How Much Money Do Pharmacy Technicians Make
The average salary for pharmacy technicians in the United States is around $31,000 per year. However, this can vary depending on the state in which they work, their level of experience, and the specific type of pharmacy they are employed at.
Most pharmacy technicians start off working as assistants, and earn an average salary of $26,000 per year. With experience, they can move up to become a full pharmacy technician, and earn an average salary of $33,000 per year. There are also a small number of pharmacy technicians who earn six-figure salaries, typically working in management or research roles.
The type of pharmacy can also make a difference in how much money a pharmacy technician makes. For example, technicians working in retail pharmacies typically make less than those working in hospitals. This is because the work in hospitals is typically more specialized and requires more training.
Overview of Pharmacy Technician Job
Pharmacy technicians help licensed pharmacists dispense prescription medication to patients. They may also be responsible for preparing medication doses, labeling medication bottles, and answering customer questions. According to the U.S. Bureau of Labor Statistics, the median annual salary for pharmacy technicians was $30,920 in May 2017.
Most pharmacy technicians work in retail pharmacies, where they may be responsible for filling prescriptions, preparing medication doses, and answering customer questions. They may also be responsible for counting and measuring medication doses, labeling medication bottles, and stocking medication inventory.
In some hospitals and larger clinics, pharmacy technicians may also be responsible for order entry, drug compounding, and billing and insurance claims processing. They may also be responsible for managing pharmacy inventory and providing drug information to patients and health care professionals.
The U.S. Bureau of Labor Statistics (BLS) reports that the median annual salary for pharmacy technicians was $30,920 in May 2017. The lowest 10% of earners earned less than $21,370, while the highest 10% earned more than $43,680. The BLS expects employment for pharmacy technicians to grow by 12% from 2016 to 2026, faster than the average for all occupations.
Factors Affecting Pharmacy Technician Salaries
Pharmacy technicians are an integral part of the pharmacy profession, and they play a critical role in the pharmacy team. Pharmacy technicians work under the supervision of a pharmacist to dispense medication to patients. They also may be responsible for preparing medications, maintaining the drug inventory, and counseling patients on their medications.
Pharmacy technicians have a critical role in the pharmacy, and their salaries reflect that. The Bureau of Labor Statistics reports that the median salary for pharmacy technicians was $31,710 in 2016. The lowest 10% of earners made less than $21,370, while the highest 10% of earners made more than $45,710.
There are a number of factors that can affect pharmacy technician salaries. Some of the most important factors include experience, education, and location.
Experience is a critical factor that affects pharmacy technician salaries. The more experience a technician has, the more they will be able to earn. The Bureau of Labor Statistics reports that the median salary for pharmacy technicians with less than one year of experience was $27,210 in 2016. The median salary for pharmacy technicians with one to four years of experience was $29,410. The median salary for pharmacy technicians with five to nine years of experience was $33,600. The median salary for pharmacy technicians with ten to nineteen years of experience was $37,480. The median salary for pharmacy technicians with more than twenty years of experience was $41,500.
Education is also a key factor that affects pharmacy technician salaries. Pharmacy technicians who have a higher level of education will typically earn more than those who have a lower level of education. The Bureau of Labor Statistics reports that the median salary for pharmacy technicians with a high school diploma or equivalent was $27,910 in 2016. The median salary for pharmacy technicians with an associate degree was $32,480. The median salary for pharmacy technicians with a bachelor’s degree was $38,870.
Location is another important factor that affects pharmacy technician salaries. Technicians in larger metropolitan areas typically earn more than those in smaller metropolitan areas. The Bureau of Labor Statistics reports that the median salary for pharmacy technicians in the top five metropolitan areas was $37,480 in 2016. The median salary for pharmacy technicians in the next five metropolitan areas was $34,060. The median salary for pharmacy technicians in the next ten metropolitan areas was $31,710. The median salary for pharmacy technicians in non-metropolitan areas was $29,220.
There are a number of other factors that can affect pharmacy technician salaries, including employer, certification, and industry. Pharmacy technicians who work for larger employers typically earn more than those who work for smaller employers. Pharmacy technicians who are certified typically earn more than those who are not certified. Pharmacy technicians who work in the retail industry typically earn more than those who work in the hospital industry.
The Bureau of Labor Statistics reports that the median salary for pharmacy technicians is $31,710. The lowest 10% of earners make less than $21,370, while the highest 10% of earners make more than $45,710. There are a number of factors that affect pharmacy technician salaries, including experience, education, and location.
Average Salary of Pharmacy Technicians
Pharmacy technicians work in pharmacies under the supervision of pharmacists. They are responsible for tasks such as filling prescriptions, labeling medication, and preparing medication doses. The average salary of pharmacy technicians in the United States is $31,710.
The salary of pharmacy technicians can vary depending on a number of factors, including experience, education, and employer. Pharmacy technicians in the United States with less than one year of experience earn an average salary of $25,580. Those with one to four years of experience earn an average of $29,470. Pharmacy technicians with more than five years of experience earn an average of $36,840.
Pharmacy technicians with an associate’s degree earn an average of $35,760, while those with a bachelor’s degree earn an average of $43,920. Pharmacy technicians working for the federal government earn the highest average salary at $48,730.
Most pharmacy technicians are employed by retail pharmacies, where the average salary is $30,900. However, technicians employed in hospitals earn an average of $37,600, while those employed in the pharmaceutical manufacturing industry earn an average of $43,580.
Salary Comparison Across Different Work Settings
Pharmacy technicians are in high demand and typically make a good wage. According to the Bureau of Labor Statistics, pharmacy technicians made a median wage of $30,920 in 2016. This wage varies depending on the work setting.
Pharmacy technicians in hospitals typically make more money than those in retail settings. In 2016, the median wage for hospital pharmacy technicians was $36,940, while the median wage for retail pharmacy technicians was $29,320.
The highest paying work setting for pharmacy technicians is the pharmaceutical industry. In 2016, the median wage for pharmacy technicians in this setting was $45,710.
The amount of money that pharmacy technicians make also depends on their level of experience. The median wage for pharmacy technicians with less than one year of experience was $27,000 in 2016. This wage increases to $32,000 for those with one to four years of experience, $37,000 for those with five to nine years of experience, and $43,000 for those with 10 or more years of experience.
Highest Paying Industries for Pharmacy Technicians
Pharmacy technicians play an important role in the pharmacy industry, and they can make a good salary in many industries. Here are the industries that offer the highest paying jobs for pharmacy technicians.
The first industry is the pharmaceutical industry. Pharmacy technicians in the pharmaceutical industry can make a median salary of $47,710. The industry is growing rapidly, and there are many opportunities for pharmacy technicians.
The second industry is the medical device industry. Pharmacy technicians in the medical device industry can make a median salary of $46,080. The industry is growing rapidly, and there are many opportunities for pharmacy technicians.
The third industry is the biotechnology industry. Pharmacy technicians in the biotechnology industry can make a median salary of $45,660. The industry is growing rapidly, and there are many opportunities for pharmacy technicians.
Salary Differences by Location and Experience
Pharmacy technicians are an important part of the pharmacy team, and their salaries can vary depending on a number of factors. In general, pharmacy technicians in the United States make an average of $29,000 per year. However, this salary can vary depending on location and experience.
Pharmacy technicians in the Northeast tend to make the most money, with an average salary of $32,000. Those in the Midwest make the least, with an average salary of $26,000. This discrepancy is likely due to the higher cost of living in the Northeast.
Experience also affects salary. Pharmacy technicians with less than one year of experience make an average of $25,000 per year, while those with more than 10 years of experience make an average of $37,000.
Pharmacy technicians are an important part of the pharmacy team, and their salaries can vary depending on a number of factors. In general, pharmacy technicians in the United States make an average of $29,000 per year. However, this salary can vary depending on location and experience.
Pharmacy technicians in the Northeast tend to make the most money, with an average salary of $32,000. Those in the Midwest make the least, with an average salary of $26,000. This discrepancy is likely due to the higher cost of living in the Northeast.
Experience also affects salary. Pharmacy technicians with less than one year of experience make an average of $25,000 per year, while those with more than 10 years of experience make an average of $37,000.
Job Outlook and Future Trends for Pharmacy Technicians
Pharmacy technicians play an important role in the pharmacy profession, helping to ensure that patients receive the correct medications and doses. They may also be responsible for other duties in the pharmacy, such as counting pills and labeling bottles. The Bureau of Labor Statistics reports that the median salary for pharmacy technicians was $30,920 in 2016.
The job outlook for pharmacy technicians is good. The Bureau of Labor Statistics projects that the number of pharmacy technician jobs will grow 12 percent from 2016 to 2026, faster than the average for all occupations. This growth is due, in part, to the increasing number of retail pharmacies and the increasing use of technology in pharmacies.
There are several ways to become a pharmacy technician. Some states require pharmacy technicians to be licensed or certified. Licensing or certification may be obtained from professional organizations, such as the National Pharmacy Technician Association (NPTA) or the Pharmacy Technician Certification Board (PTCB).
Tips for Maximizing Your Pharmacy Technician Salary
Pharmacy technicians play a critical role in the pharmacy, and their salary reflects that. According to the Bureau of Labor Statistics, pharmacy technicians make a median salary of $31,710. However, there are a number of ways to maximize that salary.
The first step is to become certified. Pharmacy technicians can become certified through the Pharmacy Technician Certification Board (PTCB). Certification not only demonstrates your competence, but also may lead to higher pay.
Another way to maximize your salary is to specialize in a particular area of pharmacy. For example, those who specialize in compounding medications may earn a higher salary than those who do not.
Additionally, you can increase your earning potential by working for a larger pharmacy or retail chain. These pharmacies typically offer higher salaries and benefits than smaller pharmacies.
Finally, be sure to stay up to date on the latest changes in the pharmacy field. Keeping up with the latest trends and developments can help you maximize your salary and advance your career.
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