No. 28 | CVS Health
Karen S. LynchPresident and CEO
“I’m passionate about fostering a culture where our differences and similarities are celebrated, and every person has an equal opportunity to contribute and advance their careers. Our colleagues represent the communities we serve and bring unique ideas, experiences and skills that are necessary to fulfill our purpose: Bringing our heart to every moment of your health.”
From The Company
At CVS Health, we know that our diverse workforce is our company’s greatest strength. It reflects the communities we serve and brings unique ideas, experiences and skills that are necessary to fulfill our purpose: Bringing heart to every moment of your health. As of the beginning of 2022, over 70% of CVS Health’s workforce identifies as female and 58% identify as racially or ethnically diverse.
Together, our 300,000 employees join forces daily to help people navigate the health care system — and their personal health care — by improving access, lowering costs and being a trusted partner for every meaningful moment of health.
As an equal opportunity employer, CVS Health is dedicated to building a workplace where every person is welcome, every person is valued and every person can fulfill their potential. We are also committed to meeting the unique needs and expectations of our customers through our diverse services, products, marketing and communications. Our strategic diversity framework touches every aspect of the business and considers every population we serve.
Through our workforce development programs, CVS Health leverages recruitment and training systems to target youth, mature workers, veterans, individuals with disabilities and others facing barriers to providing access to gainful employment. To help those reintegrating into society after a history of incarceration, we collaborate with community organizations to train, recruit and mentor job seekers with a criminal record. In 2021 we hired over 4,000 individuals through these ‘second chance’ efforts.
To connect excellent students with promising career pathways, CVS Health conducts outreach at college campuses to recruit hardworking students into valuable positions. In 2021, CVS Health expanded our college recruiting efforts from 11 HBCUs and 44 HSIs to include 87 HBCUs and 90 HSIs, deepening our pool of diverse talent.
CVS Health’s employee-led Colleague Resource Groups (CRGs) drive a culture of inclusion. More than 26,000 individual colleagues participate in 16 CRGs, with over 81 local chapters across the country. Our newest CRG, Mental Well-Being, launched in 2021 and already boasts more than 1700 members. CRGs enable our employees to develop and grow professionally, while also providing the opportunity to connect with one another through a particular affinity, culture or perspective.
We also have a Diversity Management Leadership Council (DMLC), a group of cross-functional senior leaders who are accountable for implementing diversity management in their respective parts of the business, serving as peer coaches and internal and external champions.
CVS Health’s nationally recognized supplier diversity program helps support businesses owned by women, people of color, veterans and service-disabled veterans, people with disabilities, LGBTQ+ people and people who are traditionally disenfranchised. In 2021, we spent over $2.9 billion with diverse suppliers and over $1.6 billion with small businesses.
U.S. Headquarters: Woonsocket, RI
U.S. Employees: Approximately 300,000
2021 DiversityInc Top 50 Ranking: No. 26
Official Company Socials:
Facebook: CVS Health
LinkedIn: CVS Health
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Other DiversityInc Lists
No. 8, Top Companies for Talent Acquisition for Women of Color
No. 8, Top Companies for Employee Resource Groups (ERG)
No. 12, Top Companies for Native American/Pacific Islander (NAPI)