Pharmacists’ earnings determination: are part-time practitioners homogeneous in their response?

Research output: Contribution to journalArticlepeer-review

Abstract

Background: Evidence suggests that part-time pharmacists possess different characteristics from those exhibited by full-time pharmacists. Practitioners working fewer hours per week are driven almost exclusively by pay, whereas full-time practitioners show a more comprehensive approach to their work experience. Objective: Compare wage-and-salary responses to the number of hours worked, human-capital stock, job-related preferences and job-opinion variables across three employment-status groups: full-time and two kinds of part-time pharmacists. Methods: The study was based on self-reported survey data collected from a random sample of licensed pharmacists practicing throughout the USA. The analysis sample consisted of 411 full-time pharmacists, 119 part-time pharmacists working an average of 30–39 h per week and 78 part-time pharmacists working an average of <30 h per week. Using ordinary least squares, the model estimated, separately for each employment-status group, annual wage-and-salary earnings as a function of ten explanatory variables. Key findings: Responses to earnings determinants varied not only between full-time and part-time pharmacists but also across part-time practitioners. The responsiveness of wages and salaries to an additional hour of work per week drops as pharmacists work more hours. Full-time and both types of part-time practitioners differ in the way they transform human-capital stock, job-related preferences and job-opinion variables into wages and salaries. Conclusion: The empirical evidence reported here is expected to be used by healthcare managers and policymakers to facilitate communication, promote teamwork within pharmacy and foster better relations with other healthcare professionals.
Original languageEnglish
Pages (from-to)13-21
Number of pages9
JournalJournal of Pharmaceutical Health Services Research
Volume8
Issue number1
DOIs
StatePublished - Mar 1 2017

Bibliographical note

Publisher Copyright:
© 2017 Royal Pharmaceutical Society

Funding

This research received no specific grant from any funding agency in the public, commercial or not-for-profit sectors

ASJC Scopus Subject Areas

  • Pharmacy
  • Economics, Econometrics and Finance (miscellaneous)
  • Pharmacology, Toxicology and Pharmaceutics (miscellaneous)

Keywords

  • human capital
  • job-related preferences
  • labour input
  • part-time employment
  • pharmacist workforce

Disciplines

  • Pharmacy and Pharmaceutical Sciences
  • Economics
  • Pharmacology, Toxicology and Environmental Health

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