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Pharmacy Manager Salary (United States)

Six-figure salaries are the norm for Pharmacy Managers in the United States, with pay typically hovering around $124K per year. Total cash compensation to Pharmacy Managers approaches anywhere from $65K on the lower end to $142K on the higher end; in exceptional cases, this can include more than $10K from bonuses and upwards of $14K from profit sharing. This group's pay is mainly influenced by geographic location, followed by the company and experience level. A solid majority report receiving medical coverage from their employers and a fair portion collect dental insurance. Women are just slightly outnumbered, with male Pharmacy Managers making up 56 percent of workers. The majority of Pharmacy Managers claim high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
Pharmacy Manager 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.
)
$81,560 - $137,402
(Median)
82K
110K
120K
MEDIAN: $122,870
10%
25%
50%
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Pharmacy Manager 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.
)
$17.65 - $64.68
(Median)
18
51
57
MEDIAN: $57.00
10%
25%
50%
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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
$81,560 - $137,402  
   
Bonus
$0.00 - $10,169  
Profit Sharing
$1,036 - $14,453  
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).
)
$64,601 - $141,842  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 368
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$33$66$99
Hourly Rate
$17.65 - $64.68  
   
Overtime
$7.64 - $98.34  
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 - $10,169  
   
Profit Sharing
$1,036 - $14,453  
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).
)
$64,601 - $141,842  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 202
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Job Description for Pharmacy Manager

Pharmacy managers help ensure customers get the medicine they need and that it is properly filled following the doctors orders. Typically, a pharmacy manager oversees one particular store, but there are positions in which they manage multiple locations. Along with ensuring their pharmacy complies with federal and state regulations, pharmacy managers must ensure staff communicate clearly, effectively, and positively with customers. It is up to the pharmacy manager to instruct and monitor employees to ensure they are professional and courteous in all interactions. Most pharmacies fill orders from walk-in patients on the spot, so the pharmacy manager must ensure their facility is efficient. They must train their staff to prioritize orders and deliver them within the allotted time frames. Teaching staff how to effectively deal with doctors and medical practitioners is essential as well.
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Pharmacy Manager Tasks
  • Oversee dispensing of drugs, supplies and inventory.
  • Maintain pharmacy day-to-day procedures and delegate staff responsibilities.
  • Ensure services are in compliance with professional standards, state and federal regulatory requirements.
  • Acts as a consultant to medical staff and patients.

Common Career Paths for Pharmacy Manager

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Pharmacy Managers' salaries tends to stay somewhat level when they assume higher-end positions like Pharmacy Director. Pharmacy Directors get paid about the same as Pharmacy Managers. A lot of Pharmacy Managers advance their careers by becoming Retail Pharmacists and Pharmacist in Charges. However, those positions offer $18K less and $8K less per year on average.

Pharmacy Manager Job Listings

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Popular Employer Salaries for Pharmacy Manager

Wal-Mart Stores, Inc, Walgreen's Pharmacy, CVS / Pharmacy, Walgreen Co., and Rite Aid Pharmacy are some prominent firms with considerable interest in employing a large team of Pharmacy Managers. With a median salary of $135K, Walgreen's Pharmacy offers Pharmacy Managers the highest pay. However, earnings don't seem to live on a large spectrum; they generally peter out at $105K and are capped at $149K.
CVS / Pharmacy and Rite Aid Pharmacy are other employers with a reputation for below-average pay, showing salaries around $127K and $128K.

Survey takers who work as Pharmacy Managers usually report a few specific skills. Those who have experience with Retail Pharmacy, People Management, and Hospital pharmacy can expect to be compensated well for these skills.

Pay by Experience Level for Pharmacy Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.
The average inexperienced employee pulls down a cushy six-figure sum; the median salary for people claiming fewer than five years of experience is $125K. Pharmacy Managers bring in $122K after working for 10 to 20 years. Average wages for folks with more than 20 years of experience come out to around $124K. Those with more than 20 years of experience are scarcest in the field. Pharmacy Managers typically report having spent one to 10 years on the job, with those with 10 to 20 years following close behind.

Pay Difference By Location

Richmond
up arrow 9%
Seattle
up arrow 3%
National Average
$124,000
Houston
up arrow 2%
Miami
up arrow 5%
New York
up arrow 6%
Indianapolis
up arrow 6%
Larger circles over a city indicate a job is popular in that location.
For those looking to make money, Pharmacy Managers in Richmond enjoy an exceptional pay rate, 9 percent above the national average. Pharmacy Managers will also find cushy salaries in Seattle (+3 percent). Indianapolis ranks last in the field for pay, reporting salaries 6 percent below the national average. A couple other locations with smaller-than-average paychecks include New York (6 percent lower) and Miami (5 percent lower).

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Experience Affects Pharmacy Manager Salaries

Entry-Level
up arrow 1%
Mid-Career
0%
Late-Career
0%
National Average
$124,000
Experienced
up arrow 2%

Skills That Affect Pharmacy Manager Salaries

Retail Pharmacy
up arrow 3%
National Average
$124,000
People Management
up arrow 1%
Hospital pharmacy
up arrow 2%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 142 votes.

Gender

Female
44%
female alumni
 
Male
56%
male alumni

Years of Experience

Less than 1 year
2%
1-4 years
19%
5-9 years
24%
10-19 years
32%
20 years or more
23%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 76%
vision benefits Vision: 57% employee benefits None: 12%