Breaking Down the Salary and Benefits of a Phlebotomy Technician

Are you considering a career as a Phlebotomy Technician? Not sure if it’s the right occupation choice for you? In less than six months, you could become a Phlebotomist and begin a fulfilling and steady career in the medical field. There are many financial and personal benefits to working as a Phlebotomist that are worth accounting for when considering a career in the field. You can be truly be confident knowing that your work as a Phlebotomy Technician is important and provides great contribution to the success of the medical field.

What responsibilities does a Phlebotomy Technician have?

Phlebotomy Technicians have the primary responsibility of collecting and preparing blood samples for donation or lab testing. Along with drawing patients’ blood, phlebotomists must also collect patient histories, understand various blood testing methods, and the side effects that specific medications and foods could have on blood samples. 

They may work in hospitals, doctor’s offices, blood donation centers, nursing homes, clinical laboratories and other community health centers.

What is the expected salary of a Phlebotomy Technician?

As with most jobs, a Phlebotomy Technician’s expected salary can vary depending on the state, city, job location and, company size, level of education and total number of years of experience. In Ohio, Phlebotomists typically can earn from $28,000-$35,000 annually. In Toledo, Ohio specifically, the median annual salary is $30,260. No matter the company however, phlebotomists can go to work each day feeling as though they are earning an honest income that contributes to their family’s finances and the community around them.

What other benefits could I expect to receive?

Bonuses- Many companies offer annual bonuses, pay scale increases and other incentives throughout the year as a way of saying, “Thank you” to their hardworking employees. These bonuses will vary based on each individual company, but Phlebotomy Technicians still get to enjoy these perks above and beyond their regular pay nonetheless.

401K/403B- Typically, many companies offer their Phlebotomy Technicians a contributing retirement savings plan. This money will not be taxed until it is eventually withdrawn upon retirement.

Medical and Dental Health Insurance package- Your health insurance benefits plan will vary from business to business, but these employer paid insurance packages can often amount to $10,000 or more in premiums each year, paid for by the company. Phlebotomists may have some out-of-pocket fees, but ultimately, a company-sponsored health insurance package can save employees several thousands of dollars each year in medical care expenses.

Pension Plans- Some employers may even offer their phlebotomists pension plans for retirement. Over the length of a career working at a company, the pension can prove to be extremely valuable once retirement hits.

Vacation Time- Also an extremely valued perk of working as a Phlebotomist is the potential vacation time allotted. Amounts will vary based upon length on employment and location, but paid time off is always a good thing.

Interested in learning more about the Phlebotomy Technician program at Athena Career Academy? Our Admissions Representatives are here to answer your questions and help your reach your goals to become a medical professional. Call 419-329-4075 today to get started.

Athena Career Academy is located at:
5203 Airport Highway
Toledo, Ohio 43615
Hours: Monday - Friday 7:30AM to 4:30PM
Phone: (419) 329-4075