Chen, are pharmacist salaries going down?
In any kind of job market, salaries are based on the value you provide and the market supply/demand. Because the economy has led to a tighter pharmacist job market, it is a reality that 1) companies are experiencing budget cuts, 2) pharmacist layoffs lead to increased supply of pharmacists. I have been waiting to respond to this question because I wanted to observe for a longer period what the pharmacist job market is experiencing and give you my first-hand perspective. I have noticed that pharmacies may be less generous with relocation or sign-on bonuses, but I haven’t necessarily seen salaries decrease significantly. There are hospitals that aren’t paying for pharmacists to travel to interview, because they are on smaller budgets than before. Pharmacist salaries are stabilizing and don’t seem to be increasing as in previous years. Don’t expect that you have as much negotiating room for salaries as previous years, because the competition is tough out there and there may be someone equ
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