A sign outside JP Morgan Chase & Co. offices is seen in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid/File Photois offering to pay some of its Hong Kong-based staff up to $5,000 each for their hotel quarantine stay for personal trips, a memo from the Wall Street bank to employees seen by Reuters showed.
The program will run from December 1 to November 2022 and is for staff returning from visiting immediate family members overseas, the memo said. A JPMorgan spokesperson confirmed the contents of the memo, which was first reported by the South China Morning Post on Monday. The Chinese-ruled city has registered barely any new infections in recent months but the government is keeping strict rules in place and closed borders.
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