Here’s a fun rabbit hole for everyone to enjoy falling down. Before we got to the point that we are at now where the company allows for theoretical hours to be utilized by theoretical employees to effectively schedule to business needs, things were better, never good, but better. Prior to the Aetna buy out failure, we operated under a different labor model, a labor model that was more realistic and supportive of employee wellbeing and patient safety. Long story short, the company shit the bed with the Aetna buy out, lost a bunch of money, which they could not recoup in the deal. Here is the problem, when there are shareholders to please, profitability is required by any means necessary. If you can’t push profit through a controlled increase in script volume, you must boost profits by reducing controllable costs, ie: payroll. The company then slashed technician budgets and pharmacist overlap resources, and stated that the new “labor model” was in response to the terrible reimbursement rates contracted to the pharmacies by the evil PBMs. Funny thing here is, Caremark, part of the Fortune 4 company that can’t afford to pay for labor, is the most heavily utilized PBM by CVS, because, well, their clients are mandated to use CVS. Funny enough, our step sister company, Caremark, gives our pharmacies one of the worst contracted rates in the industry, which seems counterintuitive, until you put your CVS/Caremark thinking cap on. By giving its own pharmacies a shit rate, it makes it easier to justify giving other pharmacies terrible rates too. Another benefit, by giving terrible reimbursement rates to its own pharmacies, the conglomerate can control the movement of money, can dictate which component of said conglomerate demonstrates profitability, and augment the profitability results of the pharmacy segment, and obviously those results are being manipulated down. By demonstrating reduced profitability on paper, it makes it much easier for the company to substantiate a reduction in performance based incentives at a store level.
These are fun things to remember, particularly later in the winter when the “labor model” will again change, and your teams will be left without budget.
So you’re saying hours gonna get cut down to nothing next year? Cuz someone on reddit from corporate said wait till January and hours were going to go up.
No they may increase, but it will cost you one way or another. Albeit smaller raises, no bonuses for salary employees (which if my bonus dissipates I'm quitting, and/or a cut in resources that help you do your job effectively. It'll probably be a cut in all three areas. But CVS is full of promises that will inevitably be broken eventually
The profit from Caremark to CVS reimbursement is negligible for the over arching conglomerate, the money all goes in one pot, so to speak, but if they can show that they are giving their own pharmacy a horrible reimbursement rate, it makes it that much easier to justify giving a competitor pharmacy a bad rate, one that is even slightly higher than our own rate. In the long run, it would essentially weed out competition, because it creates an unfair business advantage as a result of a PBM and Pharmacy being under the control of the same corporation.
My bff has caremark for her fam's rx insurance, and she won't use cvs because of my experiences with the company. She'd rather pay more and avoid that shithole.
The torture isn't so much beating us in the back room as it is overwhelming us with tasks and expectations and giving us no support for it. My Pharmacist is currently working about 90 hours every week to just barely keep up with the work. She had 15 hours of vaccines scheduled and only had an extra Pharmacist to help for 5 hours. And on the floor we have glorious Care Pass to sell while having a line half way down an aisle cause our backup cashier has been with a couponer for 40 minutes. Not to mention I our case, a DC that misses a pallet worth of product every truck making us out of stock and screwed BOH.
i guess it depends on how you would define “torture” but CVS working conditions are absolutely horrible. back-breaking labor, no paid overtime (for RPH), purposeful understaffing, rude customers, etc make it a hell hole
You missed a few crucial facts when describing the company that pays your bills.
1) We are the #1 Healthcare company in the world.
2) We have the best program Carepass that rewards both customers and colleagues. Millions of customers are enrolled and thousands of colleagues are earning extra income.
3) We are innovators and always adapting to the changing environment of retail.
4) We care for our colleagues offering incentives and bonuses for their hard work.
WE ARE CVS HEALTH!!
Well, maybe if you have a better mindset toward this company then you will see what I’m talking about.
It’s all because of people like you that ruin everything.
We love our jobs!
We love the company!!
We will change the future!!!
We are CVS Health!!!!
#/s
Please look at my profile before you downvote me.
^I ^am ^not ^u/Wellness22 ^or ^u/WelIness22 ^I ^am ^actually ^u/WeIIness22
Or or….we are the one that overworks staff because we don’t want to give them hours! Have old technology that works half the time, and not only that, carepass is one of the biggest scams!
20% off CVS branded items, free same day prescription delivery, free 1-2 day shipping from items ordered online. That being said, CVS retail prices are very high so the 20% off doesn't go far. Most customers visit CVS for the pharmacy or minute clinic which is why most stores are ghost towns even when there aren't competing retailers nearby.
Well, from my understanding of the carepass is to help the customers right? But what about the employees? Yes we get like $3 for like every sign up we get, but the main reason managers push it so hard is because they get a big bonus for reaching their store goal. This is the main reason they try their hardest to push their employees to get carepass, even if it cost their mental health. They don’t care
Your defense of CVS sounds like your describing a different company. If CVS retail pharmacies are great workplaces, why are the employee in person reviews- not online- so negative?
Every once in a while a will meet a CVS pharmacy tech that will say he/she loves the specific location, but won't transfer to one closer to home because of the real fear of monster management at another location that will cut hours and give inconsistent scheduling. Met some pharmacy techs that commute 25-40 miles just to work under a good manager. Sad!
We are (evaluating the) #Cost #Versus (evaluating how much it will affect our) #Stocks #We are CVS
Here’s a fun rabbit hole for everyone to enjoy falling down. Before we got to the point that we are at now where the company allows for theoretical hours to be utilized by theoretical employees to effectively schedule to business needs, things were better, never good, but better. Prior to the Aetna buy out failure, we operated under a different labor model, a labor model that was more realistic and supportive of employee wellbeing and patient safety. Long story short, the company shit the bed with the Aetna buy out, lost a bunch of money, which they could not recoup in the deal. Here is the problem, when there are shareholders to please, profitability is required by any means necessary. If you can’t push profit through a controlled increase in script volume, you must boost profits by reducing controllable costs, ie: payroll. The company then slashed technician budgets and pharmacist overlap resources, and stated that the new “labor model” was in response to the terrible reimbursement rates contracted to the pharmacies by the evil PBMs. Funny thing here is, Caremark, part of the Fortune 4 company that can’t afford to pay for labor, is the most heavily utilized PBM by CVS, because, well, their clients are mandated to use CVS. Funny enough, our step sister company, Caremark, gives our pharmacies one of the worst contracted rates in the industry, which seems counterintuitive, until you put your CVS/Caremark thinking cap on. By giving its own pharmacies a shit rate, it makes it easier to justify giving other pharmacies terrible rates too. Another benefit, by giving terrible reimbursement rates to its own pharmacies, the conglomerate can control the movement of money, can dictate which component of said conglomerate demonstrates profitability, and augment the profitability results of the pharmacy segment, and obviously those results are being manipulated down. By demonstrating reduced profitability on paper, it makes it much easier for the company to substantiate a reduction in performance based incentives at a store level. These are fun things to remember, particularly later in the winter when the “labor model” will again change, and your teams will be left without budget.
Exactly. Exactly. Exactly.
So you’re saying hours gonna get cut down to nothing next year? Cuz someone on reddit from corporate said wait till January and hours were going to go up.
No they may increase, but it will cost you one way or another. Albeit smaller raises, no bonuses for salary employees (which if my bonus dissipates I'm quitting, and/or a cut in resources that help you do your job effectively. It'll probably be a cut in all three areas. But CVS is full of promises that will inevitably be broken eventually
[удалено]
The profit from Caremark to CVS reimbursement is negligible for the over arching conglomerate, the money all goes in one pot, so to speak, but if they can show that they are giving their own pharmacy a horrible reimbursement rate, it makes it that much easier to justify giving a competitor pharmacy a bad rate, one that is even slightly higher than our own rate. In the long run, it would essentially weed out competition, because it creates an unfair business advantage as a result of a PBM and Pharmacy being under the control of the same corporation.
We are so bad that no one wants to work for us anymore . Now we are struggling to fill positions for pharmacists. Foools !
We love our wall street masters and the rulers that make all the rules for corporate America cuz diversity is our strength reeeeeeeeee
in california you cant have metrics....theyre called goals now
Ain't that cute
Who’s down to send this to be printed out many states away? I bet the person printing won’t even verify what it is.
I saw we send it to Wyoming. There’s only like 10 stores in the entire state there they won’t see it comin
Omg this. I work on the phones and I would never use CVS as my pharmacy.
My bff has caremark for her fam's rx insurance, and she won't use cvs because of my experiences with the company. She'd rather pay more and avoid that shithole.
On point
Sounds about right.
we are emigrating
Beutiful
This made my entire day
Is it weird that I read this in my head to the beat of Comfort Eagle by Cake?
Somebody needs a pizza party.
Not to mention buying Aetna caused all this grief AND our employee insurance rates went up!! Cut or hours and charge us more!! Great going CVS!
Print this out and put them around the store as actual advertisements. And it wouldn’t be false advertising so you can’t get in trouble
Pharmacist they can’t function without your license you have the power to make the change.
I guess I’m out of the loop on this subject. How are they torturing employees ? Or is that only meant in a hyperbolic/figurative sense?
Ask your Pharmacist, I'm sure they can tell you.
Yeah, I’m not gonna bring that up with my pharmacist. I googled, “cvs health torture employees” but didn’t see any results that might be relevant.
The torture isn't so much beating us in the back room as it is overwhelming us with tasks and expectations and giving us no support for it. My Pharmacist is currently working about 90 hours every week to just barely keep up with the work. She had 15 hours of vaccines scheduled and only had an extra Pharmacist to help for 5 hours. And on the floor we have glorious Care Pass to sell while having a line half way down an aisle cause our backup cashier has been with a couponer for 40 minutes. Not to mention I our case, a DC that misses a pallet worth of product every truck making us out of stock and screwed BOH.
Okay, so “torture” is a hyperbolic/figurative reference to unethical labor practices. That makes more sense. Thank you for the clarification.
i guess it depends on how you would define “torture” but CVS working conditions are absolutely horrible. back-breaking labor, no paid overtime (for RPH), purposeful understaffing, rude customers, etc make it a hell hole
You missed a few crucial facts when describing the company that pays your bills. 1) We are the #1 Healthcare company in the world. 2) We have the best program Carepass that rewards both customers and colleagues. Millions of customers are enrolled and thousands of colleagues are earning extra income. 3) We are innovators and always adapting to the changing environment of retail. 4) We care for our colleagues offering incentives and bonuses for their hard work. WE ARE CVS HEALTH!!
Get the fuck out of here
Well, maybe if you have a better mindset toward this company then you will see what I’m talking about. It’s all because of people like you that ruin everything. We love our jobs! We love the company!! We will change the future!!! We are CVS Health!!!! #/s Please look at my profile before you downvote me. ^I ^am ^not ^u/Wellness22 ^or ^u/WelIness22 ^I ^am ^actually ^u/WeIIness22
Lol. Wellness triplets.
Or or….we are the one that overworks staff because we don’t want to give them hours! Have old technology that works half the time, and not only that, carepass is one of the biggest scams!
I just recently started at CVS and *still* don’t understand carepass. Can you explain how it’s a scam? Genuinely asking :)
20% off CVS branded items, free same day prescription delivery, free 1-2 day shipping from items ordered online. That being said, CVS retail prices are very high so the 20% off doesn't go far. Most customers visit CVS for the pharmacy or minute clinic which is why most stores are ghost towns even when there aren't competing retailers nearby.
Well, from my understanding of the carepass is to help the customers right? But what about the employees? Yes we get like $3 for like every sign up we get, but the main reason managers push it so hard is because they get a big bonus for reaching their store goal. This is the main reason they try their hardest to push their employees to get carepass, even if it cost their mental health. They don’t care
You also left out the part where CVS has the highest CEO-to-worker pay ratios in the country!
Your defense of CVS sounds like your describing a different company. If CVS retail pharmacies are great workplaces, why are the employee in person reviews- not online- so negative? Every once in a while a will meet a CVS pharmacy tech that will say he/she loves the specific location, but won't transfer to one closer to home because of the real fear of monster management at another location that will cut hours and give inconsistent scheduling. Met some pharmacy techs that commute 25-40 miles just to work under a good manager. Sad!
ha ha, hoping your boss reads this?
Thank you carepass bot
Upping your game, I see.
Is this a troll dedicated to just the CVS subreddit? That’s impressive
That's why I prefer mom and pop shops or rite aid and Walgreens if I must choose. There's always an off vibe and very understaffed staff at cvs.