Vaccination no longer mandatory for Goldman Sachs staff

Starting September first week, the vaccination and masking requirements have been lifted by the Bank for most of its offices

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Goldman Sachs does not mandate vaccination against COVID-19 for its employees before entering its offices. Employees will not be required to be tested or to wear masks before entering the workplace, with effect from the first week of September 2022.

Till end of last year, it required anybody entering the office to produce proof of the booster vaccination shot and also mandated testing twice a week.

Now, the Bank has reportedly revised the policy and issued a memo to this effect. The Bank clearly feels that risk of severity has reduced considerably, and with the revised guidelines from the federal health authorities, the need for testing, masking and vaccination mandates does not seem necessary now.

The Centres for Disease Control and Prevention does not differentiate between people who are vaccinated and those who are not any more when it comes to the spread of the infection and risk of exposure.

The vaccination and masking requirements have, however, not been lifted for employees in New York City and Lima offices.

Employees at the New York City office, who have not been vaccinated yet, will still need to seek an approval for exemption on medical or religious grounds to enter the Bank’s offices.

While it is reported that the Bank will continue to trace contacts, it is considering ending the free distribution of antigen test kits to employees by the end of this year. If employees do wish to purchase test kits, they will be allowed to do so and will also be reimbursed for the same via the official medical insurance, if they apply.

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