Source : https://www.benefitnews.com/list/companies-are-paying-employees-for-covid-19-vaccine
As the COVID-19 vaccine is made available to workers everywhere, employers are finding new ways to incentivize employees to get inoculated.
Trader Joe’s and Target are part of the most recent crop of businesses offering paid time off and flexible scheduling to motivate their staff to get vaccinated. The two most popular categories among employers considering incentives include PTO as well as cash and gifts, according to a survey by law firm Fisher Phillips.
As for the companies hesitating to follow suit, adhering to ADA guidelines is a top concern, the survey found. Out of 700 employers, 43% are unsure about whether to offer some form of incentive to those workers who receive the vaccine. Just 9% of employers plan to require vaccines, with the majority of organizations choosing to encourage vaccinations before employees return to work.
Despite doubt, data shows that compensation would greatly increase employees willingness to get vaccinated. One third of employees said they would complete the vaccination process for a $100 incentive or less, according to a study by Blackhawk Network.
“Incentives are powerful tools for driving desired behaviors,” Jeff Haughton, BlackHawk’s senior vice president of incentives, said in a release. “The key for businesses looking to increase vaccination rates and support public health will be ensuring they are offering incentives their target audiences find most valuable and attractive.”
Using incentives could also play a major role in driving vaccination rates up, the survey found. Half of respondents said it would encourage them to urge their family members to also get vaccinated.
Here’s a list of companies currently offering vaccine incentives: