JPMorgan to Reimburse $5,000 to H.K. Bankers for Quarantine
- Program applies to quarantine between Dec. 1 and Nov. 30, 2022
- JPM CEO Jamie Dimon was exempted from quarantine last week
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JPMorgan Chase & Co. is offering to reimburse Hong Kong employees up to $5,000 to compensate for their quarantine stay as the financial hub sticks to its zero-Covid policy.
All Hong Kong-based employees who are executive directors and below may claim the amount for a single quarantine stay for personal trips to visit immediate family members, which includes spouses, domestic partners, children, parents and grandparents, according to an internal memo. A Hong Kong-based spokeswoman confirmed the content.