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Pharmacist Average Salary in Denmark 2020

How much money does a Pharmacist make in Denmark?


Average Monthly Salary
157,000 DKK
( 1,880,000 DKK yearly)

LOW
78,300
DKK
AVERAGE
157,000
DKK
HIGH
243,000
DKK

A person working as a Pharmacist in Denmark typically earns around 157,000 DKK per month. Salaries range from 78,300 DKK (lowest) to 243,000 DKK (highest).

This is the average monthly salary including housing, transport, and other benefits. Pharmacist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Pharmacist Salary Distribution in Denmark

Median and salary distribution monthly Denmark Pharmacist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Pharmacist salaries in Denmark range from 78,300 DKK per month (minimum salary) to 243,000 DKK per month (maximum salary).

  • Median Salary

    The median salary is 157,000 DKK per month, which means that half (50%) of people working as Pharmacist(s) are earning less than 157,000 DKK while the other half are earning more than 157,000 DKK. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Pharmacist(s) are earning less than 106,000 DKK while 75% of them are earning more than 106,000 DKK. Also from the diagram, 75% of Pharmacist(s) are earning less than 200,000 DKK while 25% are earning more than 200,000 DKK.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Pharmacist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Denmark Pharmacist
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Pharmacist salaries by experience level and this is what we found.

A Pharmacist with less than two years of experience makes approximately 93,900 DKK per month.

While someone with an experience level between two and five years is expected to earn 124,000 DKK per month, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 166,000 DKK per month, 34% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Pharmacist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 198,000 DKK per month, 19% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 214,000 DKK per month, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 230,000 DKK per month, 7% more than people with fifteen to twenty years of experience.


Pharmacist average salary change by experience in Denmark

0 - 2 Years
93,900 DKK
2 - 5 Years+32%
124,000 DKK
5 - 10 Years+34%
166,000 DKK
10 - 15 Years+19%
198,000 DKK
15 - 20 Years+8%
214,000 DKK
20+ Years+7%
230,000 DKK
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Pharmacist Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Pharmacist(s) who have the same experience but different education levels.

Salary comparison by education level monthly Denmark Pharmacist
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Pharmacist salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Pharmacist is 134,000 DKK per month.

While someone with a Master's Degree gets a salary of 211,000 DKK per month, 58% more than someone having a Bachelor's Degree degree.


Pharmacist average salary difference by education level in Denmark

Bachelor's Degree
134,000 DKK
Master's Degree+58%
211,000 DKK
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Denmark costs anywhere from 683,000 Danish Krone(s) to 2,050,000 Danish Krone(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Pharmacist Salary Comparison By Gender

Salary comparison by gender monthly Denmark Pharmacist
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Pharmacist employees in Denmark earn 4% more than their female counterparts.

Female
153,000 DKK
Male+4%
160,000 DKK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Denmark for all Careers

Salary comparison by gender monthly Denmark
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Pharmacist Average Annual Salary Increment Percentage in Denmark

How much are annual salary increments in Denmark for Pharmacist(s)? How often do employees get salary raises?

Pharmacist

Pharmacist(s) in Denmark are likely to observe a salary increase of approximately 12% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Denmark Pharmacist
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Denmark / All Professions

Annual Salary Increment Rate Denmark
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The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Denmark is 7%.

Annual Increment Rate By Industry 2019

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Listed above are the average annual increase rates for each industry in Denmark for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Pharmacist Bonus and Incentive Rates in Denmark

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Denmark Pharmacist
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A Pharmacist is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

43% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 57% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
57%
No Bonus
43%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Denmark
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Where can you get paid more, working for a private company or for the government? Public sector Pharmacist employees in Denmark earn 6% more than their private sector counterparts.

Private Sector
133,000 DKK
Public Sector+6%
140,000 DKK
Percentage increase and decrease are relative to the previous value

Pharmacist Salary Trend and Forecast in Denmark

How are Pharmacist salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Denmark Pharmacist
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Average Salary 2016
141,000 DKK
Average Salary 2017+4%
147,000 DKK
Average Salary 2018+3%
150,000 DKK
Average Salary 2019+1%
152,000 DKK
Percentage increase and decrease are relative to the previous value

Pharmacist salaries in Denmark are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 1% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Pharmacist Average Hourly Wage in Denmark


900 DKK per hour

The average hourly wage (pay per hour) in Denmark is 900 DKK. This means that the average Pharmacist in Denmark earns approximately 900 DKK for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Pharmacist VS Other Jobs

Salary Comparison Between Pharmacist and Pharmaceutical and Biotechnology monthly Denmark
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The average salary for Pharmacist is 8% more than that of Pharmaceutical and Biotechnology. Also, Pharmaceutical and Biotechnology salaries are 7% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Pharmacist109,000 DKK-30%
Assistant Pharmacy Director218,000 DKK+39%
Associate Medical Affairs Director191,000 DKK+22%
Bioinformatics Scientist186,000 DKK+19%
Bioinformatics Technician119,000 DKK-24%
Biological Scientist206,000 DKK+32%
Biological Technician120,000 DKK-23%
Biomedical Engineer114,000 DKK-27%
Biomedical Engineering Director159,000 DKK+2%
Biostatistician143,000 DKK-9%
Biotechnologist 132,000 DKK-16%
Biotechnology Lead Data Manager117,000 DKK-25%
Chemical Process Technician120,000 DKK-23%
Clinical Consultant142,000 DKK-9%
Clinical Data Manager149,000 DKK-5%
Clinical Data Specialist137,000 DKK-13%
Clinical Operations Manager157,000 DKK+0%
Clinical Pharmacist149,000 DKK-5%
Clinical Pharmacy Specialist167,000 DKK+7%
Clinical Programmer88,200 DKK-44%
Clinical Project Manager138,000 DKK-12%
Clinical Research Associate129,000 DKK-18%
Clinical Research Manager156,000 DKK-0%
Clinical Study Manager167,000 DKK+7%
Compliance Specialist146,000 DKK-7%
Cytology Laboratory Technologist119,000 DKK-24%
Cytotechnologist127,000 DKK-19%
GCP Auditor145,000 DKK-7%
Hospital Pharmacy Technician135,000 DKK-14%
Manufacturing Engineer130,000 DKK-17%
Medical Affairs Director205,000 DKK+31%
Medical Representative 100,000 DKK-36%
Medical Science Liaison145,000 DKK-7%
Molecular and Cellular Biologist150,000 DKK-4%
Nuclear Pharmacist18,100 DKK-88%
Pharmaceutical Manufacturing Lead224,000 DKK+43%
Pharmaceutical Operations Excellence Manager191,000 DKK+22%
Pharmaceutical Process Engineer146,000 DKK-7%
Pharmaceutical Production Assistant Manager138,000 DKK-12%
Pharmaceutical Quality Auditor156,000 DKK-0%
Pharmaceutical Regulatory Affairs Assistant114,000 DKK-27%
Pharmaceutical Regulatory Affairs Specialist135,000 DKK-14%
Pharmaceutical Research Associate154,000 DKK-2%
Pharmaceutical Research Scientist174,000 DKK+11%
Pharmaceutical Researcher200,000 DKK+28%
Pharmaceutical Sales and Marketing Manager187,000 DKK+19%
Pharmaceutical Sales Manager182,000 DKK+16%
Pharmaceutical Sales Representative105,000 DKK-33%
Pharmaceutical Supply Chain Manager155,000 DKK-1%
Pharmaceutical Team Leader149,000 DKK-5%
Pharmaceutical Technologist114,000 DKK-27%
Pharmacist157,000 DKK+0%
Pharmacy Aide111,000 DKK-29%
Pharmacy Manager217,000 DKK+39%
Pharmacy Stock Controller104,000 DKK-34%
Pharmacy Technician97,800 DKK-38%
Records Management Coordinator94,500 DKK-40%
Shift Encapsulator107,000 DKK-32%
Staff Pharmacist146,000 DKK-7%

Salary Comparison By City

CityAverage Salary
Copenhagen172,000 DKK
0 - 0

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