employees get inoculated and risk losing people who adamantly refuse – or do they leave it up to personal choice and risk localised outbreaks and any subsequent business fallout?
It’s a topic that we have already covered in International Adviser.
Back at the start of June, we asked if financial advisers should be required to be vaccinated if they meet with clients.
Needless to say, the responses of those quoted in the article were mixed. As were the responses in the comments section.
Mixed response
But a recent article from the BBC highlights the different approaches some giant US corporations are taking.
Microsoft and Google are mandating vaccinations, while Amazon and Apple currently have no policy.
Blackrock has refused to allow unvaccinated employees enter its US offices since July.
But investment powerhouse Vanguard has taken a different approach.
It is offering workers in the US $1,000 (£719, €843) is they accept a shot in the arm.
Staff have until October to prove they have been immunised, even if they had their vaccines before the incentive was offered.
Each company will ultimately have to make the best decision it can, assess the cost/benefit analysis of each approach and determine which option will have the least impact on its ability to function, turn a profit and avoid bad PR.
Only time will tell who called it right.
