Pharmacist Contractors

Becoming a Locum Pharmacist Contractor

As the popularity of the 100-hour pharmacy contract increases, there are more and more vacancies for pharmacists of all types and even more demand for locum pharmacists. And this requirement is further increased by the new Responsible Pharmacist legislation which will be coming into effect in October 2009. All of which means that you might well be thinking about moving from full time employment and becoming a locum instead.

This more flexible arrangement means that, to a certain extent, you can choose when, where and for how long you work - and subsequently, how much holiday you can take! 

You are also free from internal politics and can often find yourself in situations where you are learning new things and gaining valuable experience of different pharmacy environments while you work. 

But the decision to become a locum brings with it a whole range of other questions, as it is very different from being employed as a pharmacist, and there are many other factors to consider.

In fact, contractors almost always earn more than their employed counterparts, which is only fair considering the loss of holiday pay, sick pay, pensions and other employee benefits. Our online take home pay calculator can show you how much more you could earn by contracting through your own limited company

The first step is to decide how you will operate - the two most common options being to work through an umbrella company or to set up and form a limited company

If you do choose to set up a limited company, SJD Accountancy can give you a wealth of information and advice - as well as providing a low cost fixed-fee accountancy service which has been developed specifically for contractors. 

If you have any question about contracting or would like any further advice please contact our new business team on 01442 275789 or e-mail newbusiness@sjdaccountancy.com.