Australia markets close in 10 minutes
  • ALL ORDS

    7,571.50
    +33.60 (+0.45%)
     
  • ASX 200

    7,281.70
    +33.50 (+0.46%)
     
  • AUD/USD

    0.7268
    +0.0013 (+0.17%)
     
  • OIL

    70.90
    +0.61 (+0.87%)
     
  • GOLD

    1,763.30
    -0.50 (-0.03%)
     
  • BTC-AUD

    58,570.30
    -4,776.13 (-7.54%)
     
  • CMC Crypto 200

    1,063.34
    -71.04 (-6.26%)
     
  • AUD/EUR

    0.6192
    +0.0011 (+0.18%)
     
  • AUD/NZD

    1.0350
    +0.0032 (+0.31%)
     
  • NZX 50

    13,176.94
    -1.64 (-0.01%)
     
  • NASDAQ

    15,012.19
    -321.29 (-2.10%)
     
  • FTSE

    6,903.91
    -59.73 (-0.86%)
     
  • Dow Jones

    33,970.47
    -614.41 (-1.78%)
     
  • DAX

    15,132.06
    -358.11 (-2.31%)
     
  • Hang Seng

    24,000.03
    -99.11 (-0.41%)
     
  • NIKKEI 225

    29,957.70
    -542.35 (-1.78%)
     

$200 for 25,000 Aussies that get the vaccine

·2-min read
Image of Telstra CEO Andy Penn, vaccine, $100 cash
Telstra CEO Andy Penn has announced $200 incentives for employees who get vaccinated. (Source: Getty)

Telstra has announced it is offering a $200 incentive to its 25,000-strong workforce who get fully vaccinated from COVID-19.

In an email circulated to staff on Monday, Telstra chief Andy Penn said the telecommunications giant had an “important nation-building role to play”.

“The quicker we are vaccinated, the quicker we are safer and stronger economically,” Penn wrote.

“That is why we have decided to reward our employees, starting in Australia, who get fully vaccinated with 200 Appreciate points (the equivalent of A$200), so you in turn can reward yourself for taking this step.”

Read more:

The reward is “voluntary”, he added, and will also be backpaid so people who have already been vaccinated can also receive the incentive.

‘Appreciate’ points are part of Telstra’s internal reward and recognition system, where accumulated points can go towards purchasing items or redeeming gift cards.

The incentive will also eventually be rolled out to Telstra’s international teams “where we are able to do so,” Penn added.

Taking into account that some have not yet been able to secure an appointment for their preferred vaccine, the incentive program will last until the end of the year (31 December).

“Never has it been a more important time for us to come together, to take action and show care for the country, each other and communities in which we live and work,” said Penn.

Telstra chief executive officer Andrew Penn takes part in a panel discussion at the Mobile World Congress (MWC) in Barcelona on February 27, 2019. - Phone makers will focus on foldable screens and the introduction of blazing fast 5G wireless networks at the world's biggest mobile fair as they try to reverse a decline in sales of smartphones. (Photo by Pau Barrena / AFP)        (Photo credit should read PAU BARRENA/AFP via Getty Images)
Telstra chief executive officer Andrew Penn. (Photo credit should read PAU BARRENA/AFP via Getty Images)

What are other Aussie companies doing?

The move from the telco giant makes it one of the first to offer an incentive, rather than a punishment, for getting vaccinated.

Automotive parts company Bapcor is offering workers $100 gift cards, while Virgin staff will be able to claim free tickets, frequent flyer points and business class flights.

Meanwhile, major bank NAB has promised to match the vaccination of each employee by donating a vaccine to someone in Fiji or Papua New Guinea through UNICEF’s ‘Give the World a Shot’ platform.

Fruit and vegetable processor SPC was criticised for its ‘no jab, no job’ policy, announcing that staff who had not been vaccinated or scheduled their COVID-19 vaccine would be barred from entering the workplace.

Many Australian companies are offering workers paid leave to get vaccinated, including Fujitsu and Qantas, though the airline was slammed by the transport union for not covering its contracted staff, something Fujitsu is doing.

Banking giants Commonwealth Bank and Westpac have joined the vaccine rollout, starting with employees working in COVID-19 hotspots, while Woolworths and Coles have secured priority access to the Pfizer vaccine for its frontline workers.

Follow Yahoo Finance on Facebook, LinkedIn, Instagram and Twitter, and subscribe to the free Fully Briefed daily newsletter.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting