Pharmacist Salary

Wages for Pharmacists in the United States are generous, with average pay above six figures ($107K) per year. Total cash compensation to Pharmacists approaches anywhere from $83K on the lower end to $133K on the higher end; in exceptional cases, this can include more than $9K from bonuses and upwards of $10K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by the specific employer and years of experience. Most enjoy medical while the greater part get dental coverage. Vision coverage is also available to more than half. Women are just slightly outnumbered, with male Pharmacists making up 51 percent of survey respondents. For the most part, Pharmacists enjoy their work and report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$73,408 - $128,995
(Median)
$73K
$110K
$130K
MEDIAN: $107,100
10%
50%
90%

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$45.66 - $64.15
(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
$73,408 - $128,995  
   
Bonus
$0.00 - $8,617  
Profit Sharing
$504 - $10,137  
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).
)
$82,889 - $133,182  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 3,572
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
$45.66 - $64.15  
   
Overtime
$22.69 - $94.69  
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 - $8,617  
   
Profit Sharing
$504 - $10,137  
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).
)
$82,889 - $133,182  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 2,663
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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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Pharmacists who become Pharmacy Directors may see a small rise in pay. On average, Pharmacy Directors earn $126K per year. Becoming a Retail Pharmacist is, more often than not, the most common role that Pharmacists move into when they're ready for the next step in their career. A median salary for a Retail Pharmacist is $106K. Another frequent advance is for Pharmacists to assume a Pharmacist in Charge role; in this role, workers often take home $115K.

Pharmacist Job Listings

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Popular Employer Salaries for Pharmacist


Pharmacists fill the offices of leading firms CVS / Pharmacy, Walgreen's Pharmacy, Rite Aid Pharmacy, CVS Caremark Corporation, and Wal-Mart Stores, Inc. With a median salary of $122K, Target Corporation offers Pharmacists the highest pay. However, earnings don't seem to live on a large spectrum; they generally peter out at $94K and are capped at $139K. Other leaders in compensation levels are Safeway, Inc. at $122K, Wal-Mart Stores, Inc at $122K, and CVS Caremark Corporation, where Pharmacists annually earn $122K.

Omnicare, Inc offers the least pay with a median salary of $104K; furthermore, salaries there max out at only $124K. Others at the bottom of the scale for this job include Express Scripts Incorporated at $111K, Publix Super Markets Inc at $113K, and Rite Aid Corporation, where $114K is the norm.

Popular Skills for Pharmacist


Pharmacists seem to require a rather large skill set. Most notably, skills in Add New: Hospital Pharmacy, Oncology, Managed Care, and Patient Counseling are correlated to pay that is above average, with boosts in pay of 5 percent. Skills that seem to negatively impact pay include Hospital pharmacy. Those proficient in Hospital Education are, more often than not, also skilled in Long Term Care and Oncology.

Pay by Experience Level for Pharmacist

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


For Pharmacists, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. The average inexperienced employee pulls down a cushy six-figure sum; the median salary for people claiming fewer than five years of experience is $107K. The average pay reported by folks with 10 to 20 years of experience is around $117K. Pharmacists who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $118K.

Pay Difference by Location


Surpassing the national average by 10 percent, Pharmacists in San Diego receive some of the highest pay in the country. Pharmacists can also look forward to large paychecks in cities like 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. Workers in New York and Chicago earn salaries that trail the national average for those in this profession (6 percent less and 2 percent less, 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%

Retail Pharmacy
up arrow 4%

Pharmacotherapy
up arrow 4%

Managed Care
up arrow 4%

Patient Counseling
up arrow 4%

Retail
up arrow 3%

Immunization
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%

Compounding
up arrow 2%

Pediatrics
up arrow 2%

Hospital pharmacy
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 718 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
10%
1-4 years
35%
5-9 years
16%
10-19 years
18%
20 years or more
22%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 69%
vision benefits Vision: 56% employee benefits None: 14%
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