Pharmacy Manager Salary
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.Read More...
As with any management position, there are also human resource aspects to this position. The pharmacy manager handles scheduling, managing databases, conducting employee evaluations, and handling reporting duties. Although some pharmacies operate extended hours, a pharmacy manager typically works full time during regular business hours. Weekend hours are often required, as most pharmacies are open seven days a week.
Pharmacy managers typically need a pharmacy degree (Pharm.D.), as well as a bachelor's of science degree in pharmacy or an accepted equivalent. Previous experience in a pharmacy setting is generally required as well. Excellent communication, managerial, and time-management skills are essential in this position.
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
As Pharmacy Managers transition into upper-level roles like Pharmacy Directors, it's possible that they won't see a change in salary. Pharmacy Directors earn the same amount as Pharmacy Managers on average. Many Pharmacy Managers choose to become Pharmacists and Retail Pharmacists as their careers advance. However, folks in those positions report median salaries of $25K less and $25K less, respectively.
Pharmacy Manager Job Listings
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Popular Employer Salaries for Pharmacy Manager
Pharmacy Managers flock to CVS / Pharmacy, Wal-Mart Stores, Inc, Walgreen Co., Walgreen's Pharmacy, and Rite Aid Pharmacy, highly regarded companies that employ a generous number of people in this profession. Employees at Walgreen Co. enjoy the biggest paychecks, and $138K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $128K and higher ones not far away at only $154K. Soaring salaries can also be found at Safeway, Inc., CVS / Pharmacy, and CVS Caremark Corporation, where earnings of $138K, $137K, or $137K are standard for Pharmacy Managers.
Workers also receive paychecks lighter than average at Rite Aid Corporation ($128K), C.V.S. ($132K), and The Kroger Company ($133K).
Pay by Experience Level for Pharmacy Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
More years of relevant experience do not necessarily translate to higher paychecks. Survey participants with less than five years' experience pocket $128K on average, but those with five to 10 years of experience enjoy a much bigger median of $131K. Pharmacy Managers with one to two decades of relevant experience report an average salary of approximately $132K. Pharmacy Managers who have stuck around for more than two decades see earnings that are no higher than those of folks who have worked for 10 to 20 years.