Annual Raises Cancelled

Annual Raises Cancelled

Posted in the CVS Forum


Monroeville, PA

#1 Feb 3, 2009
CVS Caremark spends lavish on golf event, TV shows, and other charity events. They have also shut down offices or mail-order facilities in OH, RI, TX, FL & CA. Last week they cancelled annual raises for all employees company wide. Today they announced the will raise the pay out of quarter dividends by 10%. So, if you have stock it CVS you can thank the entire worker for you 10% increase while we wait for 2010 for our raise.

United States

#2 Apr 11, 2009
I didn't hear about the loss of raises, to my knowledge all the employees at my store have still gotten them. Although mine was screwed up because of an issue with the previous store manager.

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