Company Redesigns Annual Incentive to Include a Disability Representation Metric; Forms Partnership with Neurodiversity in the Workplace™
DEERFIELD, Ill.--(BUSINESS WIRE)-- Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced it is strengthening its commitment to increasing the representation of people with disabilities at all levels across the company’s U.S. segments and redesigning its annual bonus plan in the U.S. to include a disability representation metric to drive this commitment. The company will be the first in the S&P 500 to include disability representation as a separate, standalone metric within a disclosed incentive plan.
The goal is a core component of the company’s expanded U.S. health equity performance goal, which focuses on positively impacting key areas of health and wellbeing, especially for disproportionally impacted, underserved communities, including women, people of color and people with disabilities.
“We are very proud of our pioneering leadership in disability inclusion,” said Holly May, executive vice president and global chief human resources officer, Walgreens Boots Alliance. “By increasing our representation of people with disabilities, we are continuing to unlock a critical talent pipeline, providing sustainable work to this underrepresented community, and as such helping to address a number of social determinants of health including economic instability, social isolation and unemployment.”
To further support these efforts, the company has formed a partnership with Neurodiversity in the Workplace™ (NITW), which designs plans and programs for companies to recruit, attract, hire and retain neurodiverse talent. The first cohort is expected to begin work at WBA’s global support office in Deerfield, Ill., in early 2023.
According to the U.S. Bureau of Labor Statistics, employees with disabilities are three times more likely than employees without disabilities to be unemployed. Additionally, a recent report from the Center for American Progress found that nearly 14 million people with disabilities would have been working in 2021 if they were employed at the same rate as those without a disability.
"Recognizing and removing the barriers that neurodivergent job seekers and employees face creates a stronger, more inclusive workforce," said Joseph Riddle, director, Neurodiversity in the Workplace. “For years, Walgreens has been an industry-leader in hiring disabled people, and we are proud to continue that work with them via this partnership.”
These new initiatives build upon Walgreens long-standing commitment to hiring people with disabilities and complements the company’s existing and industry-leading retail and distribution center programs – Retail Employees with Disabilities Initiative (REDI) and the Transitional Work Group (TWG) program. The REDI program began in Dallas, Texas in 2010 and expanded nationally in 2012. TWG began in 2007 at a Walgreens distribution center in Anderson, S.C., has since expanded to 12 Walgreens distribution centers and is now being implemented across Walgreens microfulfillment centers.
About Walgreens Boots Alliance
Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities.
A trusted, global innovator in retail pharmacy with approximately 13,000 locations across the U.S., Europe and Latin America, WBA plays a critical role in the healthcare ecosystem. The company is reimagining local healthcare and well-being for all as part of its purpose – to create more joyful lives through better health. Through dispensing medicines, improving access to a wide range of health services, providing high quality health and beauty products and offering anytime, anywhere convenience across its digital platforms, WBA is shaping the future of healthcare.
WBA employs more than 325,000 people and has a presence in nine countries through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. Additionally, WBA has a portfolio of healthcare-focused investments located in several countries, including China and the U.S.
The company is proud of its contributions to healthy communities, a healthy planet, an inclusive workplace and a sustainable marketplace. WBA has been recognized for its commitment to operating sustainably: the company is an index component of the Dow Jones Sustainability Indices (DJSI) and was named to the 100 Best Corporate Citizens 2022.
More company information is available at www.walgreensbootsalliance.com.
(WBA-GEN)
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WBA Media Relations
Candace Johnson
Candace.Johnson@wba.com
Source: Walgreens Boots Alliance