Meril Senior Territory Business Manager Salaries by 2 Employees

9 - 10 years exp.

₹8.2 Lakhs - ₹10.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 26 Dec 2023

Companies similar to Meril for Senior Territory Business Manager

Company name	Avg Annual Salary	Open Jobs
Dr. Reddy's Senior Territory Business Manager Salary 2 - 10 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 45% less
Novartis Senior Territory Business Manager Salary 10 - 14 years exp. (5 salaries)	₹8 L/yr - ₹10.5 L/yr 4% less
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Indoco Remedies Senior Territory Business Manager Salary 1 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹3.6 L/yr 70% less
Abbott Senior Territory Business Manager Salary 6 - 14 years exp. (73 salaries)	₹3.5 L/yr - ₹8.1 L/yr 37% less
Gulf Oil Lubricants Senior Territory Business Manager Salary 11 - 15 years exp. (34 salaries)	₹10 L/yr - ₹18.9 L/yr 70% more

Senior Territory Business Manager salary at Meril ranges between ₹8.2 Lakhs to ₹10.5 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Meril.

Similar Designation salaries in Meril

Territory Business Manager Salary

(6 salaries)

₹5.5 L/yr - ₹7 L/yr

Regional Business Manager Salary

(4 salaries)

₹11.5 L/yr - ₹20.5 L/yr

Territory Sales Manager Salary

(174 salaries)

₹3 L/yr - ₹9.7 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Business Manager Salary

(4 salaries)

₹5.83 L/yr - ₹21.95 L/yr

Area Sales Manager Salary

(206 salaries)

₹4 L/yr - ₹14 L/yr

Regional Manager Salary

(5 salaries)

₹13.25 L/yr - ₹16 L/yr

Territory Executive Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Territory Sales Executive Salary

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₹3.1 L/yr - ₹6.5 L/yr

Salary related reviews for Meril

Territory Sales Manager in Mumbai

Full Time

Other Department

2.0

• posted on 07 Apr 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

As a sales person you will have to workb18 hours, full on pressure. Work on Sunday also with no Compensation. You have to work from the ground level to Upper level with no guidande, so much miss communication. No proffesionalism at all.

Salary - Poor

+5 more

Territory Sales Manager in J B Nagar

Full Time

Sales & Business Development Department

3.0

• posted on 08 May 2023

1.0

for Salary and Benefits

Likes

Company has big nmbr of products with good rates

Job security - Good

+1 more

Dislikes

No salary in comparison as per the market, as per other companies Sometimes expenses money does not come on time Company's products have pathetic quality

Salary - Bad

+1 more

Area Sales Manager in Trichy

Full Time

Sales & Business Development Department

3.0

• posted on 22 Nov 2023

4.0

for Salary and Benefits

Likes

AM WORKING IN MERIL AROUND 4 YEAR'S, SUPER PRODUCTS, SALARY ON TIME.

Salary - Good

+3 more

Dislikes

It's manager driven company,no HR is there, Meril HR Salary is waste of money,it's useless, Job security is not there,only stock dumping is doing,primary Sales only happened with out secondary Sales. After resignation in 2 years , i didn't receive my salttlement also.

Job security - Poor

+1 more

Territory Sales Manager in Mumbai

Sales & Business Development Department

1.0

• posted on 26 Mar 2021

3.0

for Salary and Benefits

Likes

Compensation and benefits is quite good

Dislikes

I never recomend anyone to join this company...there are lot of complaints from the doctors regarding the company's products, also superior's are doing inter politics,so there is no job guarantee, so I never recomend

Skill development - Poor

+5 more

Territory Sales Manager in Mumbai

Healthcare & Life Sciences Department

4.0

• posted on 12 Mar 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base

Salary - Good

+5 more

Dislikes

The Compensation is decent as don't get the incentive on time and the expenses also get delay by 10 days. But the work pressure is high

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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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Meril Senior Territory Business Manager Salary FAQs

How the salary growth look like for a Senior Territory Business Manager at Meril in India?

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

Experience	Average Salary Range
9 years	₹8.2 Lakhs to ₹10.5 Lakhs per year
10 years	₹8.2 Lakhs to ₹10.5 Lakhs per year

and so on.

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Meril Senior Territory Business Manager Salaries

Meril Senior Territory Business Manager salary in India ranges between ₹8.2 Lakhs to ₹10.5 Lakhs. This is an estimate based on latest salaries received from employees of Meril.