Time to update our exclusive annual analysis of pharmacist salaries. We again rely on the latest Occupational Employment Statistics (OES) data from the Bureau of Labor Statistics (BLS).
For 2017, the average gross base salary for a pharmacist at a retail, mail, long-term care, and specialty pharmacy reached nearly $122,000—up slightly from the 2016 figure. Meanwhile, the share of pharmacists who work at hospitals reached a new high. Pharmacists who work at hospitals also had higher salaries and greater salary increases than those of pharmacists in outpatient dispensing formats.
Some people have predicted doom and gloom for pharmacists. These latest data show otherwise, though the ongoing shift to specialty drugs is altering long-standing employment patterns. Below, I profile pharmacist employment and salaries. I also offer a few controversial thoughts on U.S. healthcare spending and the industry’s salaries.
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