At Extreme Investor Network, we keep you informed with the latest news and developments in the business world that can impact your investment decisions. Today, we are excited to share a groundbreaking update from the pharmacy sector that could have significant implications for the industry.
Recently, a CVS pharmacy in Las Vegas made history by becoming the first location to join a new national pharmacy union. This move marks a significant milestone as organizers strive to address what they see as unsafe working conditions for thousands of pharmacy workers across the United States.
Nearly 30 pharmacy staff at the Las Vegas branch of CVS’s Omnicare overwhelmingly won their union election, with a resounding 87% to 13% margin. These pharmacists and pharmacy technicians play a crucial role in filling prescriptions for elderly and vulnerable patients at long-term care facilities in Nevada. Now, they will be represented by The Pharmacy Guild in labor negotiations with CVS.
Shane Jerominski, a community pharmacist and co-founder of The Pharmacy Guild, expressed his commitment to securing the best possible contract for these workers. He emphasized that the unionization of pharmacy staff is a significant and decisive victory that aims to address longstanding issues in the industry.
The formation of The Pharmacy Guild follows a nationwide walkout of pharmacy staff in late October, known as “Pharmageddon,” which drew attention to concerns about unsafe staffing levels and increasing workloads that put both employees and patients at risk. The guild’s mission includes advocating for legislative and regulatory changes to establish higher standards of practice in pharmacies.
This unionization effort reflects years of discontent among retail pharmacy staff, exacerbated by the challenges brought on by the Covid-19 pandemic. The Pharmacy Guild seeks to address common issues faced by pharmacy workers nationwide, such as understaffing and low starting pay for technicians.
At Extreme Investor Network, we are closely following the developments surrounding The Pharmacy Guild and its efforts to improve working conditions for pharmacy staff. Stay tuned for more updates on this evolving situation as we continue to provide valuable insights into the business world that can inform your investment decisions.
