Does A Pharmacist Make Good Money?

Pharmacists tend to earn a respectable amount of money. Obviously pharmacists do not earn as much as doctors do, but that is because doctors invest more time and money in their education in order to specialize, etc. Also, doctors have to deal with the huge responsibility of another human being's life.

Back to pharmacists though, they can easily end up earning over $100,000 a year (not pounds, mind). Even the lowest paid pharmacist would earn roughly $50,000 a year. The median range, though, is roughly $80,000 to $85,000 a year.

The tendency for pharmacists to make so much money is the fact that they are also ultimately responsible for the medicines they advise people to buy. Generally, pharmacists don't prescribe drugs, like doctors do, but they can still advise certain medication based on their diagnosis of the patient's symptoms. One has to be extremely careful when advising medications to strangers, since if you are not the person's doctor, you won't know their disease or allergy history, and advise the wrong medications can complicate illnesses, even resulting in death in certain cases.

Since it is such a major responsibility, and since pharmacists will always be required as long as there are sick people and available medicine, pharmacists are paid such a generous salary.

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As salaries of every person vary by both position he/she holds and geographical location. Like wise even a Pharmacist salary differs with his/her position held and location. The most surprising part is that contrary to any normal business in rural locations these professionals are paid much more higher than their other urban counterparts. This is because it is harder to find one and if it is a good one than all measures are taken care to retain them. Eg. In Washington State, pharmacists make upto 85,000 dollars a year whereas in California they make upto $100,000 a year.

As per the U.S. Department of labour records, median yearly wage and salaries of the Pharmacists in 2002 were $77,050. In the industries where a large number of Pharmacists are employed their salaries as per year 2002 were follows:

Grocery stores: - $78,270
General medical and surgical hospitals: - $76,620.

A regular pharmacists would earn at the start of his career as fresher is $40 an hour or a little above. A boy in his internship would make around $10 an hour or a little less. On an average a pharmacists puts in 40 hours per week as their working hours for which they can make upto $107,000. This is as per a pharmacist working at a hospital in North Carolina in 2006.

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