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Merck Territory Business Manager salaries in India

Annual salary range
0 - 13 years exp.
₹6.3 Lakhs - ₹8.2 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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7% more than the average Territory Business Manager Salary in Pharma Companies for 0 - 13 years of experience

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Salaries in different departments

Sales & Business Development
Territory Business Manager Salary
8 - 13 years exp. (3 salaries)
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₹6.8 L/yr - ₹8.2 L/yr

Marketing & Communication
Territory Business Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹6.9 L/yr

Last Updated: 29 May 2024

Companies similar to Merck for Territory Business Manager

Company name Avg Annual Salary Open Jobs
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Pfizer Territory Business Manager Salary

2 - 10 years exp. (5 salaries)

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₹2.5 L/yr - ₹6.7 L/yr

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₹4.1 L/yr - ₹9 L/yr

arrow icon 12% less
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Novartis Territory Business Manager Salary

5 - 11 years exp. (30 salaries)

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₹5.3 L/yr - ₹9 L/yr

arrow icon 11% more
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₹3.1 L/yr - ₹3.3 L/yr

arrow icon 55% less
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Sanofi Territory Business Manager Salary

6 - 14 years exp. (6 salaries)

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₹6.3 L/yr - ₹9.4 L/yr

arrow icon 12% more
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Bayer Territory Business Manager Salary

1 - 12 years exp. (114 salaries)

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₹4.6 L/yr - ₹16 L/yr

arrow icon 57% more
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Abbott Territory Business Manager Salary

1 - 14 years exp. (869 salaries)

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₹2.1 L/yr - ₹9.3 L/yr

arrow icon 16% less
77 job openings
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AstraZeneca Territory Business Manager Salary

2 - 17 years exp. (231 salaries)

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₹3.5 L/yr - ₹12 L/yr

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₹4.1 L/yr - ₹10.6 L/yr

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Micro Labs Territory Business Manager Salary

0 - 9 years exp. (10 salaries)

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₹3 L/yr - ₹5 L/yr

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₹3.5 L/yr - ₹9.4 L/yr

At par
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₹6.4 L/yr - ₹7.8 L/yr

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₹3.2 L/yr - ₹6.4 L/yr

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Viatris Territory Business Manager Salary

4 - 12 years exp. (3 salaries)

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₹5 L/yr - ₹7.2 L/yr

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₹3.5 L/yr - ₹6.2 L/yr

arrow icon 36% less
Territory Business Manager salary at Merck ranges between ₹6.3 Lakhs to ₹8.2 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Merck.

Latest annual salaries shared by Merck Territory Business Manager

8mo ago
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13 years exp.
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12 years exp.
1y ago
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8 years exp.
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4 years exp.

Experience wise Merck Territory Business Manager salaries

Last Updated: 29 May 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹6.3 L/yr - ₹6.3 L/yr
1 year (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr
2 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
4 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹11.8 L/yr
View all

Similar Designation salaries in Merck

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₹5.7 L/yr - ₹8.5 L/yr
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₹3.5 L/yr - ₹13.27 L/yr
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₹12 L/yr - ₹30 L/yr
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₹10.2 L/yr - ₹16.31 L/yr
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₹3.3 L/yr - ₹10 L/yr
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₹14.1 L/yr - ₹28 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
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₹3.9 L/yr - ₹14 L/yr
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₹3.6 L/yr - ₹5.8 L/yr
Business Officer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Merck

4.9

Rated by 3 employees for salary & benefits

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

 · 

Data Science & Analytics Department

3.0
  •  posted on 20 Feb 2025

3.0
 for  Salary and Benefits

Likes

Variable pay

  • Job security - Good

Dislikes

Lack of promotion for people who are deserving. Poor skillset people holding higher designation and wanna be leaders with zero to no technical skill.

read more
  • Skill development - Bad
  • +3 more

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

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,

see more salary related reviews

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Merck Territory Business Manager Salary FAQs

What is the salary of Territory Business Manager at Merck ?
The average salary of a Territory Business Manager at Merck in India typically ranges from ₹6.3 Lakhs to ₹8.2 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Territory Business Manager at Merck earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Territory Business Manager 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 Territory Business Manager at Merck in India?
The estimated take-home salary of a Territory Business Manager at Merck in India typically ranges from ₹52,481 to ₹53,785 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from Fresher to 13 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 Territory Business Manager in India?
Bayer ₹4.6 Lakhs to ₹16.0 Lakhs per year
AstraZeneca ₹3.5 Lakhs to ₹12.0 Lakhs per year
Sanofi ₹6.3 Lakhs to ₹9.4 Lakhs per year
Novartis ₹5.3 Lakhs to ₹9.0 Lakhs per year
Roche Diagnostics ₹6.4 Lakhs to ₹7.8 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 Territory Business Manager in companies similar to Merck in India?
The salary of a Territory Business Manager at companies similar to Merck in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Novartis Healthcare ₹3.5 Lakhs to ₹9.4 Lakhs per year
MSD Pharmaceuticals ₹4.1 Lakhs to ₹10.6 Lakhs per year
GlaxoSmithKline Pharmaceuticals ₹4.1 Lakhs to ₹9.0 Lakhs per year
Abbott ₹2.1 Lakhs to ₹9.3 Lakhs per year
Viatris ₹5.0 Lakhs to ₹7.2 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 Territory Business Manager at Merck in India?
The salary growth for a Territory Business Manager at Merck depends on factors such as experience, performance, and promotions. On average, a Territory Business Manager can expect the following growth trajectory at Merck:

Experience Average Salary Range
Fresher ₹6.3 Lakhs to ₹6.3 Lakhs per year
1 year ₹5.7 Lakhs to ₹7.2 Lakhs per year
2 years ₹5.7 Lakhs to ₹7.2 Lakhs per year
3 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
and so on.

Tell us how to improve this page.

Merck Territory Business Manager salary in India ranges between ₹6.3 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Merck latest salaries received from various employees of Merck.