There are more pharmacist that want to be "clinical pharmacists" than there are jobs, so they don't need to offer as high of a salary to fill the job. Clinical specialist: working in a specific unit of the hospital. How Much Does a Pharmacist Make Annually? As more people get medications delivered to their homes, there may be less of a need for retail pharmacists. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Pharmacist - Retail in the United States. Most retail and clinical pharmacy opportunities are full time, though work hours depend on the setting. Certification is also an option, although not required for practice. But there are evening, night, and weekend differentials along with more vacation time and opportunity for overtime pay. As some states require certification and some do not, it is relatively easy to obtain a position in the retail sector, such as in the big box store pharmacy or the smaller discount chain drug stores. The salary gap between a pharmacy owner and an employed pharmacist has almost vanished. Then I graduated in 2018. Not far behind was the $130,001 - $140,000 pharmacist salary range, with 17% of respondents reporting this as their income. There is very good reason for this: hospital pharmacy technicians earn about 20% higher salaries than retail pharmacy technicians. This is interesting since the majority (63%) of pharmacists in Australia work in the community setting, compared to only 18% who work in hospital pharmacy, so student ambitions do not match the current workforce requirements. Pharmacists working in hospitals tend to work the most irregular hours due to hospitals not closing. The average annual salary for all pharmacists was $125,510 in 2019, according to the BLS. Retail pharmacies and hospitals are the largest employers of pharmacy technicians in the country. Salaries differed slightly according to the type of hospital. The difference in salary between retail and clinical pharmacy can vary by experience and the state in which a pharmacist is employed. Then I graduated in 2018. What Are the Steps That You Need to Take to Be a Pharmacist? However, retail pharmacists can make more than clinical pharmacists in general merchandise stores, as well as with differences in experience. The salary gap between a pharmacy owner and an employed pharmacist has almost vanished. In some cases, the difference can be as much as 20%! U.S. News & World Report Pharmacist Salaries. The study indicates that CVS Caremark offered the highest retail salaries, with Rite Aid and Kroger close behind. Bureau of Labor Statistics: 29-1051 Pharmacists, American College of Clinical Pharmacy: About Clinical Pharmacists, Bureau of Labor Statistics: Clinical Pharmacist Salary, Role of the Pharmacist in Clinical Pharmacy. Retail pharmacists promoted to pharmacy managers oversee staff and piles of paperwork, such as insurance, Medicaid and workers' compensation reimbursements. Walgreen’s offered the lowest retail salaries of 10 companies listed. Visit PayScale to research hospital pharmacist hourly pay by city, experience, skill, employer and more. Pharmacists who worked in general medical and surgical hospitals earned $127,370, while the average retail pharmacy salary varied from $123,620 in health and personal care stores to $129,040 in general merchandise stores. Additionally, the PDI predicts that growth in hospitals, non-retail settings, and physician’s offices will outpace mail and retail pharmacy. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. Additionally, the PDI predicts that growth in hospitals, non-retail settings, and physician’s offices will outpace mail and retail pharmacy. The majority of pharmacy technicians work in retail pharmacies, but the most coveted pharmacy technician position is often in a hospital pharmacy. Vermont beats the national average by 3.3%, and New York furthers that trend with another $16,388 (12.7%) above the $128,830. Both clinical and retail pharmacists can expect competition entering the field and may benefit from specialized certification. Staff pharmacists' median pay now stands at $98,300, according to the "2006 Pharmacy Compensation Survey -- Spring Edition" from Mercer Human Resource Consulting. Now studies show that the reverse of this is true. I worked as a tech for a few years while getting my bachelors degree. One of the most notable findings of the 2018 survey was the small but significant drop in the salaries for retail pharmacists when compared to 2017. She has a Master of Business Administration degree from Western Governors University along with eight years of experience managing all aspects of her small business. Becoming a retail or clinical pharmacist requires a lengthy education to earn a doctor of pharmacy degree and qualify for state licensure. Corey Jahnke has been a retail pharmacist at large retailers for more than 25 years. Payscale.com Pharmacist Salary. The Bureau of Labor Statistics reports that all pharmacists earn a generous median wage of $124,170 as of May 2017, with half of pharmacists seeing lower earnings and a half seeing higher earnings. Clinical pharmacists average $129,880 in outpatient care centers, $129,840 in doctors' offices, $123,040 in general hospitals and $122,380 in specialty hospitals. Some other places where her business writing appears include JobHero, LoveToKnow, PocketSense, Bizfluent and Study.com. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. For 2018, U.S. government data show that the average gross base salary for a pharmacist at a retail, mail, long-term care, and specialty pharmacy exceeded $123,000—up slightly from the 2017 figure. Apply to Pharmacist, Staff Pharmacist, Clinical Pharmacist and more! According to data from ZipRecruiter as of 2019 retail pharmacy technicians earned: $20,000 The annual “Drug Topics” salary survey, reported in December 2019, notes that two salary ranges tied as the most common among pharmacists, with 18% reporting salaries between $120,001 - $130,000 and another 18% reporting income over $150,000. Those working in some clinical settings, such as doctors' offices, tend to make more than in retail settings, such as grocery stores. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. Salary estimates are based on 10,010 salaries submitted anonymously to Glassdoor by Hospital Pharmacist employees. So, hospital pharmacists can match retail's salary at a better working environment. Pharmacists reported a … The study indicates that CVS Caremark offered the highest retail salaries, with Rite Aid and Kroger close behind. The base salary for Pharmacist - Retail ranges from $141,644 to $155,389 with the average base salary of $148,517. Those in electronic shopping and mail-order retail settings earned $128,030. Nebraska beats the national average by 5.8%, and Washington furthers that trend with another $11,308 (9.8%) above the $115,149. Industry-specific data collected by The Happy PharmD in 2018 found variations in pharmacists’ salaries according to their specialization or job title within a work setting, as well as from state to state. One at a rural Appalachian hospital for $45 an hour. Instead of dealing with patients, you're mostly interacting with the other staff in the pharmacy and with nurses (sometimes MDs). The average retail pharmacist salary is $121,410 for health and personal care stores, $123,160 for general merchandise stores and $121,320 for food and beverage stores. For example, Walgreens or CVS may be pretty comparable (i.e. Most pharmacists work in drug stores or other personal care stores, and earned an average salary of $116,980 as of 2012. Depending on the pharmacy program, you may need a few years of undergraduate science courses or a bachelor's degree in pre-pharmacy or an area of science. Supermarket pharmacists make an average of $125,200 a year ($60.21/hr), mass merchandiser pharmacists make an average of $123,000 a year ($59.12/hr), and chain drug store pharmacists earn an average of $122,500 a year ($58.91/hr). I got two job offers. A Hospital Pharmacist can expect an average starting salary of £26,500. Pharmacists pass two licensing exams – a national exam on basic skills and knowledge and an exam specific to the state in which they work. Wherever they work, pharmacists generally have the same responsibilities. The median salary for a hospital pharmacist is relatively higher than that of a retail pharmacist, being that it is approximately $116, 895 a year. U.S. News & World Report Pharmacist Salaries. competitive) in what they pay their retail pharmacists, but these salaries may be generally higher than what many local hospitals pay their staff pharmacists. Although both types of pharmacists coordinate with pharmacy tests and assist customers directly, clinical pharmacists also have to work with medical staff, such as doctors and nurses. Filter by location to see Hospital Pharmacist salaries in your area. An entry-level Retail Pharmacist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $56.35 based on 41 salaries. The average salary for a Hospital Pharmacist in United Kingdom is £34,336. Retail pharmacists tend to make slightly more than hospital pharmacists on a salary basis. A pharmacist must have a doctorate and be licensed in all states, according to the BLS. Topping the list is New York, with New Hampshire and Vermont close behind in second and third. An entry-level Retail Pharmacist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $56.35 based on 41 salaries. A pharmacist working in a chain drug store or supermarket earned an average of $121,420 annually, while a pharmacist in a hospital or health care system earned $64.66 an hour, the equivalent of about $135,000 annually, assuming a 40-hour work week 52 weeks of the year. Although most work in pharmacies and drugstores, according to the U.S. Bureau of Labor Statistics, almost one-quarter work in hospitals,. The national average salary for a Hospital Pharmacist is $125,845 in United States. Clinical pharmacists often work in hospitals, urgent care centers, nursing homes, clinics and doctors' offices. For example, Walgreens or CVS may be pretty comparable (i.e. Pharmacists working in hospitals, physicians' offices, and outpatient treatment centers earned annual salaries between $112,170 and $120,310 on average. For 2019, U.S. government data show that the average gross base salary for a pharmacist working in a retail setting was nearly $125,000—up by 1.2% from the 2018 figure. There will likely be more clinical pharmacy opportunities because medical facilities increasingly need pharmacists to offer expertise on dispensing medications and monitoring patients with basic tests. Typically, those who work in a hospital pharmacy receive a higher rate of pay than those in a retail pharmacy. One at a rural Appalachian hospital for $45 an hour. Clinical and retail pharmacists share the duties of filling prescriptions, educating patients on medications and good health practices, handling insurance paperwork, guiding other pharmacy workers and managing records. I started my journey to becoming a pharmacist in 2009. Salary estimates are based on 10,010 salaries submitted anonymously to Glassdoor by Hospital Pharmacist employees. Having completed a specialized residency program, clinical pharmacist positions usually pay more in outpatient care centers and physicians' offices than retail pharmacist jobs in grocery stores and personal care stores. The average hourly wage for a Pharmacist in the United States is $66 as of November 25, 2020, but the range typically falls between $62 and $70.Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. One key difference between retail and clinical pharmacy opportunities is that clinical pharmacists spend more time doing medical tests, monitoring patient health and advising medical professionals than they do filling prescriptions and handling paperwork. There are so many retail positions vacant that companies have to offer high pay to fill the jobs. Base pay for hospital pharmacists may be lower. Ermegency Room Pharmacist Job Description, How to Learn to be a Pharmacy Dispensary Technician. Common work settings for retail pharmacists include health and personal care stores, supermarkets, pharmacy store chains and online retailers. 2 reasons: 1) Supply and demand. Typically, the salary of a hospital Pharmacy Technician is about 20% higher than those working in retail pharmacies. Hospital/health system pharmacists are the highest paid at an average of $127,700 a year, or $61.41/hr. I started my journey to becoming a pharmacist in 2009. Salary Ranges As of May 2012, the BLS reports that, on average, pharmacists earned an annual wage of $114,950, with an average hourly wage of $55.27. 166 Hospital Retail Pharmacist jobs available on Indeed.com. Many retail pharmacists have already switched to hospital pharmacy jobs recently. He works as the outpatient pharmacy manager and on-site consultant for growing the ambulatory pharmacy business of a hospital in central Massachusetts. The average retail pharmacist salary is $121,410 … Find out what a clinical pharmacist assistant does. Salary and benefits are similar among retail and hospital, but vary significantly depending on the particular role and setting. While, a retail pharmacy technician enjoys benefits of flexible work schedules, a hospital pharmacy technician on the other hand earns a higher salary. They need strong computer skills to manage electronic health records and good communication skills to give clear advice and instructions. Bureau of Labor Statistics: OES Pharmacists, Bureau of Labor Statistics: OOH: Pharmacists, Drug Topics: Salaries and Stress Stagnate: 2019 Pharmacy Salary Survey Results, The Happy PharmD: The 2019 Pharmacist Salary Guide, The Salary of a Pharmacist Working at a Nursing Home. Visit PayScale to research hospital pharmacist salaries by city, experience, skill, employer and more. You will also likely need to pass the Pharmacy College Admissions Test (PCAT) to qualify for admission. Salaries do differ, but of course depend on the city, state, and even hospital system / retail company for whom you work. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. Retail vs. Hospital Pharmacy Technician Salaries The pay at a community pharmacy is between $9-$10 with no formal training, while those with formal training and certification earn around $13-$15. We’ve identified six states where the typical salary for a Hospital Pharmacist job is above the national average. Payscale.com reports that the average pharmacist salary, as of November of 2018, is $111,525, with a range of $76,457 – $133,619. How much does a Pharmacist make hourly in the United States? competitive) in what they pay their retail pharmacists, but these salaries may be generally higher than what many local hospitals pay their staff pharmacists. The median salary for a hospital pharmacist is relatively higher than that of a retail pharmacist, being that it is approximately $116, 895 a year. ranks number 1 out of 50 states nationwide for Hospital Pharmacist salaries. Payscale.com Pharmacist Salary. Pharmacists have options when it comes to work settings, and these settings affect the pharmacist salary scale. Although "Drug Topics" did not differentiate work settings in reporting salaries, 28 percent of those reporting worked in hospitals and 36 percent worked in retail settings. The lowest-paid 10 percent make under $87,420 and the highest-paid 10 percent of pharmacists get over $159,410. A Hospital Pharmacist in your area makes on average $131,882 per year, or $3,052 (2%) more than the national average annual salary of $128,830. They dispense and compound medications, educate patients about possible side effects, supervise pharmacy staff and in some cases perform management tasks related to responsibilities as a pharmacy team leader or small-business owner. Those working in some clinical settings, such as doctors' offices, tend to make more than in retail settings, such as grocery stores. Filter by location to see Hospital Pharmacist salaries in your area. Ashley Donohoe started writing professionally in 2010 about career, business and technology topics. The highest salaries can exceed £100,000. After graduation, you need to pass pharmacy law and practice exams to get licensed in your state. Payscale.com reports that the average pharmacist salary, as of November of 2018, is $111,525, with a range of $76,457 – $133,619. Pharmacy degree programs take three or four years and provide internships alongside the coursework. Clinical Pharmacist Assistant Career Information. Salaries do differ, but of course depend on the city, state, and even hospital system / retail company for whom you work. Hospital pharmacists decades ago were paid salaries that were lower compared to salaries for retail, community , independent and chain store pharmacists. California pharmacists earned the highest average salaries at $151,800 per year. Grocery, department or other general merchandise stores employ the rest, including some in web or mail-order operations. All pharmacists stand or walk most of the day and need to stay focused to prevent mistakes with medications. The average annual salary for all pharmacists was $125,510 in 2019, according to the BLS. If you want to be a clinical pharmacist, you can expect to complete one to two years of residency before you can seek work. There is more than just the prestige of working in a hospital behind this pay differential, however. Topping the list is Washington, with Maryland and Nebraska close behind in second and third. The average hourly pay for a Hospital Pharmacist is $55.20. For 2019, U.S. government data show that the average gross base salary for a pharmacist working in a retail setting was nearly $125,000—up by 1.2% from the 2018 figure. Staff pharmacist at a hospital: similar to retail in a lot of ways; order (data) entry, quality assurance (verification), answering questions. However, a clinical pharmacist has a larger role in performing medical tests, monitoring patients and guiding medical professionals in patient care and disease management. The average salary for a Hospital Pharmacist is £44,000 gross per year (£2,800 net per month), which is £14,400 (+49%) higher than the UK's national average salary. The other offer was a retail job at $50 an hour. The other offer was a retail job at $50 an hour. Retail and clinical pharmacists both help patients get the medications they need and provide important guidance on medication usage and interactions. The average annual salary for a pharmacist in a specialty hospital was $125,690. They also both check the patient's prescription history for interactions and may even give injections in states that allow it. It is also important to note the lost salary during residency training. I worked as a tech for a few years while getting my bachelors degree. This is an average rate but demand ultimately varies based on the work environment. All pharmacists tend to earn high salaries due to their extensive education. Hospitals do … Can You Become a Pharmacy Technician With a Bachelor's Degree in Chemistry? Walgreen’s offered the lowest retail salaries of 10 companies listed. I got two job offers. We’ve identified nine states where the typical salary for a Pharmacist job is above the national average. Standard hours are most common for retail pharmacists where pharmacies have limited and set hours. Those who worked in hospital pharmacies earned slightly less, with an average salary of $113,180 per year, while pharmacists employed in physicians' offices reported an average annual salary of $120,310. As of August 2018, PayScale reports that while both types of pharmacists earn similar wages based on experience, the retail pharmacist salary is a bit higher early and late in their careers. Pharmacists in … These average clinical and retail pharmacist salary figures show these differences: According to the BLS, job growth of 6 percent is expected for all pharmacists between 2016 and 2026. The second- and third-highest pharmacist salaries were reported in Alaska ($136,600) and Nevada ($134,400) The state with the lowest average salary for pharmacists in 2018 was South Dakota at $114,500 per year, but the lowest average salary was actually reported by pharmacists in Puerto Rico at $99,900 per year. 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