Walgreens offers $75,000 bonus to tackle pharmacist shortage: report

Maybe you heard that a labor shortage is happening?

If it wasn’t clear more than two years after the pandemic that there weren’t enough workers, Walgreens confirmed the magnitude of the problem by offering new pharmacists up to $75,000 in bonuses — just as a signing bonus.

The shortage of pharmacists is very real.

Walgreens confirmed to Fortune that select markets in all 50 states offer sign-on bonuses, but declined to confirm the size of those bonuses. $75,000 bonus first by Wall Street Journal followed by CNN.

“Signing bonuses currently being offered do vary and are part of a larger investment in recruitment and retention, as well as a recognition of the hard work and dedication of our current pharmacy staff,” a company spokesperson said in a statement. wealth“This is one of many steps toward addressing pharmacy staffing issues in certain regions to best serve the needs of our customers and patients.”

The bonus involves a stipulation that, once hired, a pharmacist must work for a certain period of time. Wall Street Journal.

According to the U.S. Bureau of Labor Statistics (BLS), as of 2021, the average salary for a pharmacist in the United States is $128,570, with an estimated 322,200 jobs nationwide. Become a Walgreens Pharmacist, company request The applicant has an accredited bachelor’s degree or higher in pharmacy, is licensed as a pharmacist, has experience filling prescriptions, and is certified to administer vaccinations.

The number of pharmacists is expected to decrease by 2% over the next decade, According to the Bureau of Labor Statisticsshowing that today’s shortages won’t be solved by bonuses alone.

Walgreens’ bonuses for pharmacists are just one aspect of a larger, robust labor market, Many employers give biggest pay rise in decades. and there is no sure sign that it will cool down any time soon.

In the past year, there has been a marked shortage in the labor market, First in Food Service and Hospitality out of the pandemic, then between nurses, teachers and other school staff, truck driver, pilot, and more.Thousands of swimming pools across the U.S. can’t open or have to have limited hours this summer because there aren’t enough lifeguards to staff them.

Last week, the BLS releases latest jobs reportshowing the U.S. economy added 528,000 jobs in July, beat analyst expectations And quell fears of a looming recession. The report also showed that the unemployment rate fell to a record 3.5%.

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