CVS Caremark Corp Salary

CVS Caremark Corp Salary

How much does the CVS Caremark Corp Pay for employees?

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As of July 2026, the average annual salary for employees at CVS Caremark Corp in the United States is $117,262. This translates to an approximate hourly wage of $56. Salaries at CVS Caremark Corp typically range from $102,925 to $132,975 annually, reflecting the diverse roles and experience levels within the company. CVS Caremark Corp’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does CVS Caremark Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at CVS Caremark Corp. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at CVS Caremark Corp

Ready for your next career move? Explore current job openings at CVS Caremark Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is CVS Caremark Corp’s Pay Competitive? Salary Benchmarking Analysis

How does CVS Caremark Corp’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
CVS Caremark Corp
Retail & Wholesale
Roundy's Inc
Calvin Klein Inc
Industry Comparison
Our data shows that, on average, compensation at CVS Caremark Corp is below the average for the U.S. Retail & Wholesale industry by approximately 5%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared CVS Caremark Corp average annual salary with several similar companies. CVS Caremark Corp average salary of $117,262 is lower than Roundy's Inc, which has an average salary of $123,717. It is lower than Calvin Klein Inc, with their average salary at $134,202. This places CVS Caremark Corp in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How CVS Caremark Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at CVS Caremark Corp. Click a company name to learn more.

Employee Reviews: Working at CVS Caremark Corp

Considering a career at CVS Caremark Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Coworkers are collaborative, and there’s a strong emphasis on teamwork. Great place to work with a focus on teamwork. The management team is hands-on and values employee input.
Commented in March 16, 2025
30
0
A progressive retail employer. The workload varies but is generally manageable. The benefits package is a strong advantage. The workplace culture is positive, with team-building activities and recognition for hard work. The retail space is modern and well-organized.
Commented in March 11, 2025
35
0
The Wholesale team is efficient, and the company provides good resources. The company fosters a positive and inclusive work environment. It’s a motivating place to work. Compensation is fair, with regular performance reviews to ensure growth.
Commented in December 24, 2024
47
3
The company values its employees and fosters a positive work environment. The team is talented and works well together, creating a productive atmosphere. While not the most innovative, it’s a stable place to work. I’d recommend this workplace to anyone looking for stability and growth. The wholesale division is well-managed, and communication is clear. The retail team works well together, and ther...
Commented in June 30, 2024
11
3
It’s a great place for those who want stability and growth in wholesale/retail. It’s a typical retail job with steady hours. The company provides necessary resources, and the workload is manageable.
Commented in March 11, 2024
47
3

CVS Caremark Corp Overview

Website
www.caremark.com
Founded In
Data pending, update soon.
Employees
7,500 - 15,000 employees
Industry
Retail & Wholesale
Headquarter Address
1 Cvs Dr Woonsocket Rhode Island RI 02895
Revenue
$10 Million - $50 Million
Phone Number
+1 8476347900
Social Media
About CVS Caremark Corp
CVS Caremark, headquartered in Woonsocket, Rhode Island, and established in 1993, is a prescription benefit management subsidiary of CVS Health. They provide benefit management and mail order pharmacy services to employers, health insurance companies, and other health benefit program sponsors.

What Benefits Does CVS Caremark Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. CVS Caremark Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Woonsocket?

Understanding the cost of living near Woonsocket is key to truly evaluating a salary offer or your current compensation at CVS Caremark Corp.
Woonsocket's Cost of Living Index is approximately 98.3 (1.7% less expensive than US average; 9.4% less than RI average). Northern RI city, historic mills, affordable housing. RIPTA bus. When planning your budget based on a salary from CVS Caremark Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of CVS Caremark Corp salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (RIPTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,430 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of CVS Caremark Corp

1. What is the typical salary range (low to high) for most roles at CVS Caremark Corp?

The typical annual salary range for most roles at CVS Caremark Corp is approximately from $102,925 to $132,975. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does CVS Caremark Corp pay compared to Roundy's Inc?

The average annual salary at CVS Caremark Corp is $117,262, or an hourly wage of $56, in comparison to Roundy's Inc which pays $123,717 per year or $59 per hour.

3. Do salaries differ significantly between departments at CVS Caremark Corp?

Yes, salaries often differ between departments at CVS Caremark Corp due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at CVS Caremark Corp?

Experience level is a significant factor in determining salary at CVS Caremark Corp, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from CVS Caremark Corp in Woonsocket is fair given the local cost of living?

To determine if a salary offer from CVS Caremark Corp in Woonsocket is fair, first compare the gross salary to our data for similar roles at CVS Caremark Corp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Woonsocket" to understand its purchasing power.

6. Are the salaries listed for CVS Caremark Corp on Salary.com pre-tax or after-tax?

All salary figures displayed for CVS Caremark Corp, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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