CVS Health to Add 50,000 Staff in Response to Pandemic

By: Michael Harris
Michael Harris
Specialising in economics by academia, with a passion for financial trading, Michael Harris has been a regular contributor to… read more.
on Mar 23, 2020
  • CVS is looking to hire store associates, home delivery drivers, distribution center employees and member/customer service professionals
  • Bonuses, ranging from $150 to $500, to be awarded to its employees
  • The hiring process will be implemented through the virtual job fairs and interviews

CVS Health (NYSE:CVS) has said it plans to hire 50,000 full-time, part-time and temporary staff across the United States in a response to the coronavirus outbreak. Moreover, the US-based drugstore giant said it will provide bonuses, ranging from $150 to $500, to employees located at its facilities.

“Our colleagues have demonstrated an extraordinary commitment to providing essential goods and services at a time when they’re needed most,” said Larry J. Merlo, President and CEO, CVS Health, in a press release.

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

“As they continue to be there for the individuals and families we serve, we’re taking extra steps to provide some peace of mind and help them navigate these uncertain times.”

After Amazon said it plans to hire 100,000 staff to cope with a surge in demand for e-commerce, CVS is the second giant business that is struggling to meet demands for its products and services.

To fill 50,000 new roles, CVS will move to hire store associates, home delivery drivers, distribution center employees and member/customer service professionals.

“Many roles will be filled by existing CVS Health clients who have had to furlough workers, including Hilton and Marriott,” it is said in a press release.

Given the social distancing advice from the government, the pharmacy chain will look to create virtual job fairs, virtual interviews and tech-enabled job tryouts to select the right candidates, the company said.

CVS also plans to offer a new offering based on 25 fully covered days of backup care for employees with both child and elder or adult dependent care needs. Both full-time and part-time employees will have access to this service starting in April.

Moreover, the drugstore giant has added 24 hours of paid sick leave to part-time employees, available during the duration of the COVID-19 pandemic.

“This paid sick leave is in addition to the 14-day paid leave the company is providing for any employee who tests positive for COVID-19 or needs to be quarantined as a result of potential exposure,” it is added in the press release.

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker, eToro
67% of retail CFD accounts lose money