ARK CHEMICALS Formulation and Development Manager Salaries by 2 Employees

4 - 5 years exp.

₹9.1 Lakhs - ₹11.6 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 10 Mar 2023

Companies similar to ARK CHEMICALS for Formulation and Development Manager

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ZIM Laboratories Formulation and Development Manager Salary 11 - 14 years exp. (4 salaries)	₹15 L/yr - ₹21.4 L/yr 67% more
Sri Krishna Pharmaceuticals Formulation and Development Manager Salary 8 - 9 years exp. (4 salaries)	₹13.5 L/yr - ₹14.9 L/yr 40% more
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MERX HEALTHCARE Formulation and Development Manager Salary 13 - 16 years exp. (4 salaries)	₹14 L/yr - ₹16.5 L/yr 45% more
J.Duncan Formulation and Development Manager Salary 14 - 17 years exp. (4 salaries)	₹13 L/yr - ₹14.8 L/yr 37% more
Franco-Indian Pharmaceuticals Formulation and Development Manager Salary 14 - 17 years exp. (4 salaries)	₹12.6 L/yr - ₹15 L/yr 33% more

Formulation and Development Manager salary at ARK CHEMICALS ranges between ₹9.1 Lakhs to ₹11.6 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of ARK CHEMICALS.

Similar Designation salaries in ARK CHEMICALS

Research Scientist Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for ARK CHEMICALS

3.0

Rated by 1 employees for salary & benefits

Marketing Executive in Mumbai

Full Time

Marketing & Communication Department

2.0

• posted on 14 Nov 2023

1.0

for Salary and Benefits

Likes

Good Exposure with German MNCs of Chemicals sector (BASF/WACKER/Münzing)

Dislikes

90 days Notice period !!! Only Sunday weekly off Some staff members (Invoice generator) very creepy ! Far too much power vested in a senior Accounts madam who everyone in the company knows about ! Company has dubious policies and harass people trying to leave by making on-the-spot company policies for their own convenience !

Salary - Bad

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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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ARK CHEMICALS Formulation and Development Manager Salary FAQs

How the salary growth look like for a Formulation and Development Manager at ARK CHEMICALS in India?

The salary growth for a Formulation and Development Manager at ARK CHEMICALS depends on factors such as experience, performance, and promotions. On average, a Formulation and Development Manager can expect the following growth trajectory at ARK CHEMICALS:

Experience	Average Salary Range
4 years	₹7.8 Lakhs to ₹10.0 Lakhs per year
5 years	₹10.4 Lakhs to ₹13.2 Lakhs per year

and so on.

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ARK CHEMICALS Formulation and Development Manager Salaries

ARK CHEMICALS Formulation and Development Manager salary in India ranges between ₹9.1 Lakhs to ₹11.6 Lakhs. This is an estimate based on latest salaries received from employees of ARK CHEMICALS.

ARK CHEMICALS Formulation and Development Manager salaries in India