Is making 110-120k (or more) possible for a starting pharmacist?
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you can make that straight 40hrs.......
10 hours of overtime per week? Not likely. On the other hand, where are you pulling 90k from? Average salary is much hirer than that.
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You can make that much, but only in Alaska above the Arctic Circle.
if you're pre-pharm, by the time you graduate, the answer is no. there are easier ways to make $110k/yr than by going $150k in debt and experiencing 4+ years of lost income.
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deleted205891
BTW the other day I overheard some guy (probably a P1) in the gym talking about how he can just breeze through school with a 2.5 GPA and get paid big bucks, and how he could get $1 million in 3 years in Alaska. I thought people knew better already...
pre pharm here is 2 years and having any more than that = zero advantage. The faculty emphacizes this... and its proven cause majority of the faculty is 1st/2nd years (used to be only 1 year pre reqs) and not those with a bachelors...
Also, ontario = 55-60k total tuition + fees (but I think its being raised with the new program and 75k is more realistic after 4 years pharm).
But given my funding... I wont owe more than 50k (at most).
Oh, Canada...US mathematics does not apply north of the 49th parallel
Hmm... Enlighten me.
OMG that is soo low for retail, i never knew it could ever get that low. I know 90k is more than enough if you are working in a hospital. Which state is it that your in that is offering you such low pay?
My starting salary was ~123k for retail in FL. Definitely possible.
California too.
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Why don't you ask canadian pharmacists then, eh?
Hmm... Enlighten me.
Getting a BS/BA in a technical field +/- another certification can net you $60-$70k/yr ($50k starting)...I have a few friends in the lab sciences and engineering making this much. For them to a) go $150k in debt b) forgo ~$250k in salary/bene's to c) get a ~$30-40k salary bump will take them d) at least 10 years to earn it back, that's if they can e) even find a damn job upon graduation.
But anyway, for your average pre-pharm...there needs to be significant interest in the field. Though unlikely to get to this level, if you can say you'd still want to be a pharmacist even if you got paid $75k/yr & had to fight for a good job, then proceed. Otherwise, those googly-eyed prepharms blinded by low six-figure salaries should know the external factors building that will augment these offers.
Yes, there will be six-figure salaries in 2015 when you graduate, but a) they will not be in choice areas (ie coasts, northeast, etc...) b) # of applicants to positions will rise dramatically (see: residency slots to applicant ratios 2004-2010), c) workload will rise/hiring budgets will be slashed (lower reimbursements, entering the "age of austerity" as medi/medi becomes 50% of insurance payments).
What I'm really saying is, any advice/stories you hear pre-2011 will no longer be valid by the time you graduate. Huge signing bonuses in 2004 and jobs falling out of the sky were virtually non-existent in 2010 when those who liked what they saw began the trek from pre-pharm to RPh licensure. People had multiple offers in 2004 w/ retail chains, those same graduates in 2010 had to commit or be released even before their 4th year started. Things change...and fast.
My friend is a canadian. The pharm education over here would sure help him outcompete the other grads in the old country. Spending a large junk of money for some sucky school but will still get called a pharmacist at the end. That's all it matters.
I'm pretty sure for dudes making around 100k, tax is fairly close across both orders 🙂haha no, tuition can be paid off....marginal tax rates are fo' life
What about the massively increasing number of old people? Baby boomers starting to retire... and get older and older = much higher need for drugs.
you know i heard that the cost of treatment for CV problems is gonna go from 200 bilion this year to 800 billion in 2030 .. basically to say, the health of this nation is most definitely gonna hit the fan in the coming years. will people need more drugs? MASSIVE yes. more pharmacists? who knows?
Well who else is gonna manage the drugs? One thing to get your 10 day antibiotic from a machine... another thing to take a long term medication.
efficiency has been taking up the slack. the push by PBM's to mail order or other cost-cutting measures means increases in utilization don't translate into increased need.
and at some point, the baby boomer population will peak and decline.
Look up income tax rates
eh not worth my time, but canadian tax rates are higher, common knowledge
If you did your research you'd find it's a small difference.
Are you aware it would cost me a grand total of 50-55k to become a pharmacist here?
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i don't really care what's going on in other countries i'm not moving to, but you can do so as well down in the US by going to a state school w/ in-state tuition.
