Magicine-Pharma Executive Accountant Salaries by 2 Employees (Updated 2025)

3 - 4 years exp.

₹3.7 Lakhs - ₹4.7 Lakhs

Low Confidence

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Last Updated: 2 Dec 2024

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Executive Accountant salary at Magicine-Pharma ranges between ₹3.7 Lakhs to ₹4.7 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 2 latest salaries received from various employees of Magicine-Pharma.

Similar Designation salaries in Magicine-Pharma

Accounts Officer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for Magicine-Pharma

Content Writer in New Delhi

Full Time

Other Department

3.0

• posted on 25 Aug 2024

1.0

for Salary and Benefits

Likes

non

Dislikes

Rules are inconsistent and often change based on the owner's mood. Salaries are not paid on time. New rules are frequently introduced to deduct salaries unexpectedly. While salaries are reduced to 50% during work-from-home periods, some employees still receive 100%. Employees receive no benefits. In this company, a half day is considered to be until 4-5 p.m., unlike the usual 2 p.m. standard in other companies. The owner often taunts employees publicly whenever the opportunity arises. Obtaining documents such as offer letters or appointment letters is very difficult in this company. A portion of employees' salaries is deducted as a "dip" or "bonus," which will only be refunded after 18 months. To recover this amount, you must work for an additional year, and the cycle continues.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Magicine-Pharma Executive Accountant Salary FAQs

What is the notice period for Executive Accountant at Magicine-Pharma?

According to AmbitionBox, 100% of the Magicine-Pharma Executive Accountants reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Magicine-Pharma Executive Accountant Salaries

Magicine-Pharma Executive Accountant salary in India ranges between ₹3.7 Lakhs to ₹4.7 Lakhs. This is an estimate based on latest salaries received from employees of Magicine-Pharma.