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. Vermont beats the national average by 3.3%, and New York furthers that trend with another $16,388 (12.7%) above the $128,830. competitive) in what they pay their retail pharmacists, but these salaries may be generally higher than what many local hospitals pay their staff pharmacists. 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. Not far behind was the $130,001 - $140,000 pharmacist salary range, with 17% of respondents reporting this as their income. Ermegency Room Pharmacist Job Description, How to Learn to be a Pharmacy Dispensary Technician. Topping the list is Washington, with Maryland and Nebraska close behind in second and third. A pharmacist must have a doctorate and be licensed in all states, according to the BLS. Filter by location to see Hospital Pharmacist salaries in your area. 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. Then I graduated in 2018. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. Ashley Donohoe started writing professionally in 2010 about career, business and technology topics. Pharmacists working in hospitals, physicians' offices, and outpatient treatment centers earned annual salaries between $112,170 and $120,310 on average. So, hospital pharmacists can match retail's salary at a better working environment. Those working in some clinical settings, such as doctors' offices, tend to make more than in retail settings, such as grocery stores. The study indicates that CVS Caremark offered the highest retail salaries, with Rite Aid and Kroger close behind. If you want to be a clinical pharmacist, you can expect to complete one to two years of residency before you can seek work. The average annual salary for all pharmacists was $125,510 in 2019, according to the BLS. Staff pharmacists' median pay now stands at $98,300, according to the "2006 Pharmacy Compensation Survey -- Spring Edition" from Mercer Human Resource Consulting. You will also likely need to pass the Pharmacy College Admissions Test (PCAT) to qualify for admission. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. All pharmacists tend to earn high salaries due to their extensive education. Becoming a retail or clinical pharmacist requires a lengthy education to earn a doctor of pharmacy degree and qualify for state licensure. 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. Salary and benefits are similar among retail and hospital, but vary significantly depending on the particular role and setting. We’ve identified six states where the typical salary for a Hospital Pharmacist job is above the national average. Salary estimates are based on 10,010 salaries submitted anonymously to Glassdoor by Hospital Pharmacist employees. Payscale.com Pharmacist Salary. Although most work in pharmacies and drugstores, according to the U.S. Bureau of Labor Statistics, almost one-quarter work in hospitals,. Hospital/health system pharmacists are the highest paid at an average of $127,700 a year, or $61.41/hr. 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. The base salary for Pharmacist - Retail ranges from $141,644 to $155,389 with the average base salary of $148,517. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. Payscale.com Pharmacist Salary. Common work settings for retail pharmacists include health and personal care stores, supermarkets, pharmacy store chains and online retailers. The average hourly pay for a Hospital Pharmacist is $55.20. I got two job offers. We’ve identified nine states where the typical salary for a Pharmacist job is above the national average. 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. This is an average rate but demand ultimately varies based on the work environment. Some other places where her business writing appears include JobHero, LoveToKnow, PocketSense, Bizfluent and Study.com. I worked as a tech for a few years while getting my bachelors degree. ranks number 1 out of 50 states nationwide for Hospital Pharmacist salaries. Typically, those who work in a hospital pharmacy receive a higher rate of pay than those in a retail pharmacy. The national average salary for a Hospital Pharmacist is $125,845 in United States. Now studies show that the reverse of this is true. Pharmacists in … Walgreen’s offered the lowest retail salaries of 10 companies listed. Typically, the salary of a hospital Pharmacy Technician is about 20% higher than those working in retail pharmacies. However, a clinical pharmacist has a larger role in performing medical tests, monitoring patients and guiding medical professionals in patient care and disease management. 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. He works as the outpatient pharmacy manager and on-site consultant for growing the ambulatory pharmacy business of a hospital in central Massachusetts. The salary gap between a pharmacy owner and an employed pharmacist has almost vanished. competitive) in what they pay their retail pharmacists, but these salaries may be generally higher than what many local hospitals pay their staff pharmacists. It is also important to note the lost salary during residency training. Base pay for hospital pharmacists may be lower. Retail pharmacists tend to make slightly more than hospital pharmacists on a salary basis. The study indicates that CVS Caremark offered the highest retail salaries, with Rite Aid and Kroger close behind. However, retail pharmacists can make more than clinical pharmacists in general merchandise stores, as well as with differences in experience. Pharmacists working in the retail industry found employment in grocery stores, department stores, health stores and other general merchandise outlets. The other offer was a retail job at $50 an hour. Salaries do differ, but of course depend on the city, state, and even hospital system / retail company for whom you work. The average retail pharmacist salary is $121,410 … 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. 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. How Much Does a Pharmacist Make Annually? 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. Salary estimates are based on 10,010 salaries submitted anonymously to Glassdoor by Hospital Pharmacist employees. Can You Become a Pharmacy Technician With a Bachelor's Degree in Chemistry? U.S. News & World Report Pharmacist Salaries. They also both check the patient's prescription history for interactions and may even give injections in states that allow it. Most retail and clinical pharmacy opportunities are full time, though work hours depend on the setting. Visit PayScale to research hospital pharmacist hourly pay by city, experience, skill, employer and more. 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. I got two job offers. One at a rural Appalachian hospital for $45 an hour. Both clinical and retail pharmacists can expect competition entering the field and may benefit from specialized certification. 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. 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. In some cases, the difference can be as much as 20%! October is American Pharmacists Month, so it’s a good time to update our exclusive annual analysis of pharmacist salaries. I started my journey to becoming a pharmacist in 2009. 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. Hospitals do … The national average salary for a Hospital Pharmacist is $125,845 in United States. Nebraska beats the national average by 5.8%, and Washington furthers that trend with another $11,308 (9.8%) above the $115,149. One at a rural Appalachian hospital for $45 an hour. California pharmacists earned the highest average salaries at $151,800 per year. Most pharmacists work in drug stores or other personal care stores, and earned an average salary of $116,980 as of 2012. 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. The average annual salary for a pharmacist in a specialty hospital was $125,690. How much does a Pharmacist make hourly in the United States? Many retail pharmacists have already switched to hospital pharmacy jobs recently. Additionally, the PDI predicts that growth in hospitals, non-retail settings, and physician’s offices will outpace mail and retail pharmacy. Salaries differed slightly according to the type of hospital. Clinical specialist: working in a specific unit of the hospital. Apply to Pharmacist, Staff Pharmacist, Clinical Pharmacist and more! 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. What Are the Steps That You Need to Take to Be a Pharmacist? According to data from ZipRecruiter as of 2019 retail pharmacy technicians earned: $20,000 Walgreen’s offered the lowest retail salaries of 10 companies listed. Staff pharmacist at a hospital: similar to retail in a lot of ways; order (data) entry, quality assurance (verification), answering questions. Additionally, the PDI predicts that growth in hospitals, non-retail settings, and physician’s offices will outpace mail and retail pharmacy. After graduation, you need to pass pharmacy law and practice exams to get licensed in your state. 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. 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). 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. 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. As more people get medications delivered to their homes, there may be less of a need for retail pharmacists. Retail pharmacists do not have this requirement, although they can complete specialized training. 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. 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