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Hitech Formulations Formulation & Development Executive salaries in India

Annual salary range
2 - 4 years exp.
₹3.7 Lakhs - ₹5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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32% less than the average Formulation & Development Executive Salary in Beauty & Personal Care Companies for 2 - 4 years of experience

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Salaries in different departments

Healthcare & Life Sciences
Formulation & Development Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹5 L/yr

Research & Development
Formulation & Development Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹4.6 L/yr

Last Updated: 21 Dec 2023

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₹5.9 L/yr - ₹7.5 L/yr

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₹7.2 L/yr - ₹10.6 L/yr

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₹5.4 L/yr - ₹9.2 L/yr

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Formulation & Development Executive salary at Hitech Formulations ranges between ₹3.7 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Hitech Formulations .

Latest annual salaries shared by Hitech Formulations Formulation & Development Executive

1y ago
₹4.6 Lakhs
4 years exp.
1y ago
₹5 Lakhs
3 years exp.
1y ago
₹4.2 Lakhs
4 years exp.

Experience wise Hitech Formulations Formulation & Development Executive salaries

Last Updated: 21 Dec 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹7.1 L/yr
3 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹4.6 L/yr

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₹3 L/yr - ₹3.7 L/yr
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₹1.95 L/yr - ₹2.3 L/yr
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₹3.8 L/yr - ₹6.7 L/yr
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₹4.7 L/yr - ₹6 L/yr
QC Officer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
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(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
QA Executive Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Hitech Formulations

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 07 Oct 2024

5.0
 for  Salary and Benefits

Likes

I enjoy the supportive atmosphere where new ideas are encouraged. Strong focus on Growth and learning by providing training regularly.

read more
  • Salary - Excellent
  • +6 more

Dislikes

At times, processes can feel a bit slow due to transitions but overall is good.

Full Time

 · 

Other Department

5.0
  •  posted on 05 Oct 2024

4.0
 for  Salary and Benefits

Likes

Here we get a great platform to learn and develop different skills that helps to develop career

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Dislikes

Sometimes it’s too hard to find the solution of a minor problem and have to go under lot of work pressure.

Full Time

 · 

Human Resources Department

5.0
  •  posted on 03 Oct 2024

5.0
 for  Salary and Benefits

Likes

Working at Hitech has been an enriching experience due to its focus on innovations and continuous learning which keeps me engaged and growing. The work culture at Hitech is supportive and collaborative which fosters a positive work environment.

read more
  • Salary - Excellent
  • +6 more

Dislikes

None

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Hitech Formulations Formulation & Development Executive Salary FAQs

What is the salary of Formulation & Development Executive at Hitech Formulations ?
The average salary of a Formulation & Development Executive at Hitech Formulations in India typically ranges from ₹3.7 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Formulation & Development Executive at Hitech Formulations earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Formulation & Development Executive Salaries at Hitech Formulations 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 Hitech Formulations employees in India.
What is the estimated take home salary of a Formulation & Development Executive at Hitech Formulations in India?
The estimated take-home salary of a Formulation & Development Executive at Hitech Formulations in India typically ranges from ₹31,234 to ₹32,530 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 Hitech Formulations . Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Hitech Formulations for Formulation & Development Executive in India?
Akums Drugs & Pharmaceuticals Limited ₹7.2 Lakhs to ₹10.6 Lakhs per year
Raptakos Brett and Company ₹6.6 Lakhs to ₹8.4 Lakhs per year
Rubicon Research ₹5.4 Lakhs to ₹9.2 Lakhs per year
Setu Nutrition ₹5.9 Lakhs to ₹7.5 Lakhs per year
Precise Chemipharma ₹4.0 Lakhs to ₹6.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Hitech Formulations , depending on the role and experience level.
How the salary growth look like for a Formulation & Development Executive at Hitech Formulations in India?
The salary growth for a Formulation & Development Executive at Hitech Formulations depends on factors such as experience, performance, and promotions. On average, a Formulation & Development Executive can expect the following growth trajectory at Hitech Formulations :

Experience Average Salary Range
2 years ₹3.7 Lakhs to ₹7.1 Lakhs per year
3 years ₹1.7 Lakhs to ₹5.0 Lakhs per year
4 years ₹4.2 Lakhs to ₹4.6 Lakhs per year
and so on.

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Hitech Formulations Formulation & Development Executive salary in India ranges between ₹3.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Hitech Formulations latest salaries received from various employees of Hitech Formulations .