Walgreens' starting wage for hourly team members is at least $10 per hour, with about half of the total 190,000 workers currently earning at least $15 an hour, a company spokesperson told Reuters. Drugstore chain Walgreens to raise minimum hourly wage for - Nasdaq Walgreens announced Tuesday that it will raise its minimum wage to $15 an hour, following CVS Health's pay increase announced earlier this month. (Reuters) -Walgreens Boots Alliance Inc said on Tuesday it would raise the minimum wage of all its staff to $15 an hour from October, as the drugstore chain joins . In June, Chipotle said it had raised menu prices by about 4 percent to make up for the increase in wages, though company executives said at the time that they had no additional plans to increase consumer prices any further. Currently, nearly half of Walgreens' hourly employees earn at least $15 dollars an hour, and the retailer's minimum wage varies by market area but is at least $10 per hour, according to a. The changes will take effect in phases beginning in October. Opinions are our own, but compensation and in-depth research determine where and how companies may appear. Chipotle announced in May that new starting wages for hourly crew members would range from $11 to $18 an hour, and also unveiled plans to hire 20,000 new employees across the U.S. to accommodate its peak season and staff and the estimated 200 restaurants it plans to open this year.. Walgreens announced Tuesday that it will raise its minimum wage to $15 an hour, following CVS Health's pay increase announced earlier this month. This is your daily guide to all things personal finance.Sign UpBy clicking "Sign Up" I agree to receive newsletters and promotions from Money and its partners. as well as other partner offers and accept our. However, even if the average is boosted to $15, many employees will still be paid below that threshold. We counsel a wide spectrum of clients including small, mid-sized, and large companies, 401(k) investment advisors, health insurance brokers, accountants, attorneys, and HR consultants, just to name a few. NewsletterDaily MoneyEvery day we publish the latest news, stories, and content on the financial topics that matter. Walgreens is raising its minimum hourly wage to $15 amid the labor shortage. For the past five decades, the average worker's wage has not kept up with the country's increased cost of living, Insider's Ben Winck and Andy Kiersz reported in May. Walgreens to raise wages for hourly workers to $15 by November 2022 - CNBC
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