Annual salary range
9 - 11 years exp.
₹7.1
Lakhs - ₹15
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
10% less than the average Deputy Formulation Development Manager Salary in Pharma Companies for 9 - 11 years of experience
Interested in this particular role?
Companies similar to Cipla for Deputy Formulation Development Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Cadila Pharmaceuticals Deputy Formulation Development Manager Salary
11 - 13 years exp. (3 salaries) |  ₹9.6 L/yr - ₹12.5 L/yr 
2%
more | |
Deputy Formulation Development Manager salary at Cipla ranges between ₹7.1
Lakhs
to ₹15
Lakhs
per year for employees with experience between 9 years to 11 years. Salary
estimates are based on
4 latest salaries received
from various employees of Cipla.
Experience wise Cipla Deputy Formulation Development Manager salaries
Last Updated: 12 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 9 years (AmbitionBox Estimate) |
₹7.1
L/yr
- ₹13.4
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹4.2
L/yr
- ₹11.4
L/yr
|
Login to view exact salary
| |
| 11 years (AmbitionBox Estimate) |
₹12.2
L/yr
- ₹15
L/yr
|
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2w (edited)
peacemaker
·
works at
Georgia-Pacific
New offer. Confused.
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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Cipla Deputy Formulation Development Manager Salary FAQs
What is the salary of Deputy Formulation Development Manager at Cipla ?
The average salary of a Deputy Formulation Development Manager at Cipla in India typically ranges from ₹7.1 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 9 years to 11 years).
The top 10% of Deputy Formulation Development Manager at Cipla earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Deputy Formulation Development Manager Salaries at Cipla 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 Cipla employees in India.
The top 10% of Deputy Formulation Development Manager at Cipla earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Deputy Formulation Development Manager Salaries at Cipla 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 Cipla employees in India.
What is the estimated take home salary of a Deputy Formulation Development Manager at Cipla in India?
The estimated take-home salary of a Deputy Formulation Development Manager at Cipla in India typically ranges from ₹76,274 to ₹78,251 per month. This is based on the average salary range of
₹7.1 Lakhs to ₹15.0 Lakhs
per year for employees with experience ranging from 9 years to 11 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 Cipla. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Cipla for Deputy Formulation Development Manager in India?
| Cadila Pharmaceuticals | ₹9.6 Lakhs to ₹12.5 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Cipla, depending on the role and experience level.
How the salary growth look like for a Deputy Formulation Development Manager at Cipla in India?
The salary growth for a Deputy Formulation Development Manager at Cipla depends on factors such as experience, performance, and promotions. On average, a Deputy Formulation Development Manager can expect the following growth trajectory at Cipla:
and so on.
| Experience | Average Salary Range |
|---|---|
| 9 years | ₹7.1 Lakhs to ₹13.4 Lakhs per year |
| 10 years | ₹4.2 Lakhs to ₹11.4 Lakhs per year |
| 11 years | ₹12.2 Lakhs to ₹15.0 Lakhs per year |
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Cipla Deputy Formulation Development Manager salary
in
India
ranges between ₹7.1
Lakhs to ₹15
Lakhs with an average annual salary of
₹
. Salary estimates are based on
4
Cipla latest salaries received from various employees of
Cipla.