Walgreens becomes newest member of the $15 an hour club
CBSN
Walgreens will start paying employees at least $15 an hour starting in October, becoming the latest major company to boost wages in a fiercely competitive job market.
About half of Walgreens' 190,000 employees already make at least $15 an hour and will not see their pay increased. The remaining half will see their pay boosted, the company said. The $15 increase, which applies to both full- and part-time workers, will be phased in and completed by November 2022. Walgreens' pay raise comes amid a shortage of workers in some industries as millions of Americans quit their jobs in search of higher wages or a better work-life balance. A U.S. Department of Labor survey estimated that 3.6 million people quit their job in June. The "Great Resignation" — as the phenomenon has been dubbed — is leaving millions of jobs unfilled and hiring managers scrambling to find workers.
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