Wednesday, December 10, 2008

How much a pharmacy owner gets paid


A pharmacists salary in the UK is approxiamtely £33000 to £40000. Locum rates can range from £20 to £30 per hour, locums can earn excess of £50000 if they work full time. A pharmacy manager earns upto £38000 to £60000 depending on where they work. A preregistration trainee will earn from £16000 to £20000. So how much does a pharmacy owner get? A pharmacy owner will haev to pay the pharmacists and stll get enough for themselves.


Here are some rough calculations to show how they can afford it.


If you've read the drug tariff thoroughly you might know this information in more detail and with accurate figures, however I'll explain why pharmacists can earn so much, and how the pharmacy owner such as boots or independent pharmacy's can afford to pay high salary's? A pharmacist owner of the smallest pharmacy you can think of can earn over £60,000 easily.


Pharmacy's make most there money from generics, cause companies like sigma can sell the product at a price lower than the drug tariff (the drug tariff price is what the pharmacy gets paid for reimbursement of the item). The difference in price can range from a 90% discount to 0% discount. Some items pay off better than others....



2 comments:

Worth every penny said...

Pharmacy locums can earn considerably more that £50k per year. We have locums earning £70k plus.
PL-UK for all the best pharmacy jobs

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