Not sure if this is going to create a rush for people to leave on holiday... no hotels to come back to. But still ...good PR move. If nothing else, makes it expensive for other banks.
https://www.thestandard.com.hk/secti...ion/11/236333/JPMorgan Chase is offering to pay some of its Hong Kong-based staff up to HK$39,000 each for their hotel quarantine stay for personal trips, a memo from the Wall Street bank to employees showed.
The move, likely the first such announced by a financial institution in the city, comes as the Asian financial hub's Covid-19 measures, some of the strictest in the world, are said to hurt businesses.
It comes after Jamie Dimon, the bank's chief executive, visited Hong Kong last week for 32 hours after he was given a government exemption from quarantine.
The memo said staff at the executive director level and below would be entitled to the one-off payment for a single quarantine stay in Hong Kong.