Alkem Laboratories Bangalore / Bengaluru Business Manager Salaries by 10 Employees

2 - 8 years exp.

₹3.6 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

61% less than the average Business Manager Salary in Pharma Companies for 2 - 8 years of experience

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Salaries in different departments

Healthcare & Life Sciences Business Manager Salary 2 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹5.7 L/yr
Marketing & Communication Business Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
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Sales & Business Development Business Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 12 Nov 2024

Companies similar to Alkem Laboratories for Business Manager in Bangalore / Bengaluru

Alkem Laboratories Business Manager Salary

2 - 8 years exp. (10 salaries)

₹3.6 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Cipla Business Manager Salary 7 - 12 years exp. (8 salaries)	₹4.7 L/yr - ₹10 L/yr 73% more
Abbott Business Manager Salary 6 - 19 years exp. (4 salaries)	₹4.9 L/yr - ₹20 L/yr 202% more
Login to view exact salary
Mankind Pharma Business Manager Salary 9 - 11 years exp. (3 salaries)	₹7.3 L/yr - ₹9.2 L/yr 60% more
GlaxoSmithKline Pharmaceuticals Business Manager Salary 4 - 8 years exp. (3 salaries)	₹19.7 L/yr - ₹26 L/yr 332% more
IBM Business Manager Salary 13 - 21 years exp. (103 salaries)	₹21.5 L/yr - ₹40 L/yr 606% more

Business Manager salary at Alkem Laboratories ranges between ₹3.6 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 10 latest salaries received from various employees of Alkem Laboratories.

Experience wise Alkem Laboratories Business Manager salaries in Bangalore / Bengaluru

Last Updated: 12 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
6 years (3 salaries)	₹4.8 L/yr - ₹9.1 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr

View all

Similar Designation salaries in Alkem Laboratories

Area Business Manager Salary

(18 salaries)

₹5 L/yr - ₹8.5 L/yr

Area Sales Manager Salary

(6 salaries)

₹5.8 L/yr - ₹9 L/yr

Regional Manager Salary

(5 salaries)

₹8.45 L/yr - ₹11.5 L/yr

Top skills at Alkem Laboratories for Business Manager

Product Promotion Field Work Campaigns Pharmaceutical Sales Medical Marketing Business Management

Salary related reviews for Alkem Laboratories

Area Business Manager in Bhopal

Full Time

Marketing & Communication Department

3.0

• posted on 28 Jan 2025

4.0

for Salary and Benefits

Likes

Ranking of company On time salary Incentive and allowance Some policies like health insurance Shagun policies etc.

Salary - Good

Dislikes

HR has no domination. Management dose the dictatorship with employees No job sequrity for those who wants to stay with alkem.

Job security - Bad

+3 more

Area Business Manager in Kolkata

Full Time

Other Department

1.0

• posted on 27 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing. Long time work hours, salary adjustment, mal practices, cheap politics

Dislikes

Salary adjustment, target has to be achieved from BU head to MR , every month one part of salary has to be contribute to the stockist for stocks lifting.

Salary - Bad

+6 more

Sales Manager in Mumbai

Sales & Business Development Department

5.0

• posted on 22 Jan 2019

3.0

for Salary and Benefits

Likes

This is a big name in India and you get easily accepted by the customers, they also take care of their employee if not the best then definitely better than many other indian house.

Skill development - Good

Dislikes

the compensation benefits and working comfort is little compromised. the mid year KRA was done but it went without working out to be real feedback system,

Regional Manager in Mumbai

Sales & Business Development Department

2.0

• posted on 22 Apr 2021

4.0

for Salary and Benefits

Likes

I have joined for new division but in one year division has closed and many employees kicked out

Salary - Good

+2 more

Dislikes

... long time but company had kick out many employees after establishment sales . Salary and benefits are on time

Skill development - Poor

+1 more

Area Business Manager in Mumbai

Bergen Department

5.0

• posted on 20 Aug 2018

2.0

for Salary and Benefits

Likes

Salary is Good Incentives are Good But You will get irritated Because of Plenty of Formats & unnecessary Feedback. No dought Company is GooD No Problem with that. But the Culture is Horrible

Skill development - Excellent

+1 more

Dislikes

Plenty of unusual Formats. Group chat management is purely selfish and leg pulling managers. Bed languages during meetings and And most importantly Sale is Important no matter how you can achieve the Target

Salary - Poor

+3 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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Alkem Laboratories Business Manager Salary FAQs

What is the salary of Business Manager at Alkem Laboratories in Bangalore / Bengaluru?

The average salary of a Business Manager at Alkem Laboratories in Bangalore / Bengaluru typically ranges from ₹3.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Business Manager in Bangalore / Bengaluru at Alkem Laboratories earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Business Manager Salaries at Alkem Laboratories 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 10 Alkem Laboratories employees in India.

What is the estimated take home salary of a Business Manager at Alkem Laboratories in Bangalore / Bengaluru?

The estimated take-home salary of a Business Manager at Alkem Laboratories in Bangalore / Bengaluru typically ranges from ₹35,877 to ₹37,104 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 8 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 10 salaries received from various employees of Alkem Laboratories. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Manager at Alkem Laboratories in Bangalore / Bengaluru?

To be a Business Manager at Alkem Laboratories in Bangalore / Bengaluru, the key skills required include:

- Product Promotion
- Field Work
- Campaigns
- Pharmaceutical Sales
- Medical

These skills are highly valued at Alkem Laboratories and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Alkem Laboratories for Business Manager in India?

IBM	₹21.5 Lakhs to ₹40.0 Lakhs per year
GlaxoSmithKline Pharmaceuticals	₹19.7 Lakhs to ₹26.0 Lakhs per year
Abbott	₹4.9 Lakhs to ₹20.0 Lakhs per year
Cipla	₹4.7 Lakhs to ₹10.0 Lakhs per year
Mankind Pharma	₹7.3 Lakhs to ₹9.2 Lakhs per year

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

How the salary growth look like for a Business Manager at Alkem Laboratories in Bangalore / Bengaluru?

The salary growth for a Business Manager at Alkem Laboratories in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Business Manager in Bangalore / Bengaluru can expect the following growth trajectory at Alkem Laboratories:

Experience	Average Salary Range
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
5 years	₹4.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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Alkem Laboratories Business Manager Salaries in Bangalore / Bengaluru

Alkem Laboratories Business Manager salary in Bangalore / Bengaluru ranges between ₹3.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Alkem Laboratories latest salaries received from various employees of Alkem Laboratories.