Updated: July 06, 2021 05:40 PM
Created: July 06, 2021 03:01 PM
Cleveland-Cliffs has launched their vaccine incentive program. According to CEO Lourenco Goncalves, it's the most generous introduced in the country and the world.
According to the company, if they can get 75-84.9% of the people vaccinated at a facility, vaccinated employees will receive $1500. If the threshold goes higher, 85% or more, the vaccinated employees could get $3,000 each.
Goncalves said if the sites don't reach the 75% threshold, they will be, "extremely disappointed and frustrated." But each vaccinated employee will still get $200 for doing their part.
Cliffs owns and operates Minorca, Hibtac, Utac, and Northshore.
This incentive program ends on August 21st. Employees must show proof of full vaccination by that date. The company said participation is voluntary.
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