The market for pharmacists is a favorable one; this is why most people wonder how much salary a pharmacist could be making. Research done in this area shows that pharmacy counter jobs are highly paid ones. This is not all. Pharmacist jobs are increasing well in the United States and everywhere else in the world. As a pharmacist, the main job one needs to get done is focus on use of safe and effective medicine. In order to do the job successfully, sound knowledge of biochemical mechanisms, side effects, therapeutic roles and potential medication interactions is a must.
According to salary surveys conducted, the average pharmacist salary was $94,570 per year. The highest recorded was approximately $129,356 while the lowest was at $59, 783. In these figures the bonus and profit sharing ratios were observed to be 10.6% and 4.5% respectively.
Furthermore, experience is an important factor for pharmacist salary. The higher the number of years you have been working for, the more salary you can get entitled to. As a benchmark, a pharmacist with less than a year of experience can get $80, 560 on an annual basis. On the other hand, a pharmacist with more than 20 years of experience can receive a payment of $111, 797 annually.
For obvious reasons, the best paying vicinity will be the central city where the chances of getting recruited are definitely high.
How to Earn More as a Pharmacist?
High salaries are a result of various licenses and certificates that the pharmacist needs to obtain within two years of study at a professional university or college. These certificates are a must and important before you can apply for the Doctor of Pharmacy. With every certificate you obtain, the level of salary increases eventually.
Cardiopulmonary Resuscitation (CPR) is the basic of all certificates and a pharmacist with it will earn a salary of $117, 447 annually. Registered Pharmacist (RPh) certificates is of much value to this career and can get you the salary of $127,133. The most valuable certificate to a pharmacist is that of Certified Immunization Pharmacist (CIP) and Registered Immunization Pharmacist.
Since the competition is tough in the field, getting admission in a professional school and starting an internship is the best thing one can do. Besides these pre-requisites, having good communication skills along with a problem-solving attitude can take you a long way.