First Capital Bank Malawi has made it clear that being fully vaccinated is the way to go for its employees.
According to Bloomberg, the bank is offering Christmas bonuses to fully vaccinated employees and warned those still holding out against Covid-19 inoculations risk missing out on annual bonuses next year.
More than half of the bank’s employees have already been fully vaccinated. They are requested to submit a copy of their vaccination cards to the human resources department by 15 December if they don’t want to risk missing out on their annual bonus.
CEO Jaco Viljoen said in a letter to staff that if they can provide proof of their vaccination cards by the deadline two weeks of basic pay will be added to their December salaries.
The letter states that “the annual performance bonuses are awarded at management’s discretion, and we also advise that, if the bonuses are approved by the board in March 2022, staff who don’t have proof of vaccination will not be eligible for bonus allocation”.
The African country has twice had to destroy stock of its vaccine doses because they expired. Only 1.41 million of the country’s entire population have opted to be vaccinated.
Image credit: Unicef