Layer 1

'I feel sick at the workload' – life as a pharmacy contractor in 2018

'I feel sick at the workload' – life as a pharmacy contractor in 2018

The C+D Salary Survey 2018 – which ran throughout October – has revealed that 83% of contractors in England experienced a decrease in their personal income over the previous 12 months. The survey also revealed the average income decrease was 15%.

“Catastrophic” effect on profit

Contractors identify the funding cuts as the biggest threat to their businesses, with one pharmacy owner describing the effect as “catastrophic” on their profits, cashflow and income.

“I had to put in £100,000 of my own money to survive,” one contractor says, while another says “dispensing is down about 20%”, and “the value of the business [has] dropped by about £200,000”.

One contractor reports their net profit is down by 40%, while another says their “gross profit reduced by 8% [and]

Want to read more ?

Login or Subscribe to Update Plus to continue reading our CPD content.

Job of the week

Pharmacy Manager - Bridlington
Bridlington
Competitive plus benefits (GPhC fees incl)