Wages in the pharmacy are trending upward. According to the 2019NCPA Digest, the average pharmacy technician made $15.56 an hour in 2018, while a clerk on the front end made $11.37 an hour.
These averages are a good place to start if you’re not sure what you should be paying your pharmacy technicians and front-end retail employees, but there are other things you should take into consideration.
Your pharmacy’s location plays a big part in what you should pay to stay appealing to workers. In urban areas with a high cost of living, you’ll probably have to offer higher hourly rates than a rural pharmacy with lower living costs. In some places, the minimum wage is as high as $14 an hour, so you’ll have to adjust accordingly to those laws as well.
Although offering pay along the average will make you competitive and help keep overhead costs down, it pays your business in the end to give your employees more.
Learn how generous employee compensation can lead to more productivity and profit for your pharmacy.