Novartis Mumbai Assistant Manager Salaries by 6 Employees

8 - 12 years exp.

₹10.6 Lakhs - ₹21 Lakhs

Avg. annual salary

Monthly In-hand Salary

74% more than the average Assistant Manager Salary in Pharma Companies for 8 - 12 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Quality Assurance Assistant Manager Salary 9 - 12 years exp. (4 salaries)	₹10.6 L/yr - ₹15.2 L/yr
Finance & Accounting Assistant Manager Salary 8 years exp. (AmbitionBox Estimate)	₹14.7 L/yr - ₹21 L/yr
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Healthcare & Life Sciences Assistant Manager Salary 11 years exp. (AmbitionBox Estimate)	₹13.4 L/yr - ₹14.7 L/yr

Last Updated: 4 Apr 2024

Companies similar to Novartis for Assistant Manager in Mumbai

Novartis Assistant Manager Salary

8 - 12 years exp. (6 salaries)

₹10.6 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
Cipla Assistant Manager Salary 0 - 18 years exp. (745 salaries)	₹3 L/yr - ₹13.5 L/yr 45% less
Glenmark Pharmaceuticals Assistant Manager Salary 9 - 18 years exp. (133 salaries)	₹7.4 L/yr - ₹19 L/yr 8% less	6 job openings
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Alkem Laboratories Assistant Manager Salary 10 - 18 years exp. (75 salaries)	₹8 L/yr - ₹16 L/yr 11% less	1 job opening
Abbott Assistant Manager Salary 7 - 16 years exp. (54 salaries)	₹5.4 L/yr - ₹17.7 L/yr 13% less	2 job openings
Ipca Laboratories Assistant Manager Salary 10 - 18 years exp. (46 salaries)	₹6 L/yr - ₹14.5 L/yr 25% less	2 job openings
GlaxoSmithKline Pharmaceuticals Assistant Manager Salary 4 - 13 years exp. (33 salaries)	₹6 L/yr - ₹16.4 L/yr 12% less
Teva Pharmaceuticals Assistant Manager Salary 8 - 18 years exp. (30 salaries)	₹8.5 L/yr - ₹20 L/yr 5% less
Sanofi Assistant Manager Salary 5 - 12 years exp. (21 salaries)	₹6 L/yr - ₹11.5 L/yr 38% less
Piramal Group Assistant Manager Salary 1 - 7 years exp. (15 salaries)	₹3 L/yr - ₹9 L/yr 57% less
Lupin Assistant Manager Salary 7 - 15 years exp. (14 salaries)	₹7.5 L/yr - ₹12.5 L/yr 29% less
Pfizer Assistant Manager Salary 5 - 15 years exp. (12 salaries)	₹7 L/yr - ₹15 L/yr 26% less
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Sun Pharmaceutical Industries Assistant Manager Salary 6 - 14 years exp. (6 salaries)	₹7.5 L/yr - ₹11.5 L/yr 28% less

Assistant Manager salary at Novartis ranges between ₹10.6 Lakhs to ₹21 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Novartis.

Experience wise Novartis Assistant Manager salaries in Mumbai

Last Updated: 4 Apr 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr
9 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
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10 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
11 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr

Similar Designation salaries in Novartis

Associate Director Salary

(5 salaries)

₹35 L/yr - ₹46.82 L/yr

Analyst Salary

(5 salaries)

₹10 L/yr - ₹13.84 L/yr

Top skills at Novartis for Assistant Manager

Risk Assessment Compliance Auditing Financial Reporting GMP

Salary related reviews for Novartis

5.0

Rated by 1 employees for salary & benefits

Team Lead in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

4.0

• posted on 18 Jan 2025

4.0

for Salary and Benefits

Likes

Work life balance is good for most of the teams. Good perks like pat leave is 6month, relaxed leave policy.

Salary - Good

+3 more

Dislikes

No scope to learn something new or ground breaking. Pay is below industry standards. Every 2-3 years they keep changing the process or team structures.

Manager in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

1.0

• posted on 02 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing much only salary is on time as per payroll calendar.

Dislikes

Late promotion cycles. Promotion and salary hikes are given to people closer to management. Favouritism to department managers play key role here in development

Salary - Bad

+5 more

Data Steward in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

5.0

• posted on 24 May 2024

5.0

for Salary and Benefits

Likes

Work life balance is amazing, tech is good, salary is great, benefits are great, company culture is awesome. Lot of involvement with business stakeholders gives exposure

Salary - Excellent

+3 more

Dislikes

Opportunities for growth are less, if someone is pure techie, may get disappointed with the kind of work. Some days pressure is a lot, while most other days are quite breezy.

Skill development - Poor

+1 more

Business Process Excellence Manager in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

5.0

• posted on 03 Oct 2024

5.0

for Salary and Benefits

Likes

Transparent Salary comparison with market. Learning and growing opportunities. Your voice is counted. Flexi working hours, good management providing regular updates. Supportive seniors.

Salary - Excellent

+6 more

Dislikes

Nothing as such in my area of work.

Senior Analyst in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

4.0

• posted on 17 Jun 2023

2.0

for Salary and Benefits

Likes

Unbossed culture (mostly) Flexible Timing (most of the teams)

Job security - Good

+2 more

Dislikes

1. TFG - Heavy cost-cutting. Clearly visible in various aspects 2. Sandoz division spin-off 3. Too much hiring from some orgs (ZS, IQVIA). People from those places bring & spread their toxic servicing client mentality (especially for IQVIA). Eventually this led to some sort of micro-management. 4. No free food. Paid food is overpriced and has no taste No cab for regular shift people. 5. SNOW - pathetic project creation tool. 6. Productivity goes for a toss as there are so many formalities 7. Promotion can be biased. have seen people climbing the ladder by organizing events.

Salary - Poor

+3 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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Novartis Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Novartis in Mumbai?

The average salary of a Assistant Manager at Novartis in Mumbai typically ranges from ₹10.6 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Assistant Manager in Mumbai at Novartis earn more than ₹20.4 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Assistant Manager Salaries at Novartis 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 6 Novartis employees in India.

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

The estimated take-home salary of a Assistant Manager at Novartis in Mumbai typically ranges from ₹1,00,751 to ₹1,03,497 per month. This is based on the average salary range of ₹10.6 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 8 years to 12 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 6 salaries received from various employees of Novartis. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

- Risk Assessment
- Compliance
- Auditing
- Financial Reporting
- GMP

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

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

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

Teva Pharmaceuticals	₹8.5 Lakhs to ₹20.0 Lakhs per year
Glenmark Pharmaceuticals	₹7.4 Lakhs to ₹19.0 Lakhs per year
Alkem Laboratories	₹8.0 Lakhs to ₹16.0 Lakhs per year
GlaxoSmithKline Pharmaceuticals	₹6.0 Lakhs to ₹16.4 Lakhs per year
Abbott	₹5.4 Lakhs to ₹17.7 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 Assistant Manager at Novartis in Mumbai?

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

Experience	Average Salary Range
8 years	₹13.1 Lakhs to ₹16.8 Lakhs per year
9 years	₹13.1 Lakhs to ₹16.7 Lakhs per year
10 years	₹13.1 Lakhs to ₹16.7 Lakhs per year
11 years	₹13.0 Lakhs to ₹16.7 Lakhs per year

and so on.

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Novartis Assistant Manager Salaries in Mumbai

Novartis Assistant Manager salary in Mumbai ranges between ₹10.6 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Novartis latest salaries received from various employees of Novartis.