JPMorgan Chase will give "front line" employees in its branches, operations, and call centers a $1,000 payment to help them during the coronavirus epidemic.
The bank told employees in an internal memo, shared with Business Insider, that full- or part-time employees who are required to work on site, and make less than $60,000 annually or are based in the bank's branches, will be eligible for the payment. "Many of our front line employees in our branches, operations and call centers, and other key sites who continue to go into their office or branch each day face particular challenges related to issues like childcare and transportation," the memo said. "To help them meet these challenges," Chase will issue a "one-time COVID-19 special payment equal to a maximum of US $1,000.
Chase said all employees are also being given up to five extra days of paid leave, and unused 2019 vacation days will be rolled over through June 2020. The additional days are "meant to help employees manage childcare/dependent care and temporary disruption of service issues during this difficult period." , but that employees who are asked to stay home would be paid for their regularly scheduled hours.
bkunalraj vrushabh_lodhe i dont have words to express my feelings. 😭😭😭
touching! god bless JPMorgan!
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