Merck Accounts & Finance Executive Salaries by 5 Employees

2 - 5 years exp.

₹2.4 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

25% less than the average Accounts & Finance Executive Salary in Pharma Companies for 2 - 5 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Merck for Accounts & Finance Executive

Company name	Avg Annual Salary	Open Jobs
Abbott Accounts & Finance Executive Salary 5 - 12 years exp. (9 salaries)	₹3.6 L/yr - ₹7.1 L/yr 76% more
Apex Laboratories Accounts & Finance Executive Salary 2 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹4.1 L/yr 7% less
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Hetero Accounts & Finance Executive Salary 2 - 11 years exp. (4 salaries)	₹2.5 L/yr - ₹3.7 L/yr 4% more
Sanofi Accounts & Finance Executive Salary 8 - 14 years exp. (4 salaries)	₹9.3 L/yr - ₹16 L/yr 288% more
GlaxoSmithKline Pharmaceuticals Accounts & Finance Executive Salary 7 - 12 years exp. (4 salaries)	₹4.3 L/yr - ₹5.1 L/yr 54% more
Teva Pharmaceuticals Accounts & Finance Executive Salary 3 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹5 L/yr 40% more
Piramal Pharma Accounts & Finance Executive Salary 11 - 13 years exp. (3 salaries)	₹6 L/yr - ₹10.2 L/yr 148% more

Accounts & Finance Executive salary at Merck ranges between ₹2.4 Lakhs to ₹3.3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Merck.

Experience wise Merck Accounts & Finance Executive salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

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Salary related reviews for Merck

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Likes

This review is related to the initial interview process with HR.

Dislikes

Initial interview with HR was chokingly disrespectful. HR representative was abrupt and inflexible. The tone of her voice and her overall communication style were passive aggressive. She indicated that per MERCK policy she will not share nor communicate any salary/compensation information and she "demanded" from the candidate to provide that information instead. - definitely a turn off. Will not join.

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In the Merck nothing else about the dislike but one things that It has to give learning programme for more and more.

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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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Merck Accounts & Finance Executive Salary FAQs

What is the salary of Accounts & Finance Executive at Merck ?

The average salary of a Accounts & Finance Executive at Merck in India typically ranges from ₹2.4 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Accounts & Finance Executive at Merck earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Accounts & Finance Executive Salaries at Merck 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 5 Merck employees in India.

What is the estimated take home salary of a Accounts & Finance Executive at Merck in India?

The estimated take-home salary of a Accounts & Finance Executive at Merck in India typically ranges from ₹21,606 to ₹23,095 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 2 years to 5 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 5 salaries received from various employees of Merck. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Merck for Accounts & Finance Executive in India?

Sanofi	₹9.3 Lakhs to ₹16.0 Lakhs per year
Piramal Pharma	₹6.0 Lakhs to ₹10.2 Lakhs per year
Abbott	₹3.6 Lakhs to ₹7.1 Lakhs per year
GlaxoSmithKline Pharmaceuticals	₹4.3 Lakhs to ₹5.1 Lakhs per year
Teva Pharmaceuticals	₹3.2 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Accounts & Finance Executive in companies similar to Merck in India?

The salary of a Accounts & Finance Executive at companies similar to Merck in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hetero	₹2.5 Lakhs to ₹3.7 Lakhs per year
Apex Laboratories	₹2.1 Lakhs to ₹4.1 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 Accounts & Finance Executive at Merck in India?

The salary growth for a Accounts & Finance Executive at Merck depends on factors such as experience, performance, and promotions. On average, a Accounts & Finance Executive can expect the following growth trajectory at Merck:

Experience	Average Salary Range
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Merck Accounts & Finance Executive Salaries

Merck Accounts & Finance Executive salary in India ranges between ₹2.4 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Merck latest salaries received from various employees of Merck.

Merck Accounts & Finance Executive salaries in India

Companies similar to Merck for Accounts & Finance Executive

Latest annual salaries shared by Merck Accounts & Finance Executive

Experience wise Merck Accounts & Finance Executive salaries

Similar Designation salaries in Merck

Salary related reviews for Merck

Interview Process: Disrespectful And Aggressive HR in Quebec

Senior Analyst-SCM in Bangalore / Bengaluru

Medical Representative in Mumbai

Therapy Manager in Mumbai

Forecasting Manager in Pune

Merck Accounts & Finance Executive Salary FAQs

Tell us how to improve this page.