Why pharmacists paid so much




















Just to add to what ryanbis said, what customers and patients do not actively think about is that retail pharmacists have to know a little bit of everything about all of the common ailments.

Ask about orthopedic problems, they expect the retail pharmacist to know. Ask about that weird mark on the neck, the retail pharmacist should know something about it. Why are the watery eyes still there after drops of Visine, Clear Eyes, etc.? Retail pharmacists need answers to that, too. They act as a sort of the localised expert in medication at stores.

Pharmacists should also be successful at investing their money and managing their expenses. Because most pharmacists recognise this during their years in pharmacy school, they're able to "make money grow. What they study is way not my personal academic thing at all, but they deserve their pay for sure.

It takes a lot of schooling as well as some fine tuned academic skill to get into that field. Why do they make so much? There is no possible way doctors can remember and understand all the different drugs there are out there. In my opinion, anything over 6 years and it loses its value proposition. I want to work for the pharmaceutical industry after graduation and go to school part-time for a Master's in ChemE for two years.

At this point, I would want to work abroad for two years and apply for an MBA program at a top 5 business school. And dont think that they just put pills in a bottle It really shouldn't be much of a surprise.

I know of only one PharmD in my area working in a local retail pharmacy. Thank you! You are now a Monster member—and you'll receive more content in your inbox soon. By continuing, you agree to Monster's privacy policy , terms of use and use of cookies. Search Career Advice. Related Articles. Browse articles by Find The Right Career Path. Professional Development. Becoming a member of the Royal Pharmaceutical Society will provide access to relevant resources, events, a mentoring service, professional network, webinars and CPD support.

If you work in the NHS you'll follow a structured career path with opportunities to study for clinical and management qualifications, often supported by the employing trusts. As a newly qualified pharmacist, you'll typically rotate between different pharmacy services offered by your hospital. These may include:. Following two to three years' experience, you may apply for a more senior Band 7 pharmacist position. This is usually a rotational role but with more emphasis on specialising in a chosen area of pharmacy practice, for example:.

There are opportunities to further progress to the role of supplementary or independent prescriber or to hospital pharmacy consultant pharmacists with special interests. There are fewer positions available in these roles, however, and it may be necessary to relocate in order to progress.

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LT, I am sorry to hear your story. I am praying for you. Keep trying, maybe even in a different field plus part-time pharmacist. Move to income-contingent loan plan if you have not already. There is hope even when things are hard, read the gospel of John in the Bible. I graduated in and I was literally the last graduating class in the Washington DC area to get guaranteed job placement through CVS. Half of interns for class of got the axe by November and the remaining had to Still apply.

I feel very sorry for you. Where do you currently live? Have you found a job yet? Sorry to hear your story, LT. Try to see if you have any relief temp agencies for pharmacists or maybe drive out farther or perhaps think about relocating. I had to drive out Relief temp agencies actually helped out a little when I first started out as a pharmacist.

I have been a pharmacist for 20 years. Seen several others pushed out of their jobs to be replaced by new graduates.

Retail companies do not care. They helped fund pharmacy schools to be built so the salaries would go down and figured out they would save more money pushing out long term higher payed pharmacist to hire new graduates for less money. I have not found a Pharmacist position for over 2. I seen it coming. Now I day trade stocks and get by. Clinical or research is the best route if you can find a position as a Rph with a PharmD. The first 10 years was great helped so many patients in retail pharmacy.

I do not see a big future in pharmacy. Good Luck…. Sorry to hear about what happened to you. Do you have evidence that the retail chains funded the pharmacy schools? Now when I try and find any new info about it online it was a number of years ago maybe as far back as or ish I can find nothing.

That would be a very interesting article to write. Looking into the donations of major pharmacy retail chains Walgreens, CVS, Walmart to pharmacy schools in order to grow schools, increase pharmacist counts, in the name of lowering overall pharmacist compensation and flooding the market with pharmacists.

In return the schools increased and pumped out double the number of pharmacists. That is why we really have the exponential growth…. I am sure you will be able to find plenty of info out there on donations CVS, Walgreens and Walmart have made to further this goal. But really interesting way of thinking about it.

I did residency at a hospital which I applied for employment post residency, I got the job but I was told they received a total of 83 applications!!!!! The part about pharmacy residency is a little misleading. In my experience, the pro of an extra year of residency is that you get more training and are more qualified than New graduates for a hospital job. Therefore, you will likely be selected over a new grad for a hospital pharmacist position and start at a similar expected salary.

However, I think that the long-term job security you will likely have afterward due to the training and advanced qualifications is far worth it. But with everyone seeking out residencies like this does it truly provide job security?

Perhaps compared to pharmacists who do not do one, but I view residencies as a more recent widespread phenomenon to deal with the huge surplus of new grads. My friend who works as a pharmacist at a Kaiser hospital told me that they posted a recent job opening for a hospital pharmacist. They received over applications! Just because you do a residency does not guarantee you a job.

Residency prepares you to become a hospital pharmacist, but most of the pharmacist job market is dominated by retail. That should be required all caps disclosure in every pharmacy school application right now. They just want to make money off of students and they sugar coat the job market and make sure the students steer clear from reality. In fact, some schools even lowered their standards for admission requirements just to fill up spots.

In my experience a PGY1 is standard and nothing special in order to be competitive now a PGY2 is needed for the hospital setting. I disagree with the author in Hospital being a growth field — our city has gone through numerous reduction in clinical staff. Im sorry to hear that. I know how you feel. I had other pharmacist telling me to get out while I can and so I listened. I am happy now doing something different although I have some student loans to pay off. The market is so saturated I was afraid of not having a job when I get out.

Loved the article. You definitely got it right!! This show highlights real issues in Pharmacy and individuals journeys into non-traditional Pharmacist roles. Schools are mainly to blame. They need to either close or reduce size by half. Something needs to be done. There needs to be some accountability for misleading masses of students about becoming a pharmacist.

There are no jobs. Surprised a law firm has not focused on how long term pharmacist have been pushed out and replaced, by new graduates, from their life career by the retail pharmacy industry.

I imagine they would if they could make a case legally. It seems like brutal competition to me as an outsider. There was a job posting in W. I can tell they let just about anyone into pharmacy school, the employers want some to just press the button. It sounds bad, but pharmacist quality has dropped a lot. I have seen contract jobs as a pharmacist temporary no benefits etc for 24 to 35 per hour in New Jersey—the end is near.

Applications of jobs are now almost applicants per job position. It is terrible. Every pharmacy school student should read this article above and steer away from pharmacy. Change course and go to medical school.

You will thank all of us who are telling the truth about the market. YOU will be needed as a physician, and there will be a myriad of job opportunities the minute you graduate from residency. Pharmacy will leave you with high debt, and without a job you will be happy with because there just are not enough jobs for everyone. The market is flooded and I urge all of you to save yourselves even if you have invested years into pharmacy school.

You will have a better quality of life and respect as well by taking the MD route.



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