"Assuming these employees work a standard 40 hours per week, they could earn more than $87,000 per year. That's nearly 34% more than what the average American earns, according to Bureau of Labor Statistics data. Pharmacy associates also get access to Walmart's benefits including medical coverage, 401(k) plans with a 6% company match, paid time off (including parental leave), and an associate discount."
"Lisa Simon, chief economist at workforce intelligence company Revelio Labs, told Fortune this is a smart financial move on Walmart's part, considering it's become increasingly expensive and time-consuming to hire credentialed pharmacy staff. "Promoting from within allows Walmart to control labor costs while retaining workers who already have institutional knowledge of store operations and customers," Simon said. "Paying for certification is often cheaper than competing for outside hires.""
Walmart promoted 3,000 pharmacy workers to pharmacy operations team lead roles across nearly 4,600 U.S. locations, offering average pay of $28 per hour with potential earnings up to $42 per hour. Pharmacy technicians now average $22 per hour and can earn up to $40.50 per hour, representing up to an 86% increase for some. Walmart fully funds required certifications and has trained more than 22,000 associates since 2016, and the roles do not require a college degree. Working 40 hours weekly at top pay could yield more than $87,000 annually. Associates receive medical coverage, a 401(k) match, paid time off, and discounts.
Read at Fortune
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