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The Companies That Will Cover Travel Expenses for Employee Abortions
Warner Brothers said it would cover travel expenses for abortions. “In light of the Supreme Court’s recent decision, we immediately expanded our health care benefits options to cover transportation expenses for employees and their covered family members who need to travel to access abortion and reproductive care,” said a company spokesperson. Disney said it would […]
Know MoreAs Offices Ease Covid Safety Measures, Workers Worry
Wall Street has been quick to shift its Covid-19 protocols after New York State dropped its indoor mask mandate last month. At JPMorgan Chase, masks are now voluntary for vaccinated and unvaccinated employees, and the firm will discontinue mandatory Covid testing as well as the reporting of Covid infections by April 4. At Morgan Stanley, […]
Know MoreWall Street Fights to Keep Talent, but Money Isn’t Always Enough
It didn’t matter that Citigroup paid Amy Wu Stratton $450,000 in 2021 — her most lucrative year ever — to work with some of its biggest private equity clients. It didn’t even matter that she was on track for a promotion that could double her pay. After almost 16 years in banking, she was ready […]
Know MoreOffices Close and Holiday Parties Fade as Omicron Brings New Concerns
As employers weigh vaccine guidelines and adjust their office returns, they also face a more immediate challenge: How will they celebrate the holidays as Omicron spreads? After a year of email and Slack correspondence, corporate teams had been eagerly anticipating holiday parties. But as New York City’s new Covid cases rose significantly after party invitations […]
Know MoreWall Street Warms Up, Grudgingly, to Remote Work, Unthinkable Before Covid
In private, many senior bank executives tasked with raising attendance among their direct reports expressed irritation. They said it was unfair for highly paid employees to keep working from home while others — like bank tellers or building workers — dutifully come in every day. Salaries at investment banks in the New York area averaged […]
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