DEERFIELD, Ill. — Walgreens is offering a big signing bonus to lure pharmacists amid an ongoing labor crunch.
The Wall Street Journal reported Thursday that the pharmacy chain is offering as much as $75,000 as a sign-on bonus in certain markets across the US. The bonus comes with a requirement for the new hire to stay at their job for a certain period of time, typically at least a year, the Journal reported.
Although more typical Walgreens signing bonuses are around $30,000 or $50,000, according to the Journal, the $75,000 payout highlights Walgreens’ staffing challenges, which began during the pandemic.
A Walgreens spokesperson said that the bonuses are “one of many steps to address pharmacy staffing in some areas.”
The chain began cutting pharmacy hours at some locations last year to make up for the pharmacist shortage — roughly 3,000 stores are currently operating with reduced hours, according to the Journal.