Thu, Dec 18, 2014, 2:34 PM EST - U.S. Markets close in 1 hr 26 mins

Recent

% | $
Quotes you view appear here for quick access.

Walgreen Co. Message Board

  • trc1199 trc1199 Jul 19, 2007 6:16 PM Flag

    company match

    With the recent talk of compensation, let me ask any Walgreens pharmacist what the current match is. I heard $3.20 or so per dollar put in. Is it a match on 2 or 5% of salary? Thanks

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I don�t want to disclose the exact numbers and the formula is a little confusing. Just know that it�s a very generous match, to reward and retain employees. Basically, you�re getting at least a 300% return on your contribution � a no brainer. More simply put, if you�re an RPh, you�ll get about $8000 for contributing about $2500. Hope this helps.

      • 1 Reply to taiguyandcheeky
      • Nothing confusing about it. The maatching level is 2% of salary, pharmacist or not, up to the Social Security wage base ( I think this year it was $94,000 or so. If you're considered a highly compensated employee, as pharmacists are, any amount above the wage base earns a different match. This year as in past years, the 2% level was indeed around $3.20/dollar. Above that it was like $2.13 or something. And that's good, but lets not forget that you'd better put some other money away.

 
WAG
73.82+1.83(+2.54%)2:34 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.