Iol Chemicals & Pharmaceuticals R&D Chemist Salaries by 4 Employees

0 - 8 years exp.

₹3.9 Lakhs - ₹5.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% more than the average R&D Chemist Salary in Pharma Companies for 0 - 8 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Iol Chemicals & Pharmaceuticals for R&D Chemist

Company name	Avg Annual Salary	Open Jobs
Hetero R&D Chemist Salary 0 - 2 years exp. (14 salaries)	₹1.2 L/yr - ₹3 L/yr 53% less
Piramal Pharma R&D Chemist Salary 0 - 2 years exp. (14 salaries)	₹1.4 L/yr - ₹3.5 L/yr 55% less
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Granules India R&D Chemist Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹3.5 L/yr 56% less
Shilpa Medicare R&D Chemist Salary 2 - 4 years exp. (4 salaries)	₹2 L/yr - ₹4.8 L/yr 35% less
Unichem Laboratories R&D Chemist Salary 0 - 2 years exp. (3 salaries)	₹1.1 L/yr - ₹2.4 L/yr 64% less
USV R&D Chemist Salary 4 - 6 years exp. (3 salaries)	₹7.9 L/yr - ₹8.7 L/yr 72% more

R&D Chemist salary at Iol Chemicals & Pharmaceuticals ranges between ₹3.9 Lakhs to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Iol Chemicals & Pharmaceuticals.

Experience wise Iol Chemicals & Pharmaceuticals R&D Chemist salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

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Salary related reviews for Iol Chemicals & Pharmaceuticals

Production Chemist in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Aug 2023

3.0

for Salary and Benefits

Likes

Good in all members of communication and behavior and all work si systematic and safety provision is good.

Job security - Good

+4 more

Dislikes

Fresher salary is more than 1&2 year experience person and only fresher hire local persons and after training not provide any vehicle on time

Chemist in Barnala

Research & Development Department

2.0

• posted on 02 May 2021

4.0

for Salary and Benefits

Likes

Company policies are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Bhut kam rehta tha QC me khana khane ka bhi time ni milta

Skill development - Poor

+5 more

Senior Chemist in Barnala

Healthcare & Life Sciences Department

1.0

• posted on 25 Apr 2021

3.0

for Salary and Benefits

Likes

Company policies is good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

...uage. There is a lot of politics and the management dose not address our issues. Salary is decent but career is slow for hardworker and job not secure due to politics.

Skill development - Bad

+4 more

Senior Executive in Barnala

Full Time

Media Production & Entertainment Department

4.0

• posted on 18 Jun 2024

5.0

for Salary and Benefits

Likes

Salary on time. Good increments as compared to other pharma and chemical industries.

Salary - Excellent

+6 more

Dislikes

Canteen food quality not so good in shifts than G shift. Smartphones are necessary upto E1 employess for more output. A.c bus might be started and increases the fare accordingly(in summer)

Assistant Engineer in Barnala

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Jul 2024

4.0

for Salary and Benefits

Likes

- Excellent Canteen facility & Food provided for Employees. - Cultural activities for employees - Bonus & gifts provided during Diwali Festival.

Salary - Good

+4 more

Dislikes

- Management is not satisfactory. - You have to learn each and everything at your own. - leg pulling system in employees.

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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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Iol Chemicals & Pharmaceuticals R&D Chemist Salary FAQs

What is the salary of R&D Chemist at Iol Chemicals & Pharmaceuticals ?

The average salary of a R&D Chemist at Iol Chemicals & Pharmaceuticals in India typically ranges from ₹3.9 Lakhs to ₹5.7 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of R&D Chemist at Iol Chemicals & Pharmaceuticals earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. R&D Chemist Salaries at Iol Chemicals & Pharmaceuticals 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 Iol Chemicals & Pharmaceuticals employees in India.

What is the estimated take home salary of a R&D Chemist at Iol Chemicals & Pharmaceuticals in India?

The estimated take-home salary of a R&D Chemist at Iol Chemicals & Pharmaceuticals in India typically ranges from ₹36,961 to ₹38,172 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from Fresher to 8 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 Iol Chemicals & Pharmaceuticals. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Iol Chemicals & Pharmaceuticals for R&D Chemist in India?

USV	₹7.9 Lakhs to ₹8.7 Lakhs per year

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

What is the salary of a R&D Chemist in companies similar to Iol Chemicals & Pharmaceuticals in India?

The salary of a R&D Chemist at companies similar to Iol Chemicals & Pharmaceuticals in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shilpa Medicare	₹2.0 Lakhs to ₹4.8 Lakhs per year
Hetero	₹1.2 Lakhs to ₹3.0 Lakhs per year
Piramal Pharma	₹1.4 Lakhs to ₹3.5 Lakhs per year
Granules India	₹1.8 Lakhs to ₹3.5 Lakhs per year
Unichem Laboratories	₹1.1 Lakhs to ₹2.4 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 R&D Chemist at Iol Chemicals & Pharmaceuticals in India?

The salary growth for a R&D Chemist at Iol Chemicals & Pharmaceuticals depends on factors such as experience, performance, and promotions. On average, a R&D Chemist can expect the following growth trajectory at Iol Chemicals & Pharmaceuticals:

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹5.1 Lakhs per year
1 year	₹4.7 Lakhs to ₹6.0 Lakhs per year
8 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Iol Chemicals & Pharmaceuticals R&D Chemist Salaries

Iol Chemicals & Pharmaceuticals R&D Chemist salary in India ranges between ₹3.9 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Iol Chemicals & Pharmaceuticals latest salaries received from various employees of Iol Chemicals & Pharmaceuticals.

Iol Chemicals & Pharmaceuticals R&D Chemist salaries in India

Companies similar to Iol Chemicals & Pharmaceuticals for R&D Chemist

Latest annual salaries shared by Iol Chemicals & Pharmaceuticals R&D Chemist

Experience wise Iol Chemicals & Pharmaceuticals R&D Chemist salaries

Similar Designation salaries in Iol Chemicals & Pharmaceuticals

Salary related reviews for Iol Chemicals & Pharmaceuticals

Production Chemist in Ludhiana

Chemist in Barnala

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Iol Chemicals & Pharmaceuticals R&D Chemist Salary FAQs

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