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. 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. Some of the other high paying states are Vermont, Alaska and Wisconsin. A pharmacy career requires six to eight years of education. Of all the top retail pharmacies, pharmacists working for Kaiser get paid an attractive annual salary, ranging from $96,440 - $176,300. States with a higher cost of living usually pay higher salaries as compared to states where spending on utilities is lower. A Pharm. This requires a lot of your investment in terms of time and money. With a country of a large aging population, job prospects for a consultant pharmacist working in sub-acute care, assisted living facilities and psychiatric hospitals are certainly bright. Educational Background: Pharmacist graduates from reputed and accredited pharmacy schools usually have an edge in the job market and command higher salaries. The educational requirement remains completing a Pharm. A pharmacist is paid the highest salary of $143,150 by outpatient care centers as the job entails handling rigors of the work environment. Those working in some clinical settings, such as doctors' offices, tend to make more than in retail settings, such as grocery stores. Job Description. To sum it up, pharmacist career outlook varies by industry. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. In the beginning of your career, you will start with an annual salary of $88,400. Find your ideal job at SEEK with 531 clinical pharmacist jobs found in All Australia. What Clinical Pharmacists Do The clinical pharmacist is trained to work directly with patients in the health care … 2015: In 2015, the salary of a pharmacist did not see much growth and a hike of just 0.68% was reported. Getting an in-depth insight into a pharmacist salary in the U.S. will help you get ready for this challenging and high paying career in a much better way. Pharmacist working at mass merchants with pharmacies enjoyed the highest salaries, while those working for retail pharmacies earned the lowest annual salaries this year. Pursue this career if helping patients towards wellness can give you job fulfillment, while you earn a six-figure salary and do not mind limited professional growth. Accounting and finance VS Pharmacy Pharmacist salary Pharmacy vs Pharmacology Pharmacy vs clinical pharmacology Is the pharmacy degree not important anymore Pharmacy vs pharmaceutical sciences Disillusionment with the Pharmacy … Perform medication counseling and education for patients, physicians, nurses, and caregivers. Copyright © 2020 Pharmacytechnicianguide.com All Rights Reserved. You must complete your Pharm. 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. However, Clinical Oncology Pharmacist salaries only average 2.8% ($3,667) more than the average Hospital Pharmacist salary of $128,830. The rapid increase in number of pharmacy graduates has tilted the balance a bit, with supply taking over the demand. It appears that 2018 brought some much-needed good news to pharmacists. With the advent of e-pharmacies, 5,500 pharmacists work in the e-commerce industry. Clinical pharmacists can work as pharmacists, but If you are based in large metros, your pay packages will be considerably higher for obvious reasons of higher cost of living in cities. The lowest number of 610 pharmacists works for pharmaceutical and medicine manufacturing. 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. 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. Clicking in this box will show you programs related to your search from schools that compensate us. If you want to be a clinical pharmacist, you can expect to complete one to two years of residency before you can seek work. Some other places where her business writing appears include JobHero, LoveToKnow, PocketSense, Bizfluent and Study.com. While a pharmacist enjoys a reasonably high pay scale in healthcare careers, there are various factors which influence the amount you will earn, such as educational background, location of work, level of experience and type of employer. Becoming a retail or clinical pharmacist requires a lengthy education to earn a doctor of pharmacy degree and qualify for state licensure. However, retail pharmacists can make more than clinical pharmacists in general merchandise stores, as well as with differences in experience. Pharmacist play varied roles and work in a variety of work settings. Pharmacy degree programs take three or four years and provide internships alongside the coursework. Well, the salary you bring home will be greatly influenced by your level of work experience. Common work settings for retail pharmacists include health and personal care stores, supermarkets, pharmacy store chains and online retailers. Filter by location to see Clinical Staff Pharmacist salaries in your area. However, this is no reason to be discouraged as although demand for pharmacists preparing prescription medication in a pharmacy may be decreasing, their role is expanding, and they are taking up significant positions in drug research and manufacturing. Pharmacytechnicianguide.com is an advertising-supported site. A piece of advice would be, to equip yourself with all the skills and knowledge to stay ahead in the employment race. The average salary for a hospital pharmacist varies and is dependent on experience, qualifications, and responsibilities. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. Pharmacist working for non-retail settings such as hospitals, physician offices will witness better job growth as compared to retail pharmacists. D., pass the licensure exam and take up additional training in a nuclear pharmacy certificate program. Pharmacists working in Tyler in Texas and Vallejo-Fairfield, CA take home the highest pay packages. The difference in salary between retail and clinical pharmacy can vary by experience and the state in which a pharmacist is employed. (Source: U.S. Bureau of Labor Statistics, 2019). After graduation, you need to pass pharmacy law and practice exams to get licensed in your state. With years of experience you can also expect to earn perks such as insurance and medical benefits. With 1 to 4 years of experience you can expect to earn $112,140, which will go up to $148,660 with 10 to 19 years of experience. Find out what a clinical pharmacist assistant does. Knowing how much a pharmacist earns in other metros will help you plan your work location. Seniority at work will let you command a higher pay. Per Hour: A pharmacist working part-time earns an average hourly wage of $60.34. Hospital/healthcare system pharmacists are the highest paid, at an average of $129,100 per year, or $62.07 per hour. 2017: In 2017, the salary growth has bounced back to 1.20%, indicating a promising growth trend in the salary of a pharmacist. Pharmacy students are very aware of the term “retail pharmacist”. The lowest salary comes from merchant wholesalers paying an annual age of $123,150. Hawaii is one of the highest paying states with salaries ranging from $108,530 - $160,660, considering its weather conditions makes cost of utilities, on an average more expensive than anywhere in the country. How much does a Clinical Pharmacist make in the United States? Clinical Pharmacist. With enough experience, a retail pharmacist can move up to become a pharmacist manager and earn an average salary of $129,000 in the United States. All pharmacists tend to earn high salaries due to their extensive education. 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. However, over the course of this career, the salary does not provide much growth as compared to that of a dentist or a nurse practitioner. Clinical pharmacists in large academic health systems are usually required to be residency trained for 1 to 2 years. It is good to factorize what influences your earnings, so you can make a well-informed employment decision. Electronic Shopping & Mail-Order Pharmacies. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. They also both check the patient's prescription history for interactions and may even give injections in states that allow it. Similarly, hospital pharmacists provide, prepare and dispense medicines, special feeding solutions and diagnostic agents. 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. An experienced Hospital Pharmacist with 10 … 2016: 2016 too, the trend continues with just a hike of 0.84%. Retail and clinical pharmacist enjoy the highest salaries, while a hospital pharmacist goes back home with the lowest pay package. Apply to Clinical Pharmacist, Pharmacist, Senior Clinical Pharmacist and more! However, each year the growth has been almost consistent, the reason being a balance in the demand and supply of pharmacists. Nuclear Pharmacist: As a nuclear pharmacist you will work with radioactive materials required for nuclear medicine. Pharmacists working for outpatient care centers or pharmaceutical manufacturing companies usually earn higher, while those working for mail order pharmacies earn comparatively smaller pay packages. 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. They need strong computer skills to manage electronic health records and good communication skills to give clear advice and instructions. Clinical Pharmacist Assistant Career Information. Residency programs provide general clinical training in the first post-graduate year, also known as a PGY-1. They work usually in a medical center, hospital or clinics. 2. Your work setting will be a retail pharmacy and your main duties involve filling prescriptions and dispensing drugs. community pharmacists, hospital pharmacists, industrial pharmacists, consultant pharmacists, GP pharmacists etc. Consultant Pharmacist: A consultant pharmacist earns an annual salary of $133,214 and fulfills varied roles. Demand for pharmacists across the states mainly depends on factors such as population, presence of pharmacies and pharmaceutical manufacturing companies and number of pharmacy schools. Operating as a hospital pharmacist in a high-cost area, such as inner London, often results in a higher salary. The national average salary for a Clinical Staff Pharmacist is $126,526 in United States. It requires commitment and dedication to succeed. Well, how much does a pharmacist make depends on various factors such as location of work, work experience, academic background and type of employer. A first-time pass attempt on the NAPLEX also can be an added factor that influences the amount of money offered to you and may very well translate into a higher pay scale. Standard hours are most common for retail pharmacists where pharmacies have limited and set hours. Clinical pharmacy is, according to the abridged definition, “the area of pharmacy concerned with rational medication use.” 1 So far, that describes every job I have had in my career. Operations pharmacists are less likely to be residency trained as compared to clinical pharmacists. This compensation does not influence our school rankings, resource guides, or other information published on this site. With a 3.26% growth rate, pharmacists in the nation will be vying against each other for lucrative job positions. 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. Clinical pharmacists often work in hospitals, urgent care centers, nursing homes, clinics and doctors' offices. Both clinical and retail pharmacists can expect competition entering the field and may benefit from specialized certification. As more people get medications delivered to their homes, there may be less of a need for retail pharmacists. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. Manage the timely dispensing of medications for patients on … There are 133,410 pharmacists working in retail pharmacies, the largest in the country. Average starting salary: $105,635. Retail pharmacists do not have this requirement, although they can complete specialized training. With an expertise of 20 years or more, you can go on to earn a fat pay check of $162,900. Clinical pharmacist job responsibilities are also different from hospital pharmacist duties, and they clinical pharmacists tend to earn higher salaries, as well. Considering the salary growth from 2008 to 2019, a pharmacist earns 26.83% higher in 2019 than what he earned in 2008. D and passing the NAPLEX are the educational requirements of being a retail pharmacist. The lowest-paid 10 percent make under $87,420 and the highest-paid 10 percent of pharmacists get over $159,410. 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. Is pharmacy really as bad as people say Pharmacy degree? With an annual average salary of $125,510, a pharmacist is certainly a great start for fresh graduates to directly start with a 6 figure pay check soon after graduation. 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