Financial incentives for COVID vaccines: Feds give employers green light
If you want to offer employees financial incentives to vaccinate themselves against COVID-19, go right ahead! It’s OK with the federal government.
The Equal Employment Opportunity Commission (EEOC) just released guidance that clears employers to incentivize their workforce to get the COVID vaccine.
Of course, this comes from the federal government here, it’s not so cut-and-dried. Check out the specifics so your company can stay in compliance.
Financial incentives can’t be ‘too large’
New EEOC technical assistance says that employers can toss out a carrot to their workers to receive the COVID shot.
But beware: Those incentives can’t be so large that they’d prompt employees to disclose medical info they wouldn’t be comfortable disclosing. That would violate the Americans with Disabilities Act.
Only trouble? The EEOC offered no guidance on what would make an incentive “too large.”
So tread carefully. We’ll update you if the EEOC releases additional clarification.
Free Training & Resources
White Papers
Provided by Anaplan
Further Reading
Got Stress? Of course, you do. You’re a finance leader — as well as a human being living in the 2026. Stress is kind of o...
When you break down your labor costs, it’s probably employee base pay that eats up the most money. Yet it’s an expense you can&...
When you look around your finance department, you probably see a group of people that hardly resembles the pool of co-workers you were a pa...
Ever feel like you can’t get out from under the work on your desk? Or is it more like the minute you cross off one thing on the to-do...
Hackers love attacking via email because of how easy it is to do. That’s why an ounce of email cyber security can prevent a ton of fr...
Know what all great leaders have in common? They’re great communicators. And that’s no different for finance pros. You le...