Hospital medical pharmacist salaries depend on location, experience, and proficiency. As a beginner, you can expect around $112,000 per annum. As the skill sets grow and expertise is nurtured, you can expect to earn up to $126,750 annually.

Medical pharmacy benefits

• Comprehensive medical, dental, and vision insurance plans.
• Contributions to 401(k) or other pension plans, often with employer matching.
• Opportunities for continuing education and attending conferences.
• Compensation and appraisals are based on meeting specific performance criteria.
• Basic life insurance and disability protection.

The medical pharmacy industry has many untapped opportunities. 

Specialization

You can specialize in fields such as oncology, pediatrics, or infectious diseases. This often requires certifications, but it is such specialized pharmacists who are usually the high-paid ones.

Management Roles

With experience and skills, you can advance to management positions. This usually involves managing teams, foreseeing budgets, and more.

Academic and Research

Pharmacists with advanced degrees (Ph.D.) often pursue research or academic positions in universities.

Consultancy and Advisory

Senior pharmacists often provide consultancy as their main service. They usually do this to healthcare and pharma companies to improve their management and safety protocols.

Professional Development

Workshops, seminars, and further education can help you keep up with current practices. Eventually, you can also conduct these events for others in the field.