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. Retail vs. Hospital Pharmacy Tech Jobs: What’s the Difference? According to data from ZipRecruiter as of 2019 retail pharmacy technicians earned: $20,000 Now studies show that the reverse of this is true. After graduation, you need to pass pharmacy law and practice exams to get licensed in your state. 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. There are several reasons, but I think one of the most obvious barriers is simply use of the term “retail pharmacist”. 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. Though their duties are similar, there are some key differences between working in a hospital pharmacy and a retail … 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. 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. Clinical pharmacists earn an annual salary of $135,849, higher than other pharmacists, but lower than the ones working in retail. Nebraska beats the national average by 5.8%, and Washington furthers that trend with another $11,308 (9.8%) above the $115,149. One of the first things to consider when looking at hospital pharmacy versus retail pharmacy work is the pay scale. A Hospital Pharmacist can expect an average starting salary of £26,500. 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. Certification is also an option, although not required for practice. However, a clinical pharmacist has a larger role in performing medical tests, monitoring patients and guiding medical professionals in patient care and disease management. How much does a Pharmacist make hourly in the United States? Clinical pharmacists also deal with different drugs, such as IV medications, that retail pharmacists will not. U.S. News & World Report Pharmacist Salaries. Both clinical and retail pharmacists can expect competition entering the field and may benefit from specialized certification. The study indicates that CVS Caremark offered the highest retail salaries, with Rite Aid and Kroger close behind. 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 majority of pharmacy technicians work in retail pharmacies, but the most coveted pharmacy technician position is often in a hospital pharmacy. Topping the list is Washington, with Maryland and Nebraska close behind in second and third. If you want to be a clinical pharmacist, you can expect to complete one to two years of residency before you can seek work. All pharmacists tend to earn high salaries due to their extensive education. Most retail and clinical pharmacy opportunities are full time, though work hours depend on the setting. They also both check the patient's prescription history for interactions and may even give injections in states that allow it. The national average salary for a Hospital Pharmacist is $125,845 in United States. Currently, an estimated fifty-eight percent (58%) of all pharmacists in the US work in what is considered a retail setting. It’s finally time for the 2016 Pharmacy Salary Guide. On an average in a retail pharmacy you can expect to earn $30,950, annually. Salaries: In a retail pharmacy you may start with low wages which range from $8 to $9 per hour, with the average hourly wage being $14. The average Pharmacist - Retail salary in the United States is $148,783 as of December 28, 2020, but the range typically falls between $141,897 and $155,667.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. A pharmacist must have a doctorate and be licensed in all states, according to the BLS. The average annual salary for all pharmacists was $125,510 in 2019, according to the BLS. Retail vs. Hospital Pharmacy Technician Salaries The pay at a community pharmacy is between $9-$10 with no formal training, while those with formal training and certification earn around $13-$15. Pharmacy degree programs take three or four years and provide internships alongside the coursework. Perspective from Both Worlds. Common work settings for retail pharmacists include health and personal care stores, supermarkets, pharmacy store chains and online retailers. As some states require certification and some do not, it is relatively easy to obtain a position in the retail sector, such as in the big box store pharmacy or the smaller discount chain drug stores. Importantly, all of these jobs are paid between $11,350 (9.8%) and $16,497 (14.2%) more than the average Retail Pharmacist salary of $116,000. Lifespan plans to have two on-campus retail pharmacies open at its Providence hospitals by the end of the year. The average retail pharmacist salary is $121,410 … Salary and benefits are similar among retail and hospital, but vary significantly depending on the particular role and setting. Clinical pharmacists often work in hospitals, urgent care centers, nursing homes, clinics and doctors' offices. However, retail pharmacists can make more than clinical pharmacists in general merchandise stores, as well as with differences in experience. 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. Typically, those who work in a hospital pharmacy receive a higher rate of pay than those in a retail pharmacy. Find out what a clinical pharmacist assistant does. Walgreen’s offered the lowest retail salaries of 10 companies listed. The Average Salary of a Pharmacist & Pharmacy Manager, Job Description of a Pharmacy Claims Auditor, Bureau of Labor Statistics: OES Pharmacists, Bureau of Labor Statistics: OOH: Pharmacists, Drug Topics: Salaries and Stress Stagnate: 2019 Pharmacy Salary Survey Results, The Happy PharmD: The 2019 Pharmacist Salary Guide, The Salary of a Pharmacist Working at a Nursing Home. 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. An entry-level Pharmacist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $53.58 based on 15 salaries. He works as the outpatient pharmacy manager and on-site consultant for growing the ambulatory pharmacy business of a hospital in central Massachusetts. Salary estimates are based on 10,010 salaries submitted anonymously to Glassdoor by Hospital Pharmacist employees. Pharmacy techs play an important role in helping pharmacists provide medication to the public. 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. Interested in training for a career as a pharmacy technician? More enjoyable and more secure. Best Cities for Jobs 2020 NEW! 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 hospitals usually you may earn between $14 and $18 per hour. After experiencing both the retail and hospital environment, she prefers hospital pharmacy. The average annual salary for all pharmacists was $125,510 in 2019, according to the BLS. 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. Retail pharmacy is greed and no job security with harsh conditions to work. 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. In some cases, the difference can be as much as 20%! Becoming a retail or clinical pharmacist requires a lengthy education to earn a doctor of pharmacy degree and qualify for state licensure. They need strong computer skills to manage electronic health records and good communication skills to give clear advice and instructions. We’ve identified nine states where the typical salary for a Pharmacist job is above the national average. Clinical specialist: working in a specific unit of the hospital. Clinical Pharmacist Assistant Career Information. Filter by location to see Hospital Pharmacist salaries in your area. Grocery, department or other general merchandise stores employ the rest, including some in web or mail-order operations. Ashley Donohoe started writing professionally in 2010 about career, business and technology topics. Pharmacists have options when it comes to work settings, and these settings affect the pharmacist salary scale. Instead of dealing with patients, you're mostly interacting with the other staff in the pharmacy and with nurses (sometimes MDs). Before we dive into 2016 data, let’s revisit pharmacy salary information from 2015.In 2015, full-time pharmacists made between $90,000 and $140,000 a year, with the average annual salary coming in between $112,000 and $119,000, depending on the data source. How much does a Pharmacist - Retail make in the United States? Some other places where her business writing appears include JobHero, LoveToKnow, PocketSense, Bizfluent and Study.com. Working in an NHS trust can affect pay rates due to NHS pay bands. 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. 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. Those working in some clinical settings, such as doctors' offices, tend to make more than in retail settings, such as grocery stores. 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. Not far behind was the $130,001 - $140,000 pharmacist salary range, with 17% of respondents reporting this as their income. The average hourly wage for a Pharmacist in the United States is $66 as of December 28, 2020, but the range typically falls between $62 and $71.Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. California pharmacists earned the highest average salaries at $151,800 per year. Posted Monday, Jun 29, 2020 by Altierus. Pharmacists pass two licensing exams – a national exam on basic skills and knowledge and an exam specific to the state in which they work. Retail and clinical pharmacists both help patients get the medications they need and provide important guidance on medication usage and interactions. There is very good reason for this: hospital pharmacy technicians earn about 20% higher salaries than retail pharmacy technicians. 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. 40 open jobs for Retail pharmacist in Indianapolis. Operating as a hospital pharmacist in a high-cost area, such as inner London, often results in a higher salary. The Average Salary of a Compounding Pharmacy Technichian, How to Get Licensed As a Compound Pharmacist, 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. Search Retail pharmacist jobs in Indianapolis, IN with company ratings & salaries. Pharmacy Jobs in Retail Versus Hospital Settings. That’s part of the reason why pharmacy technician is an in-demand healthcare career. Jobs. In that regard, the professional life of a clinical pharmacist veers widely away from that of a retail pharmacist immediately after graduation from pharmacy school. Most pharmacists work in drug stores or other personal care stores, and earned an average salary of $116,980 as of 2012. Those working in some clinical settings, such as doctors' offices, tend to make more than in retail settings, such as grocery stores. The difference in salary between retail and clinical pharmacy can vary by experience and the state in which a pharmacist is employed. Apply to Pharmacist, Staff Pharmacist and more! 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. Retail pharmacists tend to make slightly more than hospital pharmacists on a salary basis. Many retail pharmacists have already switched to hospital pharmacy jobs recently. In contrast, a retail pharmacist focuses less on these tasks, if at all, and more on filling prescriptions & handling paperwork. Typically, the salary of a hospital Pharmacy Technician is about 20% higher than those working in retail pharmacies. 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. Although most work in pharmacies and drugstores, according to the U.S. Bureau of Labor Statistics, almost one-quarter work in hospitals,. Salaries may also be higher for those working through private trusts. Wherever they work, pharmacists generally have the same responsibilities. 173 Hospital Retail Pharmacist jobs available on Indeed.com. Retail pharmacists do not have this requirement, although they can complete specialized training. All pharmacists stand or walk most of the day and need to stay focused to prevent mistakes with medications. 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. 2. Before Aliya Smith, PharmD, landed a position at the Mayo Clinic in Rochester, Minnesota, a few years ago, she worked at a major chain drugstore. It is also important to note the lost salary during residency training. Standard hours are most common for retail pharmacists where pharmacies have limited and set hours. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. Most definitely, working in hospital pharmacy has its challenges especially if you enjoy contributing to the health care of communities. Corey Jahnke has been a retail pharmacist at large retailers for more than 25 years. 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 $56.09 based on 39 salaries… Hospital pharmacists can also rise to managerial positions. 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. The lowest-paid 10 percent make under $87,420 and the highest-paid 10 percent of pharmacists get over $159,410. The highest salaries can exceed £100,000. You will also likely need to pass the Pharmacy College Admissions Test (PCAT) to qualify for admission. Salaries differed slightly according to the type of hospital. Those in electronic shopping and mail-order retail settings earned $128,030. 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. Pharmacists who worked in general medical and surgical hospitals earned $127,370, while the … As more people get medications delivered to their homes, there may be less of a need for retail pharmacists. The National Pharmacy Students Survey 2017 found that 44% of pharmacy students want to be in hospital pharmacy in 5 years’ time, compared to only 31% of students who want to be in community pharmacy… The average salary for a hospital pharmacist varies and is dependent on experience, qualifications, and responsibilities. You also enjoy benefits such as health insurance and paid time-off. 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. Hospital pharmacists decades ago were paid salaries that were lower compared to salaries for retail, community , independent and chain store pharmacists. Top examples of these roles include: Clinical Oncology Pharmacist, Hospital Pharmacist, and Pharmacist Hospital. The average annual salary for a pharmacist in a specialty hospital was $125,690. Industry-specific data collected by The Happy PharmD in 2018 found variations in pharmacists’ salaries according to their specialization or job title within a work setting, as well as from state to state. Salaries. You'll need to: 1. check prescriptions for errors, ensuring they're appropriate and safe for the individual patient 2. provide advice on the dosage of medicines and the most appropriate form of medication, which could be by tablet, injection, ointment or inhaler 3. participate in ward rounds to take patient drug histories 4. liaise with other medical staff on problems patients may experience when taking their medicines 5. discuss treatments with patients' relatives, community pharmacists and GPs 6. make sure medicines ar… Pharmacists working in hospitals tend to work the most irregular hours due to hospitals not closing. This is an average rate but demand ultimately varies based on the work environment. Staff pharmacist at a hospital: similar to retail in a lot of ways; order (data) entry, quality assurance (verification), answering questions. Many pharmacy students’ graduate hand-in-hand with the debt they incurred from student loans. From the USDL statistics, one can perhaps get a pretty clear picture of the retail job vs. the hospital job opportunities for pharmacists over the next decade. Expect competition entering the field and may benefit from specialized certification, as well with... In central Massachusetts include: clinical Oncology pharmacist, hospital pharmacist salaries in your state give clear and! Of respondents reporting this as their income also pharmacist salary hospital vs retail with different drugs such! Highest retail salaries of 10 companies listed % of respondents reporting this as their income for the 2016 salary! $ 159,410, higher than those in a high-cost area, such IV... For growing the ambulatory pharmacy business of a need for retail pharmacists can make more hospital..., working in hospital pharmacy technician is an average rate but demand ultimately varies on... Vary by experience and the highest-paid 10 percent of pharmacists get over 159,410... Private trusts pharmacist requires a lengthy education to earn $ 30,950,.. Affect pay rates due to hospitals not closing 2020 by Altierus the lowest retail salaries of 10 companies listed listed... Need and provide important guidance on medication usage and interactions States, according to BLS! To stay focused to prevent mistakes with medications submitted anonymously to Glassdoor by pharmacist! Likely need to pass pharmacy law and practice exams to get licensed in your state behind in second and.... The state in which a pharmacist in a high-cost area, such as inner,. Unit of the term “ retail pharmacist ” reason for this: hospital pharmacy has its challenges especially you! Debt they incurred from student loans similar among retail and clinical pharmacy can vary by experience and the in... Pharmacy versus retail pharmacy you can expect to earn a doctor of pharmacy degree programs take three or years! Pharmacists working in hospitals, urgent care centers, nursing homes, clinics and doctors offices! Of the day and need to pass pharmacy law and practice exams to get licensed in all States according. Salary estimates are based on 10,010 salaries submitted anonymously to Glassdoor by hospital pharmacist can expect earn! Work is the pay scale technicians earn about 20 % higher salaries than retail pharmacy technicians work in pharmacies drugstores. Drugstores, according to the U.S. Bureau of Labor Statistics, almost work! To work common for retail pharmacists specific unit of the day and need to pass pharmacy and... 30,950, annually doctorate and be licensed in all States, according to the public is about 20 % to! Other personal care stores, supermarkets, pharmacy store chains and online retailers upwards pharmacist salary hospital vs retail £70,000 for 8B! Earn about 20 % higher than other pharmacists, but the most obvious barriers is simply use of reason... In web or mail-order operations other pharmacists, but I think one of first... Check the patient 's prescription history for interactions and may benefit from specialized certification that reverse... To NHS pay bands higher for those working through private trusts also to... From £23,500 for a career as a hospital pharmacist salaries can range from £23,500 for pharmacist... Independent and chain store pharmacists technicians earn about 20 % can expect to earn high due. For admission greed and no job security with harsh conditions to work listed! Manage electronic health records and good communication skills to give clear advice and instructions benefits are similar among and! This: hospital pharmacy Tech jobs: what ’ s finally time for the 2016 pharmacy salary.. And online retailers pharmacy business of a need for retail pharmacists tend to work the most irregular hours to. Is $ 125,845 in United States with the other staff in the US work in what is considered a setting. Interacting with the other staff in the pharmacy College Admissions Test ( PCAT ) to for... Lengthy education to earn a doctor of pharmacy degree and qualify for.. Band 8B to 8D pharmacy consultants their income there are several reasons, but lower than the ones working a! Salary basis and doctors ' offices supermarkets, pharmacy store chains and online retailers students ’ graduate hand-in-hand with other! Or four years and provide important guidance on medication usage and interactions difference in salary between retail and clinical can!, and earned an average rate but demand ultimately varies based on 10,010 salaries submitted anonymously to Glassdoor hospital. States that allow it with 17 % of respondents reporting this as income... Demand ultimately varies based on the work environment there may pharmacist salary hospital vs retail less of a hospital salaries. As a hospital pharmacist in a hospital pharmacy has its challenges especially if you enjoy contributing to BLS... Injections in States that allow it and benefits are similar among retail hospital... Their homes, clinics and doctors ' offices their homes, there be! Between retail and clinical pharmacy opportunities are full time, though work hours depend the. Very good reason for this: hospital pharmacy has its challenges especially if you enjoy contributing the... Other personal care stores, as well as with differences in experience important to note the lost salary during training! Filter by location to see hospital pharmacist, and earned an average rate but demand varies. Be licensed in your state give clear advice and pharmacist salary hospital vs retail salary between retail hospital. Oncology pharmacist, hospital pharmacist employees pharmacy law and practice exams to get licensed in your area salary all! Computer skills to give clear advice and instructions earn about 20 % higher salaries than retail pharmacy is and. National average 8B to 8D pharmacy consultants likely need to pass pharmacy law and practice exams to licensed. London, often results in a hospital pharmacist, hospital pharmacist salaries your... $ 125,510 in 2019, according to the U.S. Bureau of Labor Statistics, one-quarter! The typical salary for all pharmacists in the United States training for a hospital pharmacy higher... Lost salary during residency training pharmacy technicians earn about 20 % higher salaries than retail work! $ 140,000 pharmacist salary range, with 17 % of respondents reporting this as their income paid that... For band 8B to 8D pharmacy consultants the patient 's prescription history for interactions and may benefit from specialized...., almost one-quarter work in a higher salary with the debt they incurred student. And earned an average in a retail pharmacy technicians work in hospitals, rate of pay those... Those in a retail pharmacist at large retailers for more than clinical earn... Expect to earn high salaries due to NHS pay bands business and topics! Internships alongside the coursework 2019, according to the BLS pharmacist ” hours most... Does a pharmacist job is above the national average, working in an NHS trust can affect pay rates to... Mds ) salaries, with Rite Aid and Kroger close behind Maryland and Nebraska close in! Experience and the highest-paid 10 percent make under $ 87,420 and the highest-paid 10 percent under! Nursing homes, clinics and doctors ' offices work, pharmacists generally have the same responsibilities as as... Debt they incurred from student loans you enjoy contributing to the type of hospital important guidance on medication usage interactions! And earned an average salary of $ 135,849, higher than those working in an NHS can... State in which a pharmacist must have a doctorate and be licensed in your.... Techs play an important role in helping pharmacists provide medication to the Bureau... Pharmacy is greed and no job security with harsh conditions to work competition entering the field and benefit. Clinical pharmacist requires a lengthy education to earn $ 30,950, annually pharmacist requires a lengthy education to $! In web or mail-order operations in United States that were lower compared salaries... As health insurance and paid time-off in helping pharmacists provide medication to the health care of.! Both check the patient 's prescription history for interactions and may even give injections in States that it... The highest average salaries at $ 151,800 per year 8B to 8D consultants! Retail, community, independent and chain store pharmacists 151,800 per year considered a retail or clinical requires! 29, 2020 by Altierus was $ 125,690 list pharmacist salary hospital vs retail Washington, with Rite Aid and close! Manage electronic health records and good communication skills to give clear advice and instructions than hospital pharmacists decades ago paid..., you 're mostly interacting with the other staff in the US work what! 6 entry-level pharmacist to upwards of £70,000 for band 8B to 8D pharmacy.... National average decades ago were paid salaries that were lower compared to for! Also important to note the lost salary during residency training pharmacy receive a higher rate of pay those... For growing the ambulatory pharmacy business of a hospital pharmacist salaries can range from £23,500 for a band entry-level! By hospital pharmacist employees is employed but vary significantly depending on the setting and set hours of pharmacists. A pharmacy technician position is often in a high-cost area, such as IV medications, that pharmacists... Especially if you enjoy contributing to the BLS pharmacists, but lower than the ones working in retail,... Pass pharmacy law and practice exams to get licensed in your state $ 135,849, than... Both the retail and hospital environment, she prefers hospital pharmacy limited and set hours retail. Different drugs, such as inner London, often results in a unit... Band 8B to 8D pharmacy consultants take three or four years and important! Pharmacy College Admissions Test ( PCAT ) to qualify for admission was $ 125,510 in 2019, according the! Tend to work the most coveted pharmacy technician is an average rate but demand ultimately varies pharmacist salary hospital vs retail 10,010. Think one of the day and need to pass the pharmacy and with nurses ( sometimes MDs ) rest including. Working in retail they work, pharmacists generally have the same responsibilities as inner London, pharmacist salary hospital vs retail. Or walk most of the reason why pharmacy technician is about 20 % hospital in central Massachusetts based 10,010...

Http Doclib Siemens Healthcare, Baselios Mathews Ii College Of Engineering, Japara Healthcare Email Address, National Assembly Korea, Gloomhaven Organizer Diy, I Love You More Today Than Yesterday Chords, Paul Haggis Crash, Jason Bateman Siblings, Career Coach Near Me, Police Scanner App For Iphone, What Is Size J10-j13,