PHARMACIST SALARY: How Much Does Pharmacist Make

pharmacist salary
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Pharmacists are healthcare specialists who make sure patients get the prescription drugs they need to treat their ailments. Continue reading to find out how much salary an average assistant pharmacist makes in California with their CVs.

Pharmacist Salary

Having had extensive training in medicine, pharmacists have a thorough understanding of pharmaceutical medications and how they interact with human biology. Pharmacists are well-paid for their special skill set, knowledge, and expertise, whether they are dispensing medications to patients at a neighborhood drugstore or collaborating with doctors in an outpatient clinic. In this article, you’ll find out more about what pharmacists can anticipate making, how various factors may affect those expectations, and about online programs that can help you become ready for a career in the industry.

Your job history, the sector in which you operate, and your location are all likely to have an impact on the precise salary you may anticipate making as a pharmacist. In order to give you a better idea of what you may anticipate making in this significant healthcare profession, we will go into more detail about these elements below.

#1. Pharmacist Salary by Location

The amount of money you may anticipate making as a pharmacist is typically largely influenced by where you live and work. Less populated areas frequently have lower costs of living and lower earnings, whereas dense cities frequently have greater costs of living and higher salaries. The amount you can expect to make in your position might also be impacted by regional market factors, such as the availability of qualified local specialists in your field.

#2. Pharmacist Salary by Industry

Your pharmacy salary can be significantly impacted by the industry in which you work. While some industries—and the businesses that operate inside them—tend to pay pharmacists more, others tend to be more conservative in their standard ranges.

#3. Pharmacist Salary by Experience

Your employment history can significantly affect how much money you make as a pharmacist, just like it can with other jobs. Based on your preceding years of experience, the total pay you may anticipate making as a pharmacist each year, including base salary and supplemental pay like bonuses, is as follows:

  • 0-1 years: $122,534
  • 1-3 years: $125,096
  • 4-6 years: $128,682
  • 7-9 years: $131,615
  • 10-14 years: $136,852
  • 15+ years: $138,420

Assistant Pharmacist Salary

It is your responsibility as a pharmacy assistant or aide to help the pharmacist make time for patient consultations. You’ll be in charge of activities including taking calls, setting up the pharmacy, and doing secretarial work. Let us look at some factors connecting an assistant pharmacist salary:

#1. Assistant Pharmacist Salary Overview

Pharmacy assistant makes a median annual salary of $34,560 in May 2021, according to data from the U.S. Bureau of Labor Statistics. For the bottom 10% of workers, the salary was $22,840 or less, and for the highest 10%, it was $51,060 or more. Like with most professions, your employer and the place where you work have an impact on your salary.

#2. Assistant Pharmacist Salary by Employer

According to the BLS, there were 44,600 pharmacy assistants working across the country as of May 2021. The majority of them worked at health and personal care retailers and made an average yearly salary of $29,920. Others worked for outpatient care providers, general hospitals, and food and beverage establishments. These employers paid out average salaries of $29,260, $44,970, and $62,040, respectively. According to the BLS, outpatient care facilities and insurance companies had the highest annual median incomes in May 2021 at $62,040 and $45,140, respectively.

#3. Assistant Pharmacist Salary by Geographical Location

The states with the highest employment of pharmacy assistants in May 2021, according to the BLS, were California, New York, Florida, Texas, and Pennsylvania. The average salary for an assistant pharmacist in these places was $47,170, $33,880, $33,070, $28,220, and $32,480, respectively.

#4. Career Summary

You will be supervised by a pharmacy technician and a licensed pharmacist while working as an assistant pharmacist. You won’t be permitted to write prescriptions or offer patient consultations. Instead, you will be in charge of a variety of office duties around the pharmacy, including keeping track of patient’s medical records, controlling the supply of medications, creating prescription labels, and taking prescriptions that clients drop off. When shipments come in, you can fill the shelves at the pharmacy and make sure that the drugs are being stored according to the instructions on the label. Additionally, you’ll be responsible for a variety of customer service tasks, including taking phone calls, welcoming clients, and processing transactions at the cash register.

#5. Career Prospects

According to the BLS, there will be a 2.9% decline in job possibilities for pharmacy assistants between 2021 and 2031.

#6. Development Possibilities

With time and experience, you can be promoted to a pharmacy technician position, which often comes with more duties and higher pay. Prescription requests are received and processed by pharmacy technicians as their primary responsibilities. The successful completion of a formal training program, certification, and, in some areas, registration with a pharmacy board may be requirements for a technician position.

Average Pharmacist Salary

The average pharmacist wage, as reported by the Bureau of Labor Statistics, is $128,570, or $62 an hour. However, depending on region and expertise, a pharmacist’s pay may differ greatly from person to person. The bottom 10% earn less than $76,840, whereas the top 10% earn more than $164,590. One of the highest-paying occupations for recent college graduates is a pharmacy. Many six-figure pharmacy roles don’t require any prior work experience, in contrast to other high-paying careers. Competition for this great starting pay is strong.

According to the Bureau of Labor Statistics, 2% more employment will be available for pharmacists overall between 2021 and 2031. The predicted 13,600 pharmacists who retire or quit the field each year will be the only ones with employment opportunities. Therefore, even if it’s not one of the professions in the US with the greatest growth, it is still doing okay. Being a pharmacist is a promising career path if you can land one of the few opportunities each year.

What Would an Average Pharmacist Do?

Pharmacists interact with doctors’ offices and provide patients with medical advice in addition to administering flu shots and filling prescriptions. They routinely discuss possible drug interactions to ensure that patients take their prescriptions safely. In addition, a lot of pharmacists offer general health advice to their patients, such as on nutrition and stress management, and they commonly recommend over-the-counter medicines to address symptoms.

Some of their primary duties include:

  • To either supervise technicians who are dispensing medications and other supplies in compliance with a doctor’s prescription or to dispense medications and other supplies while assessing potential drug interactions
  • Confirming the accuracy of the prescriptions
  • Planning, monitoring, and evaluating a drug’s effectiveness for a patient in conjunction with other medical specialists ensures that a pharmacy continues to abide by all regulations
  • Monitoring daily orders and automatic refills
  • Recommending changes to a patient’s medication as necessary and teaching the staff and patients about different substances

How Much Salary Do Pharmacists Make on Average Compared to Other Professions?

The typical wage for a pharmacist is at the center of other healthcare positions:

  • Family doctor: $235,930
  • Dentist: $167,160
  • Pharmacist: $125,690
  •  Registered nurse: $82,750
  • $37,970 for a pharmacy technician

Although dentists and doctors make more money than pharmacists, they also need to complete at least an additional two years of education. In spite of this, finding a job as a pharmacist may be more difficult.

Pharmacist Salary Cvs

A Cvs Pharmacist in the United States earns an estimated $124,382 in total compensation annually, with an average salary of $119,112. These figures show the median, or the midpoint of the ranges, from our unique Total Pay Estimate methodology, which is based on data about wages gathered from our users. $5,270 a year is the expected increased compensation. Cash bonuses, commissions, tips, and profit sharing are all possible forms of additional compensation. The “Most Likely Range” denotes figures that fall between the 25th and 75th percentile of all the payment information for this role that is currently available.

What Career Paths are Open to Pharmacists at CVS?

Pharmacists across the organization participate in extensive training programs because they value investing in their coworkers. This includes but is not limited to, opportunities for on-the-job training and orientation for new coworkers. They are adamant that the more prepared you are, the greater the influence you will have. To help them achieve their goal of assisting people in obtaining better health, you will learn everything there is to know about your position as a pharmacist. If you have no prior experience as a pharmacy technician, they have cross-training possibilities that can assist you to begin your new career.

They always strive to assist people on the road to better health and better jobs as the leading pharmacy healthcare provider in the United States. Learn more about how you can contribute by exploring various job options for pharmacy technicians.

What Kind of Employment Chances are Offered by CVS Health?

There are numerous chances at CVS Health for pharmacists to advance both professionally and personally. Regardless of the route you take, CVS Health has a number of Pharmacist employment possibilities available.

  • Community Pharmacy: You will be able to influence how health care is provided while delivering patient-centered, high-quality treatment. They have weekday, weekend, and full-time schedule options.
  • Managed Care: Unleash your creativity as you contribute to the delivery of high-quality treatment using one of the most advanced pharmacy management systems available.
  • Specialty Pharmacy: You have the potential to make a significant contribution to the provision of highly tailored care to patients with complex conditions—those who most require it.
  • Long-Term Care: Employ your knowledge to give patients in settings for chronic care the specific treatment they require to manage and enhance their health.
  • Home Infusion: As you provide daily care to patients who require sophisticated and ongoing therapies, make a difference.

Pharmacist Salary in California

Pharmacists in California have some of the best pay in the country, with yearly earnings in the six figures. While San Jose-Sunnyvale-Santa Clara pays the highest salary, Merced pays the lowest. In California, 33,130 pharmacists are employed, and employment prospects are expected to increase by 6.71% between 2020 and 2030. In California, a pharmacist makes an average salary of $146,140.

Average Salary of Pharmacist in California

A pharmacist’s salary in California is $146,140, which is significantly more than the national average. Nevertheless, the high compensation package in the state is justified despite the greater cost of living in Californian cities. Pharmacists seeking part-time employment can anticipate making $70.26 per hour.

Pharmacist Salary by Experience in California

Starting out as a pharmacist, you may anticipate making a salary of $79,980 per year in California. Of course, as you gain experience, the expertise you bring to the table will increase your pay. A pharmacist with 20 years or more of experience can expect to make $193,120 per year.

Pharmacist Employment Outlook in CA (2020-2030)

Being the most populous state in the country, the demand for prescription drugs will inevitably increase to meet the always-expanding medical demands of a sizable population. With 1,490 jobs available annually, California anticipates a healthy employment growth of 6.71% from 2020 to 2030. 32,800 of the country’s 322,200 pharmacists are employed in California.

California Pharmacist vs. National Pharmacist Salary

The second-highest paying state for pharmacists is California. Working as a pharmacist in this state is undoubtedly a terrific career option because you will not only be among the top paid in the country but also have access to a wide range of job prospects. $146,140 will be your yearly compensation, which is 16.27% more than the national average.

Is Being a Pharmacist Worth It Financially?

One of the greatest benefits of being a pharmacist is that you can earn a very good livelihood. The annual salary for the lowest-paid pharmacist is somewhere around $112,000 dollars. A profession as pharmacist typically pays around $128,000 per year.

How Much Money Does a Pharmacist Make in Michigan?

Pharmacists who possess this expertise make +29.05% more money per hour than the national average base wage of $54.85 per hour.

Do You Make Good Money as a Pharmacist?

The national average pay for pharmacists is $52.35 per hour, with individual salaries varying by geographic region, level of expertise, and industry from $20.55 to $98.40 per hour.

How Stressful Is the Pharmacist Job?

Pharmacists struggle to be understood by others since they are seen as a problem. Pharmacists are needed to collaborate with other healthcare professionals to ensure that patients receive safe and effective medications, but because communication is difficult among busy professionals, the pharmacist is frequently the target of resentment.

Is Being a Pharmacist a Lot of Math?

In this line of work, addition and subtraction, fractions, calculating percentages, weights, and even measures are all employed frequently.

Is It Hard Being a Pharmacist?

Learning to become a pharmacist is not simple. Years of education and training are required, in addition to a significant amount of effort and commitment. However, it may be a really fulfilling career if you get to help individuals every day acquire the drugs they require and make better health decisions.

What Are the Pros and Cons of Becoming a Pharmacist?

Pharmacy career benefits and drawbacks:

  • A competitive wage.
  • Opportunities for creative careers.
  • Remote employment possibilities.
  • Independent training.
  • A spotless work area.
  • Non-physical labor.
  • Adaptable timetable.
  • Opportunities for travel

References 

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