The pharmacist’s salary in New York City is $135,761 annually yearly.
A pharmacist is a professional who handles the distribution of medication; they are some of the most well-paid healthcare professionals in the country.
Pharmacists Salary across Cities in New York
Here are the salaries of pharmacists across the cities of New York:
|City||Hourly Salary||Annual Salary|
10 Highest Paying Cities for Pharmacists in New York
Salary information for the top 10 paying cities for pharmacists in New York:
|City||Hourly Salary||Annual Salary|
Pharmacists Salary Based on Skills in New York
A pharmacist with relevant skills and certifications will earn more than their colleagues without them.
Some so of the skills that employers value most include:
- Customer Service
- Analytical Skills
- Communication Skills
- Crisis Management
Pharmacists Salary Based on Experience in New York
Experience also matters when it comes to pay. In New York, a pharmacist with less than one year experience will earn $131,546 while one with 10 years of experience and more can take home $162,732.
10 Highest Paying Companies for Pharmacists in New York
Here are the top companies in New York that pay the highest salaries to pharmacists:
|Company||Hourly Salary||Annual Salary|
|3||White Glove Placement, Inc.||$74.49||$163,570|
|5||Raley’s / Bel Air / Nob Hill||$73.78||$156,774|
|6||Oregon Health & Science University||$71.12||$152,471|
|8||Riverside Health System||$67.38||$147,888|
10 Highest Paying Pharmacist Jobs in New York
Some of the highest paying pharmacist jobs in New York include:
- Inpatient Pharmacist: $152,005
- Clinical Staff Pharmacist: $138,253
- Senior Clinical Pharmacist: $136,682
- Clinical Pharmacist Specialist: $134,797
- Primary Care Pharmacist: $134,338
- Nuclear Pharmacist: $175,975
- Critical care Pharmacist: $153552
- CVS Pharmacist: $154,431
- Research Pharmacist: $164300
- Retail Pharmacist: $165,893
More Benefits for Pharmacists in New York
Employers offer pharmacists benefits like paid time off, stocks, health insurance, and 401(k) retirement plans.
- Paid Time Off
This is a benefit that is part of New York’s unemployment insurance system. It allows you to take time off your job when you’re sick or have a doctor’s appointment, in order to recuperate from your illness or surgery.
- Sick Leave
This is a benefit offered by employers, not the government. Paid sick leave requires them to provide paid time off for anyone who’s sick on a regular basis (e.g., every Monday).
This is a type of ownership that gives you a part of the company. When stocks appreciate, as most do over time, it can make you richer than you would have been otherwise.
- Health Insurance
Employees are expected to finance the cost of health insurance through their payroll deductions.
Companies offer a wide range of plans, including HMO and PPO plans that can be tailored to your individual needs.
New York has one of the highest costs for healthcare in the country, which means employees are expected to cover a higher share of their medical costs.
But there is a limit on how much money they can spend out-of-pocket every year (e.g., $5,900 for an individual).
- 401(k) retirement plans
401(k) plans are retirement plans that are similar to the European pension system in that they have a fund from which money is deducted from your paycheck and invested until you retire.
What Related Job Titles to Pharmacists Earn in New York
Earnings of some occupations related to pharmacy include:
- Surgeon-Oncologist: $427917
- Biomedical Engineer: $132,442
- Pharmaceutical Sales Manager: $129,288
- Biomedical Research Scientist: $108992
- Podiatrist (Doctor of Podiatric Medicine): $259,905
Pharmacists Job and Salary Outlook in New York
According to the Bureau of Labor Statistics, pharmacist employment will fall by 2% between 2020 and 2030.
Despite decreased employment, around 11,300 pharmacist job opportunities are expected each year, with New York City contributing to part of those positions.
In terms of Registered Pharmacist wages, New York ranks second out of 50 states.
How to Increase Your Pay as a Pharmacist in New York
In order to increase your pay as a pharmacist in New York, here are a few tips to keep in mind:
- Keep Learning
Pharmacy is a continuously evolving industry and it’s important for pharmacists to keep their knowledge up-to-date by attending workshops and reading journals.
2. Take on Multiple Jobs
Part time pharmacist jobs are available if you’re looking for additional sources of income on the side.
3. Earn a Doctorate in Pharmacy
Pharmacists with a doctorate earn around $45,000 more than those with a bachelor’s degree.
It takes around 3 to 4 years to complete the program after you finish your pharmacy degree.
4. Take on Freelance Jobs
Freelance opportunities are easy to obtain on sites like Upwork and Guru when they’re in-demand.
5. Consider Telecommuting
Pharmacists can earn up to $35 an hour working remotely. You can also work for yourself through a business like Pharmacy Choice, which offers pharmacists with no experience the opportunity to start their own business.
More Career Opportunities for Pharmacists in New York
You can even advance your career further by trying one or more of these ideas:
- Become a Pharmacy Manager
When you become a pharmacy manager, you help manage the daily operations of a pharmacy and make sure it is running smoothly.
2. Open your Very Own Pharmacy
There are plenty of hospitals and other health care facilities that are in need of a new pharmacy.
By opening your own in New York, you can take advantage of the opportunity to work in your very own environment and gain valuable experience.
3. Start a Consulting Company
Pharmacy consulting companies are in demand and you can start yours by working on the side.
Once you have enough clients, you can turn it into a full-time job.
4. Become a PhD or PharmD Student
Pharmacy is one of the most lucrative degrees to pursue in New York, so if you want to make more money when you become a pharmacist, consider pursuing one of your options.
5. Become a Pharmaceutical Executive
Pharmaceutical Executives are the owners and medical directors in a pharmaceutical company. If you want the professional perks associated with the job without the stress, this is the version for you.
You have gained a lot of useful knowledge about the pharmacist salary in New York and how you can increase your salary in the state.
If you are a pharmacist looking to live and work in New York, this post helps you to make a good decision about the city and company to work for and the area to specialize it, etc..