Highest Paid Pharmacist Specialty

Last Updated on December 24, 2022

The Highest Paid Pharmacist Specialty reveals the most up-to-date information about highest paid pharmacist specialties on a global basis. We also provide additional data and statistics to help our readers view, in depth, the latest trends, market outlook and opportunities within highest paid pharmacist specialties.

As the highest paid pharmacist specialty, with an average annual salary of $153,000, it is no surprise the demand for the profession. According to May 2017 statistics from the Bureau of Labor and Statistics, there are a total of 5,540 pharmacists employed in Connecticut, with an average annual salary of $117,910.

Highest Paid Pharmacist Specialty

Satellite pharmacists and nuclear pharmacists saw significant increases in hourly wages, and nuclear pharmacists have surpassed clinical pharmacists as the highest-paid specialty. Pharmacists on the West Coast earn the most, making an average of $68.07 per hour, or $141,600 per year.

In this post, we will talk about PharmacyWeek’s 2015 survey. We will also compare it with the survey of 2014. Here’s the list of hourly rates of various pharmacy job titles according to the survey: Read more on How to make the most money as a pharmacist? , Which country pays highest salary to pharmacists? and Highest Paid Pharmacist Specialty

Job TitleHourly Pay Rate+/- From 2014
Staff pharmacist – mail order$56.83$0.14
Staff pharmacist – satellite$60.57$3.50
Nuclear pharmacist$66.31$8.29
Staff pharmacist – retail$58.35-$0.46
Multiple average$60.88$1.05
Staff pharmacist – hospital$60.75$0.63
Clinical pharmacist$62.30$1.02
Team manager$69.05$1.76

From the above data, we can see that the salary of all job titles is increased except for retail pharmacists. It is declined by 46 cents. On the flip side, the hourly rate of the satellite, and nuclear pharmacists has improved amazingly.

The location also plays a critical role when it comes to salary. In some locations of the United States, you can make good enough money, while in some states, the salary will be comparatively less. For example, in South Dakota, the average annual salary of a pharmacist is about $113,200, while in California, the average yearly salary of a pharmacist is around $146,900. Yes, that’s quite a big difference.

We are working to become the central information hub for Pharmacists looking for the most in-depth and useful training within their specialty. We will keep you updated with relevant info regarding clinical, business and legal education. No matter how many years you’ve been a pharmacist or how experienced you are, there’s always something new to learn!

What is the highest paid pharmacist?

As we have seen, the pharmacy specialty is of different types. It is advisable to select the pharmacy specialty that interests you the most.

Depending on whether you get into the retail, community, nuclear, or any other type of pharmacy, your salary, duties, responsibilities, etc. will vary.

If we talk about the highest-paid pharmacist, nuclear pharmacists are the highest-paid. And, hospital/healthcare systems remain the highest paying job setting.

Talking about the salary of a nuclear pharmacist, it ranges depending on the knowledge, skillset, and experience of the candidate. Apart from these, job location also affects the payout. The average salary of a nuclear pharmacist is about $140,048 per year in the United States. The average hourly rate a nuclear pharmacist can earn in the United States is $67.

Which country pays highest salary to pharmacists?

As we have already discussed, location is the critical factor when it comes to the salary. If you want to get paid highest as a pharmacist, you need to make sure you do the job in the right location. Here are some countries that pay pharmacists the most:

United States

The United States is the highest paying country for pharmacists. The salary further differs based on location in the country. For example, in a place like California, you can expect to earn a comparatively higher salary. The average yearly salary of pharmacists in the United States ranges between $107,000 to $118,000.

Switzerland

The majority of pharmacists in Switzerland have the experience of one to four years. The average annual salary for pharmacists in Switzerland is $83,600.

Canada

Canada is another country that pays a high salary to pharmacists. The average annual salary you can expect to make as a pharmacist in Canada is $80,700.

How to make the most money as a pharmacist?

Do you want to make more money as a pharmacist? There are various ways you can make extra money. Here are some best ways:

Take extra shifts

One of the best and easiest ways to make more money as a pharmacist is by taking extra shifts. If extra shifts are available, you can take it and make money. Taking extra shifts is not for community pharmacists; it is for those working in hospitals and health system

Nuclear Pharmacist

The education needed to become a nuclear pharmacist requires many years of commitment, and includes earning an undergraduate degree and then a Pharm.D. graduate degree. A fellowship or residency program is also required for individuals looking to specialize in a specific area, and this program can last up to two years. Licensure is required and certification is often obtained. Read on to find out what is nuclear pharmacy and how to become a nuclear pharmacy technician.

If you want to make money, becoming a pharmacist is a great choice. It’s never been more lucrative and the field is growing rapidly. The best way to enter the profession is by getting an online degree in pharmacy. A pharmacy degree can be obtained in as little as one year of concentrated study.

What Do Nuclear Pharmacists Do?

Nuclear pharmacists are a special type of pharmacist who work with radioactive materials for nuclear medicine. Radioactive materials can be used to treat illnesses, but also to diagnose them, such as with the use of X-rays. The nuclear pharmacist is responsible for preparing, packaging and labelling radiopharmaceuticals, carrying out regular checks of materials, storage facilities and equipment, and making sure that patients are correctly prepared before they undergo any procedure involving radiopharmaceuticals. Nuclear pharmacists typically work in the nuclear pharmacy department of a hospital or for a commercial pharmaceutical company. In both cases, professionals usually spend most of their days in a laboratory environment.

In addition to obtaining specialized certification, a nuclear pharmacist needs to complete the necessary steps to become a regular pharmacist, which include obtaining an undergraduate education, earning a Pharm.D. degree, passing licensure exams and completing a residency or fellowship. Additional training in a nuclear pharmacy certificate program can help prepare candidates for certification.

Required EducationPharm.D.
Other Requirements1-2 year fellowship or residency program; nuclear pharmacy certificate program
Licensure and CertificationLicensure required; nuclear pharmacy certification common
Projected Job Growth (2019-2029)-3% for all pharmacists*
Median Salary (2019)$120,658 for nuclear pharmacists**

Sources: *U.S. Bureau of Labor Statistics; **PayScale.com

Nuclear Pharmacist Salary and Job Outlook

How much does a nuclear pharmacist make? Payscale reports a median salary of $120,658 for nuclear pharmacists in 2019. According to the U.S. Bureau of Labor Statistics, the three states that paid the highest wages to pharmacists in general in 2019 were California, Alaska and Vermont. Across the country, outpatient care centers, commercial companies and enterprises, and residential facilities for those with intellectual disabilities, mental health issues and substance abuse issues were among the highest paying employers of pharmacists in 2019. Employment opportunities for pharmacists overall are predicted to decrease by 3% between the years 2019 and 2029, although this may not be an accurate reflection of the nuclear pharmacy job outlook.

How to Become a Nuclear Pharmacist

Step 1: Complete Undergraduate Courses

Prospective nuclear pharmacists must complete at least two years of undergraduate education, with specific courses taken in mathematics, chemistry, physics, humanities, biology, social sciences and natural sciences. These specific courses are determined by the entry requirements set forth by Pharm.D. programs. Some schools offer nuclear pharmacy specializations or minors within the Pharm.D. degree program.

Step 2: Complete Pharm.D. Program

After completing undergraduate work, students can apply to Pharm.D. programs. The Pharm.D. is a 4-year comprehensive graduate program in which students acquire the necessary education to become pharmacists and fill out prescriptions and medical orders. They also learn how to interact with customers, patients, physicians, nurses and healthcare providers.

Step 3: Complete Nuclear Pharmacist Residency

After completion of the Pharm.D. program, the next step for those committed to becoming a nuclear pharmacist must participate in a 1- to 2-year fellowship or residency. Generally, the student works under an experienced and licensed pharmacist and has the opportunity to experience the job firsthand. Students work in teams and spend time administering treatment to patients, in addition to working on preparing and quality-checking radiopharmaceutical products. A final project is usually required. Candidates are also eligible to take the required pharmacist licensing exams after completing the Pharm.D.

Step 4: Consider a Certification Program

Following their fellowship or residency, prospective nuclear pharmacists may consider entering a certificate program focusing on the proper handling and distribution of radioactive materials that are used in nuclear medicine. These certificate programs can help them gain the necessary work experience for certification. Nuclear pharmacy certification is administered by the Board of Pharmacy Specialties and requires candidates to have graduated from a pharmacy program approved by the Accreditation Council for Pharmacy Education (ACPE) and possess an active license to practice pharmacy, either in the U.S. or abroad. Candidates should also have accrued at least 4,000 hours working in the field of nuclear pharmacy, half of which may be accumulated through internships as part of specific nuclear pharmacy training programs. Finally, it is necessary to pass an exam, which covers a wide range of topics related to the handling of materials, product preparation and testing, occupational safety, and other matters.

Nuclear pharmacists work with radioactive materials that are used as therapeutic agents. Becoming a nuclear pharmacist requires post-graduate education beyond the bachelor’s degree in the form of a Pharm.D. degree, as well as a state license. It is also common for nuclear pharmacists to acquire certification of proficiency in handling radioactive materials.

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