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- Jul 21, 2014
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Why did you lower it by 5k?
gross margins down 2%.. For indies AND chains due mostly to aggressive PBM MAC pricing and backend DIR fees in medicare D
Why did you lower it by 5k?
This. If there is a wags or cvs in his neighborhood , they'd be offering total comp of decently over 200k .. yeah you gotta work weekends .. but it's likely almost double the money .
My health insurance and retirement alone are worth 30k/year .. not even looking at profit sharing, bonuses, other insurance benefits , stock options, and vacation (beyond 2 weeks)
Head hunters charge between $10-20k for placing a pharmacist. And no it's not a contract position... They'd be a Direct employee.
For a pharmacist as "worldly" as you, your lack of value for having the opportunity to work "bankers -type" hours is quite telling. You likely don't have a family ( or much of a personal life)
30-40% of ones salary? The average RPH makes $120k per year. Benefits paid for BY THE EMPLOYER hardly reach that amount.
I could go on but you're merely a waste of time.
So defensive! You're right I wouldn't be a good fit for your position. Don't prefer to work for bosses that have hair triggers and flip out.
Benefits add 45k on top of my base salary of 130k. So the 30-40k figure is accurate at least for me.
Also 9-6 are not bankers hours. I would hate working until 6 every day. I'd rather have some nights and get out at 3 or 4 some days like I do now. Don't mind every third weekend either as it means I'm getting some weekdays off.
And I still say the salary offer is low, especially given the 45 hr/week schedule.
I think it's telling that you're having to advertise on an Internet forum for this once in a lifetime opportunity to work for you.
Head hunters charge between $10-20k for placing a pharmacist. And no it's not a contract position... They'd be a Direct employee.
For a pharmacist as "worldly" as you, your lack of value for having the opportunity to work "bankers -type" hours is quite telling. You likely don't have a family ( or much of a personal life)
30-40% of ones salary? The average RPH makes $120k per year. Benefits paid for BY THE EMPLOYER hardly reach that amount.
I could go on but you're merely a waste of time.
I think I have hurt your feelings LOL
I already have a better schedule than most pharmacists so I have to decline your "once in a life time opportunity" to work for your small pharmacy in the middle of nowhere.
This. If there is a wags or cvs in his neighborhood , they'd be offering total comp of decently over 200k .. yeah you gotta work weekends .. but it's likely almost double the money .
My health insurance and retirement alone are worth 30k/year .. not even looking at profit sharing, bonuses, other insurance benefits , stock options, and vacation (beyond 2 weeks)
That's a TON of Vacation/ sick leave/ personal days=
Better schedule than M-F 9am-6pm? I did once as well...I had 7am-3pm WHILE WORKING FROM HOME. But that job went the way of the dodo due to PBM consolidation.
For Pharmacists with Retail experience, this job opportunity is tantamount to finding a needle in a haystack.
The truth is many Pharmacists would prefer to simply complain about their lack of staffing at their store, their overwhelming corporate metrics and their crappy work schedules than to do something about it. It's a plague that afflicts our profession and it's why we are being marginalized to the extent that we are.
Speaking of...you strike me as the type who is full of opinions but falls WAY short when it comes to taking action.
You strike me as someone who is bitter and who needs to have the last word. I am sure you don't have many friends.
m-f 9-6 is not at all appealing to me. You keep touting it like its Gods gift to scheduling. Getting home at 630-7 every weekday? Not remotely interested. The day is gone at that point.
And if the position is so hard to fill because of the location....that's a reason to increase the salary. Not give a lowball offer. Chains are offering significantly more than that to work in that area.
As for benefits I didn't pull that number out of thin air. My company calculates and breaks it down in my compensation statement.
There are more benefits than health insurance and days off. But yeah, my 4 weeks vacation plus 1 week PTO does contribute quite a bit.
You di
You don't work in community pharmacy do you?
4 weeks vacation AND 1week of PTO?
You could bank 3 months of vacation per year; in community chain pharmacy you'd be lucky to be able to utilize even 10 days of it. What type of pharmacy are you EMPLOYED by?
This is wrong. It's 5-6% of your salary, or about $7,500.B)401K match? Retail average is about 5% of $18,000 ($900 DOLLARS)
You work for CVS.. The absolute worst chain pharmacy in terms of it employing a professional work environment and you're not at all swayed by M-F 9am-6pm with Every WEEKEND OFF?I rather enjoy illuminating and correcting the falsehoods that are spread and projected on the INTERNETZ, particularly when it comes to my profession. 99% of you are not pharmacy owners and truly have no idea about the BUSINESS aspect of Pharmacy. You in particular are a perfect example of the old saying " A little bit of knowledge is a dangerous thing."
While we can agree that the number of pharmacy schools graduates combined with shrinking reimbursements will ultimately result in stagnation of Pharmacist salaries and joblessness, you and I differ on pretty much everything else in regards to the profession of Pharmacy. Your reluctance to admit on how great of an opportunity working M-F 9am-6pm in an independent setting where customer service is paramount, with more than adequate staffing and little to no micro-management occurs shows a complete disconnect from those who actually PRACTICE Pharmacy.
You work for CVS.. The absolute worst chain pharmacy in terms of it employing a professional work environment and you're not at all swayed by M-F 9am-6pm with Every WEEKEND OFF?
Further you get 4 weeks of vacation and 1 week of PTO BUT WE ALL KNOW you will NEVER, EVER get to utilize more than 10 days of vacation PER CALENDAR YEAR.
Cvs lies about a lot of things " we care" etc; it's plainly obvious that they're lying to you about your benefits as well. $45k in benefits? Ha!
I feel dirty for even having engaged you in this thread. You'll have your come-to-Jesus moment when in 2 years they replace you with a $40/hr new grad..
I work in a chain community pharmacy and I have no issues using every last hour of my paid time off and vacation.
^ Did you just quote yourself? How old are you? You become petty when someone doesn't believe the crap you are saying. 50s? 60s? It is time to put down that Vicodin bottle and call it a day.
I get out of the office before 5, like most of my coworkers. I also make more than most pharmacists. Hard to believe huh?
You need to have the last word so go ahead and knock yourself out.
Same , in my first year, I have already taken PTO worth $8000 .. Yeah I don't get all consecutive days but its still worth money .
I am also curious if this indie pays double on holidays ? my double time this year has been worth about $4000 .
And also in agreement with the poster above me .. 401k match is ~$8000 .. now I would understand if bf7 can't make a 401k being an indie but I would hope to see at least that much pay instead, or some other type of cash benefit.
Total comp value for a "good" pharmacist at a chain in a hard to staff area is undeniably >200k ..
This is wrong. It's 5-6% of your salary, or about $7,500.
Stock options/RSU/ESPP/bonus can be a lot, especially for a PIC. Easily tens of thousands of dollars.
I think some people are including the employer paid half of Social Security ($7,347) and Medicare ($1,800) in their total compensation, but this would also be included at an independent pharmacy as an employee, so there's no difference.
You've yet to provide to the board the arena in which you practice Pharmacy....If I were a betting man I'd say that you don't even actually practice Pharmacy. Academia? Big Pharma?
I don't want you to go into a jealous rage.
9-6 m-f? Yeah, no thanks. No holidays either? No thanks.
Hope you find a sucker soon.
If my location was in the DFW, Houston or Austin regions I'd have 50 applicants within a week. It's in rural (30 mins outside the Odessa midland metroplex) West Texas. But yes, you're correct--M-F 9am-6pm are "bankers hours" in retail pharmacy nowadays...Are applicants really in a market to be commanding their own schedule and salaries? I mean M-F/9-6 isn't terrible in the first place. I am sure there will be a hoard of applications in that office, especially those from the Class of '16 and beyond.
9 to 6 does this include an hour lunch? So basically whoever takes this would miss every event with their kids.
9 to 6 does this include an hour lunch? So basically whoever takes this would miss every event with their kids.
My kids track and tennis matches start around 5...if it's home I would catch the end and if its away I couldn't even go assuming half hour drive to school. This is middle school not elementary though.What the hell are you talking about? Maybe I went to a weird school in a weird area of the country but my little league baseball games were at 7. My high school band concerts were at 7:30. My elementary school plays were at 7.
This was my point but I got shouted down for it. Bankers hours lol. I get out at 4 pm 4 out of 5 days. I'm all set with the 9-6 thanks.