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Walgreens To Increase Pay Recognizing Critical Role Of Team Members In Service

By John F. Heerdink, Jr.

Reportedly, Walgreen Boots Alliance (WBA) announced to increase the hourly wage for all team members to $15.00 an hour. The implementation will come in phases starting this year in October and is expected to be fully in place by November 1, 2022.

During the pandemic, Walgreens has made additional investments to support and assist its team members, including bonus payments and a significant hiring initiative. The company added 25,000 full-time and part-time pharmacy team members, offering uninterrupted and seamless service to its customers.

“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. 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,” stated Roz Brewer, CEO, Walgreens Boots Alliance. 

Total investment to support the starting wage increase is anticipated to be approximately $450 million over the next three years, with one-third of the amount invested in Fiscal Year 2022.


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 Increases Starting Wage for Hourly Team Members in Business Wire)


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