Walgreens Raises Minimum Wage , to $15 an Hour.
On Aug.
31, the pharmacy store chain became the latest major company to increase its starting pay in an attempt to attract new workers.
According to a company statement, the increase will be implemented in phases beginning in October.
It will be in full effect by November 2022.
Walgreens Boots Alliance CEO Roz Brewer said company leaders view the pay increase as an essential investment.
I am extremely proud and grateful of the work our team members are doing across our 9,000 Walgreens locations serving our customers, patients and communities each and every day, Roz Brewer, Walgreens Boots Alliance CEO, via statement.
Investing in and rewarding our team members is not only the right thing to do, it’s highly important to retaining and attracting a talented workforce, and to continuing to serve our critical role in community health care, Roz Brewer, Walgreens Boots Alliance CEO, via statement.
To cover the wage increase, Walgreens expects to spend $450 million over the next three years in addition to "partially absorb[ing] the investment through the normal course of business.".
Other companies that have recently announced wage increases include Chipotle, McDonald's, Costco, Bank of America, Southwest Airlines and more.
Other companies that have recently announced wage increases include Chipotle, McDonald's, Costco, Bank of America, Southwest Airlines and more.
Other companies that have recently announced wage increases include Chipotle, McDonald's, Costco, Bank of America, Southwest Airlines and more.
Other companies that have recently announced wage increases include Chipotle, McDonald's, Costco, Bank of America, Southwest Airlines and more.
Other companies that have recently announced wage increases include Chipotle, McDonald's, Costco, Bank of America, Southwest Airlines and more.
Other companies that have recently announced wage increases include Chipotle, McDonald's, Costco, Bank of America, Southwest Airlines and more
