Pharmacist Salary

Average pay for Pharmacists in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($107K). In the world of Pharmacists, overall cash allowance can occasionally include more than $9K from bonuses and, in some exceptional cases, $10K from profit sharing, causing incomes to vary widely between $83K and $133K. The most important factor affecting compensation for this group is geography, followed by the company and years of experience. Medical benefits are awarded to a large number, and the greater part earn dental coverage. Job satisfaction is high and work is enjoyable for most Pharmacists. Women are just slightly outnumbered, with male Pharmacists making up 51 percent of survey respondents. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$74,291 - $128,759
(Median)
$74K
$110K
$130K
MEDIAN: $107,149
10%
50%
90%

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$45.81 - $64.12
(Median)
$46
$56
$64
MEDIAN: $55.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$74,291 - $128,759  
   
Bonus
$0.00 - $8,774  
Profit Sharing
$506 - $10,151  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$83,351 - $132,957  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 3,590
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32$64$96
Hourly Rate
$45.81 - $64.12  
   
Overtime
$23.59 - $94.87  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Bonus
$0.00 - $8,774  
   
Profit Sharing
$506 - $10,151  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$83,351 - $132,957  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 2,683
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Job Description for Pharmacist

Pharmacists are trained health professionals who work with a variety of prescribed and over-the-counter medications each day. A pharmacist is required to properly handle medications to ensure patient safety and dosage requirements that have been ordered and prescribed by the patient's doctor. Pharmacists frequently interact with patients and answer any questions or concerns related to the medication that is being prescribed to them. It is also the pharmacist's responsibility to understand the laws about each type of medication that is being prescribed to be aware of any potential liability from selling the medication to an underage patient or distributing a medication that is not legal for purchase at the time. Abiding by all federal and state laws when distributing any type of medication is required for all pharmacists.

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Pharmacist Tasks

  • Educate patient on medication use, storage and side effects.
  • Solicit information from patients regarding past and current medication to prevent drug interactions.
  • May collaborate with other health care professionals to plan, monitor, review and evaluate patient effectiveness.
  • Analyze prescribing trends to monitor patient compliance and to prevent excessive usage or harmful interactions.
  • Dispense and review prescriptions to ensure accuracy, and compliance with professional, state and federal regulatory requirements.

Common Career Paths for Pharmacist


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As Pharmacists make advancements in their career path to positions such as Pharmacy Director, their salaries may climb. Pharmacy Directors make $126K annually on average. Going from Pharmacist to Retail Pharmacist is the transition that occurs most often in this field, and the average paycheck for Retail Pharmacists is $105K. Many others choose to work as Pharmacist in Charges, where pay is typically $115K.

Pharmacist Job Listings

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Popular Employer Salaries for Pharmacist


Many Pharmacists can be found at CVS / Pharmacy, Walgreen's Pharmacy, Rite Aid Pharmacy, CVS Caremark Corporation, and Wal-Mart Stores, Inc, firms that are at the top of the field. Although Target Corporation offers the highest salaries (median pay is $122K), survey participants reported a rather limited pay range of $95K to $139K. Also paying near the top of the field are Safeway, Inc. at $122K, Wal-Mart Stores, Inc at $122K, and CVS Caremark Corporation, where Pharmacists annually earn $121K.

The lowest salaries can be found at Omnicare, Inc — median pay is $104K — and there is little variation in compensation, with paychecks starting at $94K and only reaching $124K. Express Scripts Incorporated, Rite Aid Corporation, and Publix Super Markets Inc also scrape the bottom of the pay scale, with median earnings hovering around $111K, $113K, and $113K.

Popular Skills for Pharmacist


Pharmacists seem to wield many skills on the job. Most notably, skills in Add New: Hospital Pharmacy, Managed Care, Patient Counseling, and Oncology are correlated to pay that is above average, with boosts in pay of 5 percent. Skills that pay less than market rate include Hospital pharmacy. For most people, competency in Hospital Education indicates knowledge of Long Term Care and Oncology.

Pay by Experience Level for Pharmacist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Pharmacists do not generally earn higher incomes from more experience in the field. Individuals who have worked for fewer than five years report earning $107K on average, a generous six-figure sum for those just starting out. Pharmacists see a median salary of $117K after reaching one to two decades on the job. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $119K on average.

Pay Difference by Location


Pharmacists will find that San Diego offers an impressive pay rate, one which exceeds the national average by 10 percent. Pharmacists will also find cushy salaries in Phoenix (+7 percent), Los Angeles (+6 percent), Minneapolis (+5 percent), and Denver (+4 percent). Trailing the national average by 7 percent, Boston is the market with the smallest paychecks. New York and St. Louis are a couple other places where companies are known to pay below the median — salaries are 7 percent lower and 2 percent lower, respectively.

Pharmacist Reviews

What is it like working as a Pharmacist?

Pharmacist in Woburn:
"Work Flexibility."
Pros: It is great to work as a pharmacist in managed care. You get great benefits and your hours are steady.
Cons: Very stressful and very little pay.

What is it like working as a Pharmacist at Express Scripts Incorporated?

Pharmacist in Fishers:
"Relaxed atmosphere, overly complicated process."
Pros: Friendly coworkers, low stress environment, respectful management, good company culture.
Cons: Dissatisfied customers, very complex computer system, poor training program, lack of opportunity for advancement, knowledge in current position does not translate to my career overall.

Related Job Salaries

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Experience Affects Pharmacist Salaries




National Average
$113,000


Skills That Affect Pharmacist Salaries

Add New: Hospital Pharmacy
up arrow 5%

Oncology
up arrow 4%

Immunization
up arrow 4%

Managed Care
up arrow 4%

Patient Counseling
up arrow 4%

Retail Pharmacy
up arrow 3%

Pharmacotherapy
up arrow 3%

Retail
up arrow 3%

Hospital
up arrow 1%

Clinical Education
up arrow 1%

Long Term Care
0%

National Average
$113,000

Hospital Education
up arrow 1%

Pediatrics
up arrow 1%

Compounding
up arrow 2%

Hospital pharmacy
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 711 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
10%
1-4 years
34%
5-9 years
16%
10-19 years
18%
20 years or more
22%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 70%
vision benefits Vision: 57% employee benefits None: 14%
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