Medtronic Business Development Manager Salaries by 4 Employees

2 - 10 years exp.

₹3 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

46% more than the average Business Development Manager Salary in Medical Equipment Companies for 2 - 10 years of experience

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Salaries in different departments

Marketing & Communication Business Development Manager Salary 3 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹13.2 L/yr
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Sales & Business Development Business Development Manager Salary 2 - 10 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹16 L/yr

Last Updated: 22 Nov 2024

Companies similar to Medtronic for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Stryker Business Development Manager Salary 8 - 18 years exp. (4 salaries)	₹10.3 L/yr - ₹23 L/yr 51% more
Medikabazaar Business Development Manager Salary 6 - 12 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr 56% less	1 job opening
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Smith & Nephew Healthcare Business Development Manager Salary 4 - 15 years exp. (4 salaries)	₹2.4 L/yr - ₹12.5 L/yr 35% less
SMC Corporation Business Development Manager Salary 3 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹19.1 L/yr 7% less
Gesco Healthcare Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹9 L/yr 47% less
Careon Healthcare Solutions Business Development Manager Salary 0 - 8 years exp. (4 salaries)	₹4.2 L/yr - ₹5.2 L/yr 57% less
GKB RX Lens Business Development Manager Salary 8 - 17 years exp. (3 salaries)	₹7 L/yr - ₹8.6 L/yr 27% less
Ami Polymer Business Development Manager Salary 8 - 18 years exp. (3 salaries)	₹9.8 L/yr - ₹15.8 L/yr 16% more
Trivitron Healthcare Business Development Manager Salary 8 - 19 years exp. (3 salaries)	₹7.5 L/yr - ₹26 L/yr 79% more

Business Development Manager salary at Medtronic ranges between ₹3 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Medtronic.

Experience wise Medtronic Business Development Manager salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr
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10 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr

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Top skills at Medtronic for Business Development Manager

Market Development HR Market Research Sales Healthcare

Salary related reviews for Medtronic

Sales Executive in Kolkata

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• posted on 09 May 2024

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Fortune 500 company! Great culture and ethics. Very well help to maintain work life balance. So many verticals to work on.

Skill development - Excellent

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Salary structure and appraisal in some divisions. Hard to negotiate with HR!

Director in Mumbai

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4.0

• posted on 07 Jun 2023

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Great compensation and benefits Good products that are accepted well by customers Meritocratic culture in most teams

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Frequent changes in management Job is not secure Weak processes hence getting work done is not easy

Work-life balance - Poor

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 04 Feb 2022

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Likes

Meaningful work that serves the humanity. Great work culture. Perfect Work life balance. Framework to Innovate in every aspect.

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Dislikes

Slight disparity in terms of pay. Like any other Indian centres here also there are some managers who practice favoritism and that's spoiling the branding.

Senior Executive in Navi Mumbai

Full Time

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4.0

• posted on 19 Aug 2022

3.0

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Women empowerment, flexible hour working, employee friendly environment.

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Promotions and salary hikes depends upon your senior, even you work hard and do best in your role, noone promotes you until your senior want that. It was demotivating for me.

Opperations Coordinator in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

1.0

• posted on 17 Jan 2023

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Nothing neither the salary was good nor the behaviour of the management

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Medtronic Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Medtronic ?

The average salary of a Business Development Manager at Medtronic in India typically ranges from ₹3.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Business Development Manager at Medtronic earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Business Development Manager Salaries at Medtronic 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 Medtronic employees in India.

What is the estimated take home salary of a Business Development Manager at Medtronic in India?

The estimated take-home salary of a Business Development Manager at Medtronic in India typically ranges from ₹79,085 to ₹81,142 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 Medtronic. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Development Manager at Medtronic ?

To be a Business Development Manager at Medtronic in india, the key skills required include:

- Market Development
- HR
- Market Research
- Sales
- Healthcare

These skills are highly valued at Medtronic and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Medtronic for Business Development Manager in India?

Trivitron Healthcare	₹7.5 Lakhs to ₹26.0 Lakhs per year
Stryker	₹10.3 Lakhs to ₹23.0 Lakhs per year
Ami Polymer	₹9.8 Lakhs to ₹15.8 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Medtronic in India?

The salary of a Business Development Manager at companies similar to Medtronic in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SMC Corporation	₹3.6 Lakhs to ₹19.1 Lakhs per year
GKB RX Lens	₹7.0 Lakhs to ₹8.6 Lakhs per year
Smith & Nephew Healthcare	₹2.4 Lakhs to ₹12.5 Lakhs per year
Gesco Healthcare	₹3.0 Lakhs to ₹9.0 Lakhs per year
Medikabazaar	₹4.0 Lakhs to ₹6.0 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 Business Development Manager at Medtronic in India?

The salary growth for a Business Development Manager at Medtronic depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Medtronic:

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹11.3 Lakhs to ₹14.5 Lakhs per year
10 years	₹14.4 Lakhs to ₹18.4 Lakhs per year

and so on.

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Medtronic Business Development Manager Salaries

Medtronic Business Development Manager salary in India ranges between ₹3 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Medtronic latest salaries received from various employees of Medtronic.