Avik Pharmaceutical Assistant Manager - R&D Salaries by 4 Employees

4 - 9 years exp.

₹5.8 Lakhs - ₹6.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

39% less than the average Assistant Manager - R&D Salary in Pharma Companies for 4 - 9 years of experience

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Last Updated: 25 Dec 2023

Companies similar to Avik Pharmaceutical for Assistant Manager - R&D

Company name	Avg Annual Salary	Open Jobs
Aarti Drugs Assistant Manager - R&D Salary 6 - 9 years exp. (4 salaries)	₹6.2 L/yr - ₹8 L/yr 16% more
Optimus Drugs Assistant Manager - R&D Salary 8 - 11 years exp. (3 salaries)	₹7 L/yr - ₹7.5 L/yr 20% more
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Maruti Suzuki Assistant Manager - R&D Salary 1 - 4 years exp. (29 salaries)	₹7.5 L/yr - ₹14.4 L/yr 91% more
Medha Servo Drives Assistant Manager - R&D Salary 8 - 12 years exp. (29 salaries)	₹12 L/yr - ₹29 L/yr 257% more
Uflex Assistant Manager - R&D Salary 2 - 12 years exp. (23 salaries)	₹5.5 L/yr - ₹10.9 L/yr 36% more

Assistant Manager - R&D salary at Avik Pharmaceutical ranges between ₹5.8 Lakhs to ₹6.2 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Avik Pharmaceutical.

Experience wise Avik Pharmaceutical Assistant Manager - R&D salaries

Last Updated: 25 Dec 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr

Similar Designation salaries in Avik Pharmaceutical

R&D Officer Salary

(4 salaries)

₹3.8 L/yr - ₹5.9 L/yr

Senior Officer Research and Development Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

R&D Executive Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Research and Development Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Avik Pharmaceutical

Regulatory Affairs Officer And Quality Assurance Officer in Vapi

Healthcare & Life Sciences Department

1.0

• posted on 17 Jan 2022

1.0

for Salary and Benefits

Likes

Multiple functioning.

Dislikes

Worst experience in my job career. management not help full and team leader is manner less. Releaving policy is very bad. Do not accept opportunity of avik Pharmaceutical Limited.

Salary - Bad

+6 more

Senior Chemist in Vapi

Qc Department

2.0

• posted on 01 Oct 2019

1.0

for Salary and Benefits

Likes

Because work environment is very poor. Partiality during growth of employment. Health issues due to steroids production. No such safety protection against steroids.

Dislikes

Health issue and political environment in working place . Major things two year bonds from the company.

Salary - Bad

+5 more

General Manager Production And Co-ordination in Vapi Factory

Production, Manufacturing & Engineering Department

1.0

• posted on 10 Apr 2021

3.0

for Salary and Benefits

Likes

Company Top management like MD/Chairman is very experienced and good but the the works management you say factory at vapi is full of politician and jealous person .They can play at any extent at any cost. They never think for the development of organization .They think for only their self. But there are some people who are honest and keep relations with their job and they are thrashed by the corrupt seniors, because they do not fit in their frame.

Dislikes

Skill development - Bad
Job security - Poor

+4 more

GENERAL MANAGER PRODUCTION CO-ORDINATOR in Vapi

Production, Manufacturing & Engineering Department

1.0

• posted on 01 Sep 2018

3.0

for Salary and Benefits

Likes

Middle management is very terrible.They do not respect the knowledge and experience of person.Site head play a politics of silverspoon policy.When ever any qualified person join they feel insecure and start to harash so that they leave the concern.It was also happened with me.

Dislikes

there is no respect of performance.

Skill development - Poor

+4 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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Avik Pharmaceutical Assistant Manager - R&D Salary FAQs

What is the salary of Assistant Manager - R&D at Avik Pharmaceutical ?

The average salary of a Assistant Manager - R&D at Avik Pharmaceutical in India typically ranges from ₹5.8 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Assistant Manager - R&D at Avik Pharmaceutical earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Assistant Manager - R&D Salaries at Avik Pharmaceutical 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 Avik Pharmaceutical employees in India.

What is the estimated take home salary of a Assistant Manager - R&D at Avik Pharmaceutical in India?

The estimated take-home salary of a Assistant Manager - R&D at Avik Pharmaceutical in India typically ranges from ₹46,300 to ₹47,397 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 4 years to 9 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 Avik Pharmaceutical. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Avik Pharmaceutical for Assistant Manager - R&D in India?

Medha Servo Drives	₹12.0 Lakhs to ₹29.0 Lakhs per year
Maruti Suzuki	₹7.5 Lakhs to ₹14.4 Lakhs per year
Uflex	₹5.5 Lakhs to ₹10.9 Lakhs per year
Optimus Drugs	₹7.0 Lakhs to ₹7.5 Lakhs per year
Aarti Drugs	₹6.2 Lakhs to ₹8.0 Lakhs per year

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

How the salary growth look like for a Assistant Manager - R&D at Avik Pharmaceutical in India?

The salary growth for a Assistant Manager - R&D at Avik Pharmaceutical depends on factors such as experience, performance, and promotions. On average, a Assistant Manager - R&D can expect the following growth trajectory at Avik Pharmaceutical:

Experience	Average Salary Range
4 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
7 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
8 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
9 years	₹5.6 Lakhs to ₹7.1 Lakhs per year

and so on.

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Avik Pharmaceutical Assistant Manager - R&D Salaries

Avik Pharmaceutical Assistant Manager - R&D salary in India ranges between ₹5.8 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Avik Pharmaceutical latest salaries received from various employees of Avik Pharmaceutical.