My company just announced they are offering up to a $1000 bonus to all vaccinated employees.

[GregariousGroundhog]

My company just announced they are offering up to a $1000 bonus to all vaccinated employees. The catch is that the bonus will be paid in January if at least 90% of the company is vaccinated against COVID as of December 31. If between 80% and 90% of the company is vaccinated, the bonus is $600 for each vaccinated employee. If the percentage vaccinated is less than 80%, no one gets anything.

I imagine peer pressure is going to be a powerful thing.

[Beachnutt]

1. I love your company...

[BlueIdaho]

2. Smart, Smart, Smart!

I’ll bet their insurance company is thrilled.

[Shermann]

12. Really insurance companies should be driving this

They give a break on premiums if you hit the 90%, and the employer passes on the savings.

That way, the employer can point to the insurance company. The optics are much better.

[MichMan]

21. Or just fire anyone who refuses and keep all the money

[fescuerescue]

24. That's illegal.

You can't charge a different premium based on health status.

That's a key part of the ACA law.

[Shermann]

25. The group rates that companies pay are negotiable

My company just renegotiated, so this is a fact. I don't know how that squares with the ACA.

[GregariousGroundhog]

31. Companies can provide wellness incentives though

When a wellness program is tied to a companies insurance plan, the company may provide a wellness incentive of up to 30% of the health plan's total cost. Health-contingent wellness programs have more regulations in place than ones that only require you to participate to achieve the incentive. One of the requirements is that there must be a reasonable alternative if someone does not meet a health standard; for example, an alternative standard for having high cholesterol may be to attend a one hour health coaching session that gives advice on how to lower cholesterol.

As for my company's bonus, it isn't tied to any one person's health; it's tied to the overall vaccination percentage of the entire company. As long as they have a reasonable standard for claiming religious or health exceptions, it is probably arm's length enough to avoid running afoul of any regulations.

[BlueIdaho]

32. Like I said, Smart, Smart, Smart...

[spooky3]

3. very interesting idea! Please let us know how it works out. nt

[ClimateHawk]

4. Wow! Sounds like a good company to work for.

The company I work for gave a $200 bonus to vaccinated employees. All we had to do was show our vaccine card to the HR. No catch. I like my company but you can't beat a $1000 bonus.

[maxsolomon]

5. Are they going to point out the slackers to the vaccinated?

If not, then it could be incredibly divisive.

[LiberalFighter]

11. Company can't identify the slackers under HIPAA.

[maxsolomon]

14. so how to employees apply peer pressure?

see what I'm saying?

[Mr.Bill]

18. Is the company a health care organization? n/t

[Slammer]

16. pressure

I'd imagine this would motivate unvaccinated people to behave as if they were vaccinated and not wear masks or take any precautions so they could avoid peer pressure from people telling them to go get vaccinated.

[maxsolomon]

17. they'll just "Aaron Rodgers" it?

that would be unethical, though. Unvaccinated people would never be unethical!

[Slammer]

19. Inconceivable! n/t

[BlueIdaho]

33. They may lie to their pals

But lying to the company probably violates their terms of employment.

[FakeNoose]

6. Great idea - and I hope it works

Just imagine how depressed the anti-vaxxers will feel, once they realize they missed out on the bonus.

[viva la]

7. That's great that they're also rewarding already vaxxed employees.

Mine just started offering $100 to those who get it done NOW.
I mean, I didn't intend to get paid-- did it for the safety-- but that made me grumble-- they've been endangering coworkers and clients for months now, and they get rewarded for waiting.

But, oh, well. Your company sounds smart and fair.

[Demovictory9]

8. wow... crafty!!

[MichMan]

9. So, they can just refuse the bonus and continue working ?

[gldstwmn]

13. What a great idea.

[Dorian Gray]

15. Wow

People who aren't vaccinating are going to have people MAD AT THEM!

[Texaswitchy]

20. Smart

Money talks

[Evolve Dammit]

22. Cash inducements are powerful. We all need cash. Well, most of us. n/t

[liberalla]

23. Wow, I like the way management is thinking and getting creative. How big is the company?

[GregariousGroundhog]

28. A couple thousand people.

[BobTheSubgenius]

26. Yup. Peer pressure is exactly what the company is stoking up.

[paleotn]

27. Interesting....

My company gave us until Oct. 15 to disclose vax status. After that, you're either vaxxed or subject to weekly testing if on site. if you don't like it, they're are other opportunities for you elsewhere.

[hurl]

29. Very cool

My employer, a First Nation, offered a $300 bonus to anyone who provides proof of vaccination. Glad to see incentives proliferate.

[BluesRunTheGame]

30. My company pays $50 for proof of vax and does a weekly $1000.00 drawing.

Couple of weeks ago I was one of the winners!