Phlebotomy technician salary – How much does a phlebotomist Earn? A phlebotomist earns a reasonably good wage while also providing a sense of fulfillment. Phlebotomist tech’s are also in very high demand, In an uncertain economic atmosphere where a job is not a guarantee, it would make financial sense to evaluate your options. If you plan to get a foot at the healthcare door, phlebotomy is one field with low barriers to entry.
You may already know by now that healthcare is a staple need, one that only becomes more of a necessity given the aging population of the United States and regardless of how the economy performs. Of course, the amount spent on healthcare varies from age groups to age groups, from one social class to another, and even from one state to another, but individuals are always going to be needing some form of healthcare whether they plan for it or not. It is, however, imperative that you know that the salary you will be earning in this field will depend on the amount of work experience you have.
Below, you will find a brief description of a Phlebotomy tech’s salary. We will also discuss several factors that affect the pay rate. Any person with a valid phlebotomy certificate from an accredited institution can earn a nice salary after getting established.
If you wonder how much is the phlebotomy technician salary – how much does a phlebotomist make? – a phlebotomist technician usually starts off at $15 an hour, with the annual median hourly wage of $22.44 as of 2010, according to the United States Bureau of Labor Statistics.
The average starting out hourly pay of a phlebotomist is around $15 dollars – after completing phlebotomy training. But salary varies according to your experience as well as the time spent on the job. It also varies, partially, from state to state, and the location of the job.
A recent survey has revealed that a phlebotomist in a supervising position can make more than thirty thousand dollars every year.
Phlebotomists start earning $25,000 a year with the most highly experienced in the field earning 50% more, or $39,000 a year. Given the huge gaps in healthcare that need to be filled, the hourly rate will likely be pushed up by demand as supply is trying to catch up.
The hourly rate, of course, is affected by a number of factors that you need to seriously take into account when you make that transition or start afresh. Here are several factors that would determine the hourly rate you are going to be paid later on when you get into the field.
Salary range: Phlebotomy tech salary mostly depends on the experience of the phlebotomist. Depending on the span of previous experience a phlebotomist can earn a salary from around $25,000 to $39,000 per year. There is a strong demand and career growth in this field due to the increasing number of an aging populace.
Following are a few factors that can affect Phlebotomy tech salary:
Certification: Certification also plays a vital role in determining your wage. It is not mandatory to hold a certificate in order to work as a phlebotomist.
The setting of your workplace: Your workplace has a profound effect on your earnings. Simply, you will make more money working at a big hospital than a public health department or a blood bank. Understandably, phlebotomists would earn more in a large hospital than in smaller clinics or blood banks. But large hospitals often take on board only phlebotomists that have already earned a few years’ actual experience in a similar setting. This means that while smaller health institutions like diagnostic laboratories, ambulatory health care services, urgent care facilities and physician offices may not immediately offer the perks that you are after, they actually provide a stepping platform from which you can later on launch a lucrative and emotionally satisfying career.
The state: The state of your residence also affects the amount that you earn since the wage must be sufficient enough to cover the cost of living. For example: If you are living and working as a phlebotomy technician, in the state of California, you will be making more money compared to another person living and working in the sate of Oklahoma. Entry-level phlebotomists certainly do not earn the same amount of hourly wage across all states despite general similarities in qualifications, training and experience. Some states pay more than others because of the equally high cost of living working in the area, while some states pay more to attract in-migration of phlebotomists from other low-paying states to theirs. At present, a phlebotomist in California earns $37, the hourly mean wage as of 2010 according to the United States Bureau of Labor Statistics.
Previous Experience working: Experience is a big factor in determination of Phlebotomy tech salary. The more experience you have the more amount of money you can earn working in this field. Infact, if you take any other field, an experienced person always get paid much more than an inexperienced newcomer. Understandably, the shorter your actual experience, the lower your hourly rate. The longer you are in the field, the more attractive you become to prospective employers and the higher your chances of earning as much as $46,680 per year, the annual median salary of medical and clinical laboratory technologists and technicians to which category phlebotomists belong.
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According to the US Department of Labor Bureau of Labor Statistics the demand for Phlebotomist Technicians is expected to remain high as the aging population within the USA intensifies the need for all areas of healthcare.
Phlebotomists will find employment opportunities in the following areas: Hospitals, Diagnostic Laboratories, Medical Laboratories, Ambulatory Health Care Services, Urgent Care Facilities, Physician Offices – Group Practices.