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Just curious to know the approximate salary of pharmacy manager at CVS/Walgreens?Rite Aid. I am applying for manager position soon..🙂
Do managers make significantly more than staff pharmacists?
In Dallas-Ft Worth they are making in the low $60's per hour to be PIC....in the Permian basin region of Texas (Midland-Odessa) they are making in the high mid $60's per hour....
RXM generally makes about $10-$12k more per yearDFW PICs that I know are making $67-68.
If you have a **** store, turn it around.
If you are staff at a bad store,you're ******. Pic at least you can try to control the work environment. On the other hand, I know one guy who took PIC at a top performing store. As a newbie. Sorry to tell him but there's only one direction that the store can go in his hands, (downward).
DFW PICs that I know are making $67-68.
Chug, chug, chug the Kool Aid.
Pick up one extra shift a month and you will make the same amount of money as the Pharmacy Manager. That 1 extra shift a month equals an additional 8k to 10k a year.
Or you can chug, chug, CHUG THE KOOL AID.
My base is 155k. My bonus was 10k vs staff of 5k. I also get more stock options which adds another 3-5k cash every two years.
At > 69$ an hour, I make 10 dollars more than my staff.
If I CHOOSE to pick up extra shifts which I do, I get paid more.
I do not have more job responsibilities because I know how to delegate. So all things being equal, who is drinking the cool aid?
I fail to see your logic....
In the past at CVS, the pharmacy manager role was not worth it. It was only 1-2 dollars more.
Now a days, it is generally at least 3-5 dollars more, stock options every year, and double the bonus. My bonus was 10k versus my staff at 5k...
What most people don't realize is that in the long term, it can pay off exponentially. For example, I know that I am making at least 10 dollars more than my staff.
The reason is that you get percentage increases off your old salary. Also, PICs, especially good ones get higher raises and have a higher "cap" than staff pharmacists.
For me, being pharmacy manager was worth it. I like to do my way. I like to have results that speak for myself. I know that if I interview at another job, I have a lot of "stories" to tell, and results to show.
How do CVS and Walgreens handle paying PICs for the extra time it takes to do management duties? At Walmart they don't pay you for that, so becoming PIC actually amounts to a pay cut when you consider pay divided by hours worked, at least at my store where there's no time during regular working hours to do anything but dispense. Does any other company expect this out of their managers?
My base is 155k. My bonus was 10k vs staff of 5k. I also get more stock options which adds another 3-5k cash every two years.
At > 69$ an hour, I make 10 dollars more than my staff.
If I CHOOSE to pick up extra shifts which I do, I get paid more.
I do not have more job responsibilities because I know how to delegate. So all things being equal, who is drinking the cool aid?
I fail to see your logic....
My base is 155k. My bonus was 10k vs staff of 5k. I also get more stock options which adds another 3-5k cash every two years.
At > 69$ an hour, I make 10 dollars more than my staff.
If I CHOOSE to pick up extra shifts which I do, I get paid more.
I do not have more job responsibilities because I know how to delegate. So all things being equal, who is drinking the cool aid?
I fail to see your logic....
Precisely!You also have more liability. If your staff, floater or tech did something wrong, both of you may be fine. I know three PIC that were fine by the board for things they can't control either on break, lunch or was off. Chain used to pay for it but not anymore
You also have more liability. If your staff, floater or tech did something wrong, both of you may be fine. I know three PIC that were fine by the board for things they can't control either on break, lunch or was off. Chain used to pay for it but not anymore
My base is 155k. My bonus was 10k vs staff of 5k. I also get more stock options which adds another 3-5k cash every two years.
At > 69$ an hour, I make 10 dollars more than my staff.
If I CHOOSE to pick up extra shifts which I do, I get paid more.
I do not have more job responsibilities because I know how to delegate. So all things being equal, who is drinking the cool aid?
I fail to see your logic....
How do CVS and Walgreens handle paying PICs for the extra time it takes to do management duties? At Walmart they don't pay you for that, so becoming PIC actually amounts to a pay cut when you consider pay divided by hours worked, at least at my store where there's no time during regular working hours to do anything but dispense. Does any other company expect this out of their managers?
I know three PIC that were fine by the board for things they can't control either on break, lunch or was off.
The Techs who quit found out about it, called the Texas State Board of Pharmacy and the PIC was reprimanded and fined once the board inspectors came in and performed an audit on Tech intials.
This is what is happening right now at my store and I guarantee you that the stress the PIC is facing (and according to him, sleepless nights and marriage problems) are not worth the extra 3.50/hr he makes over me plus about 3.5k in bonus.
What are the details?
Was there bad blood? Why would the techs who quit find out and then report it to the board? That is just terrible.
OK, that is just crazy. At that point turn in your 2 week notice and look for something else.
Why would they report it to the board? Because they were promised a pay raise by Wags, waited patiently and that raise never came.
http://www.pharmacy.texas.gov/dbsearch/phy_zoom.asp?id=21399
No. Both the PIC and store got fined and written up. I simply linked to the store. The PIC quit that store.im not going to post his name on a public message board.So the penalty/fine was against the pharmacy, not the pharmacy manager? That seems reasonable to me.
No. Both the PIC and store got fined and written up. I simply linked to the store. The PIC quit that store.im not going to post his name on a public message board.
I won't speak for anyone else, but I don't give one extra second to the company. What I can't get done during my shift either my partner handles (I am very lucky to have a partner as good as mine) or it doesn't get done. CVS does not need me to martyr myself.
I was just doing an overnight where I took over for the PIC. She stayed almost an hour late looking over the P/L and doing misc stuff. It's none of my business, but you won't catch me doing that, ever.
I do see your point when the store is running smoothly and you are making targets with the employees being generally happy. It seems the problems come about when corp raises metrics to an unobtainable level (which they will do to limit bonus and yearly raise) and you have to respond by making your techs/staff work even harder. At some point, your techs have had enough and find hospital jobs that pay $2-4/hour more with 50% less stress so your three best people leave all at once. This is what is happening right now at my store and I guarantee you that the stress the PIC is facing (and according to him, sleepless nights and marriage problems) are not worth the extra 3.50/hr he makes over me plus about 3.5k in bonus.
I am a little curious about the increased stock options though, I get $1000 every other year and perhaps a PIC gets 2k? I suppose all totaled my, PIC makes about 11k/year more than I do, assuming a decent bonus, but he has also been with the company for 30+ years compared to my 14.
You also have more liability. If your staff, floater or tech did something wrong, both of you may be fine. I know three PIC that were fine by the board for things they can't control either on break, lunch or was off. Chain used to pay for it but not anymore
With Rite Aid the pay increase from staff to PIC is roughly 5-6$/hr
Yeah that had been my impression of what some of my managers think but I was curious how true it is.
It never made sense to me why the pharmacy manager has to do all the paperwork, and the staff pharmacist always "leaves on time"....
Exactly....
I do not stay late to do paperwork. I do it on my time while I am at work. I know of pharmacy managers that stay late to do their paperwork and clean up the stores. I can see why...., but a huge part of that has to do with planning properly and delegating work to techs/rph. It never made sense to me why the pharmacy manager has to do all the paperwork, and the staff pharmacist always "leaves on time"....
In NYC, it is 9-10 dollars more because the PIC is non "unionized"...
Precisely!
There was a PIC of an Odessa TX Walgreens who literally had 3 Pharm Techs quit over the course of 2 days because WAGs had promised them raises and didn't follow through. Of course the management at WAGs failed to have registered (in Texas it's required) replacements to cover these 120 man hours and Wags was falling behind. So the PIC at Wags, who was left with 1 licensed Tech, wound up allowing NON-registered employees(who were waiting to get their Tech in training certificates--it takes about 3-5 weeks) behind the counter to count. The Techs who quit found out about it, called the Texas State Board of Pharmacy and the PIC was reprimanded and fined once the board inspectors came in and performed an audit on Tech intials. He was powerless in this scenario and his only recourse would have been to quit. Unfortunately, he wound up doing just that about 6 months later......
Chug, chug, chug the Kool Aid.
Pick up one extra shift a month and you will make the same amount of money as the Pharmacy Manager. That 1 extra shift a month equals an additional 8k to 10k a year.
Or you can chug, chug, CHUG THE KOOL AID.
His ONLY option was quitting. ( which he wound up doing anyway). He absoluteky DID NOT have the option if paying his techs a higher wage; that comes from his DM and corporate. And if he would've done what you wrote: tell patients that it'll be a 6 hour wait he would've simply been fired with the rash of complaints he would have received. Being a PIC for a chain is in fact accepting additional risk for some processes that are out of the PICs control. Paying wages commensurate with keeping his techs happy was one if those things. He tried to be the good company man by trying to trudge through a time of transition and he paid for it literallyYour post was an example in response to someone who talked about the PIC getting in trouble for things beyond his control. But your example is an example of the PIC getting in trouble for things he COULD control. He should never have allowed illegal personal in the pharmacy....he should have called around to other stores to see if he could get some techs, tell customers its going to be a 6 hour wait for new RX's & 24hours for refills (or whatever it took) due to the short staffing, worked extra hours himself, just up & quit, etc. He would have been better off paying the techs who quit the extra dollar an hour a piece out of his own pocket, to get them to stay until suitable help could be licensed. Not saying any of these are enjoyable choices, but they are all clearly better choices then his choice to break the law, have his licensed blemished, and pay a $4,000 fine. He did not get in trouble with the board because of other people's actions, he got in trouble because of his own actions.
In NYC, it is 9-10 dollars more because the PIC is non "unionized"...
You are a *****. Being a PM isn't all about money. Everyone talks about this "extra work" when in reality, it's LESS WORK. As a PM, you are running the store. You are the boss. Whatever you say, as long as it isn't illegal or against policy goes. I make my staff rphs do all the work. I know how to do it, so I delegate it. I end up getting everything done properly, get paid more, and having less work done. More than one DM has told me to delegate all day so as to increase desirability of the PM position.
Plus, being the boss and not having to answer to anyone is a plus as well. Who's drinking the kool aid now?
It seems the people who blast chains and PIC positions are the ones who probably couldn't ever handle being one or just simply don't know how to lead. I know so many staff rphs that would **** their pants if they actually had to coach someone or delegate a task. More power to them. They can do all the paperwork while I oversee it.
But yeah, I'm drinking the "kool aid".
Precisely!
There was a PIC of an Odessa TX Walgreens who literally had 3 Pharm Techs quit over the course of 2 days because WAGs had promised them raises and didn't follow through. Of course the management at WAGs failed to have registered (in Texas it's required) replacements to cover these 120 man hours and Wags was falling behind. So the PIC at Wags, who was left with 1 licensed Tech, wound up allowing NON-registered employees(who were waiting to get their Tech in training certificates--it takes about 3-5 weeks) behind the counter to count. The Techs who quit found out about it, called the Texas State Board of Pharmacy and the PIC was reprimanded and fined once the board inspectors came in and performed an audit on Tech intials. He was powerless in this scenario and his only recourse would have been to quit. Unfortunately, he wound up doing just that about 6 months later......