Pharmacist Salary in Tennessee and How to increase your Pay

Pharmacist Salary in Tennessee and How to increase your Pay.
The cities that pay the highest salaries to pharmacists in Tennessee include Memphis, Brentwood, and Franklin.

The median pharmacist salary in Tennessee is $122,144.

A pharmacist in Tennessee is the most important member of any pharmacy team. They are responsible for all patient care, medication safety, and maintaining inventory.  

Pharmacists Salary across Cities in Tennessee

Here are pharmacists’ salaries across the cities of Tennessee:

CityHourly SalaryAnnual Salary
1.Nashville-Davidson$48.30$106,464
2.Memphis$56.29$124,085
3.Knoxville$52.51$115,747
4.Chattanooga$52.73$116,238
5.Clinton$47.33$104,331
6.Murfreesboro$50.41$111,115
7.Franklin$55.15$121,563
8.Jackson$50.54$111,397
9.Johnson City$49.48$109,069
10.Bartlett$49.33$108,732
11.Hendersonville$50.24$110,739
12.Kingsport$49.89$109,982
13.Smyrna$49.86$109,898
14.Collierville$51.75$114,079
15.Cleveland$47.28$104,229
16.Brentwood$55.96$123,348
17.Spring Hill$49.65$109,444
18.Gallatin$49.72$109,587
19.Columbia$49.10$108,234
20.Germantown$50.86$112,100
21.Mount Juliet$49.07$108,169
22.La Vergne$50.76$111,878
23.Lebanon$49.64$109,417
24.Cookeville$48.88$107,747
25.Morristown$48.73$107,421
26.Maryville$48.56$107,047
27.Oak Ridge$54.16$119,373
28.Bristol$47.68$105,091
29.Farragut$47.42$104,523
30.Shelbyville$48.63$107,197
Pharmacists’ salaries across the cities of Tennessee

10 Highest Paying Cities for Pharmacists in Tennessee

Some of the best paying cities for pharmacists in Tennessee include:

 CityHourly SalaryAnnual Salary
1.Memphis$56.29$124,085
2.Brentwood$55.96$123,348
3.Franklin$55.15$121,563
4.Oak Ridge$54.16$119,373
5.Chattanooga$52.73$116,238
6.Knoxville$52.51$115,747
7.Collierville$51.75$114,079
8.Germantown$50.86$112,100
9.La Vergne$50.76$111,878
10.Jackson$50.54$111,397
Cities that pay the highest salaries to pharmacists in Tennessee

Pharmacists Salary Based on Skills in Tennessee

A pharmacist in Tennessee with industry-relevant skills and certifications will get paid more than those who lack those professional assets. Some of these skills:

  1. Active learning skills
  2. Organizational skills
  3. Supervision and leadership
  4. Group dynamics skills
  5. Management styles and skills.

Pharmacists Salary Based on Experience in Tennessee

Experience is another determining factor in pharmacists’ salaries in Tennessee.

The average pharmacist in Tennessee with less than one year experience earns $109,320 annually.

Experienced pharmacists with 10 or more years of experience under their belt will earn an average of $135,237 a year.

10 Highest Paying Companies for Pharmacists in Tennessee

The companies that pay more salaries to pharmacists in Tennessee include:

 CompanyHourly SalaryAnnual Salary
1.Dignity Health$75.93$167,369
2.UCLA Health$75.67$166,792
3.Meijer$73.92$162,937
4.Raley’s / Bel Air / Nob Hill$71.12$156,774
5.Oregon Health & Science University$69.17$152,471
6.Costco Wholesale$67.38$148,530
7.Riverside Health System$67.09$147,888
8.,Adventist Health$65.46$144,285
9.CVS Pharmacy, California$64.87$142,982
10MedWatchers Inc$64.19$141,502
Companies that pay the highest salaries to pharmacists in Tennessee

10 Highest Paying Pharmacist Jobs in Tennessee

Some of the highest paying jobs for pharmacists in Tennessee are:

  1. Clinical Staff Pharmacist; $128,436
  2. Oncology Pharmacist; $127,042
  3. Primary Care Pharmacist; $126,268
  4. Clinical Pharmacist Specialist; $125,408
  5. Travel Pharmacist; $124,345
  6. CVS Pharmacist; $139,360
  7. Walgreens Pharmacist; $146884
  8. Walmart Staff Pharmacist; $129,232
  9. Director of Pharmacy; $155,290
  10. Remote Pharmacist; $106,984.

More Benefits for Pharmacists in Tennessee

Employers in Tennessee offer the following benefits to pharmacists:

  1. Retirement Plans (401k, Profit Sharing, Deferred Compensation)

A pharmacist retirement plan is also beneficial to employers who wish to incentivize their employees.

Such plans are offered by CVS and Walgreens at an expense of about $4.4 billion per year for all employees of the company.

2. Additional Vacation Time

Pharmacists in Tennessee get additional vacation time but most of them do not utilize this.

3. Childcare Vouchers

Some companies in Tennessee also offer pharmacists childcare vouchers. Such vouchers come in handy when a pharmacist wants to take part-time leave (such as a sabbatical).

4. Supplemental Insurance (MRO/ROP)

Most employers often offer supplemental insurance for pharmacists. Although the cost of MRO/ROP is not very high, most pharmacists do not utilize it.

This is partly due to cost and partly because of lack of documentation.

What Related Job Titles to Pharmacists Earn in Tennessee

Earnings for related jobs to pharmacists in Tennessee include:

  1. Physical Therapist; $86,109
  2. Diagnostic Medical Sonographers; $80020
  3. Phlebotomists; $41,815
  4. Clinical Research Coordinator; $61903
  5. Certified Surgical Tech; $79,491.

Pharmacists Job and Salary Outlook in Tennessee

The typical salary range for a pharmacist in Tennessee is substantially up to $18,364, implying that there may be several prospects for promotion and improved income dependent on skill level, location, and years of experience.

Tennessee ranks 14th out of 50 states in terms of pharmacist salary.

As at the year 2020, Tennessee was projected to have approximately 145 pharmacists per 100,000 population.

This increase of pharmacists reflects the growing demand for primary care services in the state and is expected to help Tennessee jobs outlook in 2022.

How to increase your Pay as a Pharmacist in Tennessee

As a pharmacist in Tennessee, you have options on how to maximize your pay. You could:

  1. Earn your MBA (if you are at the post-PharmD level)

You can improve your career opportunities as a pharmacist in Tennessee by earning your MBA.

This is because an MBA will help you gain experience in new areas and stay current with the latest advancements in your field.

2. Update your certifications

Certifications are credentials that show your professional expertise in a certain field.

It might be your pharmacist certification or any other certification: licensing, continuing education, etc.

Although you can take the courses in your own time and at no cost, it is always better if you take the classes alongside someone with similar knowledge who will give you the extra help that you need to pass those tests.

3. Write a book or create an online course

Due to the evolving nature of the pharmaceutical industry, pharmacists are always learning something new.

Your experiences in pharmacy are worth sharing. If you have learned a new way to use a certain drug or discovered some aspect of pharmacy that could help other pharmacists, why not put it in a book or online course?

4. Start a blog

You can also have your own blog and be paid if your content is good enough. If you are an expert on the subject, people will pay you to get advice from you.

More Career Opportunities for Pharmacists in Tennessee

Want to learn more ways to increase your career possibilities as a pharmacist in Tennessee? Check out these suggestions:

  1. Join the Pharmaceutical Careers Association of Tennessee.
  2. Attend events and conferences. There are a number of local conferences that you might be interested in taking part in.
  3. Volunteer at your local pharmacy or with a pharmaceutical company.
  4. Join your local chapters of any professional organization as pharmacist or nurse practitioner.
  5. Become a certified pharmacist in your state and teach others the skills that you have learned over the years. By teaching others, your name will get passed around and your career prospects will improve.

Conclusion

Pharmacists are the leader of the healthcare team in providing and creating clinical services, education, and support to patients and other health care professionals.

Their qualifications include a Doctor of Pharmacy degree and a license.

With all the responsibilities that are expected of them as pharmacists, their salaries are justifiable.

Many employers in Tennessee offer their pharmacists additional vacation time, healthcare coverage, etc.

Information sources: bls.gov, payscale.com, glassdoor.com, beckershospitalreview.com, pharmapproach.com, salary.com, indeed.com, pharmacytechnicianguide.com.