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Careers: |
Pharmacy Benefits |
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Because financial peace-of-mind and long-term security are central to the well-being and productivity of our pharmacists, Walgreens has designed a comprehensive set of financial options and retirement benefits that can help.
Protect your future
Share Walgreens Stock Purchase/Stock Option Plans
This special stock purchase plan is available exclusively to Walgreens pharmacists. Upon eligibility, pharmacists may purchase stock during specific "window periods," accompanied by options that allow pharmacists to purchase additional shares of company stock in the future at a fixed price.
Profit-Sharing Retirement Plan
Walgreens Profit-Sharing Retirement plan enables you to contribute up to 2% of your salary though regular payroll deductions, with Walgreens contributing a portion of company profits to your account, each year. (In 2001, Walgreens matched $3.28 for every employee dollar contributed to this plan.) Note: past performance does not guarantee future results. Employees who are eligible for the Profit Sharing Plan who earned less than a specified amount in the previous year ($85,000 in 2001) may also participate in Unmatched Supplemental Contributions (USC) and/or voluntary investment plan (VIP) contributions. Employees may make combined deposits between 1% and 25% of a salary. USC contributions are pretax; VIP contributions are after-tax.
Flex-Pay
This plan enables employees to set aside a portion of each paycheck, tax-free, to be used for childcare, invalid dependent care, or other health care expenses not reimbursable under other benefit plans.
Employee Stock Purchase Plan
Upon eligibility, Walgreens employees may purchase Walgreens stock at a 10% discount, with no brokers' fees.
Life Insurance
After 90 days of service, pharmacists have Life Insurance with $25,000 of coverage. After one year of service, coverage increases to 1.5 times pharmacists' annual base salary.
Other benefits to take care of your future
- Elective life insurance
- Income protection plan (long-term disability pay for illness/injury)
- Personal accident insurance
- Paid holidays
- Sick days
- Vacation time
Eligibility and benefits vary by position
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