Neon Laboratories Formulation Scientist Salaries by 3 Employees

1 - 4 years exp.

₹2.1 Lakhs - ₹3.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

62% less than the average Formulation Scientist Salary in Pharma Companies for 1 - 4 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Neon Laboratories for Formulation Scientist

Company name	Avg Annual Salary	Open Jobs
Strides Pharma Formulation Scientist Salary 1 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.6 L/yr 88% more
Natco Pharma Formulation Scientist Salary 4 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹8.9 L/yr 130% more
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Unichem Laboratories Formulation Scientist Salary 0 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹7 L/yr 71% more
ZIM Laboratories Formulation Scientist Salary 2 - 12 years exp. (3 salaries)	₹3.2 L/yr - ₹13.5 L/yr 151% more
Shilpa Medicare Formulation Scientist Salary 1 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 6% less
Abbott Formulation Scientist Salary 5 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹12.5 L/yr 287% more

Formulation Scientist salary at Neon Laboratories ranges between ₹2.1 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Neon Laboratories.

Experience wise Neon Laboratories Formulation Scientist salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Neon Laboratories

Research Scientist Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Pharmacist Salary

(7 salaries)

₹2.4 L/yr - ₹3 L/yr

Chemist Salary

(8 salaries)

₹2 L/yr - ₹3.12 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Officer Salary

(7 salaries)

₹4 L/yr - ₹6.35 L/yr

Research Associate Salary

(9 salaries)

₹2.4 L/yr - ₹3.7 L/yr

Officer Salary

(26 salaries)

₹2.4 L/yr - ₹5.55 L/yr

Research Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Research Associate Salary

(3 salaries)

₹3.2 L/yr - ₹5.2 L/yr

Salary related reviews for Neon Laboratories

2.0

Rated by 1 employees for salary & benefits

Territory Manager in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 11 Oct 2020

1.0

for Salary and Benefits

Likes

In covid 19 company not given proper salary to there employee so many trainee TM and Probation TM are at home without payment.. and also who have join Field work company not given there DA The culture was very bad.. Company says we are built Carrier but in this situation i think company was playing with employee Carrier

Dislikes

Salary - Bad
Job security - Bad

+4 more

Area Sales Manager in Mumbai East

Marketing & Communication Department

1.0

• posted on 01 Oct 2020

1.0

for Salary and Benefits

Likes

No support from company, internal politics is more,, company cut salary every month during lockdown,80%salary cutting,,Every time President says We are safe in Neon,....But I can say wouldn't safe in Neon.

Dislikes

Salary - Bad
Skill development - Poor

+4 more

Territory Sales Manager in Mumbai

Sales & Business Development Department

1.0

• posted on 17 Jun 2022

1.0

for Salary and Benefits

Likes

3rd class company,work culture is terrible like you are everytime torcher by your senior.it is a wastage of your time and your carreer please go for another company don't join this

Dislikes

Career growth is zero Your salary is stucked

Salary - Bad

+6 more

Medical Representative in Mumbai

Other Department

1.0

• posted on 10 Oct 2020

1.0

for Salary and Benefits

Likes

...take of field employees. They did not permit me to work in since last 6 months. And salary also got giving to me. They still did not started field work for me.

Dislikes

Very poor company.

Salary - Bad

+6 more

Medical Representative in Mumbai

Marketing & Communication Department

2.0

• posted on 02 Feb 2019

2.0

for Salary and Benefits

Likes

Dislikes

Compensation is devent but growth is slow. The work pressure is very high. I have to work 12-14 hours straight in a day as i have to attend clint calls in the evening and sometimes latr into night. Managers do not value an induviduals' uniqur strengths.

Salary - Poor

+6 more

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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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Neon Laboratories Formulation Scientist Salary FAQs

How the salary growth look like for a Formulation Scientist at Neon Laboratories in India?

The salary growth for a Formulation Scientist at Neon Laboratories depends on factors such as experience, performance, and promotions. On average, a Formulation Scientist can expect the following growth trajectory at Neon Laboratories:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.4 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Neon Laboratories Formulation Scientist Salaries

Neon Laboratories Formulation Scientist salary in India ranges between ₹2.1 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Neon Laboratories latest salaries received from various employees of Neon Laboratories.

Neon Laboratories Formulation Scientist salaries in India

Companies similar to Neon Laboratories for Formulation Scientist

Latest annual salaries shared by Neon Laboratories Formulation Scientist

Experience wise Neon Laboratories Formulation Scientist salaries

Similar Designation salaries in Neon Laboratories

Salary related reviews for Neon Laboratories

Territory Manager in Mumbai

Area Sales Manager in Mumbai East

Territory Sales Manager in Mumbai

Medical Representative in Mumbai

Medical Representative in Mumbai

Neon Laboratories Formulation Scientist Salary FAQs

Tell us how to improve this page.