Nuvei ready to donate US$4,000 to its American employees

Nuvei ready to donate US$4,000 to its American employees


While the right to abortion has just taken off in the United States, the Quebec company Nuvei is offering its American employees to pay up to 4,000 US dollars to help them change their 'state or to do so when needed.

Like Amazon, Apple, and Disney, payment tech Nuvei has refused to sit idly by on the access file. abortion in the United States. 

Nikki Zinman

Its CEO, Philip Fayer, announced it publicly. Its head of human resources, Nikki Zinman, yesterday explained its intentions to the Journal.

To go to another state

“They [employees] are offered up to $4,000 in reimbursement costs to go to the nearest place where care is legally available,” she explained.

  We are not going into the political debate. It's a very personal and sensitive subject, but we want the team to have access to health care,” said the senior executive of Nuvei, which is worth $7.2 billion on the stock market.

Basically, the techno firm does not pay the bill for the abortion, but rather the travel costs of its employees, who must change states to do so.

Utah, South Dakota, Oklahoma , Missouri, Arkansas, Louisiana, Alabama, Kentucky, Wisconsin… nine states had already banned abortion yesterday noon, three days after the Supreme Court overturned the Roe v. Wade precedent.

The Shareholder Fund

Nuvei has its head office in Montreal. It has some 1,570 employees, including 250 in the country and 270 in the United States.

The Caisse de depot et placement du Québec (CDPQ) has an investment of between 1 and 1.5 billion dollars in Nuvei.

“The CDPQ supports the preservation of acquired fundamental rights of women and of any person “, declared yesterday its spokesperson, Maxime Chagnon.

” “We will not comment individually on the operations or the specific decisions of our portfolio companies, but we support any their initiative to protect these rights,” he added.

For Yan Cimon, professor of strategy at Laval University, it goes without saying that companies attach importance to their employees.

“It is normal that in 2022 companies take measures to promote women's health”, he analyzed.

“It may seem simple from Canada, but it's a hot potato

. These companies have courage,” said Yanik Deschenes, president of YPR.

Yesterday, the mayor of Montreal, Valérie Plante, warned that we should be prepared to welcome American women who want to protect themselves from this right.

For his part, the mayor of Quebec, Bruno Marchand, said he feared the “coucous ” antichoices who might feel justified in using violence.

  • In recent days, AFP reported that the American company Lyft was ready to pay the costs of its drivers sued in justice for driving a woman interstate for an abortion.