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Merck Senior Financial Analyst salaries in India

Annual salary range
4 - 6 years exp.
₹5 Lakhs - ₹7.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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23% less than the average Senior Financial Analyst Salary in Pharma Companies for 4 - 6 years of experience

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Last Updated: 31 Oct 2023

Companies similar to Merck for Senior Financial Analyst

Company name Avg Annual Salary Open Jobs
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Novartis Senior Financial Analyst Salary

4 - 11 years exp. (177 salaries)

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₹8.4 L/yr - ₹21.5 L/yr

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1 job opening
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₹9.6 L/yr - ₹20 L/yr

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Bayer Senior Financial Analyst Salary

3 - 7 years exp. (4 salaries)

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₹5 L/yr - ₹9 L/yr

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Abbott Senior Financial Analyst Salary

5 - 8 years exp. (3 salaries)

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₹88.4 L/yr - ₹97.7 L/yr

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₹15 L/yr - ₹15.1 L/yr

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AstraZeneca Senior Financial Analyst Salary

4 - 13 years exp. (7 salaries)

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₹16 L/yr - ₹21.2 L/yr

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₹9.6 L/yr - ₹18.9 L/yr

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₹7.4 L/yr - ₹20 L/yr

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₹7 L/yr - ₹17.5 L/yr

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Senior Financial Analyst salary at Merck ranges between ₹5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Merck.

Latest annual salaries shared by Merck Senior Financial Analyst

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6 years exp.
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Experience wise Merck Senior Financial Analyst salaries

Last Updated: 31 Oct 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr

Similar Designation salaries in Merck

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₹4.2 L/yr - ₹6.1 L/yr
Senior Analyst Salary
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₹6.34 L/yr - ₹25 L/yr
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₹5.95 L/yr - ₹7 L/yr
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₹3.4 L/yr - ₹11.7 L/yr
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₹6.7 L/yr - ₹26.58 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Analyst Salary
(65 salaries)
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₹3.5 L/yr - ₹10.5 L/yr
Finance Executive Salary
(AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr
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₹5.5 L/yr - ₹7.5 L/yr
Accountant Salary
(4 salaries)
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₹3.1 L/yr - ₹9.95 L/yr

Salary related reviews for Merck

Research & Development Department

1.0
  •  posted on 06 May 2022

1.0
 for  Salary and Benefits

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.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Procurement & Supply Chain Department

2.0
  •  posted on 26 May 2022

1.0
 for  Salary and Benefits

Likes

Upper management always tries to involve and encourage all the employees all over the world.

Dislikes

Indian colleagues treated as inferior as comparison to other foreign employees missing opportunities and compensation is terrible

read more
  • Salary - Bad
  • +5 more

Marketing & Communication Department

5.0
  •  posted on 22 May 2018

5.0
 for  Salary and Benefits

Likes

It's about things are satisfied with the teammates, training, job security, salary, travel, working environment, as well as work life balance.......

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 29 Jul 2024

3.0
 for  Salary and Benefits

Likes

Overall it’s good culture company, but there is internal politics so that would be affect your personal growth.

  • Skill development - Excellent
  • +4 more

Dislikes

Biggest concern is BM’s not behaving like a manager, he is behaving like senior representative,

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 09 Jul 2023

4.0
 for  Salary and Benefits

Likes

We get ample time to develop our skills with training and hands on with projects. Work life balance is always the focus here. Sometime you might need to push, but thats always manageable.

read more
  • Salary - Good
  • +6 more

Dislikes

Promotions are delayed although annual increments are good

see more salary related reviews

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Merck Senior Financial Analyst Salary FAQs

What is the salary of Senior Financial Analyst at Merck ?
The average salary of a Senior Financial Analyst at Merck in India typically ranges from ₹5.0 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Senior Financial Analyst at Merck earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Senior Financial Analyst 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 4 Merck employees in India.
What is the estimated take home salary of a Senior Financial Analyst at Merck in India?
The estimated take-home salary of a Senior Financial Analyst at Merck in India typically ranges from ₹51,621 to ₹52,838 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 4 years to 6 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 Merck. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Merck for Senior Financial Analyst in India?
Abbott ₹88.4 Lakhs to ₹97.7 Lakhs per year
AstraZeneca ₹16.0 Lakhs to ₹21.2 Lakhs per year
Agilent Technologies ₹7.4 Lakhs to ₹20.0 Lakhs per year
Novartis ₹8.4 Lakhs to ₹21.5 Lakhs per year
Bristol-Myers Squibb ₹15.0 Lakhs to ₹15.1 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 Senior Financial Analyst in companies similar to Merck in India?
The salary of a Senior Financial Analyst at companies similar to Merck in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Novartis Healthcare ₹9.6 Lakhs to ₹18.9 Lakhs per year
Johnson & Johnson ₹9.6 Lakhs to ₹20.0 Lakhs per year
Teva Pharmaceuticals ₹7.0 Lakhs to ₹17.5 Lakhs per year
Bayer ₹5.0 Lakhs to ₹9.0 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 Senior Financial Analyst at Merck in India?
The salary growth for a Senior Financial Analyst at Merck depends on factors such as experience, performance, and promotions. On average, a Senior Financial Analyst can expect the following growth trajectory at Merck:

Experience Average Salary Range
4 years ₹6.3 Lakhs to ₹8.0 Lakhs per year
5 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
6 years ₹6.8 Lakhs to ₹8.6 Lakhs per year
and so on.

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Merck Senior Financial Analyst salary in India ranges between ₹5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Merck latest salaries received from various employees of Merck.