Goldman Sachs Group Inc. is rolling out a reimbursement plan to help compensate its employees in the Asia-Pacific for costs incurred from hotel quarantine stays as Hong Kong’s strict Covid-Zero strategy makes it harder for global banks to retain top talent in the region.
Goldman staff in the region will be able to claim a one-time subsidy of up to $5,000 to cover costs from a mandatory quarantine stay effective Dec. 1, according to a memo seen by Bloomberg. A Hong Kong-based spokeswoman confirmed the content of the memo. The subsidy is in recognition that staff in the Asia-Pacific