Case Studies
Linh's Story: How She Saved Nearly $100,000 a Year on a Full-Time Pharmacist While Increasing Pharmacy Value
Linh saves nearly $100,000 a year on just a single full-time pharmacist by paying just $15.33/hr instead of up to $60/hr, avoiding paying penalty rates on weekday nights and weekends and overtime rates of up to time and a half in the process, and saves 100% on all additional employee costs, whilst increasing the value of her pharmacy by over $600,000
Linh employs a pharmacist named Mark, who is employed as a "Pharmacist" under the Pharmacy Industry Award (PIA). Mark is a permanent (non-casual) pharmacist working at the base rate of $40/hr. Mark normally works Mon-Fri 6:30pm-Midnight and Sunday 9am-10:30pm with 1hr unpaid meal break - 40hrs a week in total. Instead of using Mark, Linh decides to use a Dispense Assist Technician (Advanced) - exclusive use to avoid penalty rates and overtime rates and to save money.
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Cost Analysis |
Using Dispense Assist |
Not Using Dispense Assist |
||
---|---|---|---|---|
Unit Cost |
Total Cost |
Unit Cost |
Total Cost |
|
Hours worked Monday-Friday 6:30pm-7:00pm | $15.33 | $38.33 | $40.00 | $100.00 |
Hours worked Monday-Friday 7:00pm-9:00pm | $15.33 | $153.30 | $50.00 | $500.00 |
Hours worked Monday-Friday 9:00pm-Midnight | $15.33 | $229.95 | $60.00 | $900.00 |
Hours worked Sunday 9:00am-3:00pm | $15.33 | $91.98 | $60.00 | $360.00 |
Hours worked Sunday 4:00pm-8:30pm | $15.33 | $68.99 | $60.00 | $270.00 |
Hours worked Sunday 8:30pm-10:30pm (Overtime) | $15.33 | $30.66 | $60.00 | $120.00 |
Annual Leave | $0.00 | 7.69% | $116.89 | |
Annual Leave Loading | $0.00 | 17.50% | $20.46 | |
Sick & Carer's Leave | $0.00 | 3.85% | $58.52 | |
Long Service Leave | $0.00 | 1.67% | $25.38 | |
Compassionate & Bereavement Leave | $0.00 | Additional Cost | ||
Paid Days Off During Public Holidays Normally Worked | $0.00 | Additional Cost | ||
Compulsory Leave Entitlements | 25% | $153.30 | Included In The Above | |
Superannuation | 10.00% | $76.65 | 10.00% | $235.13 |
Total Cost Per Week | $843.16 | $2,706.38 | ||
Total Cost Per Year | $43,844.32 | $140,731.76 |