Medtronic Chennai Territory Manager Salaries by 9 Employees (Updated 2024)

3 - 11 years exp.

₹9.5 Lakhs - ₹12 Lakhs

Salary of majority employees

43% more than the average Territory Manager Salary in Pharma Companies for 3 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Marketing & Communication Territory Manager Salary 7 - 11 years exp. (3 salaries)	₹9.5 L/yr - ₹13.4 L/yr
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Sales & Business Development Territory Manager Salary 6 - 7 years exp. (3 salaries)	₹10 L/yr - ₹11.9 L/yr

Last Updated: 30 Aug 2024

Companies similar to Medtronic for Territory Manager in Chennai

Medtronic Territory Manager Salary

3 - 11 years exp. (9 salaries)

₹9.5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Abbott Territory Manager Salary 4 - 7 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 48% less	3 job openings
Boston Scientific Territory Manager Salary 3 - 10 years exp. (4 salaries)	₹12 L/yr - ₹14 L/yr 18% more
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Wockhardt Territory Manager Salary 4 - 8 years exp. (6 salaries)	₹3.3 L/yr - ₹5 L/yr 65% less
Fresenius Kabi Territory Manager Salary 2 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr 60% less
IDFC FIRST Bank Territory Manager Salary 1 - 12 years exp. (48 salaries)	₹4.8 L/yr - ₹12 L/yr 27% less	4 job openings

Territory Manager salary at Medtronic ranges between ₹9.5 Lakhs to ₹12 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 9 latest salaries received from various employees of Medtronic.

Experience wise Medtronic Territory Manager salaries in Chennai

Last Updated: 30 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
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5 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹19.6 L/yr
6 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹20.1 L/yr
7 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹20.6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹11.9 L/yr
9 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹21.6 L/yr
10 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
11 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹22.6 L/yr

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Similar Designation salaries in Medtronic

Area Manager Salary

(6 salaries)

₹15 L/yr - ₹20 L/yr

Territory Sales Manager Salary

(5 salaries)

₹9.37 L/yr - ₹14.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹12 L/yr - ₹20 L/yr

Top skills at Medtronic for Territory Manager

Sales Medical Devices Business Development Market Development Cardiac Healthcare Key Accounts Cardiology cardiovascular Surgical Market Research Customer Relationship Medical Equipment Administration Account Management

Salary related reviews for Medtronic

3.0

Rated by 1 employees for salary & benefits

Sales Executive in Kolkata

Full Time

Healthcare & Life Sciences Department

5.0

• posted on 09 May 2024

3.0

for Salary and Benefits

Likes

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

Dislikes

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

Business Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 09 May 2024

4.0

for Salary and Benefits

Likes

Always on time Salary. If targets has been achieved, so you'll get proper incentives for that. Foreign trips if company achieved yearly targets. Overall great company to work.

Dislikes

Well, first of all, if you are on the sales team, you'll be always on pressure, unless until your target is achieved. It will be total nightmare for you if haven't reached out to your target, your manager will be always on top of you. So work culture is good from the outside but it will be really a headache from inside.

Principal Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

5.0

• posted on 19 Jan 2024

4.0

for Salary and Benefits

Likes

The work life balance is awesome. Also the team interaction is good. All the team members are equally helpful and the company takes the upper hand to organise lot of events to improve team interactions.

Dislikes

The appraisal system and promotion and salary hikes.

Director in Mumbai

Full Time

Strategic & Top Management Department

4.0

• posted on 07 Jun 2023

5.0

for Salary and Benefits

Likes

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

Dislikes

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

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 04 Feb 2022

3.0

for Salary and Benefits

Likes

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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Medtronic Territory Manager Salary FAQs

What is the salary of Territory Manager at Medtronic Chennai?

Territory Manager salary at Medtronic in Chennai ranges between ₹9.5 Lakhs to ₹12.0 Lakhs for experience between 3 years to 11 years. According to our estimates it is 43% more than the average Territory Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Medtronic Chennai.

How does the salary of a Territory Manager at Medtronic Chennai compare with the average salary range for this job?

The average salary of a Territory Manager at Medtronic is 43% more than the average salary of a Territory Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Manager at Medtronic?

Sales, Medical Devices, Business Development, Market Development and Cardiac are some of the popular skills required to work as a Territory Manager at Medtronic Chennai.

Which similar companies are paying more than Medtronic to a Territory Manager in Chennai?

Boston Scientific Territory Manager Salary - ₹12.0 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Territory Manager in companies similar to Medtronic in Chennai?

IDFC FIRST Bank Territory Manager Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year
Abbott Territory Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Fresenius Kabi Territory Manager Salary - ₹3.8 Lakhs to ₹4.8 Lakhs per year
Wockhardt Territory Manager Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Territory Manager at Medtronic in Chennai?

The estimated take-home salary of a Territory Manager at Medtronic ranges between ₹81,600 per month to ₹83,728 per month in Chennai. The take-home salary calculation is based on the average Medtronic Territory Manager salary in India which ranges between ₹9.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Territory Manager at Medtronic in Chennai?

According to AmbitionBox, 100% of the Medtronic Territory Managers in Chennai reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Medtronic Territory Manager Salaries in Chennai

Medtronic Territory Manager salary in Chennai ranges between ₹9.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Medtronic latest salaries received from various employees of Medtronic.