Manulife has announced a new well-being initiative for its employees.
Starting September 10, the firm will dedicate the second Friday of each month through the end of the year for its “Fuel Up Fridays” initiative – a morning of “collective learning,” followed by an afternoon off in support of physical and mental health.
In addition, Manulife said that it is giving its employees five additional personal days to use during 2022.
In a statement, the firm said the move is in appreciation of all the hard work employees have done in “helping people make decisions easier and lives better.”
“Our team has shown incredible stamina as we continue to navigate the global pandemic, supporting our customers, our communities, and each other,” said Roy Gori, chief executive officer of Manulife. “We know that many different factors contribute to our physical and mental well-being, and that's why we'll continue to take a holistic approach focused on fueling our creativity through learning and fueling our resilience through rest.”
Manulife had more than 37,000 employees and over 118,000 agents at the end of 2020. And as of June 30, 2021, the firm had $1.3 trillion in assets under management and administration, and in the previous 12 months had made $31.3 billion in payments to their customers.