Alkem Laboratories Manager Formulation Development Salaries by 3 Employees (Updated 2024)

12 - 16 years exp.

₹17.9 Lakhs - ₹20.3 Lakhs

Low Confidence

Salary of majority employees

32% more than the average Manager Formulation Development Salary in Pharma Companies for 12 - 16 years of experience

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Last Updated: 20 Aug 2023

Companies similar to Alkem Laboratories for Manager Formulation Development

Company name	Avg Annual Salary	Open Jobs
Bayer Manager Formulation Development Salary 10 - 34 years exp. (3 salaries)	₹17.5 L/yr - ₹21 L/yr 2% more
Kenpack Pharma Manager Formulation Development Salary 5 - 8 years exp. (4 salaries)	₹10.5 L/yr - ₹10.8 L/yr 45% less
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Morningside Healthcare Manager Formulation Development Salary 12 - 15 years exp. (3 salaries)	₹25 L/yr - ₹32 L/yr 42% more
Aizant Drug Research Solutions Manager Formulation Development Salary 11 - 12 years exp. (3 salaries)	₹11 L/yr - ₹16 L/yr 25% less
Ultra Laboratories Manager Formulation Development Salary 14 - 16 years exp. (3 salaries)	₹10.7 L/yr - ₹11.5 L/yr 41% less

Manager Formulation Development salary at Alkem Laboratories ranges between ₹17.9 Lakhs to ₹20.3 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Alkem Laboratories.

Experience wise Alkem Laboratories Manager Formulation Development salaries

Last Updated: 20 Aug 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.5 L/yr
14 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.3 L/yr
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15+ years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.3 L/yr

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Salary related reviews for Alkem Laboratories

Quality Control Officer in Daman & Diu

Full Time

Other Department

3.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing is there to like

Dislikes

... stop to take you instead they will say auto pakad ke ajao even for night shift. And you won't be able to find out why you are getting low salary even if you worked whole month without taking leave i don't know about other plants but don't come to amaliya dama plant these people are bunch of illiterate. They don't have a working culture worst than a domestic company.

Medical Representative in Mathura

Full Time

Marketing & Communication Department

5.0

• posted on 03 Jul 2024

5.0

for Salary and Benefits

Likes

Salary should be paid on time, every work should be done as per the system, every work should be transparent even at the stockist level

Dislikes

...e ME has resigned from the company then why did he do so without further notice. ZBM also does not pay attention to what the actual problem of ME is and considers the report of DSM as the final report.

Medical Representative in Tripura

Full Time

Sales & Business Development Department

5.0

• posted on 03 Oct 2024

5.0

for Salary and Benefits

Likes

Salary on time and satisfaction of work

Dislikes

Incentive deducted if stockist 1day late from from outstanding date, company got got full payment 1day later, but all quater hardwork of sale employee will waste in terms of incentive, so i request to you please look in to this matter,

Scientist in Taloja, Navi Mumbai

Drug Regulatory Affairs Department

5.0

• posted on 11 May 2022

4.0

for Salary and Benefits

Likes

I spent 6 years in Alkem. And learnt a lot from my seniors. Thanks to Alkem for providing such a good culture and platform.

Dislikes

Salary and promotions should be provided by considering current market situation.

Medical Representative in Varanasi

Research & Development Department

3.0

• posted on 05 Sep 2017

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.i love that fact that i am part of team that markets reliable high quality products and has a global client base.

Dislikes

Insufficiency salary my expense and the work pressure is very high. I have to attend clients calls in the evening and some time late into night.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Alkem Laboratories Manager Formulation Development Salary FAQs

What is the notice period for Manager Formulation Development at Alkem Laboratories?

According to AmbitionBox, 100% of the Alkem Laboratories Manager Formulation Developments reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Alkem Laboratories Manager Formulation Development Salaries

Alkem Laboratories Manager Formulation Development salary in India ranges between ₹17.9 Lakhs to ₹20.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Alkem Laboratories latest salaries received from various employees of Alkem Laboratories.