Sunday, April 27, 2014

For 2013, Pharmacist Salaries Rise Yet Again For This Family-Friendly Occupation

Time for our exclusive annual analysis of pharmacist salaries, based on the Bureau of Labor Statistics’ (BLS) latest 2013 Occupational Employment Statistics (OES).

Once again, pharmacist salaries grew faster than overall U.S. wages. The highlights:
  • In 2013, the average gross salary for a pharmacist at a retail, mail, and specialty pharmacy was $117,500—up 1.1% from 2012.
  • Average salaries for pharmacists at mass merchants climbed above $121,000.
  • Of the 820 detailed occupations that BLS lists in the OES survey, the “pharmacist” classification ranked 29th in compensation.
  • Retail, mail, and specialty pharmacists’ salaries are 57% higher than the average healthcare figure.
Details below. I also highlight a neat paper that analyzes how the growth of national chains turned pharmacy into a family-friendly, female-majority profession with a very small gender wage gap. It's a new twist on how free-market industry evolution can lead to positive social outcomes.

continue to read here

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