Retail News

Walgreens announces hike to $15 per hour, following CVS’s lead

Reuters 08/31/2021

In efforts to attract more workers in a tight labor market — and in response to a similar decision by chief rival, CVS — Walgreens said it will increase its minimum pay for all workers to $15 per hour. The action will begin taking effect in October and will reportedly be rolled out over about a one-year period. CVS has committed to fully instituting its $15 per hour minimum by July of 2022.

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