What Is The Starting Hourly Rate At Rite Aid?

In 2024, the average hourly pay for Rite Aid Corporation in the United States was $16.15, with an average starting salary of $17,000 per year or $8.17 per hour. The overall average salary at Rite Aid is $37,918 per year ($18.23 per hour), which is 0.9.

The average hourly pay for an experienced Pharmacy Technician (RTS) at Rite Aid is approximately $14 per hour, while the average hourly pay for a Customer Service Associate/Cashier is $8.00 per hour. The average hourly pay for a RTS at Rite Aid Corp ranges from an average of $11.44 to $26.58 an hour.

In California, the average hourly pay for a Rite Aid Pharmacy job is $44429 yearly and $21 hourly. The starting pay in California is $18000, and the salaries range from $28277 to $28277. In Pennsylvania, the average hourly salary for a Rite Aid Pharmacy job is $20.05 an hour. If employees accept extra shifts, they are paid “premium pay” which is $15 over the previous base hourly rate.

In summary, the average hourly pay for Rite Aid Corporation in the United States is $16.15 per hour, with a starting salary of $17,000 per year or $8.17 per hour. The average compensation for a Rite Aid employee is $128,323 per year, with a range of $11.07 to $31.48 an hour. The average hourly pay for an experienced Pharmacy Technician at Rite Aid is estimated to be between $18 and $30 per hour.

What is the Rite Aid scandal?

Rite Aid, founded in 1962 as Thrift D Discount Center, faced an accounting scandal in 1999 when it began restating earnings due to accounting irregularities. Six former Rite Aid senior executives were convicted of conspiracy in 2003 for accounting fraud and false filings with the SEC. The company changed its name to Rite Aid Corporation in 1968 and moved its stock to the New York Stock Exchange in 1970.

Rite Aid’s growth was marked by acquisitions like Envision Pharmaceutical Services in 2015 and two merger deals with Walgreens and Albertsons. Former Rite Aid executives admitted to overstating net income between 1997 and 2000.

How much does Rite Aid pay in New York?

Rite Aid in New York State offers an average hourly pay of $13. 27 per hour for Customer Service Associate / Cashier to $58. 27 per hour for Staff Pharmacist, and $15, 000 per year for Cashier/Stocker to $134, 908 per year for Pharmacy Manager. These figures are based on 128 data points collected from employees, users, and job advertisements on Indeed in the past 36 months. The minimum wage may differ by jurisdiction, and actual salary figures should be sought from the employer.

How does Rite Aid make money?

Rite Aid’s Retail Pharmacy segment generated the majority of its revenue in Q1 2022, accounting for 69. 30 of the company’s total revenue, amounting to $4. 27 billion. The company’s revenue grew by 6. 08 yearly compared to $4. 01 billion in Q2 2022, but declined by 1. 83 quarterly. Rite Aid Corporation is a leading provider of healthcare services and retail pharmaceutical goods to over 1 million Americans.

Its pharmacy welfare and services company, Elixir, offers advanced technology, settlement software, postal delivery, advanced pharmacy services, network and rebate management, treatment discount programs, and medical insurance for individuals and groups.

Elixir provides pharmacy aids and services to over 3 million customers nationwide. The company is well-positioned with mid-market employers and local health plans looking for an alternative to large, health plan-associated pharmacy benefit managers (PBMs). Elixir’s link with Rite Aid stores allows it to advance its competitive position, deliver excellent retail and mail-order pharmacy facilities, and contribute to positive health outcomes. Elixir presents a significant growth opportunity for Rite Aid.

What is the most a Walmart Cashier can make?

The annual total remuneration for a Walmart cashier ranges from $36, 000 to $50, 000, with an average salary of $37, 988. The median salary is $38, 570, with an additional annual remuneration of $3, 570. Additional remuneration may include cash bonuses, commissions, gratuities, and profit-sharing. The veracity of the total pay range is contingent upon user input, which facilitates the calibration of pay estimates over time.

How much does Rite Aid pay cashiers in Michigan?

The mean hourly wage for a cashier employed by Rite Aid in the state of Michigan is $17. 50, which is 29 times greater than the national average.

What is a good starting salary in PA?

The average salary in Pennsylvania is $77, 664 per year, or $37. 34 per hour, with entry-level positions starting at $41, 600 and most experienced workers earning up to $149, 953 per year. UPS Warehouse Workers/Temporary Cover Drivers work inside as warehouse workers and drive brown trucks to deliver packages to customers.

Taco Bell – Selingsgrove is seeking a Restaurant Cook for full-time or part-time positions in Selinsgrove, PA. The role involves food preparation that meets or exceeds hospitality and service standards, and must be able to prepare all foods to meet quantity.

Why did Rite Aid fail?

Rite Aid, a leading pharmacy chain, has experienced a decline in its market share due to rising healthcare costs and stagnant revenue. The company’s debt has accumulated nearly $3 billion in net losses since 2018, limiting its ability to invest in store renovations. The rise of online threats from Amazon and in-store pharmacies at major chains like Walmart and Kroger further undermined Rite Aid’s competitiveness.

Fitch Ratings analyst David Silverman explains that the company’s limited ability to invest in improvements led to its continued decline. However, the pandemic provided Rite Aid with a temporary boost in business through COVID vaccine sales, which in turn boosted sales of other items.

How old do you have to be to work at Rite Aid in NYC?

In order to be employed at Rite Aid, an individual must be at least 18 years of age. However, due to the sale of alcohol and tobacco products, a preference is given to candidates who are at least 21 years of age. Individuals under the age of 16 are prohibited from performing floor and stocking shelf work duties. Conversely, individuals aged 21 or above are permitted to serve as cashiers, provided they are assigned to handle alcohol and tobacco sales. It is typical for managers to prefer cashiers under the age of 21 in order to avoid any potential issues with the age of the cashier being below the legal age for sales.

How much does a Rite Aid cashier make in California?

The mean hourly wage for a cashier employed at a Rite Aid establishment in the state of California is $24. 23, which represents a 79% premium relative to the national average.

What is the highest Cashier pay per hour?

The highest hourly salary for cashiers is offered in New York, NY, at a rate of $16. 22, followed by Chicago, IL at $16. 22, Austin, TX at $15. 48, Philadelphia, PA at $14. 31, and Atlanta, GA at $14. 15.

Which cashiers get paid the most?

The highest-paying retail cashier positions include checkout personnel, checkers, cashier supervisors, lead cashiers, cashier receptionists, head cashiers, cashier clerks, and valet cashiers. These roles offer salaries ranging from $32, 000 to $54, 000 per year.