Goldman Sachs Bankers Required to Declare Vaccination Status

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14 June 2021

Bankers at Goldman Sachs' US offices will be required to disclose whether they have had a COVID-19 vaccination, according to reports.

The staff memo seen by the Financial Times reads:

“Registering your vaccination status allows us to plan for a safer return to the office for all of our people as we continue to abide by local public health measures. While we strongly encourage you to receive a COVID-19 vaccine, we understand that the choice to get vaccinated is a personal one."

This measure is part of Goldman Sachs' plan to return staff to their offices imminently.

Although the investment bank encourages the uptake of the vaccine, it does not go as far as other firms operating a "no jab, no job" policy.

Are Banks Encouraging Employees Back to the Office?

At other Wall Street rival firms such as Morgan Stanley and JPMorgan, vaccination disclosure appears to remain voluntary.

JPMorgan's CEO stated in April his intentions to return staff to the office as soon as possible, openly declaring his disdain for Zoom meetings and the potential loss of the "character and culture" of a business.

Morgan Stanley has similar plans, and retains its 1.33 million-square-foot 1585 Broadway building, taking up 8,000 square feet of office space.

Returning to Office Life – Reducing Stress

Jack Kelly, Founder of WeCruitr told Forbes that such measures are a reasonable response to not only avoid legal liabilities but to help employee confidence:

"After more than a year at home, people are nervous about commuting back into a city that was once the hotspot and epicentre of the pandemic in the U.S. With a fully vaccinated workforce, it would reduce some of the stress for the returnees. Once the offices fill up, having a large percentage of the office staff vaccinated would go a long way toward alleviating tensions."

Picture: a photograph of several vials of COVID vaccines

Article written by Ella Tansley | Published 14 June 2021

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