Retail Pharmacy Manager Salary

Retail Pharmacy Managers in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $121K) surpassing six figures annually. Cash earnings for Retail Pharmacy Managers — including $14K in bonuses and $39K in profit sharing proceeds near the top of the pay scale — generally stretch from $39K to $142K depending on individual performance. Medical benefits are awarded to most, and a large number earn dental coverage. The majority of workers are highly satisfied with their job. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$45,000 - $139,197
(Median)
$45K
$120K
$140K
MEDIAN: $121,099
10%
50%
90%

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$12.79 - $66.35
(Median)
$13
$57
$66
MEDIAN: $57.00
10%
50%
90%

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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
$45,000 - $139,197  
   
Bonus
$0.00 - $14,373  
Profit Sharing
$-0.50 - $39,453  
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).
)
$39,053 - $142,202  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 64
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$50$100$150
Hourly Rate
$12.79 - $66.35  
   
Overtime
$19.50 - $100.23  
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$100K$200K$300K
Bonus
$0.00 - $14,373  
   
Profit Sharing
$-0.50 - $39,453  
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).
)
$39,053 - $142,202  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 47
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Job Description for Retail Pharmacy Manager

A retail pharmacy manager supervises the day-to-day operations of pharmacy departments that exist outside of clinics and hospitals in the consumer sector. The manager helps train and oversees the pharmacy staff, ensures that all company and jurisdictional rules are followed, and generally sees to it that the pharmacy operates in a safe and efficient manner. He or she is also typically a key customer service provider for the pharmacy department and works to resolve any issues related to that.

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Retail 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 Retail Pharmacy Manager


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As Retail 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 Retail Pharmacy Managers on average. A lot of Retail Pharmacy Managers advance their careers by becoming Pharmacy Managers and Pharmacists. However, those positions offer $4K less and $20K less per year on average.

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Pay by Experience Level for Retail Pharmacy Manager

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


Large paychecks, which sit comfortably in the six-figure range, are handed out almost immediately; professionals who have less than five years' experience report earning a median of $118K per year. Retail Pharmacy Managers bring in $129K after working for 10 to 20 years. Retail Pharmacy Managers who claim more than two decades of experience actually make somewhat smaller average paychecks of $126K.

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Experience Affects Retail Pharmacy Manager Salaries

Experienced
up arrow 4%

Late-Career
up arrow 2%

National Average
$123,000

Entry-Level
up arrow 4%

Mid-Career
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
3%
1-4 years
16%
5-9 years
20%
10-19 years
27%
20 years or more
34%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 80%
medical benefits
Vision: 65%
dental benefits
None: 10%
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