Pharmacy delivery isn’t cheap.
And it’s not for everyone.
A new study suggests that, even if you’re a typical pharmacy technician who is already paid fairly, it’s possible to be one of the highest-paid workers in the country, depending on where you live.
The findings are based on data from the PayScale PayScale Salary Calculator, which shows that a pharmacy technician earns $11,000 to $15,000 a year, depending how many hours worked.
But, if you live in an area with a high cost of living, it might be worth considering a pharmacy delivery route to make ends meet.
“We’re a high-cost area, but there’s not a lot of competition,” says Daniel Auerbach, the PayPals associate manager for healthcare services.
He says it’s often hard to find a pharmacy that can offer a service that doesn’t require a full-time job.
In fact, he says, if your company has no full- or part-time pharmacy technicians, you might not be able to get a pharmacy license or even a pharmacy permit to sell drugs online.
“In order to be a pharmacy provider, you have to be able, as a health care provider, to provide a service to the public,” Auerbaits says.
He explains that in order to get licensed, a pharmacy needs to have a “minimum number of hours per year working in the pharmacy” and be a fulltime employee.
He adds that some pharmacies might not even have a pharmacy employee.
And even if they do, Auerbetts says, the majority of pharmacies are not licensed to sell prescription drugs.
“I think a lot can happen over time, especially if you have a growing industry, that changes the equation,” he says.
The study used PayScale’s Salary Calculator to calculate salaries for each job category, which include pharmacy technicians and pharmacists.
“The PayScale calculator uses data from PayScale, a highly respected compensation data provider, and the Department of Labor to calculate compensation, including benefits, based on average hourly earnings for full- and part-timers and employees,” PayScale explains in its FAQs.
“It includes detailed salary information, including the average hours worked per year, including hours spent on the job, hours worked in the last three months, and hours spent commuting and on other forms of work.”
To get a better idea of what types of jobs you might be good at, Ayerbetts uses data on job postings from CareerBuilder and Glassdoor, which provide salary information for nearly 100,000 people in the U.S. “If you’re looking for a pharmacy or pharmacy technician position, we recommend that you take a look at the PayMe website to get an idea of how much you might earn,” he adds.
“That’s the best way to compare, and also get a sense of the average salary for those positions.”
To calculate the average pay, Auberbach says, he took the number of employees in a company, divided it by the number they’d need to employ if they had to fill that position, and added it up.
He then took the median hourly salary, divided by the median annual salary.
“And you can use this formula to determine your pay,” he explains.
“You could make a living from $11 to $16 an hour, depending upon how many years you have worked there, and you could make more or less than that depending on the experience and the level of experience you have.”
In the end, the study suggests the median salary for a pharmacist could be as high as $18,000 per year.
Auerbsons recommendation for a full time job, however, is to find one that doesn