Walgreens, CVS cut paid sick leave for workers in line with CDC guidance
Reuters
Published Jan 11, 2022 06:42PM ET
Updated Jan 11, 2022 09:42PM ET
(Reuters) - Walgreens Boots Alliance (NASDAQ:WBA) and CVS Health Corp (NYSE:CVS) have cut paid sick leave for workers who test positive for COVID-19, aligning their policies to a change in U.S. health guidance, the companies said on Tuesday.
The U.S. Centers for Disease Control and Prevention updated its recommendations that people should isolate for five days after a COVID-19 infection, instead of 10.
A spokesperson for CVS said that the company is providing five days of paid leave for eligible full- and part-time workers, except where state or city paid leave laws provide for more.
The company also added that paid leave is available only to employees who are vaccinated, approved for a reasonable accommodation, or otherwise covered by local laws.
Walgreens said that it is providing COVID-19 paid leave benefits for five days to workers and after Feb. 23 will continue to provide the same benefit for five days to those who are fully vaccinated and test positive for COVID-19.
Both the companies offered up to two weeks of paid leave earlier.
The company added that unvaccinated workers, who have an approved medical or religious exemption, also will continue to be eligible for the paid leave benefit.
Last week, Walmart (NYSE:WMT) said workers in the United States will receive one week of paid leave instead of two, if in need of isolation or have tested positive for COVID-19.
Amazon (NASDAQ:AMZN) said that the workers infected with the virus can receive up to 40 hours paid leave given the shorter period of isolation.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.