Pharmacy 2020 graduate salary ?
Started by heisenberg20
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$0 (unemployed), $20-25 (permanent grad intern) or $30 (licensed "full time" pharmacist).
I would also add that 95% of new grads are unemployed.
heisenberg20
Full Member
Because I got offered today for grad intern 27.50. That's like 54.90 as a pharmacist. Am thinking of not accepting the offer.
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Your next offer might be even lower than $55. It's the new normal.
Farmgurl20
Full Member
Which company is offering grad. Intern spot now? At this point either you are licensed or you are let go.
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you could be making $36 an hour as a PIC in Los Angeles lol
heisenberg20
Full Member
Its Wags in CA
heisenberg20
Full Member
Wags
heisenberg20
Full Member
Should I atleast ask them if they can raise the pay before I decline ?
I walked into an independent pharmacy, I noticed they had 2 pharmacist there. The pic said the second pharmacist had graduated in 2019 but couldn't find a job so she was "volunteering" while trying to find a job so she could put experience on her resume. Poor child working for free, welcome to 2020.
You can ask to get experience in negotiating. Walgreens is a shameful company and if you read some of the posts here, has been backing out of their original offers to low-ball even more.
It is a decent offer for anywhere outside of CA. I would think any bump would not be worth my time but they Wags salaries have been frozen for 4-5 years, so this salary would be same next 10 years if you stay with them
It is a decent offer for anywhere outside of CA. I would think any bump would not be worth my time but they Wags salaries have been frozen for 4-5 years, so this salary would be same next 10 years if you stay with them
That's actually pretty high today. People have reported $45-50/hr. You will have a hard time getting a higher offer. You can try negotiating but the chains will probably tell you to pound sand. There's literally thousands of applicants willing to accept what they offer if you don't.
Wtf is that even legal to work for free? What if there's a med event for something she verified? She's not even an employee.
It's still in the $52-55/hr area in Philly. Which is still more than $10 an hour more than the $41/hr I made in 2008...which is still $49.50/hr in 2020 money.
tommytran
New Member
Walgreen offers the lowest pay rate for pharmacist among the chain. $55 for pharmacist in CA is low. Cvs, rite aid, walmart,etc will pay more (probably around $60). If you have another offer, deny the Wag offer. Otherwise, stick to whatever Wag pays for you. No negotiation can be made especially you are new grad. Better than unemployment.
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If you have no other job offer, you have no leverage to negotiate. Take the job and look around for something better after you get fully licensed. I do advise to keep looking though....I have friends in Cali with wags reporting they've been letting go a lot of their grad interns once licensed and/or telling them they can stay on at intern rate until the end of the year. Wags seems to have officially replaced CVS as the worst overall big chain to work for.
so what is your plan? and this goes out to all the new grads who are unemployed !??!!?!?!!
Sounds like a good business idea. For $500, I let you put it in your resume you work here.
I had a part-time tech claim partial unemployment (in CA) because of reduced hours.
Don't know if was B.S. though
DinaraI
New Member
At this point can only assume that new grads will be unemployed because there is no need for pharmacists at the rate they are being "produced". My guess is that 3000-5000 pharmacists graduating each year will be sufficient enough to cover the country, and don't forget about foreign graduate pharmacists getting their licenses as well. In a couple of years the pharmacist's salary will drop everywhere (we see now $30-40), so people (including moms and dads who make their children to pursue pharmacist's career) will finally realize that it is no longer the career to pursue. I expect some lawsuits against pharmacy schools, similar to the situation with lawyers in the beginning of 2000s, since new grads would not be able to pay their student loans to make ends meet, or some loan forgiveness might take place. The government will soon figure out that lending money for pharmacy school is a substantial loss in the state/federal budget, so they will stop financing such venues. Ultimately, this all will lead to a decrease the number of graduating pharmacists, however it is a long process which could take years and years. Until the supply/demand balances out, we will not be able to find a job. That's just a given.
My plan is to work as a tech, I have a tech license in my state, waiting for the luck, meeting right people, whatever it takes. In the meantime, giving piano lessons to pay the bills. It's not the end of the world after all. The only problem, I cannot warn future students about this trap, there all believe deans and parents.
Something will come up.Patience.
I just can not fathom how students with their parents facing such an important decision can not research the field they wish to go into. I can understand before the computer era but certainly not now.These people are not stupid.
there were a lot of warnings 4 years ago too... what made you go in to it still?
Farmgurl20
Full Member
Why don’t you find non pharmacy healthcare job ? Like insurace company, sales rep in pharma etc. Being a tech is like minimum wage job, don’t you have loans to pay?
Is your avatar your real photo? If so then you are very attractive. As someone mentioned above, you could be a drug sales rep and make way more than a tech.
Down boy, down!
Zero. Unemployed.
MSL makes 150k average + 25k bonus and it's an easy WFH job mostly. A step up from there is 200k for MSL manager/director. It's a unicorn job for pharmacy.
Did you not see she is subtly flashing a big fat engagement ring? 🤣
Just being honest. I'm already married. We all know attractive people make more.
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Farmgurl20
Full Member
What’s MSL?
Medical science liaison.
Farmgurl20
Full Member
I looked up those jobs. I don’t think new grad would be eligible as they require minimum of 5 years experience in field. Fastest way to get in would be by fellowship, I guess.
Paid internship....only the internee pays for the privilege.
That is a good offer in almost any area of the country. You would be crazy not to take it. I know its not great compared to the glory days of pharmacy, but those days are long gone.
That's basically what pharmacy school is.
The UAMS salary survey was published a few days ago. My key takeaways - only about half of the students accepted jobs, and half of those were residencies. Hourly pay has reduced year over year, and no one is working 40 hours weeks except two people who landed nuclear positions. Almost everyone has student loans and the average value was $178k (with the highest clocking in at $370k). This is in a rural, non-saturated state.
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Where are you getting those numbers from? The numbers I'm looking at are much worse:
30/112 (27%) of graduates found a job if you take out the residency-bound grads. Of those who got jobs, the average number of hours for hospital/retail positions ranged from 32-38 (i.e. you don't get 40 hours anymore unless you work nontraditional, and hospital is not "non-traditional"), with the average loan burden at $151k.
This should scare the heck out of any prepharms and current pharmacy students because a 27% employment rate in BFE means this is the BEST case scenario for what the 2020 new grad job market looks like. If you live on the coasts then you are definitely at a <<<<27% employment rate, and this illusion of "you can find a job so long as you are willing to move, especially to BFE" is just flat out incorrect. You think you'll get an ez job as an outsider when the local grads are only 27% employed? Ha.
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Do you have multiple offers on the table from other employers? You're getting offered $54.90 as a new grad in this current market. Unless you have other offers set in stone for you from other employers, why on earth would you decline this offer?
You have major balls to negotiate a pay raise even before accepting a grad-intern spot then have the audacity to decline in this current market. Unless you live in the middle of nowhere in space, 3 galaxies away, you can easily be replaced by someone else who will take that offer in a heartbeat.
It would also help if you told us where you are planning to work
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My numbers come from the report in the ARRx, which includes information from Harding as well.
Yeah- whatever you do don't rain on anyone's parade and try and tell the snowflakes any details about reality. That will earn you a ban for sure. This board's motto should be "Ignorance is Bliss"...
$44.66 / hr * 34/hrs week * 52.14 weeks/year = $79,171/year
Median US house price in 2000 = $167,000
Median US house price in 2019 = $320,000
Average student loan debt for pharmacy students in 2020 = $179,000
It seems like we're at the point where in certain parts of the country pharmacy is barely providing a middle class lifestyle. I also have to laugh at the prepharm students saying they are going to take our jobs. Will you really have the same job as me when you're making $15-20/hr less and I wouldn't do the job for that wage?
Median US house price in 2000 = $167,000
Median US house price in 2019 = $320,000
Average student loan debt for pharmacy students in 2020 = $179,000
It seems like we're at the point where in certain parts of the country pharmacy is barely providing a middle class lifestyle. I also have to laugh at the prepharm students saying they are going to take our jobs. Will you really have the same job as me when you're making $15-20/hr less and I wouldn't do the job for that wage?
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heisenberg20
Full Member
Well I asked for a higher pay and they said no so I just accepted the offer. This is in SoCal retail
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There are 3 types of jobs:
1) "Good" jobs that new grads and already-practicing pharmacists won't get (i.e. management/unicorn jobs)
2) "Regular" jobs that already-practicing pharmacists are trying to cling on to due to saturation and lack of mobility in the job market (i.e. "clinical pharmacist" jobs)
3) "Entry-level" jobs which new grads can get - the "I'm a new grad with no residency, what do I qualify for?" jobs. (i.e. retail, LTC, etc.)
There obviously is no way for a new grad to get a tier 1 job right away, but slightly possible to get a tier 2 job if they have the right connections etc. It's also a common misunderstanding of what tier your job is in - for example if you worked as a PIC in retail for 20 years you may be "experienced," but your job itself is still a tier 3 job so you are expendable for a new grad. So to your question - yes, a new grad can possibly displace pharmacists from tier 2 or tier 3 jobs because their "value" to a company is that they will work a lot harder for a lot less pay. So unless you have a unicorn job, the vast majority of pharmacists should be scared that it's just a matter of time before new grads will replace them.
Of course they can and will displace a lot of us old timers, but it's not the same job when you're a new grad making $44/hr and the previous pharmacist made $62/hr. A job feels a lot different when you're getting ahead financially and not stuck. Pharmacy used to pay enough for you to not be stuck doing it for 30 years. You could sock away enough to retire easily at 55 or even lower if you really wanted to. That's gone for anyone graduating these days and it's no longer a viable career in the sense that you can expect to do it for 30-40 years and retire.
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That's absurdly low for nuclear, I don't think they are BCNP. The mass-market pharmacy is extremely depressing.
Strangely, Little Rock and Texarkana pays $109k ($53 as the profession diff is not figured in) at the low end to civil service (GS-12/1 is the minimum appointment, all lower grades are historical or contract) and $60 at midrange (12/5).
54.90 as a new grad in a rural area. 58.75 as PIC. I'm trying to figure out where all these unemployed grads are, we need so much help at our pharmacy.
lol idk how rural you are but $54 in middle of no where sucks
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