Pharmacists are in high demand right now. The average pharmacist salary is $110K per year on average with over 100K jobs available each year. The demand for pharmacists is higher than ever because people are looking for a pharmacist who can prescribe medications safely and effectively, as well as offer other preventative healthcare advice.
Aspiring Pharmacists? We’ve got you covered with ways to make extra money, including some side hustles, bonus tips, and exciting career paths!
Did you know that pharmacists are in demand? No? Well, it’s true: the pharmacist profession is one of the most in-demand jobs in the country. In fact, it’s one of the most lucrative jobs in the country, as well. The annual median pay for pharmacy technicians is about $57,000 (roughly $17 per hour), and pharmacists can earn as much as $127 per hour, on average (although the national median is about $100 per hour).
17. Beginning of the podcast As a pharmacist, you can use your knowledge to create a podcast. Podcasts like The Burnout Doctor and Rx Radio, for example, are aimed at pharmacists and other healthcare professionals. But podcasts can cover a wide range of topics and combine personal and professional experiences.
18. Become a grant writer
Grant writing can be a lucrative side income because it requires specialized writing skills. Companies pay skilled and experienced health professionals to help them find grants. Be sure to explore opportunities to write scholarships that demonstrate your medical knowledge. Thanks to your training, proposals in the fields of pharmacy, health policy and medical research can be taken for granted.
19. Act as expert
Law firms use pharmacists as expert witnesses in criminal and civil cases. They provide expert testimony on drugs, toxicology, and quality of care during litigation. SEAK is an expert in the field of guides. They offer training and other resources to help you get started. Don’t hesitate to contact your family and lawyer friends to build a network. You can also contact the American Society for Pharmaceutical Law.
20. Create a resource blog
Once you’ve created a blog that offers resources for pharmacists or students, you can monetize it. Through affiliate marketing and advertising, your blog can generate passive income. You can then create other products and sell them through your blog. This makes training manuals, e-books and courses easy to promote and keeps the pharmaceutical content relevant. That’s exactly what Brandon Dyson, co-founder of tl;dr pharmacy, has done with his website, which offers blogs and pharmaceutical cheat sheets. Ms. Dyson created this tool while teaching and working as an oncology pharmacist.
21. Provision of resources and services for test preparation
Creating resources for exam preparation or offering personalized services to medical students can help generate additional revenue. Eric Chistianson, founder of the Med Ed 101 blog, has accomplished this by creating numerous exam preparation resources. His preparation materials can be used for pharmacist certification, the North American Pharmacist Licensing Examination (NAPLEX) and many others.
22. Become a virtual assistant in a health care practice or company
You can work for clients online by becoming a virtual assistant. Virtual assistants perform a variety of functions, including. B. social media management, scheduling, billing, course development and more. Plus, it doesn’t take long to get started. Start networking online and use LinkedIn or social media groups to find clients.
23. Establishment of a support group
Social media and other online platforms can be used to create support groups for demographic groups in the pharmacy community. Once you have a solid audience, you can monetize the group by selling specialized products and services. They can also collect membership fees. For example, Dr. Suzanne Soliman founded the Pharmacist Moms Group to advocate for women in pharmacy. Since then, the group has grown to over 35,000 members and offers a range of services and resources.
24. Seeking opportunities for proofreading
Proofreading is possible at any time and any place. Since you have written numerous academic papers, you would be an excellent candidate for reviewing academic papers and research proposals. Depending on your specialization and experience, you may be eligible for higher rates.
25. tutoring for pharmacy students
I’m sure the challenges of pharmacy school are still fresh in your mind. For example, you can become a tutor for pharmacy students in your area or reach a larger group of students via video conferencing. Companies like BrainMass, for example, offer online platforms for tutoring and a range of other learning opportunities.
26. Become a medical transcriptionist
Working in medical transcription is quite easy, as all you need is a laptop and the ability to write quickly. While the pay isn’t great – according to PayScale, the average wage is about $15 an hour – it can be an easy job once you get the hang of it.
27. Consider investing in real estate
Real estate can be a great way to build wealth over time. However, this requires time and additional financial investment. For example, Real Estate RPH’s founder, Nate Hedrick, climbed up the brokerage ladder as a full-time pharmacist. He also helps other pharmacists achieve their real estate goals and specializes in topics such as moving into a home through residency and buying a home for the first time.
Earn more money as a pharmacist
These are just a few examples of how you can earn extra income as a pharmacist. Especially in today’s hygiene economy, there are endless ways to supplement your finances as a pharmacist in your spare time. Whether you want to pay off your student loans or save for retirement, side jobs can help you earn more money, explore new interests and learn valuable skills. You’re a pharmacist and you want to make some money? Let us know how you’re making extra money so other pharmacists can benefit from your expertise. A plan for a student loan Refinance your student loan and receive a bonus in 2021.
Frequently Asked Questions
What can a pharmacist do to make more money?
Pharmacies are a very competitive industry, and with good reason. The health care industry is always looking for ways to bring in more revenue, and that means more customers and more revenue. Pharmacists are not known for making a lot of money. However, there are ways to increase your income as a pharmacist that will make you a lot of money. One of the best ways to make money as a pharmacist is to do what I do: work on side hustles. These are legal ways to make extra money that you can do from the comfort of your own home.
Can a pharmacist make 200k?
I was in the pharmacy business for over 7 years, and it was a fantastic experience. I was able to make money doing something that I enjoyed doing. However, I was very fortunate to be able to work with some of the most fantastic people that I have ever met. There were numerous ways to make money as a pharmacist, and I will be sharing them with you in this article. There are a lot of different ways you can make extra money.
What field of pharmacy makes the most money?
Being a pharmacist is a tough job, but it’s also one of the best jobs for someone who wants to make money. There’s hours of studying, meeting new people, and constantly writing prescriptions for complex medications. There’s also the fact that you can get paid to travel the world, and live in a nice city. But with all the perks that come with being a pharmacist, does the job pay well? Everyone wants to make money, but not everyone wants to be a pharmacist.
In fact, the pharmacist profession doesn’t always pay as well as you’d think. There are some fields that pay more than others. In this post, we’ll explore the pharmacist salary ranking and break down the numbers to see how much money pharmacists can make.