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Pharmacy Buyer Salary (United States)

The average pay for a Pharmacy Buyer is $18.07 per hour. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.
Pharmacy Buyer Salary (?
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.
)
$30,500 - $65,000
(Median)
30K
50K
65K
MEDIAN: $40,550
10%
75%
90%
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Pharmacy Buyer Salary (?
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.
)
$13.85 - $22.45
(Median)
14
16
18
21
22
MEDIAN: $18.00
10%
25%
50%
75%
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$22K$44K$66K
Salary
$30,500 - $65,000  
   
Bonus
$0.00 - $487.22  
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).
)
$28,952 - $50,591  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 24
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$11$22$33
Hourly Rate
$13.85 - $22.45  
   
Overtime
$16.81 - $31.85  
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$22K$44K$66K
Bonus
$0.00 - $487.22  
   
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).
)
$28,952 - $50,591  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 130
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Job Description for Pharmacy Buyer

Pharmacy buyers are responsible for purchasing, receiving, and maintaining appropriate stock levels for their organization, while monitoring usage and managing the cost of pharmaceuticals for their company. They are in charge of conducting inventory and requesting new products based on organizational requirements. Pharmacy buyers strive to develop excellent business relationships with external pharmacy partners. They use extensive pharmacology knowledge to order a variety of medicines, as well as prepare invoices, complete financial reports based on their purchasing orders, and conduct audits. They use a personal computer to record purchasing history, as well as update a database of all products on hand. They use spreadsheet software to make calculations on product amounts and cost. Some of their main duties include selecting, receiving, and storing pharmaceuticals and related supplies. In all tasks, pharmacy buyers must follow safety and privacy guidelines.
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Pharmacy Buyer Tasks
  • Monitor and analyze pricing and adherence to contracts.
  • Negotiate with vendors to obtain optimum service and price.
  • Ensure inventory supply, order processing and distribution of pharmaceuticals and supplies.

Pharmacy Buyer Job Listings

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Pay by Experience Level for Pharmacy Buyer

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

Pharmacy Buyer Advice

What do you wish you knew about your job when you first started out?
Pharmacy Buyer in Fredericksburg:
"Based Upon Location."
Ask do you get the rate as far as where the job is located because I work in northern va and since the cost of living is higher I should get a better pay rate but I don't since my other hospital is located in the south. I feel as though this isn't correct at all.

Related Job Salaries

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Experience Affects Pharmacy Buyer Salaries

Late-Career
up arrow 7%
Experienced
up arrow 3%
National Average
$39,000
Mid-Career
up arrow 2%
Entry-Level
up arrow 6%

Skills That Affect Pharmacy Buyer Salaries

National Average
$39,000
Inventory Management
up arrow 10%
Inventory Control
up arrow 10%
Purchasing
up arrow 14%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 28 votes.

Gender

Female
89%
female alumni
 
Male
11%
male alumni

Years of Experience

Less than 1 year
2%
1-4 years
21%
5-9 years
31%
10-19 years
28%
20 years or more
18%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 77%
vision benefits Vision: 62% employee benefits None: 15%