Mercer's 2006 Pharmacy Compensation Survey-Spring Edition found that the median total cash compensation for a staff pharmacist position, which includes base salary and annual bonus, rose 5.4 percent. Compensation for pharmacy team managers, pharmacy technicians and pharmacy graduates all increased more than 4.2 percent.
Pay levels were found to vary widely by geography. Salaries were $84,000 for staff pharmacists in Pittsburgh; $86,600 in Omaha, Neb.; $107,700 in San Francisco; and $109,100 in San Jose, Calif.
"The demand for pharmacists is skyrocketing due to the aging population, expansion of retail pharmacies and the development of new medications," said Eric Michael, a senior consultant with Mercer's Managed Pharmacy Benefit business.
"As the need for pharmacists outpaces supply, pharmacy operators are compensating competitively to fill open positions."
The survey is conducted semi-annually and reflects data submitted by 180 organizations covering more than 209,500 pharmacy employees. Survey participants include major retail pharmacy operators (drugstore and supermarket chains) as well as mail-order/online pharmacy companies and hospital/health-care systems.
Labels: No Prescription, Online Pharmacy, Prescription Drugs
# posted by Network @ 3:35 PM
