Last Updated: April 2, 2017
How much do pharmacists make? Pharmacists earned a mean average annual salary around $120,270 for 2016 according to the Bureau of Labor Statistics. This average annual salary breaks down to $57.82 dollars per hour based on the average 2,080 hours a full-time person works in one year. For the lower 10% wages for employed pharmacists, the annual median salary was $87,120 ($41.88 per hour), and the upper 10% earned around $157,950 ($75.94 per hour). Of course, the average mean pharmacist salary will fluctuate based on the type of healthcare industry. For “other general merchandise stores,” the average annual salary was $124,600 ($59.91 per hour) in 2015. In department stores, the average annual pharmacist salary was $118,860 ($57.15 an hour). Health and personal care store pharmacists reported an average annual salary of $120,050 ($57.72 per hour). For common grocery stores, pharmacists earned an average salary of $118,860 annually or around $57.15 per hour. Finally, in general medical and surgical hospitals, the average annual salary was $121,210 ($58.28 per hour). In 2016, the highest paying state for a pharmacist was Alaska with an average annual mean salary of $137,650 ($66.18 per hour). For the highest number of employed pharmacists by state, California comes on top with an estimated 28,670 pharmacists making an average annual salary of $136,100 ($65.43 an hour).
How Much Does a Pharmacist Make by State?
Pharmacist Salary with Annual and Hourly Rates
|State||Pharmacist Hourly Rate||Pharmacist Annual Salary|
|District of Columbia||$58.05||$120,740|
Source: bls.gov, mean average salary data as of May 2016 | For more detailed information, try Payscale.com
What Does a Pharmacist Do?
The pharmacist oversees and facilitates the processing of prescriptions. In addition, the person in this position provides information to patients, peers, and prescribers about over-the-counter (OTC) and prescription medications. The pharmacist, depending on the type of facility worked in, may be subject to over forty hours per week and callback hours may be required. This person may also be required to remain on a campus immediately before, during, and after severe weather and/or disasters (especially in a hospital).
Duties and Responsibilities
The person in the pharmacist position processes and fills prescriptions including: order entry of patient, insurance, and prescription information. The pharmacist also works with patients, peers, and prescribers to ensure the correct, clinically and fiscally appropriate medication is prescribed and dispensed. This person manages inventory to ensure appropriate levels of medications are stocked. The person in this position also obtains and disseminates clinical information to patients, peers, and prescribers. Additional duties for a pharmacist may include:
What Does a Pharmacist Do Summary
- Performs other duties as assigned to support the duties and responsibilities of the job and operational needs of the department/facility and organization.
- Demonstrates the knowledge and the ability to perform the tasks listed on the competencies list as prescribed by the department/facility.
Abilities, Skills, and Knowledge
- Ability to analyze and interpret patient history and physician orders and to problem solve accurately.
- Ability to communicate technical knowledge to patients and staff in user-friendly manner.
- Ability to make mathematical calculations to determine compounding and prescription amounts.
- Ability to coordinate eye–hand movements and to use manual dexterity.
- Skill in working in team environment and with public.
- Skill in data entry and basic computer usage.
- Skill in using analytical, problem-solving, organizational, and communication techniques.
- Knowledge of disease states, therapeutic use of drugs, clinically significant drug interactions, and adverse drug reactions and their interrelatedness.
- Knowledge of drug names, strength, dosage forms, generic equivalent, and storage requirements.
- Knowledge of basic pharmacy compounding/dispensing.
- Knowledge of inventory control procedures and practices.
- Knowledge of state laws and regulations regarding the practice of pharmacy.
Education and Qualifications
- Pharmacy degree from an accredited college or university
- Pharmacy licensed in the state of practice
- Basic computer skills including MS Word and the Internet
- Good communication skills
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