300 Procter & Gamble Pharmacists will Lose Jobs

300 Procter & Gamble Pharmacists will Lose Jobs

The world is changing. Innovation and change are coming thick and fast, and companies like Procter & Gamble are fighting to keep up with their competitors. On top of that, the cost of healthcare is rising remarkably, which means a Pharmacist salary is becoming significantly less than what it was just a few years ago.

In response to these two key factors, P&G made the announcement that 300 jobs would be cut from their healthcare division in an effort to help save money for other areas within the company. This means many pharmacists will be out of work in a future where demand continues to grow for cheaper generic drugs over patented medications.

What happens if you lose your job?

If one were to lose their job because of layoffs, there are a few options as to how they can handle it. First of all, they have the right to unemployment insurance benefits until they find another job. When looking for an appropriate place to work, a potential employer will talk with the potential employee and ask them what they need in order to get back on their feet. If an employer offers a viable package (such as extra hours), then the next step is finding a way to pay this benefit back. Some people will be able to do it easily through overtime at their current job, while others may be required to take time off their new position where they end up finding work..

If you are still in school and looking for a job, then finding some form of student loan assistance may be looking to save them from loosing their home. Student loans do not need to be repaid during your time in school, and interest is paid on the loan, not on the principal. Once they stop going to school, they will either have to pay all of their loans (possible with an additional loan), or they can contact Sallie Mae and ask for help paying off what they owe. They have the option of taking out a 15-year repayment plan where monthly payments are paid by borrowers until they have paid off their last dime of the original principal plus over 15 years' worth of interest.

In addition to that, if you find a job right away and do not lose your job, then the first thing they need to pay is taxes. When filing taxes, they need to make sure they have taken everything off their paychecks that was due from Uncle Sam.

Now the hard part will be finding a new job. If you were close to retirement and would have been guaranteed Social Security Benefits after working for a certain number of years, then this can help soften the blow of losing their old position. However, most people's future is not set in stone like that, so it may take months or even years before they find another job (and less money). In the meantime, they can continue to save up for a down payment on a house, or simply live off of what they have in their basic savings account. If there is not enough money left over after paying bills and saving for retirement, then going without things like cable TV or Internet will be a shared sacrifice that is good for the entire household as well.

If you are looking to get help with paying your bills, you can contact one of our friendly staff members who can help out at any time of day or night (we work 7 days a week). Our staff members are always available to assist you, and they will be able to guide you as to which payment plan is best suited for your needs. You can contact our office by dialing (888) 394-6886 or completing the form on this page. We will help you find a solution during the hours of 8AM-8PM, Monday-Friday, and around 9AM-4PM on Saturdays.

Source:

http://www.pharmacistclinicblog.com/2012/12/767517.html - [ARTICLE START]

-----------------------------------------------------------

Micaiah's Blog (PHARMACY KILLS) http://micaiahsblog.blogspot.com/ Date: Dec 27, 2012

Methinks pharmacist needs to put their lab coat on and do a little research instead of spouting off about something they have no clue about! Im not sure of your background but I can tell you this; being a pharmacist is one of the most challenging jobs. Afterall, we are entrusted with dispensing a "drug" that can be life saving as well as lethal...it's up to us to do the job correctly and honestly. To sit here and bash our profession without knowing anything about it is ludicrous and immature...get your facts straight before pointing fingers.

Micaiahs Blog. http://micaiahsblog.blogspot.com/ - [http://micaiahsblog.blogspot.com/ - Pharmacy Kills] Date: Dec 27, 2012

I am a pharmacist and I take issue with your comments about the job we do. As a pharmacist you were trained to be an educator about medication options and sides of medications and how to write prescriptions accordingly for any patient that comes through your door. To say we are trained to learn is highly offensive and untrue, correct or wrong we have the right to speak out on issues that concern our profession including drug prices, cost of living, federal regulations which affect our profession, etc.. We are also priviledged to work in a greatly regulated industry which allows us to still run our own business and make a living for ourselves. To say we are privileged is laughable because the majority of pharmacists in this country struggle to make ends meet doing what we were trained to do. In 2010 pharmacists earned an average salary of $121,020 with an increase of 12% from 2009. Please let's not be so quick to defend this profession by bashing it over something as simple as making a statement that isn't true and/or poorly researched. I found your article very interesting and thought it was a good read. Keep up the good work :) - Jacqueline L. - [Micaiahs Blog] Date: Dec 29, 2012

I am a pharmacist and I take issue with your comments about the job we do. As a pharmacists you were trained to be an educator about medication options and sides of medications and how to write prescriptions accordingly for any patient that comes through your door. To say we are trained to learn is highly offensive and untrue , correct or wrong we have right to speak out on issues that concern our profession including drug prices, cost of living, federal regulations which affect our profession , etc.. We are also priviledged to work in a greatly regulated industry which allows us to still run our own business and make a living for ourselves. To say we are privileged is laughable because the majority of pharmacists in this country struggle to make ends meet doing what we were trained to do. In 2010 pharmacists earned an average salary of $121,020 with an increase of 12% from 2009. Please let's not be so quick to defend this profession by bashing it over something as simple as making a statement that isn't true and/or poorly researched. I found your article very interesting and thought it was a good read.

Conclusion

Having a job as a pharmacist can be very rewarding, but it can also be tough. You will likely have to work some long hours and will even have to sacrifice your salary in order to help people get the medication they need at a price they can afford. However, if you are willing to put up with the hardships that come with being a pharmacist, then you should consider this career choice and see how long it takes before you become one of the many pharmacists who love their job.