Citigroup to Cover Travel Expenses for U.S. Staff Seeking Abortion
March 18, 2022
Citigroup Inc. is beginning to cowl journey prices for U.S.-based workers searching for an abortion as extra states go new abortion restrictions, in line with Bloomberg News.
The coverage covers sure bills, akin to airfare and lodging, for workers who should journey out of state to obtain an abortion.
“In response to modifications in reproductive healthcare legal guidelines in sure states within the U.S., starting in 2022 we offer journey advantages to facilitate entry to enough sources,” Citi wrote in a filing for its shareholders assembly set for April 26.
In Texas, Citigroup has greater than 8,500 workers, Bloomberg reported. Final yr, the state barred abortions after a fetal heartbeat is detected, which may happen round six weeks of being pregnant. Beneath the legislation, personal residents can sue anybody who “aids and abets” an abortion previous the cutoff date, together with docs, clinic employees and individuals who transport a pregnant particular person to and from an abortion clinic.
Earlier this week, the Idaho Home authorized a six-week abortion invoice modeled after the Texas legislation. The Idaho Senate authorized the laws earlier this month, and the invoice now heads to Gov. Brad Little to be signed. The legislation might take impact in April, in line with The Washington Post.
Citi joins a lot of firms which have supplied sources for workers in response to strict abortion legal guidelines, in line with Axios. Lyft and Uber have introduced that they may cowl authorized charges for drivers sued beneath the Texas legislation.
Match Group Inc., a Dallas-based firm that owns a few of the largest courting apps, stated it could create a fund to cowl prices for workers and dependents who want to hunt care outdoors of Texas, Bloomberg reported. Bumble, primarily based in Austin, has created an analogous fund.
Citigroup’s submitting additionally included updates about different well being and wellness applications. Starting in early 2020, the corporate expanded its paid parental go away coverage for workers to obtain 16 weeks of paid maternity go away or 4 weeks of paid parental go away.
Citi can be broadening its gender affirmation medical protection and incorporating the protection into its fundamental medical plan world wide.
To fight fatigue, the corporate has launched two completely different sabbatical applications that enable workers to recharge for 12 weeks or volunteer with a charitable establishment for as much as 4 weeks.
“Increasingly more firms are being pressured to take stands on points due to the calls for of some stakeholders that antagonize different stakeholders,” Witold Henisz, director the Political Danger Lab on the College of Pennsylvania’s Wharton Faculty of Enterprise, instructed Reuters.“Millennial employees and shoppers demand that firms take stands and look to CEOs particularly the place the federal government has didn’t act or taken a stand of which they disapprove,” he stated. “It will proceed to develop as a strategic problem for firms.”