Indiana is one of seven states to join a program created by CVS Health Corp. (NYSE: CVS) designed to increase the number of apprentices throughout the country. The company says the expansion of its Registered Apprenticeship program will help reach its goal of hiring 5,000 new apprentices by 2022.
The program is now available in 18 states. In addition to Indiana, the new states joining the program include Arizona, Hawaii, Illinois, Iowa, Massachusetts and Pennsylvania. CVS says the program will provide participants with structured training to maintain a high level of skills needed in careers such as pharmacy care and prescription benefit management.
The company says it will also give participants a nationally-recognized credential to help them with career advancement.
"The widening skills gap in the U.S. is a significant business concern, and companies – large and small – are seeing this workplace strategy that combines on-the-job training with classroom instruction as a viable solution to build a pipeline of future skilled talent," said Lisa Bisaccia, chief human resources officer for CVS Health. "Meaningful work and a defined career track can provide a source of dignity, pride and identity, which participants are able to gain through our Registered Apprenticeship programs."
The announcement of CVS Health’s new apprenticeship goal coincides with The U.S. Department of Labor’s National Apprenticeship Week. The company launched its Registered Apprenticeship program in 2005 and, to date, has had more than 4,700 participants on career tracks for retail pharmacy, prescription benefit management and retail store management.