CVS is reporting that they plan to raise their minimum wage to $15 an hour by next summer.
The announcement was made on Wednesday stating, that the wage hike will be made across it’s 300,000 stores and will take place beginning in July of next year.
The pharmacy giant also reports that it will increase starting rates for positions such as pharmacy technicians and call center representatives who already make above $15.
Many companies have been struggling to attract new workers after the pandemic and CVS says it will do all that it can to attract new talent:
“Attracting and retaining top talent across our businesses is critical as we continue to redefine what it means to meet people’s health needs,” CVS CEO Karen Lynch said Wednesday.
CVS also said that they recently eliminated their high school diploma or GED requirement for most of their entry-level jobs and that they plan to eliminate the GPA requirement for university recruitment to expand their labor pool.