Great company that is likely to be an important player in shaping future of healthcare in America
Pros
CVS Caremark is in a fast-growing sector that will continue to benefit regardless of political party in power in Washington. The combination of a top tier PBM such as Caremark with a leading retail pharmacy like CVS shows that management is thinking about the future and how they can shape that future of healthcare in America. The compensation is good but not great. The compensation, benefits, time off policies will depend very much upon the particular division or group that you are employed in, though I was happy with mine (Caremark legacy group). The integration of CVS and Caremark is ongoing and there is some work to do.
Cons
CVS Caremark is in an industry that, although it is in the business of healthcare, many people, including politicians, seem to take certain financial aspects of the company out of context to show "greed". I am confident in saying that CVS Caremark as a company does try to improve people's healthcare and doesn't have company policies in place that would in any way jeopardize health; however, it is such a large company with many employees, and some of those employees may take shortcuts occasionely to reach goals. The compensation is good, not great, and I've heard that the corporate office can be a tough environment.