Pharmacist Salary

Wages for Pharmacists in the United States are generous, with average pay above six figures ($107K) per year. Total cash earnings of Pharmacists range from $83K on the low end to $133K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $9K and $10K, respectively. Earnings for this group are mostly affected by the particular firm, followed by the particular city and tenure. Women are just slightly outnumbered, with male Pharmacists making up 51 percent of survey respondents. Medical benefits are awarded to a large number, and more than half earn dental coverage. The majority of workers are highly satisfied with their job. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$74,362 - $128,964

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$45.82 - $64.15

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$74,362 - $128,964  
   
Bonus
$0.00 - $8,721  
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).
)
$83,366 - $133,093  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 3,645
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32$64$96
Hourly Rate
$45.82 - $64.15  
   
Overtime
$21.77 - $94.91  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Bonus
$0.00 - $8,721  
   
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).
)
$83,366 - $133,093  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 2,743
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Job Description for Pharmacist

Pharmacists work primarily for pharmacies and drugstores; however, hospitals and medical clinics may employ their own pharmacists to dispense drugs directly to patients. Pharmacists who work for hospitals must analyze both in-patient and out-patient medication, so close attention to detail is very important in this position to ensure the accuracy of filled prescriptions.

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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 transition into new roles such as Pharmacy Director may see a slight upturn in salary. The average Pharmacy Director earns $126K per year. As Pharmacists progress in their field, many go on to become Retail Pharmacists. In fact, this transition is more common than anything else, and median pay for the role is $105K. Another common career choice for Pharmacists is to move into a Pharmacist in Charge role — this promotion usually pays $116K.

Pharmacist Job Listings

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Popular Employer Salaries for Pharmacist


Well-known firms with a reputation for hiring numerous Pharmacists include CVS / Pharmacy, Walgreen's Pharmacy, Rite Aid Pharmacy, CVS Caremark Corporation, and Wal-Mart Stores, Inc. Although Target Corporation offers the highest salaries (median pay is $122K), survey participants reported a rather limited pay range of $95K to $139K. Other big spenders include Safeway, Inc., Wal-Mart Stores, Inc, and CVS Caremark Corporation, top-paying firms where Pharmacists see paychecks nearing $122K, $122K, or $122K.

Salaries are easily beat at Omnicare, Inc, where median pay comes to just $104K, the lowest in the field. What's more, with base pay starting at $94K and ending at $124K, range in salary is rather small. Also approaching the lower end are Express Scripts Incorporated at $111K, Rite Aid Corporation at $113K, and Publix Super Markets Inc at $113K.

Popular Skills for Pharmacist


Pharmacists report using a deep pool of 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. 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.


Pharmacists with a lot of experience do not necessarily enjoy more money. Salaries can reach six figures almost right off the bat; beginning workers who have less than five years' experience bring in a median of $107K per year. Pharmacists who work for 10 to 20 years in their occupation tend to earn about $117K. 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 Phoenix offers an impressive pay rate, one which exceeds the national average by 7 percent. Pharmacists will also find cushy salaries in Los Angeles (+6 percent) and Denver (+4 percent). The smallest paychecks in the market, 7 percent south of the national average, can be found in Boston. Below-median salaries also turn up in New York and Miami (7 percent lower and 6 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.

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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 2%

Clinical Education
up arrow 1%

Long Term Care
0%

Pediatrics
0%

National Average
$113,000

Hospital Education
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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