Labcorp Raises Minimum Hourly Wage to $15 Per Hour
09/02/2021 - 04:33 PM
BURLINGTON, N.C. --(BUSINESS WIRE)--
Labcorp (NYSE: LH), a leading global life sciences company, today announced it has increased the minimum hourly wage for United States (U.S. )-based, non-union employees to $15 September 2021 .
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210902005851/en/
Photo courtesy of Labcorp
“At the core of our ability to innovate and meet customer and patient needs is the diverse talent that we have across all of Labcorp,” said Adam Schechter , chairman and CEO of Labcorp . “To that end, we will continue to invest in our employees. I am grateful for my colleagues at Labcorp who play such a critical role in delivering on our mission—through our continued fight against COVID-19 and in providing our patients and customers with the answers they need to make clear, confident health care decisions.”
Labcorp has received recognition for its efforts to create an environment that supports the wellbeing of its employees. This includes being honored with a platinum Best Employers: Excellence in Health & Well-being Award by the Business Group on Health , receiving a perfect score on the Corporate Equality Index (CEI) by the Human Rights Campaign (HRC) Foundation , becoming a CEO Roundtable on Cancer Gold Standard employer, and being named to the Forbes World’s Best Employers list.
About Labcorp
Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With more than 70,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $14 billion Labcorp at Labcorp.com , or follow us on LinkedIn and Twitter @Labcorp
View source version on businesswire.com : https://www.businesswire.com/news/home/20210902005851/en/
Media: Christopher Allman-Bradshaw — 336-436-8263
Media@Labcorp.com
Investors: Chas Cook — 336-436-5076
Investor@Labcorp.com
Source: Labcorp
Laboratory Corp. Of America Holdings
NYSE:LH
LH Rankings
#1736 Ranked by Stock Gains
LH Stock Data
Industry
Diagnostic Imaging Centers
Sector
Health Care and Social Assistance
Tags
Health Services, Services to the Health Industry, Manufacturing, Dental Laboratories
Country
US
City
Burlington
About LH
recognized for our innovation, quality, and customer convenience, labcorp delivers timely, accurate results for improved patient care. with scientific expertise in esoteric testing, genomics, and clinical and anatomic pathology, labcorp performs more than one million tests on approximately 400,000 samples each day. labcorp is a pioneer in applying advances in medicine and science to laboratory testing, with more than 35 years of experience in serving physicians and their patients. labcorp operates a sophisticated laboratory network, with corporate headquarters in burlington, nc, and more than 34,000 employees worldwide. our more than 220,000 clients include physician offices, hospitals, managed care organizations, and biotechnology and pharmaceutical companies. laboratory corporation of america holdings is listed on the new york stock exchange (nyse) under ticker symbol lh.
