How Much Does CVS Pay? A Comprehensive Guide to CVS Salaries and Benefits

CVS is one of the largest pharmacy chains in the United States. With more than 9,900 stores across the country, CVS provides a wide range of healthcare products and services to millions of customers every day. However, for those considering a career at CVS, salary and benefits can be a major concern. How much does CVS pay its employees? What kind of benefits do they offer? These are important questions that potential employees need answers to before applying for a job. In this article, we will provide a comprehensive guide to CVS salaries and benefits, so you can make an informed decision about your future career at CVS.

Introduction

CVS is one of the largest retail pharmacy chains in the United States, with over 9,900 stores across the country. With a workforce of nearly 300,000 employees, CVS is a major employer in the healthcare industry. If you are considering a career at CVS, it’s important to understand the company’s salary and benefits packages.

In terms of salary, CVS offers a competitive compensation package for its employees. Full-time employees receive an annual salary, while part-time employees are paid on an hourly basis. The amount of compensation varies depending on the position, experience level, and location. For example, pharmacists at CVS earn an average salary of $127,000 per year, while store managers earn an average salary of $65,000 per year.

In addition to salary, CVS offers a wide range of benefits for its employees. These include healthcare benefits, retirement benefits, vacation and paid time off, and employee discounts. Employees can choose from a variety of medical, dental, and vision insurance plans, as well as prescription drug coverage. CVS also offers a 401(k) plan with a company match, stock options, and a pension plan.

Furthermore, CVS provides its employees with generous vacation and paid time off policies, including sick leave and maternity and paternity leave. And with employee discounts at CVS and other retailers, as well as discounts on wireless services and local gym memberships, working at CVS can be an attractive proposition.

Overall, CVS is a great place to work for those seeking a career in the healthcare industry. With a competitive salary and comprehensive benefits package, CVS values its employees and provides them with the tools they need to succeed. In the following sections, we will dive deeper into CVS employee salaries and benefits, providing you with all the information you need to make an informed decision about your career at CVS.

CVS Employee Salaries

Full-Time Employee Salaries

CVS Health is one of the largest pharmacy chains in the United States, employing over 300,000 people across the country. If you’re considering a career at CVS, it’s important to understand the salaries and benefits offered to full-time employees.

Average Salary

The average salary for a full-time employee at CVS varies depending on their job title and location. According to Glassdoor, the average annual salary for a full-time CVS employee is around $33,000, with salaries ranging from $20,000 to $127,000 per year. However, this can vary based on experience, education, and other factors.

Pharmacist Salary

Pharmacists are an essential part of the CVS team, responsible for dispensing medications and providing guidance and advice to patients. The average annual salary for a pharmacist at CVS is around $120,000 according to Glassdoor. However, this can vary based on location and experience.

Store Manager Salary

Store managers play a crucial role in overseeing the day-to-day operations of CVS stores. They are responsible for managing employees, ensuring customer satisfaction, and meeting sales goals. The average annual salary for a CVS store manager is around $70,000 according to Glassdoor. However, this can vary based on factors like location and experience.

Shift Supervisor Salary

Shift supervisors are responsible for supervising the daily activities of CVS stores during their assigned shifts. They manage and train employees, ensure customer satisfaction, and handle administrative tasks. The average annual salary for a shift supervisor at CVS is around $37,000 according to Glassdoor. However, this can vary based on location and experience.

Overall, CVS Health provides competitive salaries and benefits to its full-time employees, offering opportunities for growth and advancement within the company.

Part-Time Employee Salaries

Part-time employees make up a significant portion of CVS’s workforce. In this section, we will explore the average hourly wages for various part-time positions at CVS.

Average Hourly Wage

According to Glassdoor, the average hourly wage for a part-time employee at CVS is around $11. This wage varies depending on the position and location of the store.

Pharmacy Technician Pay

Pharmacy technicians are an essential part of any pharmacy team, and CVS is no exception. These employees help pharmacists fill prescriptions, manage inventory, and interact with customers. The average hourly wage for a pharmacy technician at CVS is around $13 per hour. However, this may vary based on experience, certifications, and location.

Cashier Pay

Cashiers are responsible for greeting customers, handling transactions, and keeping the front end of the store clean and organized. At CVS, cashiers earn an average hourly wage of around $10 per hour. However, there is room for growth in this position, including opportunities to become a shift supervisor or store manager.

Beauty Consultant Pay

Beauty consultants work in the cosmetics department of CVS stores and provide beauty advice to customers. They also stock shelves and assist with sales. The average hourly wage for a beauty consultant at CVS is around $12 per hour. However, this wage may vary based on experience, sales performance, and location.

In conclusion, part-time employees at CVS receive competitive hourly wages and have opportunities for growth within the company. Whether you’re interested in working as a pharmacy technician, cashier, or beauty consultant, CVS offers a variety of part-time positions to fit your interests and goals.

CVS Benefits

Healthcare Benefits

Healthcare Benefits are an essential part of any job, and CVS takes this responsibility seriously. The company offers a variety of healthcare benefits to its employees, including medical insurance, dental insurance, vision insurance, and prescription drug coverage.

Medical insurance is a vital benefit, especially in today’s world, where medical expenses can be prohibitively expensive. CVS offers a selection of medical insurance plans to meet the needs of its employees. You can choose from various plans that fit your budget and cover everything from routine checkups to more extensive medical treatments. The company also provides coverage for mental health and substance abuse treatment.

Dental insurance is another crucial benefit provided by CVS. Regular dental checkups are critical for maintaining good oral health. With CVS’s dental insurance, you can rest assured that you will receive the best possible care for your teeth. The company offers several dental plans with different levels of coverage to suit your individual needs.

Vision insurance is another benefit offered by CVS. Good vision is essential for everyday life, and regular eye exams are vital for maintaining healthy eyes. Vision insurance covers expenses related to regular eye exams, contact lenses, eyeglasses, and other vision-related expenses.

Prescription drugs can be costly, and not everyone can afford them. That’s why CVS provides prescription drug coverage to its employees. Prescription coverage ensures that employees have access to affordable medications when they need them, regardless of their financial situation.

Overall, CVS provides comprehensive healthcare benefits to its employees, ensuring that they have access to the care they need to stay healthy. From medical insurance to dental insurance, vision insurance, and prescription drug coverage, CVS has got you covered.

Retirement Benefits

Retirement planning is an essential aspect of one’s career, and CVS understands this. It offers various retirement benefits to its employees, which include 401(k) plans, company match, stock options, and pension plans.

The 401(k) plan allows the employees to save for their retirement by contributing a portion of their pre-tax salary, which is then invested in stocks, bonds, or mutual funds. The contributions made in this plan are tax-deductible, and the earnings are tax-deferred until the employee withdraws them during retirement.

CVS also matches the employee’s contribution up to a certain percentage, which means that the employee can earn more money towards their retirement savings. This company match program encourages the employees to save more and helps them achieve their retirement goals faster.

Stock options are another way CVS provides employees with retirement benefits. It allows the employee to purchase company shares at a discounted price, which they can sell later at a higher price, earning a profit. This program gives employees a sense of ownership in the company and encourages them to work harder towards the company’s success.

Lastly, CVS also offers a pension plan, which is a defined benefit plan that pays out a specific amount to retired employees based on their salary and years of service. This plan removes the risk from the shoulders of the employees and ensures a steady income during retirement.

Overall, CVS’s retirement benefits program is comprehensive and rewarding, providing its employees with multiple options to save and prepare for retirement. By offering these benefits, CVS shows its commitment to its employees’ financial well-being and contributes to their long-term happiness and satisfaction.

Vacation and Paid Time Off

Employees at CVS are eligible for paid time off (PTO) which includes vacation days, personal days, and sick leave. The amount of PTO that employees receive depends on their position, length of employment and the number of hours worked each week.

Paid Time Off

Full-time employees who work 30 or more hours per week accrue PTO based on their years of service with the company. For example, employees who have worked for 1-4 years accrue 15 days of PTO per year, while employees with 20 or more years of service accrue 30 days of PTO per year. Part-time employees who work fewer than 30 hours per week also receive pro-rated PTO based on the number of hours worked.

Sick Leave

In addition to PTO, CVS provides paid sick leave to its employees. Full-time employees can earn up to 96 hours of sick leave per year, while part-time employees can earn up to 48 hours per year. This sick leave can be used to care for themselves or a family member who is ill.

Maternity and Paternity Leave

CVS offers maternity and paternity leave for new parents. Birth mothers are eligible for up to six weeks of paid maternity leave, while non-birth parents are eligible for up to two weeks of paid paternity leave. In addition, CVS has an Adoption Assistance Program that provides financial assistance and up to four weeks of paid time off for adoptive parents.

Bereavement Leave

CVS also provides bereavement leave for employees who need time off due to the death of a family member. Full-time employees can take up to three days of paid bereavement leave, while part-time employees can take up to two days.

Overall, CVS offers a comprehensive benefits package that includes generous PTO and paid leave policies. These benefits demonstrate the company’s commitment to supporting its employees in both their personal and professional lives.

Employee Discounts

CVS offers a variety of employee discounts to its staff members, ranging from CVS-specific perks to deals with external companies. These benefits can help employees save money and improve their overall quality of life.

One of the most popular CVS employee discounts is the CVS employee discount, which gives workers 20% off all CVS-brand products. This includes items like beauty products, over-the-counter medications, and snacks. Additionally, employees can receive up to 30% off regular-priced items at CVS stores.

Another valuable discount offered by CVS is the Verizon Wireless discount. Employees who are also Verizon customers can receive a 22% discount on their monthly phone bill. This can translate into significant savings over time, especially for families or individuals with multiple lines.

AT&T discount is another benefit that CVS employees can take advantage of. They can get discounts on wireless plans, devices, and accessories purchased directly through AT&T.

Finally, local gym discounts are available to CVS employees, giving them access to reduced rates at fitness centers in their area. This can make it easier for employees to stay healthy and active while also saving some money.

Overall, CVS provides a wide range of employee discounts that can help to support their well-being and financial stability.

How to Apply for a Job at CVS

Applying for a job can be a daunting process, but with CVS, the application process is straightforward and user-friendly. CVS offers two types of job applications: online and in-person.

The CVS Job Application Process

To apply for a job online, simply visit the CVS website and navigate to the “Careers” section. From there, you will be able to search for available positions by location or job category. Once you find a position that interests you, click on it to view the full job description and requirements. If you meet the qualifications, you can then submit an online application by clicking the “Apply Now” button.

For those who prefer the traditional approach, CVS also accepts in-person applications. Simply visit your local CVS store and inquire about any available job openings. They will provide you with an application form that you can fill out on-site.

Online Application

CVS’s online application process is quick and easy. You will need to create an account on the CVS website to complete the application. The application consists of several sections, including personal information, work experience, education, and references. You will also need to upload a resume and cover letter (if applicable).

Once you have submitted your application, you will receive a confirmation email from CVS. If your application meets the requirements of the job, you will be contacted for an interview.

In-Person Application

If you prefer to apply in person, simply visit your local CVS store and ask for an application. The hiring manager may conduct an on-the-spot interview or schedule one for a later date. Make sure to dress professionally and bring copies of your resume and references.

Interview Process

The interview process at CVS typically involves a one-on-one interview with the hiring manager. They will ask questions about your work history, skills, and availability. Be prepared to discuss your qualifications and provide examples of how you have applied them in previous jobs.

CVS may also require candidates to undergo a background check and drug screening before being hired.

In conclusion, applying for a job at CVS is a simple process. Whether you choose to apply online or in-person, make sure to present yourself professionally and highlight your relevant skills and experience. Good luck with your job search!

Conclusion

After exploring the world of CVS salaries and benefits, it is clear that CVS is a competitive employer in the pharmacy industry.

CVS offers a range of positions from part-time cashier to full-time pharmacist, with competitive salaries and opportunities for growth within the company. Full-time employees receive comprehensive healthcare benefits, including medical, dental, and vision insurance, as well as 401(k) retirement plans and company matches. Additionally, employees can enjoy vacation time, sick leave, and even bereavement leave.

Part-time employees also benefit from CVS’s offerings, including a competitive hourly wage, healthcare benefits, and employee discounts.

One unique aspect of CVS’s benefits package is their commitment to employee wellness. They offer programs such as smoking cessation, weight management, and disease management to help employees maintain a healthy lifestyle.

Overall, CVS’s dedication to providing quality salaries and benefits to its employees makes it an attractive option for job seekers in the pharmacy industry. Whether you’re a part-time employee looking for a flexible schedule or a full-time pharmacist seeking career advancement, CVS has options for everyone.
CVS Pharmacy is one of the largest retail pharmacy chains in the United States, with over 9,000 stores across the country. As a prospective employee, you may be wondering how much CVS pays and what benefits are available to you. In this comprehensive guide, we’ve covered everything you need to know about CVS salaries and benefits for full-time and part-time employees. From hourly wages to annual salaries, healthcare benefits to retirement plans, vacation time to employee discounts, we’ve provided an in-depth look at what CVS has to offer. Whether you’re just starting your job search or considering a career change, CVS may be the perfect fit for you. So why wait? Visit the CVS website and apply today!