Bank CEO brings back employee 2-week ‘recharge period’ at the end of December

Bank CEO Revives Two-Week Recharge Period for Employees

The CEO of BNY Mellon announces a two-week recharge period for employees to focus on core activities and mental health support.

Business

Bank of New York Mellon, Robin Vince, Recharge Period, Mental Health, Employee Benefits, New York, USA

New York: The CEO of Bank of New York Mellon, Robin Vince, is bringing back a two-week recharge period for employees at the end of December. This initiative encourages staff to focus on essential business activities while taking a breather from the usual hustle.

Starting December 23, employees are urged to prioritize client needs and core tasks, putting off less urgent work until the New Year. Non-essential meetings and tasks will be on hold until January 3, allowing everyone to unwind a bit.

In a LinkedIn post, Vince shared his excitement about spending more time with family during this period. He mentioned missing the free Starbucks at the office but felt it was worth it to focus on what truly matters for clients and the company.

This recharge period was first introduced in December 2023, aiming to give employees more family time. It’s part of a broader effort to enhance employee benefits, including a planned wage increase for U.S. workers starting in March 2025.

Additionally, BNY has teamed up with Spring Health to provide better mental health services for employees and their families. The goal is to ensure that talent feels valued and enjoys a top-notch employee experience.

Image Credits and Reference: https://www.yahoo.com/news/finance/news/bank-ceo-says-employees-2-185028197.html