CVS to boost hourly minimum wage to $11 in April

WOONSOCKET, R.I. — In what it says is a continuing commitment to investing in the growth and success of its employees, CVS Health on Thursday announced three major programs that will enable employees to share in the tax savings created by the U.S. Tax Cuts and Jobs Act.
The company said in a statement on their website that the improvements in employee wages and benefits, which are long-term and sustainable compensation investments, total $425 million annually and create continued growth op