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CVS Health to add 5,000 apprentices

Staff Writer |
CVS Health announced it has set a goal of hiring 5,000 new apprentices by 2022.

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The newly established goal, which coincides with the U.S. Department of Labor's National Apprenticeship Week, reflects an expansion of the company's Registered Apprenticeship program to seven additional states, including Arizona, Hawaii, Illinois, Indiana, Iowa, Massachusetts and Pennsylvania, bringing the total number of statewide apprenticeship programs supported by CVS Health to 18.

Registered Apprenticeships provide participants with structured training to maintain the high level of skills needed in complex fields such as pharmacy care and prescription benefit management, and equips participants with a nationally recognized credential that will help them advance in their careers.

CVS Health became the first employer to launch a U.S. Department of Labor Registered Apprenticeship program for pharmacy technicians in 2005.

Through 2017, the company has had more than 4,700 colleagues join its Registered Apprenticeship career tracks for retail pharmacy, prescription benefit management and retail store management.

CVS Health is among a growing number of U.S. companies investing in earn-and-learn apprenticeship programs, due in part to the nation's skills gap.

Today, there are more than 6 million vacant jobs that American workers are unable to fill the highest level on record, according to the Bureau of Labor Statistics (BLS).

The BLS also reported in 2015 that the country is projected to produce one million fewer technical workers than is needed over the next decade.


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