Novartis Healthcare Mumbai Product Manager Salaries by 5 Employees

3 - 7 years exp.

₹25 Lakhs - ₹32.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

40% more than the average Product Manager Salary in Pharma Companies for 3 - 7 years of experience

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Salaries in different departments

Marketing & Communication Product Manager Salary 3 - 5 years exp. (3 salaries)	₹25 L/yr - ₹32.7 L/yr
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Sales & Business Development Product Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹26.6 L/yr - ₹32.5 L/yr

Last Updated: 9 Apr 2024

Companies similar to Novartis Healthcare for Product Manager in Mumbai

Novartis Healthcare Product Manager Salary

3 - 7 years exp. (5 salaries)

₹25 L/yr - ₹32.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Roche Diagnostics Product Manager Salary 7 - 8 years exp. (6 salaries)	₹10.3 L/yr - ₹20.5 L/yr 54% less
Sanofi Product Manager Salary 4 - 8 years exp. (6 salaries)	₹11.2 L/yr - ₹20 L/yr 52% less
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Ferring Pharmaceuticals Product Manager Salary 10 - 12 years exp. (3 salaries)	₹15.4 L/yr - ₹25.2 L/yr 25% less
ICICI Bank Product Manager Salary 0 - 10 years exp. (2.1k salaries)	₹7.5 L/yr - ₹27 L/yr 39% less
HDFC Bank Product Manager Salary 0 - 14 years exp. (631 salaries)	₹7 L/yr - ₹25.7 L/yr 47% less

Product Manager salary at Novartis Healthcare ranges between ₹25 Lakhs to ₹32.7 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Novartis Healthcare.

Experience wise Novartis Healthcare Product Manager salaries in Mumbai

Last Updated: 9 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
4 years (AmbitionBox Estimate)	₹24.3 L/yr - ₹31 L/yr
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5 years (AmbitionBox Estimate)	₹28 L/yr - ₹35.8 L/yr
7 years (AmbitionBox Estimate)	₹26.6 L/yr - ₹33.9 L/yr

Similar Designation salaries in Novartis Healthcare

Group Product Manager Salary

(3 salaries)

₹43 L/yr - ₹51 L/yr

Top skills at Novartis Healthcare for Product Manager

Product Management Market Development Operations Management Market Research Project Management Sales Marketing Promotional Campaigns Global Marketing Legal Share Market Performance Management Pharma Business Strategy Computer science

Salary related reviews for Novartis Healthcare

4.0

Rated by 1 employees for salary & benefits

Senior Business Analyst in Hyderabad / Secunderabad

Data Science & Analytics Department

3.0

• posted on 02 Jan 2022

1.0

for Salary and Benefits

Likes

Job security

Job security - Excellent

+2 more

Dislikes

No growth, salary hikes 5-7%, promotion hikes 6-8%, learning opportunities very less, upper leadership will provide you excuses but will never listen to employee, pay parity is very bad- its very common to see people 2 positions lower to you earning equal or more to you.

Salary - Bad

+3 more

Associate Analyst in Hyderabad / Secunderabad

Full Time

Other Department

4.0

• posted on 07 May 2024

2.0

for Salary and Benefits

Likes

Laid back, Best for someone who wants a boring job with good pay after having 5-6 years of experience. Great work-life balance and company culture.

Job security - Excellent

+3 more

Dislikes

...re. No scope for promotions without completing the 2 years per role requirement. No competitive salary. No challenging tasks. Anything more complex than a drag and drop would be delegated to some consultancy.

Salary - Poor

+2 more

Travel And Expense Specialist in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

4.0

• posted on 21 Feb 2025

3.0

for Salary and Benefits

Likes

Work life balance and management is too good I enjoyed working there and less work pressure

Job security - Good

+2 more

Dislikes

Salary wise is less . Opportunity is less if you are working remotely and recognise is less. Promotion is very bad. It takes lot of time to get promotion

Clinical Coding Specialist in Hyderabad / Secunderabad

Full Time

Healthcare & Life Sciences Department

3.0

• posted on 21 Apr 2021

1.0

for Salary and Benefits

Likes

Work-Life balance, employee friendly policies, job security, line function skills learning opportunities

Skill development - Good

+2 more

Dislikes

...rship Management, Cross functionalities learning opportunities, No transparency in performance rating decisions, low compensation benefits compared to the market pay, biased in assigning tasks and initiatives, underrating the employees, micromanagement, no proper recognition.

Salary - Bad

+1 more

Clinical Programmer in Hyderabad / Secunderabad

Engineering - Software & QA Department

5.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

The work life balance is everything here. Plus you have all the freedom to innovate. Huge opportunities to learn and Collab with multiple teams.

Skill development - Excellent

+5 more

Dislikes

Maybe the compensation. But that is secondary for me. Learning comes first.

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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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Novartis Healthcare Product Manager Salary FAQs

What is the salary of Product Manager at Novartis Healthcare in Mumbai?

The average salary of a Product Manager at Novartis Healthcare in Mumbai typically ranges from ₹25.0 Lakhs to ₹32.7 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Product Manager in Mumbai at Novartis Healthcare earn more than ₹32.7 Lakhs per year, and the top 1% earn over ₹32.7 Lakhs per year. Product Manager Salaries at Novartis Healthcare 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 Novartis Healthcare employees in India.

What is the estimated take home salary of a Product Manager at Novartis Healthcare in Mumbai?

The estimated take-home salary of a Product Manager at Novartis Healthcare in Mumbai typically ranges from ₹1,78,351 to ₹1,85,279 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹32.7 Lakhs per year for employees with experience ranging from 3 years to 7 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 Novartis Healthcare. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at Novartis Healthcare in Mumbai?

To be a Product Manager at Novartis Healthcare in Mumbai, the key skills required include:

- Product Management
- Market Development
- Operations Management
- Market Research
- Project Management

These skills are highly valued at Novartis Healthcare and are crucial for successful performance in a Software Engineering role.

What is the salary of a Product Manager in companies similar to Novartis Healthcare in Mumbai?

The salary of a Product Manager at companies similar to Novartis Healthcare in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ferring Pharmaceuticals	₹15.4 Lakhs to ₹25.2 Lakhs per year
ICICI Bank	₹7.5 Lakhs to ₹27.0 Lakhs per year
HDFC Bank	₹7.0 Lakhs to ₹25.7 Lakhs per year
Sanofi	₹11.2 Lakhs to ₹20.0 Lakhs per year
Roche Diagnostics	₹10.3 Lakhs to ₹20.5 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 Product Manager at Novartis Healthcare in Mumbai?

The salary growth for a Product Manager at Novartis Healthcare in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Mumbai can expect the following growth trajectory at Novartis Healthcare:

Experience	Average Salary Range
3 years	₹22.5 Lakhs to ₹28.8 Lakhs per year
4 years	₹24.3 Lakhs to ₹31.0 Lakhs per year
5 years	₹28.0 Lakhs to ₹35.8 Lakhs per year
7 years	₹26.6 Lakhs to ₹33.9 Lakhs per year

and so on.

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Novartis Healthcare Product Manager Salaries in Mumbai

Novartis Healthcare Product Manager salary in Mumbai ranges between ₹25 Lakhs to ₹32.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Novartis Healthcare latest salaries received from various employees of Novartis Healthcare.