Morgan Stanley Requires Employees to Get Vaccinated Before Going to the Office

Unvaccinated employees will work remotely, a person familiar with the matter said. At a conference last week, Chief Executive

James Gorman

said that well over 90% of employees in its offices had been vaccinated.

Companies are pressuring employees to get vaccinated before their offices fully reopen, but few have gone so far as to require it. The Equal Employment Opportunity Commission last month said U.S. employers can require staffers entering a workplace to be vaccinated against Covid-19, although they must accommodate those who are unvaccinated for disability or religious reasons.

Getting workers vaccinated is especially important to Wall Street firms eager to end the work-from-home era.

Goldman Sachs Group Inc.,

which has brought thousands of employees back to its Manhattan headquarters, is requiring U.S. employees to disclose whether they have received a Covid-19 vaccine.

Wells Fargo

& Co. has asked employees to voluntarily register their vaccination status. Employees are expected to return to the bank’s offices after Labor Day.

Mr. Gorman said he expects a small percentage of Morgan Stanley staffers to eschew vaccines for health or religious reasons. “We’ll deal with that when we get there,” he said at the conference. “Right now, I’m focused on the 98%, not the 1% or 2%.”