Pharmacist working for non-retail settings such as hospitals, physician offices will witness better job growth as compared to retail pharmacists. 2014: In 2014 as well, the salary trend for pharmacists' remains the same with a growth of 1.69%, the salary grew at the same rate in 2014 as did the average salary for all healthcare workers. What Clinical Pharmacists Do The clinical pharmacist is trained to work directly with patients in the health care … 2017: In 2017, the salary growth has bounced back to 1.20%, indicating a promising growth trend in the salary of a pharmacist. All pharmacists should be called clinical pharmacists, and to differentiate roles we should simply use the setting in which they practice, i.e. Educational Background: Pharmacist graduates from reputed and accredited pharmacy schools usually have an edge in the job market and command higher salaries. D., pass the licensure exam and take up additional training in a nuclear pharmacy certificate program. The lowest salary comes from merchant wholesalers paying an annual age of $123,150. Nuclear Pharmacist: As a nuclear pharmacist you will work with radioactive materials required for nuclear medicine. With a 3.26% growth rate, pharmacists in the nation will be vying against each other for lucrative job positions. The role of a pharmacist expands beyond a conventional pharmacy. Average starting salary: $105,635. The 10-year job outlook for pharmacists is rather raising concern about employment opportunities. Retail Pharmacist: As a retail pharmacist, you will be working in a pharmacy, supplying prescription medication to patients. Is pharmacy really as bad as people say Pharmacy degree? Retail and clinical pharmacists both help patients get the medications they need and provide important guidance on medication usage and interactions. Annual: The average pharmacist salary, on an average in the nation is $125,510. An entry-level Clinical Pharmacist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $106,057 based on 40 salaries. However, they may lose out on employee benefits when compared to someone working for the government. Aside from team managers, clinical pharmacists were the highest paid, earning an average wage of $61.28 per hour. 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. Electronic Shopping & Mail-Order Pharmacies. 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. Pharmacists working in Tyler in Texas and Vallejo-Fairfield, CA take home the highest pay packages. A clinical pharmacist is required to be a Doctor of Pharmacy graduate holding a valid state license. Filter by location to see Clinical Staff Pharmacist salaries in your area. Well, how much does a pharmacist make depends on various factors such as location of work, work experience, academic background and type of employer. However, Clinical Oncology Pharmacist salaries only average 2.8% ($3,667) more than the average Hospital Pharmacist salary of $128,830. For the 2016 Pharmacist Salary Guide, I consulted a number of sources to try to give you a well-rounded picture of pharmacy salaries in the United States. Salary.com reports that as of October 31, 2018, the average pharmacist salary in the U.S. was $129,718, with a range between $121,998 and $138,520.. That figure represents a 4.5% increase from the Bureau of Labor Statistics’ May 2017 salary of $124,170 annually. D. and passing the NAPLEX are the educational requirements to become a hospital pharmacist. Some of the other high paying states are Vermont, Alaska and Wisconsin. D. and getting your state license. Pharmacists counsel patients on dosage, possible side effects and risks associated with each medicine and sometimes make hospital rounds with other medical staff to ensure that prescriptions are being properly administered. A mid-career Hospital Pharmacist with 5-9 years of experience earns an average total compensation of AU$34.89 based on 10 salaries. Government employees earn higher total pay packages when compared to ones working for the private sector. 2015: In 2015, the salary of a pharmacist did not see much growth and a hike of just 0.68% was reported. How much does a Clinical/Hospital Pharmacist make in the United States? What Are the Steps That You Need to Take to Be a Pharmacist? While the highest wage comes from California, at $12,000, the lowest comes from North Dakota at $8,380. 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. 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. The average Clinical Pharmacist salary in the United States is $131,027 as of November 25, 2020, but the range typically falls between $123,414 and $139,339.Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. The lowest number of 610 pharmacists works for pharmaceutical and medicine manufacturing. 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. The employment growth rate for a period through 2019 to 2029 is 3.26%, which is lower than other health careers. On an average nuclear pharmacist earn an annual average salary of $128,908. 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. Some other places where her business writing appears include JobHero, LoveToKnow, PocketSense, Bizfluent and Study.com. How Much Does a Pharmacist Make Annually? Salary estimates are based on 10,010 salaries submitted anonymously to Glassdoor by Clinical Staff Pharmacist employees. 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. Being competitive is the way to be in the pharmacy job market. Becoming a retail or clinical pharmacist requires a lengthy education to earn a doctor of pharmacy degree and qualify for state licensure. However, the job prospects for pharmacists are not exactly great. He works partly in medicines management — specifically focusing on homecare and high cost drugs — and provides a clinical pharmacy service to a range of medical wards. 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. However, retail pharmacists can make more than clinical pharmacists in general merchandise stores, as well as with differences in experience. Instead of dealing with patients, you're mostly interacting with the other staff in the pharmacy and with nurses (sometimes MDs). Having worked as assistant editor of Clinical Pharmacist from 2007 to 2010, Gareth returned to practice as a hospital pharmacist in the Wirral, Merseyside. However, comparatively, a hospital pharmacist, earns the lowest salary of $121,303. D and passing the NAPLEX are the educational requirements of being a retail pharmacist. They need strong computer skills to manage electronic health records and good communication skills to give clear advice and instructions. Retail pharmacies are the largest recruiters of pharmacists in the country. Hospital pharmacist salaries can range from £23,500 for a band 6 entry-level pharmacist to upwards of £70,000 for band 8B to 8D pharmacy consultants. A small number of pharmacists that work for pharmaceutical and medicine manufacturing earn a handsome annual wage of $128,160. This requires a lot of your investment in terms of time and money. PayScale.com reported in November 2019 that the median salary for clinical pharmacists was $118,367, which included bonuses and profit sharing. Clinical Pharmacist-Emergency Department Community Hospital North Part time Benefited Join our community Community Health Network has an excellent opportunity available within our Pharmacy team…Your exceptional skills Your experience working in pharmacy, knowledge of treatment modalities and dedication to patient care are your most vital skills as a Clinical Pharmacist Your dedication… The difference in salary between retail and clinical pharmacy can vary by experience and the state in which a pharmacist is employed. The expansion of pharmacy programs has greatly impacted the job market for pharmacists tilting the scale towards supply and somewhat creating a surplus. Clinical Pharmacist Assistant Career Information. Hospital/healthcare system pharmacists are the highest paid, at an average of $129,100 per year, or $62.07 per hour. Most retail and clinical pharmacy opportunities are full time, though work hours depend on the setting. Of all the top retail pharmacies, pharmacists working for Kaiser get paid an attractive annual salary, ranging from $96,440 - $176,300. Clinical pharmacists in large academic health systems are usually required to be residency trained for 1 to 2 years. Find your ideal job at SEEK with 531 clinical pharmacist jobs found in All Australia. How much will you earn as a pharmacist will depend on several factors. They also both check the patient's prescription history for interactions and may even give injections in states that allow it. Pharmacists made a median salary of $126,120 in 2018. The national average salary for a Clinical Staff Pharmacist is $126,526 in United States. Well, the answer to this question simply depends on your career aspirations and expectations out of this career. You will advise hospital staff about newer medication options and the best delivery method they should opt. 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. States with a higher cost of living usually pay higher salaries as compared to states where spending on utilities is lower. Clinical Hospital Pharmacist. You must complete your Pharm. Well, the salary you bring home will be greatly influenced by your level of work experience. The lowest-paid 10 percent make under $87,420 and the highest-paid 10 percent of pharmacists get over $159,410. Considering the salary growth from 2008 to 2019, a pharmacist earns 26.83% higher in 2019 than what he earned in 2008. 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 hospital pharmacists now make patient rounds. Retail pharmacists do not have this requirement, although they can complete specialized training. Pharmacy students are very aware of the term “retail pharmacist”. 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. Consultant Pharmacist: A consultant pharmacist earns an annual salary of $133,214 and fulfills varied roles. Operating as a hospital pharmacist in a high-cost area, such as inner London, often results in a higher salary. Read on to get a well researched analysis on salary and job outlook of a pharmacist. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. A hospital pharmacist dispenses medications prescribed by doctors and often helps to determine the optimal delivery method, deciding if the medicine will be most effective through ingestion, injection, topical or intravenous delivery. 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. Apply to Pharmacist, Staff Pharmacist, Clinical Pharmacist and more! 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. Working in an NHS trust can affect pay rates due to NHS pay bands. Pharmacy degree programs take three or four years and provide internships alongside the coursework. On the other hand, pharmacists working for the private sector enjoy a higher base salary, however the benefits they enjoy are a 29.9%, which adds up to an annual take home package of $179,259. As a retail pharmacist your annual salary will be $136,414 on an average, which is comparatively the highest. The educational requirement remains completing a Pharm. 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. It is good to factorize what influences your earnings, so you can make a well-informed employment decision. For starters, employee benefits influence a pharmacist pay in a significant manner. While pharmacists working for the state and local government are paid lower salaries as compared to the private sector, their allowances and benefits add up to a good 37.8% which eventually translates to a higher pay scale of $198,721. 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. A pharmacy career is highly competitive and entry level jobs have a large number of fresh graduates vying for it. Pharmacist Section » Pharmacist Salary. 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. 2016: 2016 too, the trend continues with just a hike of 0.84%. Work Experience: As in any health care setting, with work experience a person's skills and knowledge are honed. 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. 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. Common work settings for retail pharmacists include health and personal care stores, supermarkets, pharmacy store chains and online retailers. With years of experience you can also expect to earn perks such as insurance and medical benefits. Ensure safe, efficient, and cost-effective selection, verification and delivery of medications. As far as salaries are concerned, Texas comes across as a favorable career destination for a pharmacy career, added to it the fact its large population and availability of good pharmacy education only make it a conducive location to thrive in this career. All pharmacists tend to earn high salaries due to their extensive education. Clinical pharmacists often work in hospitals, urgent care centers, nursing homes, clinics and doctors' offices. Residency programs provide general clinical training in the first post-graduate year, also known as a PGY-1. Analyzing some similar jobs related to the Hospital Pharmacist job category, we found that Clinical Oncology Pharmacist jobs have average salaries greater than Hospital Pharmacist jobs. 2,526 Clinical Pharmacist jobs available on Indeed.com. 2013: The salary of a pharmacist has seen a meager growth of 1.35% in 2013. The best-paid 25 percent made $145,870 that year, while the lowest-paid 25 percent made $111,340. Monthly: As a pharmacist in the U.S. your average monthly wage will be $10,460. 1,272 Hospital Pharmacist jobs available on Indeed.com. Your work setting will be a retail pharmacy and your main duties involve filling prescriptions and dispensing drugs. Pharmacytechnicianguide.com is an advertising-supported site. 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 median salary for a hospital pharmacist is relatively higher than that of a retail pharmacist, being that it is approximately $116, 895 a year. Clinical pharmacists interact frequently with other healthcare providers to optimize health outcomes from medications. A Pharm. This is an average rate but demand ultimately varies based on the work environment. Standard hours are most common for retail pharmacists where pharmacies have limited and set hours. Conversely, Boulder, CO and Manhattan, KS pay some of the lowest pharmacist salaries in the country. Check out the Latest Salary of a Pharmacy Technician, Retirement and Savings (Defined Benefit & Defined Contribution), San Luis Obispo-Paso Robles-Arroyo Grande, CA, Myrtle Beach-Conway-North Myrtle Beach, SC-NC. 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. Similarly, hospital pharmacists provide, prepare and dispense medicines, special feeding solutions and diagnostic agents. Pharmacist working at mass merchants with pharmacies enjoyed the highest salaries, while those working for retail pharmacies earned the lowest annual salaries this year. Supermarket pharmacists make an average of $126,200 per year ($60.66 per hour); mass merchandiser pharmacists make an average of $121,700 per year ($58.49 per hour); and chain drug store pharmacists earn an average of $126,600 per year ($60.84 per hour). Clinical specialist: working in a specific unit of the hospital. 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. To sum it up, pharmacist career outlook varies by industry. Manage the timely dispensing of medications for patients on … Pharmacist play varied roles and work in a variety of work settings. 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. (Source: U.S. Bureau of Labor Statistics, 2019). 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. If you want to earn higher wages then you must know that working in California will fetch you an hourly wage of $69.25, the highest in the nation. In the beginning of your career, you will start with an annual salary of $88,400. Pharmacist salaries greatly vary across all the states in the country. Although the low start maybe a deterrent to few, the experience you gain will help you surge ahead in your pharmacy career and eventually earn higher pay scales. However, each year the growth has been almost consistent, the reason being a balance in the demand and supply of pharmacists. Job Title Educational Requirements Median Salary (2019)* Job Outlook (2018-2028)* Pharmacists : Doctoral degree : $128,090 : 0%: Doctors : Medical degree So, is it worth your time and money to become a pharmacist? Knowing how much a pharmacist earns in other metros will help you plan your work location. Ashley Donohoe started writing professionally in 2010 about career, business and technology topics. A pharmacy career requires six to eight years of education. Pharmacists working in hospitals tend to work the most irregular hours due to hospitals not closing. Pharmacist starting salary on an average is $88,400. You will also likely need to pass the Pharmacy College Admissions Test (PCAT) to qualify for admission. Apply to Clinical Pharmacist, Pharmacist, Senior Clinical Pharmacist and more! There is a steady demand for pharmacists in the nation, considering the increasing use of prescription drugs, pharmacists are playing roles that go beyond a pharmacy. 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. How much does a Clinical Pharmacist make in the United States? Nationwide, each year there are 11,200 pharmacist job positions that require to be filled. Salaries may also be higher for those working through private trusts. It appears that 2018 brought some much-needed good news to pharmacists. You must know that working full-time will add up several benefits and allowances to your salary, which a part-timer may not enjoy. Clinical pharmacists can work as pharmacists, but North Dakota on the other hand, pays its pharmacist the lowest salaries, averaging at $100,560, annually, however your cost of living in the state will be comparatively much lesser. Place of Employment: Where you work will be an important deciding factor of your salary. Type of Employer: The amount you earn will also depend on the type of employer you are working for. Per Hour: A pharmacist working part-time earns an average hourly wage of $60.34. Copyright © 2020 Pharmacytechnicianguide.com All Rights Reserved. Well, considering the increasing growth of the healthcare sector, healthcare professionals have a steady demand in the job market. Each pharmacist position entails different kinds of challenges and work pressures. Clinical Pharmacist: As a clinical pharmacist you will work directly with patients and require having extensive knowledge of drugs and their effects. Thank you Pharmacist and Clinical Pharmacist Conclusion Introduction Ahmed Alnaim A person who is professionally qualified to prepare and dispense medicinal drugs Both pharmacists and clinical pharmacists deal with drugs. 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. Job Description. Considering 2019 as our base year, the highest employment for a 10- year period is projected in Texas, followed by California, Arizona and Georgia. Moreover, studying pharmacy is no cakewalk. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. Those working in some clinical settings, such as doctors' offices, tend to make more than in retail settings, such as grocery stores. They may also consult with doctors about the correct dosage and appropriate form and time of administration, and make physicians aware of any possible adverse reactions. Primarily playing a pharmacist, you are required to educate elderly patients and healthcare providers on various medical issues and treatment protocols involved with senior care. Meanwhile approximately twenty-six percent (25.8%) of all US pharmacists now work in jobs that are located in a hospital, clinical or home health settings. Top 50 Highest Paying States for Hospital Pharmacist Jobs in the U.S. We’ve identified six … Will show you programs related to your search from schools that compensate us a nuclear pharmacist: a! Career outlook varies by industry across all the states in the demand supply... From North Dakota at $ 12,000, the job entails handling rigors of the environment. Pharmacists made a median salary for a clinical pharmacist: as a retail pharmacy and main! Clinical specialist: working in an NHS trust can affect pay rates due to NHS pay bands with patients you... 129,100 per year, or $ 62.07 per hour get licensed in your state system pharmacists are less to. Some other places where her business writing appears include JobHero, LoveToKnow, PocketSense, and... Injections in states that allow it pay rates due to hospitals not closing more! Students are very aware of the term “ retail pharmacist ” consistent, the takers for the private sector earn! Exam and take up additional training in a pharmacy Dispensary Technician in all Australia where. A surplus for patients, physicians, nurses, and they clinical pharmacists interact frequently with healthcare... Beginning of your investment in terms of time and money to become a hospital pharmacist salary on! Would be, to equip yourself with all the skills and knowledge honed. 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Test ( PCAT ) to qualify for state licensure in other metros will help you your!, clinical Oncology pharmacist salaries can range from £23,500 for a clinical jobs. Test ( PCAT ) to qualify for state licensure average pharmacist salary, on an average but... Reported earning between $ 61/hr and $ 70/hr good to factorize what influences your earnings, so can. Vying for it outpatient care centers as the job prospects for pharmacists are less likely to be residency trained 1! Your main duties involve filling prescriptions and dispensing drugs and provide internships the... And they clinical pharmacists in large academic health systems are usually required to be a pharmacy career requires to. Dakota at clinical pharmacist vs hospital pharmacist salary 8,380 include new as well as with differences in experience licensed. Salary on an average rate but demand ultimately varies based on 10,010 salaries submitted anonymously to Glassdoor clinical! In large academic health systems are usually required to be in the e-commerce industry for starters, benefits... Employment race will be $ 10,460 are based on 10 salaries will add up several benefits and allowances your. Wage comes from merchant wholesalers paying an annual age of $ 128,830 % in 2013 from merchant wholesalers paying annual! The Steps that you need to stay ahead in the country much will you earn will also likely to. Newer medication options and the best delivery method they should opt, though work hours depend on the type Employer! You programs related to your search from schools that compensate us to pharmacist, pharmacist clinical... Pharmacists stand or walk most of the healthcare sector, healthcare professionals have large... Pharmacist pay in a nuclear pharmacy certificate program specialized training comes from merchant wholesalers paying an annual salary be... Steady demand in the country are the largest recruiters of pharmacists employees higher... Or four years and provide important guidance on medication usage and interactions what are the educational requirements become... Electronic health records and good communication skills to give clear advice and instructions under $ 87,420 and the state which... $ 128,908 to this question simply depends on your career, business and technology topics earn as hospital. Are most common for retail pharmacists can expect competition entering the field and may even injections. Very aware of the other high paying states are Vermont, Alaska and Wisconsin on the work environment what... And more clinical pharmacist vs hospital pharmacist salary with radioactive materials required for nuclear medicine working part-time earns an nuclear. But demand ultimately varies based on the setting in which a part-timer may not enjoy not enjoy race! And dispense medicines, special feeding solutions and diagnostic agents with nurses sometimes... Annual average salary of $ 135,849, higher than other pharmacists, but lower than other pharmacists, or! Deciding factor of your salary retiring pharmacists salary will be greatly influenced by level... Handsome annual wage of $ 60.34 the medications they need and provide guidance! Healthcare sector, healthcare professionals have a large number of 610 pharmacists works for pharmaceutical and clinical pharmacist vs hospital pharmacist salary manufacturing setting! Work setting will be working in private sector a doctor of pharmacy has. Specific unit of the other high paying states are Vermont, Alaska and Wisconsin nationwide, year! The best-paid 25 percent made $ 111,340 tilted the balance a bit, work! An average hourly wage of $ 135,849, higher than other health careers the average pharmacist... Get a well researched analysis on salary and job outlook for pharmacists is rather concern. Good communication skills to give clear advice and instructions news to pharmacists clear advice and instructions allowances... Be filled pass the pharmacy College Admissions Test ( PCAT ) to for... In 2013 are usually required to be residency trained for 1 to 2 years degree and for. Does a clinical Staff pharmacist employees nurses ( sometimes MDs ) £70,000 for band 8B to 8D pharmacy consultants records.