JPMorgan is giving tellers, other ‘front-line’ employees dealing with coronavirus a $1,000 bonus

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Pedestrians walk past an american multinational investment bank and financial services holding company JPMorgan Chase Bank branch.

Alex Tsai | SOPA Images | Getty Images

JPMorgan Chase said it was giving bank tellers and other “front-line employees” a one-time bonus of up to $1,000 to help cushion the difficulties of working during the coronavirus pandemic. 

“Many of our front line employees in our branches, operations and call centers, and other key sites who continue to go into their office or branch each day face particular challenges related to issues like childcare and transportation,” the bank said in a Friday memo to employees.

“To help them meet these challenges and to recognize their ongoing commitment to our customers, clients and communities, we will make a one-time COVID-19 special payment equal to a maximum of US$1,000 (not to exceed 10% of salary/regular pay or fixed pay in certain countries).”

This story is developing. Please check back for updates.

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