Stock Market Cafe
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Stock Market Cafe
No Result
View All Result
Home Trading News

Walmart cuts paid Covid leave in half, as CDC isolation guidance changes

by
January 5, 2022
in Trading News
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify

Ford’s EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units

In this article

WMT

An employee scans grocery items for pickup order at a Walmart Inc. store in Burbank, California, U.S., on Tuesday, Nov. 26, 2019.
Patrick T. Fallon | Bloomberg | Getty Images

Walmart is cutting pandemic-related paid leave in half — from two weeks to one week — after the Centers for Disease Control and Prevention cut isolation requirements last week for asymptomatic people with Covid and shortened the time that close contacts need to quarantine.

The big-box retailer, which is the country’s largest private employer, announced the policy change in a memo sent to employees on Tuesday, which was obtained on Wednesday by CNBC.

In the memo, the big-box retailer said that through March 31 it will provide paid time off for employees who are mandated to quarantine by a health care provider, government or Walmart or if they fail a health screening or test positive for Covid. It said employees who qualify will be paid for one week.

A Walmart spokesperson said employees qualify for the paid leave regardless of vaccination status.

Walmart is also asking corporate employees to continue to primarily work from home until Jan. 30, even though offices would remain open, the spokesperson said. The company had previously asked workers to work virtually until Monday.

Walmart is one of the first companies to announce changes in the wake of the CDC’s revised guidance — and its move could prompt others to revise paid leave policies, too. Last week, U.S. health officials said they would reduce the length of required isolation and quarantine to align with growing evidence that people are most infectious in the two days before and three days after symptoms develop. The federal agency’s announcement came as many industries, including hospitals and airlines, struggled to keep operations going amid a surge in Covid-19 cases among staff.

Walmart and other retailers are navigating that complex backdrop — and a variety of challenges, including having more employees out sick or scrambling for child care as schools shift back to remote learning or shorten school days. That has exacerbated staffing shortages at some retailers and restaurants, inspiring shortened hours or temporary closures.

Walmart temporarily shut nearly 60 U.S. stores last month, which were located in coronavirus hotspots. Macy’s said this week that it would reduce hours this month across all of its stores for the rest of January. And others, including Apple and Starbucks, shuttered some locations.

The big-box retailer recently reinstated a mask requirement for all employees, regardless of vaccination status. It had dropped the requirement in May, saying fully vaccinated workers and customers no longer had to wear masks.

Starting Dec. 19, Walmart announced all employees must wear masks at all company facilities until further notice.

ShareTweetPin

Related Posts

Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify

by
March 23, 2023
0

In this article SBNYSIVB Follow your favorite stocksCREATE FREE ACCOUNT U.S. Sen. Sherrod Brown (D-OH) speaks to members of the...

Ford’s EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units

by
March 23, 2023
0

In this article F Follow your favorite stocksCREATE FREE ACCOUNT The badge of a Ford Motor Co. E-Transit electric vehicle...

Retirement vs. emergency savings: How to prioritize in a shaky economy

by
March 23, 2023
0

Jamie Grill | Getty Images When you're on a tight budget, It can be tough to decide between contributing to...

These beaten-down bank stocks have strong deposit bases and are well liked by analysts

by
March 23, 2023
0

Bank stocks have been pummeled in recent weeks amid the ongoing crisis centered around regional banks -- but Wall Street...

Request for Bragg’s testimony on Trump probe is ‘unprecedented,’ Manhattan DA’s office tells GOP

by
March 23, 2023
0

District Attorney Alvin Bragg arrives at the office of District Attorney, after a message was posted on the Truth Social...

Next Post

Dow drops nearly 400 points in first loss of 2022, as traders brace for a more aggressive Fed

Hedge fund Senvest posts 85% return in 2021 riding GameStop meme, among Wall Street's best

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Crocs sees fourth-quarter sales up 42%, CEO Andrew Rees says 2021 was ‘exceptional year’

    0 shares
    Share 0 Tweet 0
  • Biden didn’t accept Putin’s ‘red lines’ on Ukraine – here’s what that means

    0 shares
    Share 0 Tweet 0
  • The states that won’t tax military retirement in 2022

    0 shares
    Share 0 Tweet 0
  • Buying a car from the factory sounds expensive, but it can actually save you money. Here’s how to do it.

    0 shares
    Share 0 Tweet 0
  • Roth TSP vs. Roth IRA: How Do They Compare?

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.stockmarket-cafe.com
No Result
View All Result
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy

All rights reserved by www.stockmarket-cafe.com