Labor & Economic News Blog
Friday, June 27, 2014
At CVS, only the very rich get much richer
At CVS, only the very rich get much richerAt CVS Caremark, it doesn't pay to be really good at your job. The nation's second-largest drugstore chain adjusts its annual raises to how much an employee makes. The higher your salary, the lower your raise. The top workers at CVS stores — those earning the highest hourly wage for their job classification — are "red lined" by the company and receive no raises at all.
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