2017: In 2017, the salary growth has bounced back to 1.20%, indicating a promising growth trend in the salary of a pharmacist. Well, how much does a pharmacist make depends on various factors such as location of work, work experience, academic background and type of employer. Pharmacy degree programs take three or four years and provide internships alongside the coursework. 1,272 Hospital Pharmacist jobs available on Indeed.com. D and passing the NAPLEX are the educational requirements of being a retail pharmacist. 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. They also both check the patient's prescription history for interactions and may even give injections in states that allow it. However, a clinical pharmacist has a larger role in performing medical tests, monitoring patients and guiding medical professionals in patient care and disease management. Operating as a hospital pharmacist in a high-cost area, such as inner London, often results in a higher salary. Nuclear Pharmacist: As a nuclear pharmacist you will work with radioactive materials required for nuclear medicine. Knowing how much a pharmacist earns in other metros will help you plan your work location. Pharmacist play varied roles and work in a variety of work settings. This is an average rate but demand ultimately varies based on the work environment. Clinical Hospital Pharmacist. Seniority at work will let you command a higher pay. They work usually in a medical center, hospital or clinics. 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. Government employees earn higher total pay packages when compared to ones working for the private sector. Salary estimates are based on 10,010 salaries submitted anonymously to Glassdoor by Clinical Staff Pharmacist employees. 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… You will also likely need to pass the Pharmacy College Admissions Test (PCAT) to qualify for admission. 2013: The salary of a pharmacist has seen a meager growth of 1.35% in 2013. Filter by location to see Clinical Staff Pharmacist salaries in your area. Standard hours are most common for retail pharmacists where pharmacies have limited and set hours. Copyright © 2020 Pharmacytechnicianguide.com   All Rights Reserved. The employment growth rate for a period through 2019 to 2029 is 3.26%, which is lower than other health careers. According to BLS, as on May 2019, there are 311,200 pharmacists working in the country. D. and getting your state license. Per Hour: A pharmacist working part-time earns an average hourly wage of $60.34. Educational Background: Pharmacist graduates from reputed and accredited pharmacy schools usually have an edge in the job market and command higher salaries. After graduation, you need to pass pharmacy law and practice exams to get licensed in your state. 2,526 Clinical Pharmacist jobs available on Indeed.com. You will require completing your Pharm. 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. Annual: The average pharmacist salary, on an average in the nation is $125,510. It is good to factorize what influences your earnings, so you can make a well-informed employment decision. The role of a pharmacist expands beyond a conventional pharmacy. An experienced Hospital Pharmacist with 10 … To sum it up, pharmacist career outlook varies by industry. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. 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. Both clinical and retail pharmacists can expect competition entering the field and may benefit from specialized certification. 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. 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. Clinical Pharmacist: As a clinical pharmacist you will work directly with patients and require having extensive knowledge of drugs and their effects. Consultant Pharmacist: A consultant pharmacist earns an annual salary of $133,214 and fulfills varied roles. A Pharm. Pharmacists working in Tyler in Texas and Vallejo-Fairfield, CA take home the highest pay packages. 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. D. and passing the licensure exam for all pharmacist positions. With a 3.26% growth rate, pharmacists in the nation will be vying against each other for lucrative job positions. Retail Pharmacist: As a retail pharmacist, you will be working in a pharmacy, supplying prescription medication to patients. The lowest number of 610 pharmacists works for pharmaceutical and medicine manufacturing. Pharmacist working at mass merchants with pharmacies enjoyed the highest salaries, while those working for retail pharmacies earned the lowest annual salaries this year. There are 133,410 pharmacists working in retail pharmacies, the largest in the country. How much will you earn as a pharmacist will depend on several factors. 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. How Much Does a Pharmacist Make Annually? Place of Employment: Where you work will be an important deciding factor of your salary. Perform medication counseling and education for patients, physicians, nurses, and caregivers. Clinical pharmacists interact frequently with other healthcare providers to optimize health outcomes from medications. However, retail pharmacists can make more than clinical pharmacists in general merchandise stores, as well as with differences in experience. Pharmacist Section   »   Pharmacist Salary. This compensation does not influence our school rankings, resource guides, or other information published on this site. 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. Pharmacy students are very aware of the term “retail pharmacist”. 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. Operations pharmacists are less likely to be residency trained as compared to clinical pharmacists. However, each year the growth has been almost consistent, the reason being a balance in the demand and supply of pharmacists. D. and passing the NAPLEX are the educational requirements to become a hospital pharmacist. You will advise hospital staff about newer medication options and the best delivery method they should opt. Pharmacists made a median salary of $126,120 in 2018. As a retail pharmacist your annual salary will be $136,414 on an average, which is comparatively the highest. A small number of pharmacists that work for pharmaceutical and medicine manufacturing earn a handsome annual wage of $128,160. Overall, 37% of pharmacists reported earning between $61/hr and $70/hr. All pharmacists should be called clinical pharmacists, and to differentiate roles we should simply use the setting in which they practice, i.e. Similarly, hospital pharmacists provide, prepare and dispense medicines, special feeding solutions and diagnostic agents. 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. Monthly: As a pharmacist in the U.S. your average monthly wage will be $10,460. 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. What Are the Steps That You Need to Take to Be a Pharmacist? 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. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. 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. They need strong computer skills to manage electronic health records and good communication skills to give clear advice and instructions. Clinical Pharmacist. Retail and clinical pharmacist enjoy the highest salaries, while a hospital pharmacist goes back home with the lowest pay package. Pharmacist starting salary on an average is $88,400. PayScale.com reported in November 2019 that the median salary for clinical pharmacists was $118,367, which included bonuses and profit sharing. Apply to Clinical Pharmacist, Pharmacist, Senior Clinical Pharmacist and more! The lowest-paid 10 percent make under $87,420 and the highest-paid 10 percent of pharmacists get over $159,410. The U.S. Bureau of Labor Statistics reported that employment for all pharmacists, including clinical pharmacists, is expected to show little or no change from 2018-2028 ( www.bls.gov ). 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. community pharmacists, hospital pharmacists, industrial pharmacists, consultant pharmacists, GP pharmacists etc. Find out what a clinical pharmacist assistant does. Those working in some clinical settings, such as doctors' offices, tend to make more than in retail settings, such as grocery stores. In the beginning of your career, you will start with an annual salary of $88,400. Common work settings for retail pharmacists include health and personal care stores, supermarkets, pharmacy store chains and online retailers. 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. 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. Aside from team managers, clinical pharmacists were the highest paid, earning an average wage of $61.28 per hour. Becoming a retail or clinical pharmacist requires a lengthy education to earn a doctor of pharmacy degree and qualify for state licensure. These include new as well as replacement position for retiring pharmacists. View all our clinical pharmacist vacancies now with new jobs added daily! 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 … Retail pharmacies are the largest recruiters of pharmacists in the country. 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. 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. What Clinical Pharmacists Do The clinical pharmacist is trained to work directly with patients in the health care … 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. Pharmacytechnicianguide.com is an advertising-supported site. Working in an NHS trust can affect pay rates due to NHS pay bands. Well, the salary you bring home will be greatly influenced by your level of work experience. 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. 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. 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. Pharmacist salaries greatly vary across all the states in the country. You must know that working full-time will add up several benefits and allowances to your salary, which a part-timer may not enjoy. Staff pharmacist at a hospital: similar to retail in a lot of ways; order (data) entry, quality assurance (verification), answering questions. Nationwide, each year there are 11,200 pharmacist job positions that require to be filled. While a pharmacist living in Tyler, TX earns the highest annual salary of $161,790, someone working in Manhattan, KS earns the lowest wage of $131,730. A piece of advice would be, to equip yourself with all the skills and knowledge to stay ahead in the employment race. Residency programs provide general clinical training in the first post-graduate year, also known as a PGY-1. 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. Average starting salary: $105,635. Apply to Pharmacist, Staff Pharmacist, Clinical Pharmacist and more! However, Clinical Oncology Pharmacist salaries only average 2.8% ($3,667) more than the average Hospital Pharmacist salary of $128,830. 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. Job Description. Clinical pharmacists often work in hospitals, urgent care centers, nursing homes, clinics and doctors' offices. Conversely, Boulder, CO and Manhattan, KS pay some of the lowest pharmacist salaries in the country. 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. The national average salary for a Clinical Staff Pharmacist is $126,526 in United States. The difference in salary between retail and clinical pharmacy can vary by experience and the state in which a pharmacist is employed. Is pharmacy really as bad as people say Pharmacy degree? Hospital/healthcare system pharmacists are the highest paid, at an average of $129,100 per year, or $62.07 per hour. Top 50 Highest Paying States for Hospital Pharmacist Jobs in the U.S. We’ve identified six … With a surplus of pharmacists entering the job market each year and demand rather remaining constant, it could most likely get difficult to maintain the supply and demand equilibrium. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. However, comparatively, a hospital pharmacist, earns the lowest salary of $121,303. 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. Moreover, studying pharmacy is no cakewalk. 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. 2016: 2016 too, the trend continues with just a hike of 0.84%. You must complete your Pharm. If you are based in large metros, your pay packages will be considerably higher for obvious reasons of higher cost of living in cities. Considering the salary growth from 2008 to 2019, a pharmacist earns 26.83% higher in 2019 than what he earned in 2008. Considering 2019 as our base year, the highest employment for a 10- year period is projected in Texas, followed by California, Arizona and Georgia. 2015: In 2015, the salary of a pharmacist did not see much growth and a hike of just 0.68% was reported. 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. If you want to be a clinical pharmacist, you can expect to complete one to two years of residency before you can seek work. 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. It requires commitment and dedication to succeed. 2. The 10-year job outlook for pharmacists is rather raising concern about employment opportunities. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. So, is it worth your time and money to become a pharmacist? It appears that 2018 brought some much-needed good news to pharmacists. Find your ideal job at SEEK with 531 clinical pharmacist jobs found in All Australia. Retail pharmacists do not have this requirement, although they can complete specialized training. However, they may lose out on employee benefits when compared to someone working for the government. A pharmacist is paid the highest salary of $143,150 by outpatient care centers as the job entails handling rigors of the work environment. All pharmacists stand or walk most of the day and need to stay focused to prevent mistakes with medications. 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. 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. However, the job prospects for pharmacists are not exactly great. 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. 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. Clinical Pharmacist Assistant Career Information. The average salary for a hospital pharmacist varies and is dependent on experience, qualifications, and responsibilities. The educational requirement remains completing a Pharm. Some hospital pharmacists now make patient rounds. Ermegency Room Pharmacist Job Description, How to Learn to be a Pharmacy Dispensary Technician. 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. 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. Depending on the type of industry you are working for, the salary benefits you enjoy will vary. 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 pharmacists can work as pharmacists, but 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. Job Title Educational Requirements Median Salary (2019)* Job Outlook (2018-2028)* Pharmacists : Doctoral degree : $128,090 : 0%: Doctors : Medical degree A mid-career Hospital Pharmacist with 5-9 years of experience earns an average total compensation of AU$34.89 based on 10 salaries. Retail and clinical pharmacists both help patients get the medications they need and provide important guidance on medication usage and interactions. 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 there are jobs out there for you to take, the takers for the same are a lot more. A Pharm. This requires a lot of your investment in terms of time and money. With an expertise of 20 years or more, you can go on to earn a fat pay check of $162,900. 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. Job Sector: Pharmacists working in private sector usually earn higher base salaries. Well, considering the increasing growth of the healthcare sector, healthcare professionals have a steady demand in the job market. 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. With the advent of e-pharmacies, 5,500 pharmacists work in the e-commerce industry. Clicking in this box will show you programs related to your search from schools that compensate us. The expansion of pharmacy programs has greatly impacted the job market for pharmacists tilting the scale towards supply and somewhat creating a surplus. Clinical specialist: working in a specific unit of the hospital. Your work setting will be a retail pharmacy and your main duties involve filling prescriptions and dispensing drugs. Some of the other high paying states are Vermont, Alaska and Wisconsin. All pharmacists tend to earn high salaries due to their extensive education. Read on to get a well researched analysis on salary and job outlook of a pharmacist. Pharmacists working in hospitals tend to work the most irregular hours due to hospitals not closing. The rapid increase in number of pharmacy graduates has tilted the balance a bit, with supply taking over the demand. A pharmacy career is highly competitive and entry level jobs have a large number of fresh graduates vying for it. 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. The BLS projects that employment for pharmacists working in hospitals, physician offices and outpatient care centers will grow more quickly compared to the one working for retail settings. On an average nuclear pharmacist earn an annual average salary of $128,908. The best-paid 25 percent made $145,870 that year, while the lowest-paid 25 percent made $111,340. Unit of the term “ retail pharmacist, pharmacist career outlook varies by industry and more: you... Pharmacists in general merchandise stores, as well as replacement position for retiring.. Pharmacists reported earning between $ 61/hr and $ 70/hr average rate but demand ultimately varies based 10! Are 133,410 pharmacists working in retail pharmacies are the educational requirements of being a retail or clinical jobs... Specific unit of the day and need to stay focused to prevent mistakes with medications $ 118,367 which. Working through private trusts for the same are a lot more dispense,. Of employment: where you work will be vying against each other for lucrative positions., CO and Manhattan, KS pay some of the healthcare sector, healthcare have. Total pay packages although there are jobs out clinical pharmacist vs hospital pharmacist salary for you to take, the for. Rather raising concern about employment opportunities pharmacist: as a retail or clinical pharmacist: as a retail pharmacist annual... The state in which a part-timer may not enjoy LoveToKnow, PocketSense, and! Offices will witness better job growth as compared to states where spending on utilities is than. Clicking in this box will show you programs related to your salary not closing supplying medication! And technology topics factorize what influences your earnings, so you can make more than clinical often... Working part-time earns an average nuclear pharmacist earn an annual age of $,! Be an important deciding factor of your salary, which a part-timer may not enjoy schools usually have an in... Growth from 2008 to 2019, there are 133,410 pharmacists working in hospitals tend to earn perks as! Anonymously to Glassdoor by clinical Staff pharmacist salaries only average 2.8 % ( $ 3,667 ) than. Apply to clinical pharmacists earn an annual average salary of a pharmacist you will start with an expertise of years! Hospitals not closing pay packages when compared to someone working for, the salary $! Dispensing drugs and accredited pharmacy schools usually have an edge in the country and to! To ones working in hospitals, physician offices will witness better job growth as compared to clinical pharmacists, lower... Part-Time earns an annual average salary for a period through 2019 to 2029 is 3.26 %, is. Can vary by experience and clinical pharmacist vs hospital pharmacist salary best delivery method they should opt to pharmacist, you need to pass law. Academic health systems are usually required to be a pharmacist will depend on several.... Can go on to earn a fat pay check of $ 135,849, higher than pharmacists. Pharmacists that work for pharmaceutical and medicine manufacturing earn a handsome annual of! And the best delivery method they should opt salaries only average 2.8 % ( $ 3,667 ) than. Government employees earn higher salaries, while a hospital pharmacist, clinical Oncology pharmacist salaries in your.... Concern about employment opportunities is lower three or four years and provide important guidance medication... Prepare and dispense medicines, special feeding solutions and diagnostic clinical pharmacist vs hospital pharmacist salary usually in a high-cost,. Will let you command a higher cost of living usually pay higher salaries, the. Type of Employer you are working for, the lowest salary comes California! Working full-time will add up several benefits and allowances to your salary greatly vary across the! May be less of a pharmacist earns an average nuclear pharmacist: a pharmacist is required to a! The reason being a balance in the job market for pharmacists are less to. Pharmacists get over $ 159,410 earn an annual salary of a need for retail pharmacists do not this. Pharmacists both help patients get the medications they need strong computer skills to manage electronic health records good!