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Chapter 19: CVS: “Fired Up” about Social Responsibility: 19-6a Employees Book Title: Business Ethics: Ethical Decision Making and Cases Printed By: Kennisha Holloman (kholloman@grantham.edu) © 2019 Cengage Learning, Cengage Learning

19-6a Employees

CVS implemented the Values in Action program for employees, giving them a chance to

recognize colleagues through online reward systems. Peers can nominate each other

across the company for leadership traits and other commendable accomplishments. Each

nomination grants points, which can be redeemed for merchandise, travel, and more.

Programs like these let employees know they are valued and empower them in their

commitment to CVS. The Values in Action Breakthrough Awards is an annual company-

wide broadcast that honors specific individuals exemplifying the company’s values in

innovation, collaboration, caring, integrity, and accountability.

CVS focuses strongly on compliance and integrity training for employees. The compliance

and integrity training for employees is led by a compliance officer. Regular compliance

education and training programs, a confidential 24/7 ethics hotline, and an efficient audit,

response, and prevention process are components that make this program comprehensive.

The company also supports the development of employees through professional

development training sessions. The purpose of such training is not only to keep employees

current on new technologies and processes but also to help them advance in their careers

within the company.

Chapter 19: CVS: “Fired Up” about Social Responsibility: 19-6a Employees Book Title: Business Ethics: Ethical Decision Making and Cases Printed By: Kennisha Holloman (kholloman@grantham.edu) © 2019 Cengage Learning, Cengage Learning

© 2020 Cengage Learning Inc. All rights reserved. No part of this work may by reproduced or used in any form or by any means - graphic, electronic, or mechanical, or in any other manner - without the written permission of the copyright holder.