Can a pharmacist get rich
What does a pharmacist actually earn?
“Ask your doctor or pharmacist about risks and side effects” - the profession of pharmacist has changed significantly, and very few people still manufacture drugs themselves. But the pharmacists are still a trustworthy contact person, even before the doctor for many ailments. Does it pay off?
How much a pharmacist actually earns depends heavily on the industry and level of training. For the pharmacist, a degree is essential, but it makes a big difference whether you enter the world of work after the second state examination or enter industry and research, which usually requires a diploma or even a doctorate.
Pharmacy or hospital?
Anyone who works as a licensed pharmacist in a public pharmacy earns around 3,200 euros gross per month in the first year. After the fifth year the salary can rise to around 3,500 euros, and after ten years around 3,800 euros flow into the account.
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The situation is different with pharmacists who are employed in a hospital pharmacy, because they are not bound by the tariffs of the association. Here, the gross monthly income varies between 3,500 and 7,000 euros.
Those who set up their own business and open their own pharmacy usually have 3 to 5 percent of sales as gross earnings. According to “Markt.de”, a self-employed pharmacist, after deducting all taxes and insurance, has an average of between 2,500 and 4,000 euros a month.
The big money lies in the pharmaceutical industry
So if you want to earn really good money, you don't stop at the license to practice medicine and attach a diploma or, ideally, a doctorate to the second state examination. This gives a pharmacist the best chance of entering the pharmaceutical industry, where jobs are waiting in the medical and scientific field. Here you are no longer solely responsible for direct sales of drugs, but for research, development and approval of drugs.
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There salaries of 4,000 euros a month are not the wages for decades of work, but the minimum. As a manager, salaries of up to 15,000 euros gross per month are not uncommon.
Not every pharmacy employee has studied
Incidentally, not every pharmacy employee who hands you headache pills over the counter in a white coat has completed a degree. In many cases, the customer is not a pharmacist, but rather a pharmaceutical technical assistant (PTA). They have regular professional training and work under the supervision of a qualified pharmacist with an average gross income of 2,500 euros per month.
More articles from the series:
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What does a beekeeper actually earn?
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