BanBidil

10+ Year Member
Nov 26, 2006
188
5
Status
Pharmacist
Hi al, long time Lurker - I'm not a troll. Recent trend in So Cal has been wages dropping BELOW $50 an hour, especially with PBM. Think about that the next time your deductible, Co-pay and out of pocket maximum goes up. I am sad to say this is just the beginning with more classes coming out in a few years. Contract jobs are popping up left and right as employers seek to minimize operating expenses and benefits. 401K Vesting periods and insurance premiums are only increasing. I would caution anyone considering Pharmacy school to go somewhere you can live at home and pay the least tuition.

PBMs are going overseas for Pharmacists even now when there is a glut to save on costs and answer to share holders:

https://careers.unitedhealthgroup.com/data/jobs/pharmacy/597871-registered-pharmacist

see for yourself.
 
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BMBiology

temporarily banned~!
15+ Year Member
Feb 26, 2003
7,690
2,741
See? Even the PBMs are struggling. They can't even pay their employees a living wage!
 

PharFromNormal

5+ Year Member
Dec 27, 2013
480
238
Status
Pharmacist
See? Even the PBMs are struggling. They can't even pay their employees a living wage!
No! The PBMs aren't struggling they just want to continue to destroy the profession by lowering everyone's wages and shipping jobs overseas. We should eliminate PBMs and all the pharmacist jobs they have!
 

wagrxm2000

A different perspective
5+ Year Member
Sep 17, 2014
3,438
1,973
The sky is falling, the sky is falling.

Nothing to see here just the same thing as always.
 
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farmadiazepine

7+ Year Member
Jul 10, 2011
1,045
577
Status
Pharmacist
PBMs are part of what make the pharmacy profession more and more of a joke. Record profits year after year. No benefit to the provider or insured. The model in America has to change.
 
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genesis09

Senior Member
10+ Year Member
Feb 27, 2006
2,213
180
Status
Pharmacist
Sigh, it is illegal for any pharmacy to use a dispensing pharmacist which isn't licensed in the state where the pharmacy is located. This is a job to audit claims.
 
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BanBidil

BanBidil

10+ Year Member
Nov 26, 2006
188
5
Status
Pharmacist
The sky isn't falling. I'm just giving people a heads up. Genesis they can become licensed in the US too. The best way to go about it would be to make a PBM that is a non profit somehow, where everything is reinvested..
 

Scotttyd

5+ Year Member
Jan 28, 2013
48
8
Status
Pharmacist
PBM's have historically always paid less than hospital and retail...the trade off has been consistent M-F banker's hours.

This will remain true especially with M&A activity at an all time high.

This isn't really news.
exactly I got offered a job at one for $43 an hour - that is less than I made my first year out of school 12 years ago. No thank you.
 

gwarm01

10+ Year Member
Oct 7, 2009
2,450
3,222
Status
Pharmacist
That's the going rate for new grads in hospitals around the Miami area.
 

Dred Pirate

5+ Year Member
Jan 18, 2014
2,420
1,899
Status
Pharmacist
While I know what vesting means, I don't know what a shift differential is either.
really? I guess I knew what that was when I was in school and got one - but ya - most retail RPh's don't have that in their work vocabulary