Aizant Drug Research Solutions Formulation Scientist Salaries by 6 Employees

1 - 6 years exp.

₹2.1 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Formulation Scientist Salary in Clinical Research Companies for 1 - 6 years of experience

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Last Updated: 20 Jul 2023

Companies similar to Aizant Drug Research Solutions for Formulation Scientist

Company name	Avg Annual Salary	Open Jobs
Rubicon Research Formulation Scientist Salary 1 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹3.4 L/yr 51% less
Dr. Reddy's Formulation Scientist Salary 1 - 9 years exp. (258 salaries)	₹4.2 L/yr - ₹12 L/yr 57% more
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Aurobindo Pharma Formulation Scientist Salary 2 - 9 years exp. (15 salaries)	₹3.8 L/yr - ₹11 L/yr 24% more
Medreich Formulation Scientist Salary 0 - 3 years exp. (14 salaries)	₹2.5 L/yr - ₹4 L/yr 37% less
Teva Pharmaceuticals Formulation Scientist Salary 5 - 14 years exp. (10 salaries)	₹7.4 L/yr - ₹18 L/yr 134% more

Formulation Scientist salary at Aizant Drug Research Solutions ranges between ₹2.1 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Aizant Drug Research Solutions.

Experience wise Aizant Drug Research Solutions Formulation Scientist salaries

Last Updated: 20 Jul 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹13.5 L/yr
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹8.5 L/yr

View all

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Salary related reviews for Aizant Drug Research Solutions

2.5

Rated by 4 employees for salary & benefits

Project Manager in Hyderabad / Secunderabad

Full Time

Other Department

1.0

• posted on 30 Jan 2024

1.0

for Salary and Benefits

Likes

Nothing as such.

Dislikes

Did not even receive the salary promised initially at the time of joining and had to beg for the compensation deserved. Provided excuses such as company is on loss and that displays minimal consideration for employees especially for newcomers and then expects them to work around the clock with neither any appreciation nor any salary.

Salary - Bad

+6 more

Vice President Operations in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 07 Mar 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... position. High Senior Level Politics No appraisal for senior level position Reduction in Salary surprisingly by saying non-performance of the organization

Salary - Bad

+6 more

Executive in Hyderabad / Secunderabad

Analytical Method Validation Department

4.0

• posted on 03 Dec 2020

1.0

for Salary and Benefits

Likes

The good working environment and culture. Team mates are supportive. You can learn lot here.

Skill development - Excellent

+3 more

Dislikes

...are not good, we didn't get appraisals this year. HR team is not good as before. No salary hike. No free transportation, no soft skill training, no free food.

Salary - Bad

Manufacturing Executive in Hyderabad / Secunderabad

Production Department

2.0

• posted on 09 Dec 2020

1.0

for Salary and Benefits

Likes

They stop the salary for not attending 2/3days time joining they wont ask certificate afterwards they will say if u want salary give ur original certificates Production manager and incharge were very worst behaviour they are worth less

Dislikes

Management

Salary - Bad

+4 more

Project Executive in Hyderabad / Secunderabad

Research & Development Department

3.0

• posted on 20 Sep 2018

2.0

for Salary and Benefits

Likes

Teammates are good but Team leaders are with divide and rule mentality. Here is a chance to learn and to develop professionally but poor salary and appraisal's No OT, NO HEALTY ENVIRONMENT, NO POTENT LAB EVEN THEY GET MAXIMUM PROFIT FROM ONCOLOGY PRODUCTS. LESS RESOURCES OF PPE ETC......

Dislikes

No compensation Less growth Work pressure high but less recognition

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Aizant Drug Research Solutions Formulation Scientist Salary FAQs

What is the salary of Formulation Scientist at Aizant Drug Research Solutions ?

The average salary of a Formulation Scientist at Aizant Drug Research Solutions in India typically ranges from ₹2.1 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Formulation Scientist at Aizant Drug Research Solutions earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Formulation Scientist Salaries at Aizant Drug Research Solutions can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Aizant Drug Research Solutions employees in India.

What is the estimated take home salary of a Formulation Scientist at Aizant Drug Research Solutions in India?

The estimated take-home salary of a Formulation Scientist at Aizant Drug Research Solutions in India typically ranges from ₹42,795 to ₹43,918 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Aizant Drug Research Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Formulation Scientist at Aizant Drug Research Solutions ?

To be a Formulation Scientist at Aizant Drug Research Solutions in india, the key skills required include:

- Formulation
- Research Analysis
- R&D
- Research

These skills are highly valued at Aizant Drug Research Solutions and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Aizant Drug Research Solutions for Formulation Scientist in India?

Teva Pharmaceuticals	₹7.4 Lakhs to ₹18.0 Lakhs per year
Dr. Reddy's	₹4.2 Lakhs to ₹12.0 Lakhs per year
Aurobindo Pharma	₹3.8 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aizant Drug Research Solutions, depending on the role and experience level.

What is the salary of a Formulation Scientist in companies similar to Aizant Drug Research Solutions in India?

The salary of a Formulation Scientist at companies similar to Aizant Drug Research Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Medreich	₹2.5 Lakhs to ₹4.0 Lakhs per year
Rubicon Research	₹2.4 Lakhs to ₹3.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Formulation Scientist at Aizant Drug Research Solutions in India?

The salary growth for a Formulation Scientist at Aizant Drug Research Solutions depends on factors such as experience, performance, and promotions. On average, a Formulation Scientist can expect the following growth trajectory at Aizant Drug Research Solutions:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹4.3 Lakhs per year
2 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
3 years	₹2.0 Lakhs to ₹6.6 Lakhs per year
4 years	₹2.5 Lakhs to ₹7.2 Lakhs per year

and so on.

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Aizant Drug Research Solutions Formulation Scientist Salaries

Aizant Drug Research Solutions Formulation Scientist salary in India ranges between ₹2.1 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Aizant Drug Research Solutions latest salaries received from various employees of Aizant Drug Research Solutions.