Lyka Labs Formulation and Development Manager Salaries by 3 Employees (Updated 2024)

10 - 12 years exp.

₹11 Lakhs - ₹11.9 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Formulation and Development Manager Salary in Pharma Companies for 10 - 12 years of experience

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Last Updated: 23 Jan 2024

Companies similar to Lyka Labs for Formulation and Development Manager

Company name	Avg Annual Salary	Open Jobs
Raptakos Brett and Company Formulation and Development Manager Salary 16 - 18 years exp. (3 salaries)	₹16.6 L/yr - ₹18.5 L/yr 54% more
ZIM Laboratories Formulation and Development Manager Salary 11 - 14 years exp. (4 salaries)	₹15 L/yr - ₹21.4 L/yr 50% more
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Sri Krishna Pharmaceuticals Formulation and Development Manager Salary 8 - 9 years exp. (4 salaries)	₹13.5 L/yr - ₹14.9 L/yr 25% more
MERX HEALTHCARE Formulation and Development Manager Salary 13 - 16 years exp. (4 salaries)	₹14 L/yr - ₹16.5 L/yr 30% more
J.Duncan Formulation and Development Manager Salary 14 - 17 years exp. (4 salaries)	₹13 L/yr - ₹14.8 L/yr 23% more

Formulation and Development Manager salary at Lyka Labs ranges between ₹11 Lakhs to ₹11.9 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Lyka Labs.

Experience wise Lyka Labs Formulation and Development Manager salaries

Last Updated: 23 Jan 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
11 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
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12 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr

Similar Designation salaries in Lyka Labs

Formulation Scientist Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Research Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Research Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Chemist Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Officer Salary

(5 salaries)

₹2.4 L/yr - ₹2.8 L/yr

Salary related reviews for Lyka Labs

Executive in Gidc Ankleshwar

Full Time

Engineering - Software & QA Department

2.0

• posted on 12 Jun 2024

1.0

for Salary and Benefits

Likes

Flexible timing General sift Chance to learn manual work

Dislikes

No planing of production No give coff Less salary Partial culture Management and compny have communication gape Un planned odit and production.. No travelling allowce No lunch or meal provided No stable staff

Senior Sales Manager in Mumbai

Sales & Business Development Department

1.0

• posted on 11 Jun 2020

1.0

for Salary and Benefits

Likes

Nothing which to be appropriate Since day one politics in management I don't like anything in my tenure

Dislikes

Very poor Management full of politics Salary was not on Time, Not received full and final account settlement since I left Nobody picking my phone in office to tell about my settlement I don't think so I will be get my settlement even I have sent all the necessary documents for settlement

Junior Executive in Ankleshwar

Research & Development Department

3.0

• posted on 01 Nov 2018

3.0

for Salary and Benefits

Likes

Nice company to start carrier. I learned many things from here such as QC analysis, QA, documentation Micro analysis. I suggested fresher to join this company surely they will learn to much here rather then any where.

Dislikes

salary issue otherwise nice company.

Officer in Ankleshwar

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 26 Jul 2023

3.0

for Salary and Benefits

Likes

Total backward this company and there management, in this company union worker is everything, if union want to remove, anyone staff person can fired very easily

Dislikes

Everything, there are no work flow system, there is all female worker's work so you can't say a single word to them

Department Manager in Mumbai Grantroad

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 12 Apr 2024

1.0

for Salary and Benefits

Likes

Nothing is to be liked, horrible culture no good place to work. Terrible management. They don't know even how to speak to employee. Worst company in my life. If you have another option just go for that.

Dislikes

Every thing is to be dislike

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Lyka Labs Formulation and Development Manager Salary FAQs

What is the notice period for Formulation and Development Manager at Lyka Labs?

According to AmbitionBox, 100% of the Lyka Labs Formulation and Development Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Lyka Labs Formulation and Development Manager Salaries

Lyka Labs Formulation and Development Manager salary in India ranges between ₹11 Lakhs to ₹11.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lyka Labs latest salaries received from various employees of Lyka Labs.