Morningside Healthcare Manager Formulation Development Salaries by 3 Employees

12 - 15 years exp.

₹25 Lakhs - ₹32 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

82% more than the average Manager Formulation Development Salary for 12 - 15 years of experience

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Last Updated: 23 Dec 2023

Companies similar to Morningside Healthcare for Manager Formulation Development

Company name	Avg Annual Salary	Open Jobs
Alkem Laboratories Manager Formulation Development Salary 12 - 16 years exp. (4 salaries)	₹17.9 L/yr - ₹21.2 L/yr 28% less
Kenpack Pharma Manager Formulation Development Salary 5 - 8 years exp. (4 salaries)	₹10.5 L/yr - ₹10.8 L/yr 61% less
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Aizant Drug Research Solutions Manager Formulation Development Salary 11 - 12 years exp. (3 salaries)	₹11 L/yr - ₹16 L/yr 48% less
Bayer Manager Formulation Development Salary 10 - 34 years exp. (3 salaries)	₹17.5 L/yr - ₹21 L/yr 29% less
Ultra Laboratories Manager Formulation Development Salary 14 - 16 years exp. (3 salaries)	₹10.7 L/yr - ₹11.5 L/yr 59% less

Manager Formulation Development salary at Morningside Healthcare ranges between ₹25 Lakhs to ₹32 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Morningside Healthcare.

Experience wise Morningside Healthcare Manager Formulation Development salaries

Last Updated: 23 Dec 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
13 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
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15+ years (AmbitionBox Estimate)	₹28.8 L/yr - ₹36.8 L/yr

Similar Designation salaries in Morningside Healthcare

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₹9.5 L/yr - ₹12.1 L/yr

Pharmacovigilance Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Executive Regulatory Affairs Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

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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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Morningside Healthcare Manager Formulation Development Salary FAQs

How the salary growth look like for a Manager Formulation Development at Morningside Healthcare in India?

The salary growth for a Manager Formulation Development at Morningside Healthcare depends on factors such as experience, performance, and promotions. On average, a Manager Formulation Development can expect the following growth trajectory at Morningside Healthcare:

Experience	Average Salary Range
12 years	₹22.5 Lakhs to ₹28.8 Lakhs per year
13 years	₹22.5 Lakhs to ₹28.8 Lakhs per year
15 years	₹28.8 Lakhs to ₹36.8 Lakhs per year

and so on.

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Morningside Healthcare Manager Formulation Development Salaries

Morningside Healthcare Manager Formulation Development salary in India ranges between ₹25 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Morningside Healthcare latest salaries received from various employees of Morningside Healthcare.