Low confidence. Words such as expect, likely, outlook, forecast, preliminary, pilot, project, intend, plan, goal, target, aim, continue, believe, seek, anticipate, upcoming, may, possible, and variations of such words and similar expressions are intended to identify such forward-looking statements. (Reuters) -Walgreens Boots Alliance Inc said on Tuesday it would raise the minimum wage of all its staff to $15 an hour from October, as the drugstore chain joins . Mercedes-Benz begins building battery recycling factory in southern Germany, Tesla recalls 3,470 Model Y vehicles over loose bolts, Reporting by Amruta Khandekar, additional reporting by Richa Naidu in Chicago; Editing by Rashmi Aich, Exclusive: Russia set to mothball damaged Nord Stream gas pipelines - sources, Rheinmetall in talks on building tank factory in Ukraine - report, Exclusive: IndiGo pits Boeing against Airbus in record jet order talks, Exclusive news, data and analytics for financial market professionals. Aug 31 (Reuters) - Walgreens Boots Alliance Inc (WBA.O) said on Tuesday it would raise the minimum wage of all its staff to $15 an hour from October, as the drugstore chain joins several. A . Walgreens' starting wage for hourly team members is at least $10 per hour, with about half of the total 190,000 workers currently earning at least $15 an hour, a company spokesperson told Reuters. We will notify you of your status via e-mail in one business day. Gradual raises will start this October, with full implementation expected by November 2022. Deerfield-based Walgreens announced Tuesday that it will raise starting wages to $15 an hour for all of its workers by November 2022. Walgreens joins a number of other companies promising to raise their minimum wage to at least $15 per hour including Chipotle , Southwest Airlines , Under Armour and Wayfair. Some industry analysts have warned that the increase in wages could cause a rise in prices for that companys products. However, the. In August, Walgreens announced it would raise its minimum wage to $15 an hour, matching competitor CVS. California Overtime Law California overtime laws are also stronger than the federal standards. 7 calle 1, Suite 204 It just really makes sense that eventually Walgreens would follow suit.. Low confidence. The shocking amount some people have saved, and why speaking with a financial advisor could help increase your returns and alleviate stress. Shipping - Walgreens Walgreens to raise minimum hourly wage to $15 for all staff from However, the company told CNBC that approximately half of . All forward-looking statements we make or that are made on our behalf are qualified by these cautionary statements. Walgreens announced Tuesday that it will raise its minimum wage to $15 an hour, following CVS Health's pay increase announced earlier this month. Walgreens said it plans to invest about $450 million over the next three years to support the wage increase, investing one-third of the amount in fiscal 2022. Sometimes email clients send our first email to a spam or promotions folder. The salary hike follows similar moves by competitors to raise worker compensation during the national labor shortage. Drugstore chain Walgreens to raise minimum hourly wage for - Nasdaq Warehouse Manager $41,216 per year. Investing in and rewarding our team members is not only the right thing to do, its highly important to retaining and attracting a talented workforce, and to continuing to serve our critical role in community health care, Walgreens CEO Roz Brewer said.