Apex Laboratories Formulation Scientist Salaries by 4 Employees

2 - 7 years exp.

₹4 Lakhs - ₹6.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% less than the average Formulation Scientist Salary in Pharma Companies for 2 - 7 years of experience

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Last Updated: 18 Apr 2024

Companies similar to Apex Laboratories for Formulation Scientist

Company name	Avg Annual Salary	Open Jobs
Teva Pharmaceuticals Formulation Scientist Salary 5 - 14 years exp. (10 salaries)	₹7.4 L/yr - ₹18 L/yr 157% more
Strides Pharma Formulation Scientist Salary 1 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.6 L/yr 1% less
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Hetero Formulation Scientist Salary 1 - 7 years exp. (6 salaries)	₹2.1 L/yr - ₹7.5 L/yr 12% less
Unichem Laboratories Formulation Scientist Salary 0 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹7 L/yr 10% less
Novartis Formulation Scientist Salary 7 - 10 years exp. (4 salaries)	₹15 L/yr - ₹16 L/yr 201% more
Micro Labs Formulation Scientist Salary 0 - 7 years exp. (4 salaries)	₹5.6 L/yr - ₹7.5 L/yr 33% more
Shilpa Medicare Formulation Scientist Salary 1 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 51% less
Biological E Formulation Scientist Salary 1 - 2 years exp. (3 salaries)	₹3.2 L/yr - ₹5 L/yr 25% less
Abbott Formulation Scientist Salary 5 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹12.5 L/yr 104% more

Formulation Scientist salary at Apex Laboratories ranges between ₹4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Apex Laboratories.

Experience wise Apex Laboratories Formulation Scientist salaries

Last Updated: 18 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

View all

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Top skills at Apex Laboratories for Formulation Scientist

Innovation Formulation Development

Salary related reviews for Apex Laboratories

Junior Executive in Alathur

Full Time

Healthcare & Life Sciences Department

4.0

• posted on 18 Apr 2021

2.0

for Salary and Benefits

Likes

Good culture.company staff (chemist) salary was very poor.and plant 1 actual duty time 8 hrs but compulsory 12 , 14 working in production department. Overtime amount 1 hr 50 Rupee's only. I expected overtime time amount 100 rupees.

Skill development - Good

+2 more

Dislikes

Company staffs are 20- 35 years experience in one company . Operators not educated.

Salary - Poor

Working As A Executive in Chennai

Research & Development Department

4.0

• posted on 08 Apr 2022

3.0

for Salary and Benefits

Likes

At apex laboratory I was like to do anylytical works like validation HPLC method uses..then instruments handling like UV and IR and pH meter etc

Skill development - Good

Dislikes

Work pressure low but company growth level also low..no benefits from our salary ..bcz less salary giving then leave not provided properly..HR not responsible.is low etc

Job security - Poor

+1 more

Junior Executive in Alathur

Research & Development Department

5.0

• posted on 01 Jan 2021

5.0

for Salary and Benefits

Likes

... with personal hygiene free mask , sanitizer, food, transport etc.., providing. lockdown time Apex going to loss but salary and increment , bonus are giving to all employees to satisfied. Apex is good platform to grow our future. Definitely I telling Apex is one of my family like my dad.

Salary - Excellent

+6 more

Dislikes

Nothing

Trainee

Production Department

4.0

• posted on 30 Oct 2019

3.0

for Salary and Benefits

Likes

Apex Laboratoriesis a leading growing pharmaceutical company... Nice to work with them.... Thanks for giving opportunity to work..

Skill development - Excellent

+1 more

Dislikes

Salary, career progressionand transport facilities is little bit disappointed

Professional Service Representative in Chennai

Other Department

4.0

• posted on 10 Jul 2018

3.0

for Salary and Benefits

Likes

I like about working at APEX Laboratories this good company for employees who treats well. They give salary by the 1st of the month. And good quality products.

Skill development - Good

+1 more

Dislikes

In this company salary is less and work pressure is high. Sometimes when I was going to work when I will come to my house I don't know. Sometimes I worked on 18 hours a day. I don't have job security. So I was decided to came in IT sector.

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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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Apex Laboratories Formulation Scientist Salary FAQs

What is the salary of Formulation Scientist at Apex Laboratories ?

The average salary of a Formulation Scientist at Apex Laboratories in India typically ranges from ₹4.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Formulation Scientist at Apex Laboratories earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Formulation Scientist Salaries at Apex 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 4 Apex Laboratories employees in India.

What is the estimated take home salary of a Formulation Scientist at Apex Laboratories in India?

The estimated take-home salary of a Formulation Scientist at Apex Laboratories in India typically ranges from ₹38,805 to ₹39,988 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 2 years to 7 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 4 salaries received from various employees of Apex Laboratories. 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 Apex Laboratories ?

To be a Formulation Scientist at Apex Laboratories in india, the key skills required include:

- Innovation
- Formulation Development

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

Which companies offer higher salaries than Apex Laboratories for Formulation Scientist in India?

Novartis	₹15.0 Lakhs to ₹16.0 Lakhs per year
Teva Pharmaceuticals	₹7.4 Lakhs to ₹18.0 Lakhs per year
Abbott	₹6.5 Lakhs to ₹12.5 Lakhs per year
Micro Labs	₹5.6 Lakhs to ₹7.5 Lakhs per year

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

What is the salary of a Formulation Scientist in companies similar to Apex Laboratories in India?

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

Strides Pharma	₹4.0 Lakhs to ₹7.6 Lakhs per year
Unichem Laboratories	₹2.2 Lakhs to ₹7.0 Lakhs per year
Hetero	₹2.1 Lakhs to ₹7.5 Lakhs per year
Biological E	₹3.2 Lakhs to ₹5.0 Lakhs per year
Shilpa Medicare	₹2.2 Lakhs to ₹3.0 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 Apex Laboratories in India?

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

Experience	Average Salary Range
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
5 years	₹4.8 Lakhs to ₹6.2 Lakhs per year

and so on.

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Apex Laboratories Formulation Scientist Salaries

Apex Laboratories Formulation Scientist salary in India ranges between ₹4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Apex Laboratories latest salaries received from various employees of Apex Laboratories.