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Walgreens & CVS Update Paid COVID -19 Sick Leave Policy For Employees In Alignment With CDC Guidance – $WBA $CVS

By John F. Heerdink, Jr.

Reportedly, Walgreen Boots Alliance (WBA) and CVS Health Corp (CVS) have cut paid sick leave for workers who test positive for COVID-19 in line with a change in U.S. health guidance. Recently, the board of U.S. Centers for Disease Control and Prevention updated guidelines that Covid infected people should isolate for five days instead of 10, after the infection.

Walgreens to provide COVID-19 paid leave benefits for five days to workers and after Feb. 23 the retailer will continue to provide the same benefit for five days to those who are fully vaccinated and test positive for COVID-19.

Both Walgreens Boots Alliance and CVS Health Corp offered up to two weeks of paid leave earlier. The retailer further added that unvaccinated workers, who have an approved medical or religious exemption, will also continue to be eligible for the paid leave benefit. Last week, Walmart also said workers in the United States will receive one week of paid leave instead of two if in need of isolation or have tested positive for COVID-19.

Walgreen Boots Alliance (WBA) is a pharmacy-led, health and well-being enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. To learn more about Walgreen Boots Alliance (WBA) and to continue to track its progress please visit the Vista Partners Walgreens Boots Alliance Page.

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Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Walgreens, CVS cut paid sick leave for workers in line with CDC guidance in Reuters)


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