Merck Senior Territory Business Executive Salaries by 3 Employees

4 - 8 years exp.

₹3.6 Lakhs - ₹4.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

58% less than the average Senior Territory Business Executive Salary in Pharma Companies for 4 - 8 years of experience

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Salaries in different departments

Marketing & Communication Senior Territory Business Executive Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Healthcare & Life Sciences Senior Territory Business Executive Salary 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 3 Sep 2023

Companies similar to Merck for Senior Territory Business Executive

Company name	Avg Annual Salary	Open Jobs
Novartis Senior Territory Business Executive Salary 10 - 15 years exp. (57 salaries)	₹6.3 L/yr - ₹12 L/yr 150% more
Novartis Healthcare Senior Territory Business Executive Salary 10 - 17 years exp. (42 salaries)	₹7.4 L/yr - ₹12.1 L/yr 158% more
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Abbott Senior Territory Business Executive Salary 6 - 10 years exp. (9 salaries)	₹3.6 L/yr - ₹5.5 L/yr 7% more
Pfizer Senior Territory Business Executive Salary 9 - 14 years exp. (5 salaries)	₹5.7 L/yr - ₹7.5 L/yr 68% more
J B Chemicals And Pharmaceuticals Senior Territory Business Executive Salary 11 - 18 years exp. (4 salaries)	₹9 L/yr - ₹13.7 L/yr 201% more

Senior Territory Business Executive salary at Merck ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Merck.

Experience wise Merck Senior Territory Business Executive salaries

Last Updated: 3 Sep 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

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Salary related reviews for Merck

4.0

Rated by 1 employees for salary & benefits

Medical Representative in Mumbai

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.......

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.

Interview Process: Disrespectful And Aggressive HR in Quebec

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.

Salary - Bad

+6 more

Senior Analyst-SCM in Bangalore / Bengaluru

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

Salary - Bad

+5 more

Therapy Manager in Mumbai

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,

Forecasting Manager in Pune

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.

Salary - Good

+6 more

Dislikes

Promotions are delayed although annual increments are good

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Salary Discussions, Hike & Promotions

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 Senior Territory Business Executive Salary FAQs

How the salary growth look like for a Senior Territory Business Executive at Merck in India?

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

Experience	Average Salary Range
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
7 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
8 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Merck Senior Territory Business Executive Salaries

Merck Senior Territory Business Executive salary in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Merck latest salaries received from various employees of Merck.