In 2018, Raven's Recruitment embarked on a mission: to create a comprehensive guide for pharmacy professionals seeking clarity in an ever-changing market. Six years later, we are proud to present the 7th edition of the Pharmacy Salary and Market Report for 2024. This report has become a valuable resource for both job seekers and employers across Australia and New Zealand, offering detailed insights into salary trends, market shifts, and the evolving demands of the pharmacy profession.
As the industry navigates through a complex landscape of regulatory changes and enhanced professional responsibilities, this report aims to provide pharmacists with the information they need to assess their worth and make informed career decisions.
Evolving Trends in Pharmacy: What You Need to Know
The past year has been particularly eventful for the pharmacy sector, with the Federal Government’s introduction of 60-day dispensing and the further expansion of pharmacists' professional scope. While these changes mark positive progress for patient care, they also present new challenges for the workforce.
Pharmacists are now required to go beyond the dispensary, providing clinical services such as immunisations and chronic disease management. This shift has led to a growing skills gap, as pharmacies are increasingly on the lookout for professionals equipped with specialised qualifications in areas like clinical pharmacy, patient counselling, and chronic disease management.
If you're a pharmacist looking to stay competitive in this shifting environment, investing in additional training could open doors to more robust employment opportunities. With employers prioritising skills in clinical services, those who can bridge the gap will find themselves in high demand. Our report offers insights into what qualifications and skills are most sought after, helping you to position yourself effectively in this changing job market.
Key Insights from Our Salary Survey
In this year’s report, we’ve gathered salary data for both locum and permanent roles across Australia and New Zealand. We provide a breakdown by region and role type, giving pharmacists a realistic understanding of what employers are currently offering.
For pharmacists seeking permanent positions, this data is invaluable in assessing the market value of their skills. Similarly, for locum pharmacists, it provides a clear picture of the variability in pay across different locations. Whether you're considering a move interstate or evaluating your next locum contract, the data in our report will give you the edge in salary negotiations.
The Impact of the 8th Community Pharmacy Agreement
Another pivotal development shaping the future of community pharmacy is the recent 8th Community Pharmacy Agreement (8CPA). This agreement not only provides financial stability for pharmacies but also sets the foundation for future growth. With expanded professional roles and funding security, community pharmacists are now better positioned than ever to thrive in their careers.
For employers, the 8CPA brings renewed confidence in hiring practices, knowing that the sector is supported by long-term financial frameworks. This stability is crucial for attracting and retaining skilled pharmacists, as well as ensuring that patients continue to receive high-quality care.
A Guide You Can Rely On
At Raven's Recruitment, we understand that navigating the pharmacy job market can be challenging, especially with so many changes occurring simultaneously. Our 2024 Pharmacy Salary and Market Report is designed to provide clarity, offering real, up-to-date information about what is happening in the industry right now. From salary movements to the future of pharmacy practice, our report is a trusted resource for professionals looking to make strategic decisions about their careers or hiring needs.
As the sector continues to evolve, it’s more important than ever to stay informed. Whether you're planning to negotiate your next job offer or considering adding new clinical skills to your repertoire, this report will be a valuable tool for understanding the opportunities ahead.
On behalf of the Raven's Recruitment team, we invite you to download your copy of the 2024 Pharmacy Salary and Market Report. Register today and get the insights you need to move forward with confidence.
Got questions? Feel free to reach out to our team for a confidential chat on 1800 429 829.