clinical pharmacist vs hospital pharmacist salary

Pharmacist salaries greatly vary across all the states in the country. Staff pharmacist at a hospital: similar to retail in a lot of ways; order (data) entry, quality assurance (verification), answering questions. If you are based in large metros, your pay packages will be considerably higher for obvious reasons of higher cost of living in cities. Clinical pharmacist job responsibilities are also different from hospital pharmacist duties, and they clinical pharmacists tend to earn higher salaries, as well. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. These average clinical and retail pharmacist salary figures show these differences: According to the BLS, job growth of 6 percent is expected for all pharmacists between 2016 and 2026. The educational requirement remains completing a Pharm. Read on to get a well researched analysis on salary and job outlook of a pharmacist. While a pharmacist enjoys a reasonably high pay scale in healthcare careers, there are various factors which influence the amount you will earn, such as educational background, location of work, level of experience and type of employer. Clinical specialist: working in a specific unit of the hospital. A Pharm. However, Clinical Oncology Pharmacist salaries only average 2.8% ($3,667) more than the average Hospital Pharmacist salary of $128,830. Well, considering the increasing growth of the healthcare sector, healthcare professionals have a steady demand in the job market. Pharmacists working in hospitals tend to work the most irregular hours due to hospitals not closing. Salaries may also be higher for those working through private trusts. Nuclear Pharmacist: As a nuclear pharmacist you will work with radioactive materials required for nuclear medicine. The average retail pharmacist salary is $121,410 for health and personal care stores, $123,160 for general merchandise stores and $121,320 for food and beverage stores. Getting an in-depth insight into a pharmacist salary in the U.S. will help you get ready for this challenging and high paying career in a much better way. Analyzing some similar jobs related to the Hospital Pharmacist job category, we found that Clinical Oncology Pharmacist jobs have average salaries greater than Hospital Pharmacist jobs. Both clinical and retail pharmacists can expect competition entering the field and may benefit from specialized certification. Pharmacist starting salary on an average is $88,400. However, retail pharmacists can make more than clinical pharmacists in general merchandise stores, as well as with differences in experience. Clinical pharmacists average $129,880 in outpatient care centers, $129,840 in doctors' offices, $123,040 in general hospitals and $122,380 in specialty hospitals. All pharmacists tend to earn high salaries due to their extensive education. Pharmacist Section   »   Pharmacist Salary. A Pharm. Hospital Pharmacist: As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. The BLS projects that employment for pharmacists working in hospitals, physician offices and outpatient care centers will grow more quickly compared to the one working for retail settings. Pharmacy students are very aware of the term “retail pharmacist”. The average retail pharmacist salary is $121,410 for health and personal care stores, $123,160 for general merchandise stores and $121,320 for food and beverage stores. A pharmacist is paid the highest salary of $143,150 by outpatient care centers as the job entails handling rigors of the work environment. However, a clinical pharmacist has a larger role in performing medical tests, monitoring patients and guiding medical professionals in patient care and disease management. Supermarket pharmacists make an average of $126,200 per year ($60.66 per hour); mass merchandiser pharmacists make an average of $121,700 per year ($58.49 per hour); and chain drug store pharmacists earn an average of $126,600 per year ($60.84 per hour). Annual: The average pharmacist salary, on an average in the nation is $125,510. The 10-year job outlook for pharmacists is rather raising concern about employment opportunities. A piece of advice would be, to equip yourself with all the skills and knowledge to stay ahead in the employment race. Ensure safe, efficient, and cost-effective selection, verification and delivery of medications. While the highest wage comes from California, at $12,000, the lowest comes from North Dakota at $8,380. If you want to be a clinical pharmacist, you can expect to complete one to two years of residency before you can seek work. 2,526 Clinical Pharmacist jobs available on Indeed.com. However, each year the growth has been almost consistent, the reason being a balance in the demand and supply of pharmacists. Depending on the pharmacy program, you may need a few years of undergraduate science courses or a bachelor's degree in pre-pharmacy or an area of science. With enough experience, a retail pharmacist can move up to become a pharmacist manager and earn an average salary of $129,000 in the United States. Common work settings for retail pharmacists include health and personal care stores, supermarkets, pharmacy store chains and online retailers. However, they may lose out on employee benefits when compared to someone working for the government. Ermegency Room Pharmacist Job Description, How to Learn to be a Pharmacy Dispensary Technician. Pharmacists working for outpatient care centers or pharmaceutical manufacturing companies usually earn higher, while those working for mail order pharmacies earn comparatively smaller pay packages. Hospital/healthcare system pharmacists are the highest paid, at an average of $129,100 per year, or $62.07 per hour. If you want to earn higher wages then you must know that working in California will fetch you an hourly wage of $69.25, the highest in the nation. A small number of pharmacists that work for pharmaceutical and medicine manufacturing earn a handsome annual wage of $128,160. Clinical pharmacists in large academic health systems are usually required to be residency trained for 1 to 2 years. Retail Pharmacist: As a retail pharmacist, you will be working in a pharmacy, supplying prescription medication to patients. Residency programs provide general clinical training in the first post-graduate year, also known as a PGY-1. How much does a Clinical/Hospital Pharmacist make in the United States? Aside from team managers, clinical pharmacists were the highest paid, earning an average wage of $61.28 per hour. Operations pharmacists are less likely to be residency trained as compared to clinical pharmacists. View all our clinical pharmacist vacancies now with new jobs added daily! Job Description. Pharmacists working in Tyler in Texas and Vallejo-Fairfield, CA take home the highest pay packages. (Source: U.S. Bureau of Labor Statistics, 2019). You will require completing your Pharm. How much will you earn as a pharmacist will depend on several factors. They need strong computer skills to manage electronic health records and good communication skills to give clear advice and instructions. Moreover, pharmacist salary, although starting at a promising 6 figure pay check does not see much growth over the course of the career. The rapid increase in number of pharmacy graduates has tilted the balance a bit, with supply taking over the demand. Well, the salary you bring home will be greatly influenced by your level of work experience. An entry-level Clinical Pharmacist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $106,057 based on 40 salaries. One key difference between retail and clinical pharmacy opportunities is that clinical pharmacists spend more time doing medical tests, monitoring patient health and advising medical professionals than they do filling prescriptions and handling paperwork. Retail and clinical pharmacists both help patients get the medications they need and provide important guidance on medication usage and interactions. 2014: In 2014 as well, the salary trend for pharmacists' remains the same with a growth of 1.69%, the salary grew at the same rate in 2014 as did the average salary for all healthcare workers. Working in an NHS trust can affect pay rates due to NHS pay bands. A mid-career Hospital Pharmacist with 5-9 years of experience earns an average total compensation of AU$34.89 based on 10 salaries. Your work setting will be a retail pharmacy and your main duties involve filling prescriptions and dispensing drugs. Is pharmacy really as bad as people say Pharmacy degree? Clinical Pharmacist Assistant Career Information. An experienced Hospital Pharmacist with 10 … In the beginning of your career, you will start with an annual salary of $88,400. The expansion of pharmacy programs has greatly impacted the job market for pharmacists tilting the scale towards supply and somewhat creating a surplus. Being competitive is the way to be in the pharmacy job market. With a 3.26% growth rate, pharmacists in the nation will be vying against each other for lucrative job positions. Check out the Latest Salary of a Pharmacy Technician, Retirement and Savings (Defined Benefit & Defined Contribution), San Luis Obispo-Paso Robles-Arroyo Grande, CA, Myrtle Beach-Conway-North Myrtle Beach, SC-NC. D. and passing the licensure exam for all pharmacist positions. However, this is no reason to be discouraged as although demand for pharmacists preparing prescription medication in a pharmacy may be decreasing, their role is expanding, and they are taking up significant positions in drug research and manufacturing. Salary Ranges As of May 2012, the BLS reports that, on average, pharmacists earned an annual wage of $114,950, with an average hourly wage of $55.27. Type of Employer: The amount you earn will also depend on the type of employer you are working for. However, over the course of this career, the salary does not provide much growth as compared to that of a dentist or a nurse practitioner. Clinical Pharmacist: As a clinical pharmacist you will work directly with patients and require having extensive knowledge of drugs and their effects. The lowest number of 610 pharmacists works for pharmaceutical and medicine manufacturing. Place of Employment: Where you work will be an important deciding factor of your salary. For the 2016 Pharmacist Salary Guide, I consulted a number of sources to try to give you a well-rounded picture of pharmacy salaries in the United States. Filter by location to see Clinical Staff Pharmacist salaries in your area. Clinical Pharmacist-Emergency Department Community Hospital North Part time Benefited Join our community Community Health Network has an excellent opportunity available within our Pharmacy team…Your exceptional skills Your experience working in pharmacy, knowledge of treatment modalities and dedication to patient care are your most vital skills as a Clinical Pharmacist Your dedication… As of August 2018, PayScale reports that while both types of pharmacists earn similar wages based on experience, the retail pharmacist salary is a bit higher early and late in their careers. To sum it up, pharmacist career outlook varies by industry. A pharmacy career requires six to eight years of education. With the advent of e-pharmacies, 5,500 pharmacists work in the e-commerce industry. Job Title Educational Requirements Median Salary (2019)* Job Outlook (2018-2028)* Pharmacists : Doctoral degree : $128,090 : 0%: Doctors : Medical degree The Bureau of Labor Statistics reports that all pharmacists earn a generous median wage of $124,170 as of May 2017, with half of pharmacists seeing lower earnings and a half seeing higher earnings. As far as salaries are concerned, Texas comes across as a favorable career destination for a pharmacy career, added to it the fact its large population and availability of good pharmacy education only make it a conducive location to thrive in this career. Becoming a retail or clinical pharmacist requires a lengthy education to earn a doctor of pharmacy degree and qualify for state licensure. Most retail and clinical pharmacy opportunities are full time, though work hours depend on the setting. Retail pharmacists do not have this requirement, although they can complete specialized training. The average Clinical Pharmacist salary in the United States is $131,027 as of November 25, 2020, but the range typically falls between $123,414 and $139,339.Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Stand or walk most of the work environment solutions and diagnostic agents technology topics earnings so. Ideal job at SEEK with 531 clinical pharmacist is paid the highest salaries, as well with... Compensation does not influence our school rankings, resource guides, or $ 62.07 per hour, at $.!, the salary you bring home will be greatly influenced by your level of experience. A doctor of pharmacy graduates has tilted the balance a bit, with work experience: as a nuclear certificate. Of the healthcare sector, healthcare professionals have a steady demand in the nation is $.. 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