walgreens pharmacist raise 2022

. Id look at patients and say to them, Id love to fill your prescriptions today, but theres no way I can.. While this data is not yet available for 2022, a contract signed in March by a union of Chicago-area Walgreens pharmacists reflected a similar approach. The number of pharmacists employed in the United States dropped about 1 percent from 2020 to 2021. Behind every good selfie there's a Walgreens mirror or security camera to thank. These and other services are available to team members and their families at no cost, the retailer said. Universities ramped up enrollment in pharmacy programs, leading to a fivefold increase in graduates to roughly 10,000 new pharmacists in the decade that ended in 2007. Whywhy would anyone spend four years of pharmacy school for such a low wage? The Wall Street Journal reported Thursday that typically Walgreen signing bonuses are around . Lets start honestly speaking in USA a pharmacist earned on average $53 per hour isnt it amazing with the lowest of $22.50 to the highest of $94.57. Deerfield-based Walgreens announced Tuesday that it will raise starting wages to $15 an hour for all of its workers by November 2022. Advice for new Walgreens Market Pharmacist? According to the charging document, Walgreens Corp. provided no assistance in response to the floater pharmacist's plea for help. Walgreens has also accelerated implementation of remote and digitalized pharmacy resources to enable pharmacists to spend more time with patients, and to allow all store team members to deliver the best service and care to customers and patients. Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. BY Colin Lodewick. The bonuses come amid an ongoing shortage of pharmacy workers . Breaking Down The Steps, What Is A Process Engineer? Ci The report also shows that unemployment is down to a record 3.5%. You are using an out of date browser. Most other occupations you may start making 5-figures and will work your way up to 6-figures over the course of decades, Pharmacist raises have become joke. In some cases, yes. Wir entschuldigen uns fr die Umstnde. Delivery & Pickup Options - 93 reviews of Walgreens "This place sucks except for 1 important thing. The chains lowered starting pay to $45-50/hr in 2019. Overall, the industry added more than 20,000 technicians an increase of about 5 percent from 2020 to 2021. Automation has further reduced demand for workers many pharmacists now spend far less time processing insurance claims because software does it for them. Walgreens bonuses for pharmacists represent just one facet of the larger strong labor market, with many employers giving out their biggest raises in decades. Shares of Walgreens rose more than 2% on Tuesday. When drugstores have added personnel during the pandemic, they have often added pharmacy technicians, who help fill prescriptions, instead of pharmacists, effectively replacing costly workers with less costly ones. But if they don't give me a raise this yearthen I think it's time to take a long and overdue vacation. enva un correo electrnico a Walgreens said it will cost $450 million over the next three years to increase . If youre going to a hedge fund or investment bank or a tech company, youve done enormously well, said Lawrence Katz, a labor economist at Harvard. Zeekk; May 20, 2017 . The company anticipates that it will partially absorb the investment through the normal course of business. The lucrative . But then again, in 17 years I have only not gotten a raise once, in 2010. Walgreens, one of the country's largest pharmacy store chains, played an essential role in vaccinating and protecting the United States against the COVID-19 pandemic - which disproportionately . You must log in or register to reply here. Aug 31, 2021 at 2:19 pm. Established a working system as how work should flow. USA/ Fraser Engerman, +1 414 308 8321 Walgreens said it . Pharmacy. What is the role of a Pharmacist in a Specialty Pharmacy? Pharmacy is not like this . Si continas viendo este mensaje, . and our Walgreens' first COVID-19 vaccine, one year later Pharmacist and store manager Kate Latta reflects on the year since she gave Walgreens' first COVID-19 vaccine, and what might be ahead. The Wall Street Journal reported Thursday that typically Walgreen signing bonuses are around $30,000 or $50,000. ago. Big drugstore chains often responded by trying to rein in labor costs, according to William Doucette, a professor of pharmacy practice at the University of Iowa. The company later announced that a change in state regulations would allow pharmacy technicians to administer shots. Initial pay hikes will take place in October. While inflation hasnt caused drastic whole purchase habit shifts, consumers have made lifestyle changes such as cooking at home more, buying less produce and participating in loyalty programs. Notice of Privacy Practices | Terms of Use | Online Privacy & Security For the past year, the labor market has been marked by conspicuous shortages, first in food service and hospitality coming out of the pandemic, then among nurses, teachers and other school staff, truck drivers, pilots, and more. The gap is part of a long-term trend made worse by a slowdown in pay gains for middle- and upper-middle-income workers in the 2000s. naar We do not undertake, and expressly disclaim, any duty or obligation to update publicly any forward-looking statement after the date of this release, whether as a result of new information, future events, changes in assumptions or otherwise. Getty Images. "Some of our previously announced investments this fiscal year also provided bonuses to pharmacy technicians who became certified to administer COVID-19 vaccines; as well as enhancements to the annual merit review process to provide compensation increases or lump sum payments for all Walgreens pharmacists," the company noted. When 35-year-old Nicole Arteaga walked into a Walgreens in . More striking was how few pharmacists Walgreens appeared to employ. With many drugstores dispensing coronavirus tests and vaccines while filling hundreds of prescriptions each day, working as a pharmacist became a sleep-deprived, lunch-skipping frenzy one in which ornery customers did not hesitate to vent their frustrations over the inevitable backups and bottlenecks. And with high review scores required for raises Im not holding my breath for a raise anytime soon. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. What is like to be a pharmacist in the military? NEW YORK, June 16 (Reuters) - Walmart Inc (WMT.N) said on Thursday it would increase the average pay of pharmacy workers to more than $20 per hour and offer more frequent and automatic pay raises . A great deal if you want to live in an area that nobody else wants to live in. The job is repetitive so it not challenging to learn. Pharmacists in hospitals/health systems earn the most money, with an average annual salary of $127,700 ($61.41 per hour). They did give my 2 something percent raise in a lump sum that I will get 7/1. All forward-looking statements we make or that are made on our behalf are qualified by these cautionary statements. This salary range includes additional bonuses and compensation as well. CVS and Walgreens said they had made hiring pharmacists a priority during the pandemic CVS said it employed nearly 6 percent more pharmacists today than it did in early 2020; Walgreens declined to provide a figure. I'm not old timey, 6 years, but was basically capped out, my raise equates to 15 cents an hour but now will be eligible for merit raises again. JavaScript is disabled. . once you accept an offer at walgreens can you leave before the contract is up. New comments cannot be posted and votes cannot be cast. om ons te informeren over dit probleem. They raised the threshold and I'm still maxed out. FORTUNE may receive compensation for some links to products and services on this website. A month ago, CVS promised to increase hourly pay to $15 by next summer. Privacy Policy. Last week, the BLS released its latest jobs report, showing that the U.S. economy added 528,000 jobs in July, exceeding analysts predictions and calming fears that a recession is on the horizon. Please enable Cookies and reload the page. Skip to main content Your Walgreens Store. Lamentamos pelo inconveniente. It may not display this or other websites correctly. Trial opened Monday, April 11, 2022 in Florida's opioid epidemic lawsuit against the Walgreens pharmacy . Their salary ranges from $73,000 to $165,000 per year. Its current starting wage is $10 per hour, but the company said around half of its 190,000 hourly workers earn at least $15 an hour. Joined Apr 6, 2010 Messages 833 Reaction score 978. The salary for a pharmacist can vary depending on the years of experience that a person has, from entry level to senior level. (CVS merged with a large benefits manager in 2007.). . Contraception and the Supreme Court: Why CVS, Walgreens allow pharmacists to deny birth control Experts said the Supreme Court may be poised to revisit a standard set in 1977 on how far employers . In the 2000s, wages in the profession surged as the country faced a pharmacist shortage driven by an aging population and a rise in chronic conditions. Si vous continuez voir ce Walgreens also said that it continues to take steps and make investments as part of the companys focus on team member health and well-being, both in the workplace and beyond. Answered February 10, 2023. Powered and implemented by Interactive Data Managed Solutions. 2023 CNBC LLC. The pay is stagnant, yearly raise up to $0.45 per hour that's if you get a raise. Ope you didnt offer a shingrix to that one old lady 6 months ago, thats against policy 12576 subsection 265, buh bye and btw pay us back your bonus! Its not that people are too good to work, its that we know these chains are ripe with deceptive tactics that ensure theyll win in the end. The move comes as retailers compete for workers in a tight labor market. My BFF was fired by Wags about 15 years ago, and they're trying to recruit him back! I beat you by 0.1%! To best meet the needs of customers and patients, Walgreens offers a true omnichannel experience, with platforms bringing together physical and digital, supported by the latest technology to deliver high-quality products and services in local communities nationwide. If you qualify, please update your user profile and check the box marked "Check here to register as an accredited member of the news media". Even the old timers? Terms & Conditions. The 3 Month (100 Day) MCAT Study Schedule Guide: 2022 Edition. Pharmacists are in such high demand that Walgreens is offering a hefty signing bonus of up to $75,000. https://www.businesswire.com/news/home/20210831005614/en/, Team member by day, ninja warrior by night, Recognizing the exceptional value in all our differences. But yeaharen't the 70+/hr guys in high COL areas? Most other occupations you may start making 5-figures and will work your way up to 6-figures over the course of decades . Comparable pharmacy sales increased 6.8 percent in the quarter compared to a year-ago, with prescriptions filled increasing by 6.2 percent, including a positive . Raj Wal; Sep 4, 2015; Replies 11 Views 7K. The estimated base pay is $125,827 per year. It was so mentally taxing, said Dr. Poole, the Tuscaloosa pharmacist. It provided maximum base pay of $64.50 per . USA / Morry Smulevitz, +1 847 315 0517 scusiamo se questo pu causarti degli inconvenienti. Request New; Auto Refills; Drug Info; Getting Started; More Pharmacy Services. How Long Does It Take To Become An Engineer? Extra 15% off $40+ vitamins. In 2018, Suzanne Wommack moved from western Missouri, where she had worked for several years as a pharmacist at a Hy-Vee supermarket, to the eastern part of the state, where she and her husband had relatives. 5.25% this year (to account for inflation) in 2022, and 3.5% and 3% last year (2 raises last year, also to account for inflation) in 2021. Still, none had regrets about the decision to leave. Published Thu, Jun 16 2022 12:06 PM EDT. Disculpa However, because of deteriorating economic . As a subscriber, you have 10 gift articles to give each month. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Nous sommes dsols pour la gne occasionne. A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains CVS . Walgreens is offering bonuses to combat the pharmacist shortage. Those efforts included $640 million in investments for Walgreens team members, including $450 million announced last August as part of the move to $15/hour minimum wage, and an additional $190 million in pharmacist investments this fiscal year. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. View source version on businesswire.com: https://www.businesswire.com/news/home/20210831005614/en/, Media Relations Reddit and its partners use cookies and similar technologies to provide you with a better experience. August 12, 2022, 5:23 PM UTC. This is just going to encourage more prepharms to get a pharmD. Walgreens is hiking pharmacist base pay rate ranges and extending premium pay for pharmacists electing to work additional shifts. Throughout . For more information, please see our August 17, 2022 / 2:51 PM / AP. If you start around $110-$120 , you will remain there more or less for your entire life unless you go into an undesirable role such as rxm or DM. So youre taking a hit anyways right out the gate. #pizzaisntworking has finally worked. 385. Walgreen's Pharmacy pays an average of $2,305 in annual employee bonuses. Pharmacies also faced external challenges. The pharmacy chain is competing with retailers for workers in a highly competitive job market. In addition to driving efficiencies, the micro-fulfillment centers are designed to enhance working conditions by giving pharmacists more time to focus on patient care and provide clinical services; and. JavaScript is disabled. who has created an online platform for colleagues to advocate. Dr. Katz, of Harvard, said the wages of many affluent workers might simply be slower to adjust to inflation than the wages of lower-paid workers. 2/11/2023 Updated review. . I just did an interview with a long term care facility that seemed to go well, and they asked me what I wanted to start at - I said $65/hr. If a Walgreens pharmacist refuses to fill your prescription for pain medication, that denial must now be entered into your online customer profile that can be seen by pharmacy staff at more than 8300 Walgreens . 2% raise? envie um e-mail para At Walgreens, the volume of business was similar, she said, but she was almost always the only pharmacist on duty during her shift, which often ran from 8 a.m. until the pharmacy closed at 8 p.m. I had to quit breastfeeding within a month of starting because I could never pump or eat enough to sustain milk, Dr. Wommack, who had given birth to her third child a few months before taking the new job, said in an email. After his father's death in 1860, Jesse Boot, aged 10, helped his mother run the family's herbal medicine shop in Nottingham, which was incorporated as Boot and Co. Ltd in 1883, becoming Boots Pure Drug Company Ltd in 1888. Previously raises were merit based. On balance, employers did not raise wages in fact, median pay fell slightly, even without adjusting for inflation. Weekly Ad. Customers and employees (past and present) are welcome to vent, rant, ask questions, and share stories. I was 4,000 pounds lighter the moment I sent my resignation email in, said Dr. Wommack, who left the company in May 2021 and now works at a small community hospital. I'm not old timey, 6 years, but was basically capped out, my raise equates to 15 cents an hour but now will be eligible for merit raises again. Yep - min in southeast was bumped to $55/hr (Carolinas), My DM just called me during my overnight shift to inform me of the pay increase, I legit almost cried its a 13 dollar increase. In 1920, Jesse Boot sold the company to the American United Drug Company. The minimum wage is already $15 in at least nine states and Washington, D.C. And the average hourly pay in restaurants and grocery stores across the country has reached $15. In August 2020, Dr. Wommack, the Walgreens pharmacist in Missouri, got Covid. These risks, assumptions and uncertainties include those described in Item 1A (Risk Factors) of our Annual Report on Form 10-K for the fiscal year ended August 31, 2020 and in other documents that we file or furnish with the Securities and Exchange Commission. The bonus amount doesn't really surprise me all that much but only requiring a 1-year commitment? Operating more than 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Y'all, I just got (and I assume others) an $8.40/hour raise due to the mass exodus of pharmacists. But pharmacists illustrate how slow wage growth can point to a longer-term shift that renders once sought-after jobs less rewarding financially and emotionally. Got a 2.6% raise. Press question mark to learn the rest of the keyboard shortcuts. As for the medication she had taken for depression and anxiety while at Walgreens, she said, Shortly after I stopped working there, I stopped taking those pills., https://www.nytimes.com/2022/08/20/business/economy/pharmacists-job-inflation.html. Offers may be subject to change without notice. Morgan's state medical license was suspended for over-prescribing . Pharmacy chains Walgreens and CVS also raised minimum wages to $15 per hour and doled out sign-on bonuses over the past year. WATCH LIVE. Currently $60.55/hr in the midwest. Aug 11, 2022, 12:50 PM. Beyond the stores, Walgreens shared that it is continuing to deliver on other important initiatives with a focus on caring for its team members, listening to their feedback and improving both the team member and customer experience. I got an $0.83/hr kick in the dick after working for 8 years, 7 of which had salary freeze in effect. This is the equivalent of $1,850/week or $8,020/month. (Pharmacists typically take two or three years of college-level prerequisites before earning a four-year professional degree.). CVS said it made staffing decisions to ensure the safe and accurate filling of prescriptions.. UPDATE 2-Walgreens to raise minimum hourly wage to $15 for all staff . Internal emails raise questions about government's investigation into Walgreens privacy breach. Usually paid out/tied to 2-4 installment dates. I still feel underpaid for the amount of bs CVS throws at me. CVS's proposal is to increase your hourly pay to $ 15 from $ 11 by July 2022, with staggered increases starting this month. Its a trap dont do it. Looks like a year of indentured pgy-1 servitude pays off in the long-run. DEERFIELD, Ill., August 31, 2021 - Walgreens is further investing in its hourly team members who provide trusted care and services in communities across the U.S. Walgreens will increase the starting hourly wage for all team members to $15.00 an hour, taking effect in phases beginning in October of this year and are expected to be fully implemented by November 1, 2022. 2023 Fortune Media IP Limited. Here is a brief distribution of salary by specific job positions you can decide what type of pharmacist you want to be whether it be in retail setup or hospital or in clinical settings it depends on your interest so decisions about your specialty as a pharmacist different states have different salaries it depends on the demand and supply rule inflation rate and living expenses also play a role one has to get board certifications for specific states in which he wishes to work you can check specific requirements online or by contacting your university. These are further recognition of our pharmacists hard work, dedication and commitment and the critical role they continue to play in caring for our customers and patients, the company said. The drugstore chain said it expects it will be able to offset the impact of the investment in the normal course of its business. An accountant with 0-2 years of experience earns an average salary of $103,838, a mid-career professional with 3-6 years of experience makes $118,968 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $121,392. Aug. 11, 2022 10:20 am ET. Als u dit bericht blijft zien, stuur dan een e-mail Walgreens said it will cost $450 million over the next three years to increase its pay. Text. Last pay raise was in 2016 and have not seen a single dime since then . Techs have gotten good increases but I'm glad cause I used to be one and started at $9/hr. Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter Subprime auto lender folds as more Americans fall behind on car payments, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. It closed a few hundred more over the next three years. The average Walgreens pharmacist salary for the year 2022 is $115,526 a year. The place is too small for the amount of crap they have stuffed into it. The nation's largest pharmacy operator, Woonsocket, R.I.-based CVS noted . This consolidation generated large fees for workers at the top of the income ladder financiers and corporate lawyers but slowed the growth of retail outlets where pharmacists could find employment. While this data is not yet available for 2022, a contract signed in March by a union of Chicago-area Walgreens pharmacists reflected a similar approach. After striking a deal in 2017 to acquire roughly 2,000 Rite Aid stores, Walgreens shut down more than 500 locations. Pharmacists carry the weight of the pharmacy on their shoulders, said Bled Tanoe, a former Walgreens pharmacist who has created an online platform for colleagues to advocate better working conditions. A survey of pharmacy technicians from Ohio's pharmacy board this month revealed that 60 percent of the 2,560 respondents felt their workloads didn't allow them to provide for patients safely. I am extremely proud and grateful of the work our team members are doing across our 9,000 Walgreens locations serving our customers, patients and communities each and every day, said Roz Brewer, CEO, Walgreens Boots Alliance. They expected the techs to transition into that role, Dr. Knolhoff said. "Walgreens' calculated total revenue potential for Dr. Morgan in 2016 was $1.7 million.". It used to be you started much less (like $10 an hour) and could work your way up to match retail, now I think hospital starts out relatively equal and has a much higher ceiling. I have been maxed out for more than 7 years. Apr 2, 2022 #27 . I've always earned great reviews, but the yearly raise is minimal. CVS and Rite Aid also took steps to prevent further violations. Maybe you heard theres a labor shortage going on? Sep 7, 2015. wagrxm2000. Wag gave a performance raise last year if you met a certain review score. to let us know you're having trouble. Its pretty much one of the few professions in which you start out high and stay at around the same salary for an entire career . A lot of the makeup has been "sampled". AT CAREER EXPLORER, WE LET YOU EXPLORE THE LATEST CAREERS AND BRING YOU THE LATEST SALARIES OF DIFFERENT PROFESSIONS ALL AROUND THE GLOBE. Know your worth and expect more if you do more. Walgreens will raise its starting pay to $15 an hour beginning in October, as employers across the United States continue boosting wages . No raise since I was hired in 2018. ein Mensch und keine Maschine sind. This was my last trip to this pharmacy. Every day, I was like: I hope I dont kill anyone.. Since it requires only a 1-year commitment, I bet it's like 75K spread across 7-8 years or something and guarantee like a 10K bonus the first year. Extending sign-on bonuses for pharmacists and pharmacy technicians. At Hy-Vee, Dr. Wommack worked with one or two other pharmacists for most of the day. All Rights Reserved. Walgreens is hiking pharmacist base pay rate ranges and extending premium pay for pharmacists electing to work additional shifts. CLOSED "Good prices when sales are going on- somehow the prices on things seem closer to reality than the overpriced CVS in the same vicinity; that being said it can't compete with Target, but for convenience when you need something right away in LB, it's worth checking out Walgreens." Isn't $45/hr minimum wage in your neck of the woods. The wage increase is expected to be fully implemented by Nov. 1, 2022. HelpfulNot Helpful. Accordingly, you should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. You are using an out of date browser. real person. Your local CVS, Walgreens, RiteAid or grocery store retail pharmacist wears many hats: filling prescriptions, answering questions about medications and COVID-19 over the phone and in person, and ad Walgreens has instituted bonus payments and a significant hiring initiative, adding 25,000 full-time and part-time pharmacy team members since the beginning of the pandemic. It was well timed to take labor pressure off the franchise, Mr. Valiquette said in an interview. The wage hike is one of Brewer's first initiatives since becoming CEO. Walgreens has released a statement defending its pharmacist's right to decline to fill a prescription on ethical or religious grounds. You must log in or register to reply here. It may not display this or other websites correctly. According to documents provided by a former CVS pharmacist, managers are motivated by bonuses to stay within these aggressive targets. "Selected markets" is the key.they are paying bonuses for stores in areas where nobody wants to live. Reactions: 1 user VA77 Full Member. Onze (Like many retail pharmacists, the union members also receive bonuses.). DEERFIELD, Ill., August 31, 2021 - Walgreens is further investing in its hourly team members who provide trusted care and services in communities across the U.S. Walgreens will increase the starting hourly wage for all team members to $15.00 an hour, taking effect in phases beginning in October of this year and are expected to be fully implemented by November 1, 2022. questo messaggio, invia un'email all'indirizzo The retailer remains on track to open nine centers by the end of the fiscal year, which will serve more than one-third of our footprint. By Tom Murphy. Im going to guess no but cant state it with certainty. It added like 40 bucks to my paychecks. He told us to fill them anyway." . enviando un correo electrnico a What is the Walgreens Pharmacist Salary In Cities Of the U.S? W. Z. Haven't got my performance eval at the corner, yet. But a broad swath of workers in between has lagged behind. They'll give a rando $75,000, but my reward for staying there 6 years is a $2.55 raise Hmm that "UP to" is sending mixed signals. But by the 2010s, the market for pharmacists was cooling thanks to some of the same factors that have weighed on other middle-class professions. Pharmacy is not like this . We are sorry for the inconvenience. message, contactez-nous l'adresse 1.5% the last 3 years. We and our partners share information on your use of this website to help improve your experience. And Walgreens was not the only pharmacy chain to take action after 13 Investigates found customers' personal health care information in the drugstore dumpsters. Saw a compass project that said every pharmacist, regardless of your review, will be eligible for a raise or lump sum payout at the end of fiscal year. As of 2021, the median pay for a pharmacist in the U.S. was $128,570, according to the Bureau of Labor Statistics (BLS), with an estimated 322,200 total positions across the country. Walgreens is offering bonuses to combat the pharmacist shortage. Recently rival CVS Health offered a raise to the minimum wage and eliminated education requirements to try to become workers. Pharmacists are in such high demand that Walgreens is offering a hefty signing bonus of up to $75,000. per informarci del problema. Pay increase recognizes the critical role of team members in serving customers, patients and communities. Even when we'd raise flags, our pharmacy manager didn't care. (CVS said it retained 95 percent of the employees from the stores it closed this year.). Delivery & Pickup Options - 19 reviews of Walgreens - Temp. Total investment to support the starting wage increase is anticipated to be approximately $450 million over the next three years, with one-third of the amount invested in Fiscal Year 2022. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Create an account to follow your favorite communities and start taking part in conversations. Walgreens has been evolving along with the pharmacy profession for over 120 years, so we know what it takes to stay ahead of current trends and help our patients live well every day. You can receive a very high evaluation, and yet receive only a .10 or less raise. An In-Depth Guide To This Crucial Role, How To Become An Electrical Engineer: The Step-By-Step Guide, How to Become A Welder In Massachusetts: The Ultimate Guide, How To Become A Welder In Lees Summit: Step-By-Step Guide. But I'm not near the top of retail pay. After I put in my notice (for MANY . Their salary ranges from $73,000 to $165,000 per year. However I've reconsidered and now interpret it as: "Hey guys don't quit yet! Cautionary Note Regarding Forward-Looking Statements: All statements in this release that are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.