CVS Signing Bonuses?

[asc05]

---

Members don't see this ad.

Not sure if this is the correct place to post this question, but I'm going to try anyway.

I should graduate next May, and I've been with CVS as a technician, then an intern for 5 years. Our intern coordinator told me that as someone who's been in the intern program, I'm eligible for a signing bonus (something I thought had been completely eliminated). I'm just trying to get a ballpark idea of what the signing bonus could potentially be....

Thanks in advance!

 

[Old Timer]

Not sure if this is the correct place to post this question, but I'm going to try anyway.

I should graduate next May, and I've been with CVS as a technician, then an intern for 5 years. Our intern coordinator told me that as someone who's been in the intern program, I'm eligible for a signing bonus (something I thought had been completely eliminated). I'm just trying to get a ballpark idea of what the signing bonus could potentially be....

Thanks in advance!

It depends on the market.....

 

[RX CARE]

Not sure if this is the correct place to post this question, but I'm going to try anyway.

I should graduate next May, and I've been with CVS as a technician, then an intern for 5 years. Our intern coordinator told me that as someone who's been in the intern program, I'm eligible for a signing bonus (something I thought had been completely eliminated). I'm just trying to get a ballpark idea of what the signing bonus could potentially be....

Thanks in advance!

For our region, it's 5k, but it's not a bonus per say....it is a commitment or agreement or whatever to work at least a year. But they have to offer it to you first. Especially our market that's saturated. We were actually interviewed and did CVs and everything. And the PIC at your assigned store had to evaluate you on whether you would hold the 🙄values and metrics of CVS as a pharmacist🙄.... I honestly think they really don't have to do it..coz ppl will soon be begging for jobs. But I feel like they just want to reward their longstanding interns that transition in someway, but just not make it too easy. Also if you are planning on doing a residency (although you would have deceived them by that point), all you need to do is not cash the check and give it back. So most people hold on to the checks ( usually given around december) until march when match results come out, then make a move. Thankfully they don't give you a deadline.

 

[J ROD]

I would not count on one and it will have alot of attachment to it.

 

[PumpkinSmasher]

A guy in the class above me received a 5k sign on bonus in a smaller metro marketplace. He had interned with them for 2 summers. It is a 1 year agreement. I am not sure if he will be floating or has an assigned store.

 

[asc05]

Thanks for the info. The email from my intern coordinator basically said I would get a signing bonus if I agreed to work for them, and that we would get it next fall when Uncle Sam would take less of it.

Holding onto it until match day is a good idea though - wonder if the signing bonus stuff counts if I get a CVS/Caremark residency? Ha ha ha

 

[rxlynn]

It depends on the market.....

Yes ... in the Atlanta market not all active P4 interns got offers; therefore, many of them didn't have the signing bonus offer. Also, I was told by several active pharmacists that if you did get the early offer + bonus and turned it down, but then later decided you wanted to work for them it was looked on very negatively.

However, I think this year the 1 year of work was the only stipulation on the bonus.

 

[themorphinerule]

keep in mind that if you give back the check, you still owe money because you also have to pay back taxes that were taken out of the check.