Walgreens slashing benefits after raising employee pay

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Walgreens is increasing hourly wages at the cost of altering the benefit structure for employees and eliminating health insurance for eligible retirees. The Deerfield, Illinois-based company will raise the number of hours employees must work to qualify for paid time off from 20 hours per week to 30 hours, according to the Chicago Tribune. The change will occur in 2019. The retailer has 71 stores in the Mid-South. Regarding health coverage, Walgreens retirees under the age of 65 who currently...

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