Follow us:
  1. Home
  2. News
  3. Finance News
  4. Employment

Employment News

CVS to raise minimum pay to $15 an hour by next summer

Like other retailers, the drugstore chain has been struggling to fill open positions

CVS has announced that it will raise its hourly minimum wage for workers from $11 to $15 over the course of the next year. The company said wage increases will start this month and starting hourly rates will hit the $15 mark by next July. 

The pay bump comes as companies struggle to attract workers as a result of pandemic-related factors. CVS noted that 65% of its hourly employees already make more than $15 an hour, but the pay increase should help it expand its workforc...

Not sure how to choose?

Get expert buying tips about Employment News delivered to your inbox.

    By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Unsubscribe at any time.

    Thank you, you have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.

    Recent Articles

    Sort by: