Are you curious about a signing bonus the dimensions of some individuals’s annual wage? In case you are a pharmacist, this might be your alternative.
Walgreens
WBA,
is providing newly employed pharmacists at a few of its areas a $75,000 signing bonus only for agreeing to take the job in an effort to offset staffing shortages.
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Pharmacist jobs paid a median wage of $128,570 in 2021, in response to the U.S. Bureau of Labor Statistics, and that quantity is kind of just like the common wage for a Walgreens pharmacist, which, in response to Glassdoor information, sits simply north of $133,000.
Walgreens is hoping the signing bonus will entice potential workers to use for these jobs, which it has had a tough time filling.
“That is one among many steps to deal with pharmacy staffing in some areas,” a Walgreens spokesman is quoted as saying to Wall Road Journal.
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Walgreens sometimes presents signing bonuses close to $30,000 or as excessive as $50,000, in response to the Journal, and people bonuses are often paid out as soon as a brand new worker has remained on the job for a sure interval, typically a 12 months or longer.
Firms oftentimes supply signing bonuses for positions that they’re struggling to fill and in vendor’s markets within the employment sphere. Throughout a labor scarcity in the beginning of the COVID-19 pandemic, many firms, together with Amazon
AMZN,
Chipotle
CMG,
and McDonald’s
MCD,
supplied profitable signing bonuses to new workers.
Walgreens didn’t instantly reply to a MarketWatch request for remark for this story.
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The information comes as the newest jobs report indicated that the labor market remains to be fairly sturdy within the U.S. regardless of inflation and rising rates of interest and concern of a looming recession — the U.S. added 528,000 jobs in July and unemployment fell to prepandemic ranges.
The signing-bonus information for Walgreens Boots Alliance Inc.
WBA,
comes as the corporate just lately upped its dividend payout and deserted a plan to divest U.Okay.-based well being and wonder retailer Boots and No7 Magnificence Co.
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Shares of Walgreens Boots Alliance Inc. are down 23% thus far in 2022, evaluating unfavorably with the S&P 500
SPX,
which has slipped by about half that a lot this 12 months.
