Neon Laboratories Medical Sales Representative Salaries by 7 Employees

0 - 6 years exp.

₹2.1 Lakhs - ₹4.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

11% less than the average Medical Sales Representative Salary in Pharma Companies for 0 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Neon Laboratories for Medical Sales Representative

Company name	Avg Annual Salary	Open Jobs
Abbott Medical Sales Representative Salary 2 - 11 years exp. (39 salaries)	₹2.5 L/yr - ₹9.6 L/yr 62% more
Sanofi Medical Sales Representative Salary 1 - 9 years exp. (6 salaries)	₹2 L/yr - ₹6 L/yr 28% more
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Morepen Laboratories Medical Sales Representative Salary 1 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹3.2 L/yr 10% less
Natco Pharma Medical Sales Representative Salary 1 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.8 L/yr 22% more
Laborate Pharmaceuticals Medical Sales Representative Salary 1 - 4 years exp. (5 salaries)	₹0.1 L/yr - ₹3.5 L/yr 45% less
Jagsonpal Pharmaceuticals Medical Sales Representative Salary 1 - 13 years exp. (4 salaries)	₹2.8 L/yr - ₹3.8 L/yr At par
Lincoln Pharmaceuticals Medical Sales Representative Salary 1 - 15 years exp. (4 salaries)	₹2.4 L/yr - ₹4 L/yr 1% less
Jubilant Pharmova Medical Sales Representative Salary 1 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹4.8 L/yr 4% less
Blue Cross Laboratories Medical Sales Representative Salary 2 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr 14% less
Bal Pharma Medical Sales Representative Salary 7 - 23 years exp. (3 salaries)	₹3 L/yr - ₹6 L/yr 25% more
RPG Life Sciences Medical Sales Representative Salary 7 - 12 years exp. (3 salaries)	₹3.5 L/yr - ₹5.3 L/yr 40% more
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Medical Sales Representative salary at Neon Laboratories ranges between ₹2.1 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Neon Laboratories.

Experience wise Neon Laboratories Medical Sales Representative salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.2 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Neon Laboratories

Medical Representative Salary

(22 salaries)

₹1.8 L/yr - ₹4.25 L/yr

Sales Executive Salary

(6 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Area Sales Manager Salary

(77 salaries)

₹4.4 L/yr - ₹9.3 L/yr

Territory Sales Manager Salary

(3 salaries)

₹2.4 L/yr - ₹3.48 L/yr

Regional Business Manager Salary

(4 salaries)

₹5 L/yr - ₹6 L/yr

Marketing Executive Salary

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₹2.3 L/yr - ₹3.5 L/yr

Business Executive Salary

(AmbitionBox Estimate)

₹0.4 L/yr - ₹0.5 L/yr

Sales Manager Salary

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₹6.18 L/yr - ₹22 L/yr

Product Specialist Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Area Business Manager Salary

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₹5.5 L/yr - ₹6.55 L/yr

Salary related reviews for Neon Laboratories

5.0

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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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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Neon Laboratories Medical Sales Representative Salary FAQs

What is the salary of Medical Sales Representative at Neon Laboratories ?

The average salary of a Medical Sales Representative at Neon Laboratories in India typically ranges from ₹2.1 Lakhs to ₹4.8 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Medical Sales Representative at Neon Laboratories earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Medical Sales Representative Salaries at Neon Laboratories 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 7 Neon Laboratories employees in India.

What is the estimated take home salary of a Medical Sales Representative at Neon Laboratories in India?

The estimated take-home salary of a Medical Sales Representative at Neon Laboratories in India typically ranges from ₹23,390 to ₹24,853 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from Fresher to 6 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 7 salaries received from various employees of Neon Laboratories. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Neon Laboratories for Medical Sales Representative in India?

Abbott	₹2.5 Lakhs to ₹9.6 Lakhs per year
RPG Life Sciences	₹3.5 Lakhs to ₹5.3 Lakhs per year
Sanofi	₹2.0 Lakhs to ₹6.0 Lakhs per year
Bal Pharma	₹3.0 Lakhs to ₹6.0 Lakhs per year
Natco Pharma	₹3.5 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Neon Laboratories, depending on the role and experience level.

What is the salary of a Medical Sales Representative in companies similar to Neon Laboratories in India?

The salary of a Medical Sales Representative at companies similar to Neon Laboratories in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jagsonpal Pharmaceuticals	₹2.8 Lakhs to ₹3.8 Lakhs per year
Lincoln Pharmaceuticals	₹2.4 Lakhs to ₹4.0 Lakhs per year
Jubilant Pharmova	₹2.2 Lakhs to ₹4.8 Lakhs per year
Morepen Laboratories	₹2.5 Lakhs to ₹3.2 Lakhs per year
Blue Cross Laboratories	₹2.5 Lakhs to ₹2.8 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 Medical Sales Representative at Neon Laboratories in India?

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

Experience	Average Salary Range
Fresher	₹0.8 Lakhs to ₹2.3 Lakhs per year
1 year	₹2.1 Lakhs to ₹4.2 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Neon Laboratories Medical Sales Representative Salaries

Neon Laboratories Medical Sales Representative salary in India ranges between ₹2.1 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Neon Laboratories latest salaries received from various employees of Neon Laboratories.