Pharmacist salary question...?
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Please only pharmacists or somebody who knows what there talking about.....I've heard of pharmacists making up too $130,000 or even as high as $200,000 is this true? And if so how can a pharmacist make that much money? What field or type of pharmacist is that? I'm just curious because that high of a salary for a pharmacist doesn't seem possible
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Answer:
Yeah it is possible since pharmicist are really needed especially with a shortage of doctors in Canada for example. Most pharmacists work in retail stores and hospital pharmacies. Others are employed by pharmaceutical manufacturers, government agencies, the military, and research and education institutions. Pharmacists may work full-time or part-time. Earnings vary depending on experience and responsibilities, as well as the size and type of business. Most pharmacists earn between $50,000 and $120,000 a year. The average annual salary is somewhere in the $60,000 to $80,000 range. However, the most successful in this field, including those who own and run retail pharmacies, can earn well over $100,000 a year. In addition to their salaries, pharmacists who work full-time usually receive benefits such as dental coverage and paid sick leave and vacation time. Some pharmacists can also earn bonuses or participate in profit-sharing programs. Depending on where they work, pharmacists may belong to a union. This means that their wages and benefits are negotiated by union representatives on their behalf. http://careercruising.com/Careers/JobDetails.aspx?LoginID=6f402991-191e-46a1-b1de-92f30ca05f4b-&OccNumber=326&field=Salary http://www.pharmacists.ca/content/about_cpha/about_pharmacy_in_can/how_to_become/index.cfm The shortage of pharmacists, though, is not good for others in the medical field, or their patients, say those who have been watching the shortage worsen over the last decade. It was fueled by several factors, especially changes in insurance policies and federal regulations of pharmaceuticals, which made drugs available to more people. Add to that an aging population and more drugs being manufactured and advertised to the public, and the number of prescriptions has increased from 2 billion to 3.2 billion in the last decade. That problem is expected to worsen after the new Medicare prescription drug program begins Jan. 1, pharmacy officials said. Independent and chain pharmacies, hospitals and nursing homes are scrambling to find people to fill orders. The National Association of Chain Drug Stores reported about 5,950 full- and part-time openings in July in its 37,000 member stores. The American Hospital Association reported a 7.4 percent vacancy rate for pharmacists as of December, 2004, with 38 percent of its members saying it was harder to recruit pharmacists last year than in 2003. The National Community Pharmacists Association, which represents independent pharmacies, does not keep track of job openings. A consortium of pharmacy groups called the Pharmacy Manpower Project issued a report in 2002 predicting 157,000 unfilled pharmacy openings by 2020. The need to fill all those new prescriptions has been partially addressed by an increase in technology and the use of pharmacy technicians, said Dr. David Knapp, dean of the School of Pharmacy at the University of Maryland. 'Stressed out situation' But that hasn’t addressed increasing pressure on pharmacists to become more involved in helping patients manage their drugs, especially elderly patients who may take several medicines, said Knapp, who coordinated the conference that released the Manpower report. “Every hour of every day, dozens if not hundreds of prescriptions are coming across the counter,” he said. “They are trying to do that while at the same time counseling patients, calling physicians, helping diabetic patients manage eight or 10 medicines, teaching parents how to help their child use his new asthma inhaler. It’s a real stressed out situation for pharmacists.” Around the country, universities are opening new pharmacy schools or expanding existing programs, but it likely will take years for supply to meet demand. Some schools have reported 10 applicants for every pharmacy opening, although that figure includes people applying to more than one school, Maine said. “It is a great job market for those who get in,” Maine said. “But we also have a lot of disappointed people who are being turned away.” Many universities have opened satellite programs, and about 20 new pharmacy schools have opened in the last five years, Knapp said. That should increase the number of graduating pharmacists to more than 10,000 in 2007, compared to about 8,000 graduates in 2003-04, Maine said. “There is such an astonishing interest,” said Lucinda L. Maine, executive vice president of the American Association of Colleges of Pharmacy in Alexandria, Va. “It’s the highest level I’ve seen in my 30 years in pharmacy admissions.” But even new schools and expansions will not help in the short-term, which raises concerns about whether patients will get the information they need about their medications, said Robert Piepho, dean of the Missouri-Kansas City pharmacy school. http://www.msnbc.msn.com/id/9956386/ Quebec's hospitals are suffering from a severe shortage of pharmacists - a situation that could lead to medication errors, the president of a pharmacists' association is warning. There are 1,250 pharmacists working in Quebec hospitals and other health-care establishments. But hospitals need another 200 pharmacists to properly serve patients, said Francine Lussier-Labelle, president of the Association des pharmaciens des établissements de santé du Québec. "The consequences of the pharmacists' shortage are grave," Lussier-Labelle said in a statement. "The results are an under-utilization of medications, an increased risk of medication errors and preventable hospital stays.".... http://www2.canada.com/montrealgazette/news/story.html?id=b7d21b20-9ea6-4b06-b781-7ab94dd8cbfa So if your interested in pharmacy, do it! Since thats what im planning to do (and thats why im answering your question
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Other answers
I have never actually heard of them making 200,000 but I was a pharmacy tech and I just worked in a retail store and the one pharmacist she had been there for over 20 years but she mas making about 100,000 to 120, 000 per year, so I do know thats possible. I have a friend that works in an emergency room, she is one of the pharmacists that actually works witht he doctors she doesnt do retail and she has only been doing it for about 5 years and she makes around 150,000 but she works terrible hours, she works like doctor hours, so shes actually thinking of going into retail pharmacy, but I think the normal starting pay is like 60 or 70,000 for retail pharmacy
Kassie18
Well if you want to do retail pharmacy then you can make around 100,000 right out of school. and the 200,000 for might be a little high but the PIC or pharmacist in charge at hospitals make very good money and probably pretty close to the 200,000
Josh
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