Navigation Links
CVS Caremark Presents at NCOA-ASA Conference on Company's Commitment to Recruiting and Retaining Mature Workers
Date:3/28/2008

Discussion focuses on innovative programs, partnerships, and

intergenerational mentoring in the workplace

WOONSOCKET, R.I., March 28 /PRNewswire/ -- Today CVS Caremark, a leader in developing innovative workforce programs to recruit and retain employees, was joined by other business leaders at the 2008 NCOA-ASA Aging in America Conference in Washington, D.C. for a discussion on the multigenerational workforce and the importance of mature workers.

Michael Ferdinandi, Senior Vice President, Human Resources and Corporate Communications, CVS Caremark, co-presented the session "Seizing Business Opportunities with the NEXT Workforce" at the NCOA/MaturityWorks Alliance Workforce Summit. Mr. Ferdinandi spoke about the company's mature worker initiatives, including creative and flexible benefits options, a welcoming work environment encouraging career advancement at all levels, and strategic public-private partnerships.

By 2010, almost one in three workers will be at least 50 years of age, and as baby boomers continue to approach retirement age, the pool of replacement workers will not be large enough to meet employers' labor demands. Mr. Ferdinandi discussed how CVS Caremark has developed workplace solutions to retain skilled mature workers and recruit and train the next generation of employees. In the past decade, the company has forged innovative partnerships with local and national agencies and organizations in order to actively recruit employees including mature workers, and now roughly one in five employees is age 50 and older. CVS Caremark also offers substantial training, convenient locations, and flexible work schedules -- including a snowbird program that enables employees to shuttle between different store regions on a seasonal basis.

"CVS Caremark prides itself on developing innovative workforce development partnerships and programs, and opening up customized hiring and job training opportunities that match company and community needs," said Mr. Ferdinandi. "The strength of our company is in our talented and diverse workforce, and our mature workers bring to us a lifetime of experience, a wide range of skills, a commitment to customer service, and an eagerness to mentor our younger associates."

Mr. Ferdinandi also revealed the results of a survey on mentoring in the workplace among CVS pharmacists age 50 and over. The study shows that senior pharmacists view mentoring as personally rewarding, especially when mentoring college students and apprentice pharmacy technicians. The study, conducted by University of Vermont Business Professor Barbara McIntosh for CVS Caremark, also shows that senior pharmacists who are interested in mentoring depend on having proper mentor training in order for the mentoring to be successful.

These results help reinforce the value of CVS Caremark's Senior Pharmacist Legacy Mentoring Program, which uses the talent and experience of senior pharmacists, working and retired, to mentor apprentice pharmacy technicians and high school and college students in order to cultivate and reinforce their interest in entering pharmacy careers. The company piloted the program in Chicago in 2006 and will expand the successful program to Atlanta and Tampa next year. As the program continues, outcomes will be formally evaluated, and a tool kit will be developed to allow replicating the project across the country and in other allied healthcare professions.

"In this multi-generational workforce, companies should consider implementing a formal mentoring program to help attract young adults to the profession, retain experienced employees who are at retirement age, and transfer the knowledge and expertise of older workers to young adults," said Dr. McIntosh. "As the study shows, a formal mentoring program is also important in providing mature workers with the tools needed to become successful mentors."

About CVS Caremark

CVS Caremark is the largest provider of prescriptions and related health care services in the nation. The Company fills or manages more than 1 billion prescriptions annually. Through its unmatched breadth of service offerings, CVS Caremark is transforming the delivery of health care services in the U.S. The Company is uniquely positioned to effectively manage costs and improve health care outcomes through its 6,300 CVS/pharmacy stores; its pharmacy benefit management, mail order and specialty pharmacy division, Caremark Pharmacy Services; its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. General information about CVS Caremark is available through the Investor Relations portion of the Company's website, at http://investor.cvs.com, as well as through the pressroom portion of the Company's website, at http://www.cvs.com/pressroom.

Contacts:

Carolyn Castel Sara Steindorf

CVS Caremark Weber Shandwick Worldwide

(401) 770-5717 (617) 520-7259

CCastel@cvs.com SSteindorf@webershandwick.com


'/>"/>
SOURCE CVS Caremark
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Attorney General Corbett Announces $36.7 Million Multi-State Settlement With CVS/Caremark in National Dosage-Switching Investigation
2. CVS Caremark Corp. to Pay $36.7 Million to U.S., 23 States, & D.C. to Settle Medicaid Prescription Drug Fraud Allegations
3. CVS Caremark All Kids Can Program Announces the Opening of a Boundless(TM) Playground in Dallas to Serve Children of all Abilities
4. Pennsylvania Attorney General Corbett Announces Multi-State Settlement With Caremark
5. CVS Caremark All Kids Can and Scholastic Distribute Free Educational Guides in Schools to Champion Acceptance and Build Self-Esteem among Second Graders
6. CVS Caremarks Howard McLure Elected New PCMA Board Chairman
7. CVS Caremark Celebrates American Pharmacists Month by Thanking Its 20,000 Pharmacists
8. Caremark Pharmacy Services Receives New URAC Pharmacy Benefit Management and Drug Therapy Management Accreditations
9. RNR Public Relations Presents Perfect April Fools Day Feature Opportunity
10. New Jersey Hospital Association Presents Awards for Commitment to Healthcare
11. Brain stress system presents possible treatment
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/11/2016)... ... , ... The president released a FY 2017 budget request on Tuesday that ... the cost burden to military beneficiaries. , MOAA’s president, retired Air Force Lt. ... including limited quantifiable benefit fixes mixed with numerous beneficiary fee hikes. , “We were ...
(Date:2/11/2016)... ... 2016 , ... The Chartis Group, a national advisory services ... the “2015/2016 Best in KLAS: Software and Services” report in two categories: IT ... insights firm on a global mission to improve healthcare delivery by amplifying the ...
(Date:2/11/2016)... (PRWEB) , ... February 11, 2016 , ... ... to reverse diabetes has been gearing up for their simultaneous grand openings in ... It’s about right now that you’re probably wondering, is reversing diabetes possible? According ...
(Date:2/11/2016)... (PRWEB) , ... February 11, 2016 , ... ... advocates will discuss how to improve care by making data on heart procedures ... disease. The Summit on Transparency and Public Reporting of Pediatric and Congenital Heart ...
(Date:2/11/2016)... ... February 11, 2016 , ... Thermi™, a world leader ... to announce the promotions of Allison Kelly to executive vice president of the ... vice president of North American capital sales, and Wendy Oseas to vice president ...
Breaking Medicine News(10 mins):
(Date:2/11/2016)... , Feb. 11, 2016 Potrero Medical, Inc., ... pleased to announce the appointment of George M. Rapier, ... San Antonio, TX , WellMed is one of ... 200,000 patients and HMO members in Texas ... in 1990 out of his own internal medicine practice, he ...
(Date:2/11/2016)... , Feb. 11, 2016  NOIT™ Research LLC, a ... "Gift of Change" campaign to assist needy families in ... such unit sold between February 10, 2016 and March ... a needy family. The NOIT is an auditory stimulus ... individuals develop language skills. Beth Shier ...
(Date:2/11/2016)... , Feb. 11, 2016  MiMedx Group, Inc. ... utilizing human amniotic membrane and other birth tissues, human ... to develop and market advanced products and therapies, announced ... Markets, 2016 Global Healthcare Conference in New ... and CEO, Michael J. Senken , Chief Financial ...
Breaking Medicine Technology: