Pharmacy Manager Salary (United States)

Pharmacy Managers receive generous compensation in the United States—earning an average of $123,853 per year, their standard salaries shoot well into the six-figure range. Residency is the main element affecting pay for this group—the specific employer and years of experience are driving factors as well. Medical benefits are awarded to a solid majority, and most earn dental coverage. Women are just slightly outnumbered in the field, with male Pharmacy Managers making up 56 percent of workers. For the most part, Pharmacy Managers enjoy their work and report high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.
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  
PayScale
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  
PayScale
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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As Pharmacy Managers make advancements in their career path, salaries do not necessarily change. Those in less important roles often earn amounts similar to those in higher-end positions, such as Pharmacy Director. Pharmacy Managers most often move into positions as Retail Pharmacists or Pharmacist in Charges, where they typically take pay cuts of $18,370 or $8,367 per year.

Pharmacy Manager Job Listings

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Popular Employer Salaries for Pharmacy Manager

Pharmacy Managers fill the offices of leading firms Wal-Mart Stores, Inc, Walgreen's Pharmacy, CVS / Pharmacy, Walgreen Co., and Rite Aid Pharmacy. Pay for Pharmacy Managers is best at Walgreen's Pharmacy, which offers a median salary of $134,905. However, there's little room to grow there, with salaries maxing out at $149K.
CVS Caremark Corporation offers the lowest pay in the field, with a median salary of just $118,209. Others at the bottom of the scale for this job include CVS / Pharmacy at $126,954 and Rite Aid Pharmacy where $128,199 is the norm.

Pay by Experience Level for Pharmacy Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.
$125K per year, a sizable six-figure salary, is the starting point for workers in this profession. Salary comes to $122K after 10 to 20 years. As Pharmacy Managers reach 20 years on the job, salary growth continues to be strong, with earnings averaging $124K. The majority of Pharmacy Managers have only one to 10 years of practice in the field. Workers with 10 to 20 years make up the second biggest group followed by those with more than 20 years under their belt.

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 Pharmacy Managers, busy Richmond offers a higher-than-average pay rate, 9 percent above the national average. Pharmacy Managers will also find cushy salaries in Seattle (+3 percent). With compensation 6 percent below the national average, Indianapolis is not known for hefty paychecks and actually represents the lowest-paying market. Workers in New York and Miami earn less than others in this profession; their -6 percent and -5 percent-salaries fall short of the national average.

Related Job Salaries

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%
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