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How Much Do Pharmacy Managers Make?

How Much Do Pharmacy Managers Make
In the United States, the annual compensation for a pharmacy manager comes out to an average of 126 422 dollars. 607 salaries were recorded, and the information was last updated on August 18, 2022.

Which pharmacy pays pharmacists the most?

Payscale.com reports pharmacy wages ranging from $81,000 to $136,000, with the average pharmacist pay coming in at $114,207. As of 4/1/2020, Payscale.com’s data shows that the average pharmacist salary is $114,207. In most cases, pharmacists may anticipate receiving an annual bonus of around $2,443, in addition to profit sharing compensation of approximately $3,922 on average.

According to statistics collected in November 2018, the average wage for a pharmacist was $111,525. This demonstrates an increase of 2.4 percent over the course of approximately 18 months. The Kroger Company is the retail pharmacy that offers the highest salaries, with an annual compensation of $126,261 for pharmacists working there.

The annual salary offered by CVS Caremark Corporation is the lowest, coming in at $112,352. Pharmacists that are skilled in areas such as retail pharmacy, hospital education, pharmacotherapy, patient counseling, and long-term care typically earn incomes that are greater than those in other fields of pharmacy.

  1. The following describes how the number of years of experience impacts compensation;
  2. (Tips, bonuses, and overtime are all included in the pay amounts that are listed here.)
    The typical salary for those with less than one year of experience is $102,081 per year;

Earnings on average for those with one to four years of experience are $109,087. 5–9 years: $118,566 10–19 years: $119,438 20+ years $120,914
It is important to take note that incomes tend to level out during the first five years of working in the pharmaceutical industry, despite the fact that salaries climb dramatically during those early years.

See also:  How To Switch From One Pharmacy To Another?

Why is it important to have a manager in a pharmacy?

How Much Do Pharmacists Get Paid?

Citations – When referring to this article in your essay, paper, or report, please reference it using one of the following formats:

  • APA The name is Yolanda Smith (2019, February 27). Management of the Pharmacy and Medical News. This information was obtained on August 26, 2022 from the website https://www.news-medical.net/health/Pharmacy-Management. aspx.
  • The MLA citation for this article is Smith, Yolanda. “Pharmacy Management.” News-Medical. 26 August 2022.
  • Chicago Yolanda Smith wrote an article titled “Pharmacy Management” for News-Medical, which can be seen online at https://www.news-medical.net/health/Pharmacy-Management. aspx (accessed August 26, 2022).
  • Yolanda Harvard Smith, Harvard University, 2019. News-Medical, “Pharmacy Management,” accessed on August 26, 2022, https://www. news-medical. net/health/Pharmacy-Management. aspx.
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