- Annual Salary Survey Results: Money Isn’t Enough
Annual Salary Survey Results: Money Isn’t Enough
By Drug Topics on December 17, 2018
As pharmacists continue to battle professional challenges that include low payments, hidden fees, higher volumes, insufficient support , and a healthcare system that relegates them to a service department, it appears as though no amount of money could offset systemic frustrations. Pharmacist compensation continues to rise, but modest financial increases aren’t making pharmacists any more satisfied in their jobs, according to the annual Drug Topics Salary and Job Satisfaction Study (see Methodology). For the third year in a row, pharmacists report higher workloads, more stress, and less overall job satisfaction despite individual incomes that are twice the national average than those of entire households.
More than 70% of pharmacists earn at least $120,000 per year with significant bonuses and benefits, yet more than a quarter of pharmacists are dissatisfied in their current position, and 41% say they are not adequately compensated for the work they do. The reasons for their disillusion are primarily caused by the mix of workload expectations, insufficient support, and variable reimbursements that many consider arbitrary.
For the full article, visit the Drug Topics website here.