Why executives should weigh the pros and cons before paying workers to get Covid shots:
He noted that offering incentives for vaccination in the workplace is a delicate subject. “On one hand, business owners are eager for a return to the office, a return to normalcy—whatever that may look like at this point. So it makes sense to incentivize vaccination, the one course of action employees can take to help make this return as safe as possible for all.
“But on the other hand, employees' vaccination records are their personal health information, and we need to respect that. I never want to create a culture where my employees feel pressured to share personal information they're uncomfortable sharing. Out of this thought process was born my approach—I'm offering a $500 bonus to each employee who submits proof of vaccination.
According to Bair, “While not all business owners may be able to offer $500 to every employee, it's important to focus more on the essence of this approach. Know your employees and find what it is that's important to them and within your means to offer as an incentive.”