Novartis Rewards Specialist Salaries by 5 Employees

6 - 9 years exp.

₹12 Lakhs - ₹18 Lakhs

Salary of majority employees

35% less than the average Rewards Specialist Salary in Pharma Companies for 6 - 9 years of experience

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Salaries in different departments

Human Resources Rewards Specialist Salary 6 - 8 years exp. (4 salaries)	₹12 L/yr - ₹18 L/yr
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Customer Success, Service & Operations Rewards Specialist Salary 9 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 18 Aug 2024

Companies similar to Novartis for Rewards Specialist

Company name	Avg Annual Salary	Open Jobs
Dr. Reddy's Rewards Specialist Salary 3 - 9 years exp. (3 salaries)	₹22 L/yr - ₹32 L/yr 81% more
Travelopia Rewards Specialist Salary 3 - 4 years exp. (4 salaries)	₹12 L/yr - ₹14 L/yr 8% less
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Accenture Rewards Specialist Salary 8 - 10 years exp. (4 salaries)	₹21.8 L/yr - ₹22 L/yr 55% more
Deutsche Bank Rewards Specialist Salary 6 - 9 years exp. (4 salaries)	₹23 L/yr - ₹25.2 L/yr 67% more
Novartis Healthcare Rewards Specialist Salary 7 - 11 years exp. (3 salaries)	₹10 L/yr - ₹16.5 L/yr 14% less

Rewards Specialist salary at Novartis ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Novartis.

Experience wise Novartis Rewards Specialist salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹12 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹26.1 L/yr
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8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14.1 L/yr
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹23.5 L/yr

Similar Designation salaries in Novartis

Total Rewards Specialist Salary

(8 salaries)

₹12 L/yr - ₹12.49 L/yr

Payroll Specialist Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Senior Analyst Salary

(399 salaries)

₹8.5 L/yr - ₹24.5 L/yr

Payroll Analyst Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Team Lead Salary

(58 salaries)

₹18.7 L/yr - ₹48 L/yr

Payroll Executive Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Analyst Salary

(343 salaries)

₹5.8 L/yr - ₹18.05 L/yr

Senior Associate Salary

(23 salaries)

₹5.2 L/yr - ₹20 L/yr

Compensation Analyst Salary

(AmbitionBox Estimate)

₹8.8 L/yr - ₹11.3 L/yr

Senior Consultant Salary

(47 salaries)

₹17.95 L/yr - ₹50 L/yr

Top skills at Novartis for Rewards Specialist

MS Office Word Data Analytics Consulting Continuous Improvement Talent Acquisition Auditing Powerpoint Subject Matter Expertise

Salary related reviews for Novartis

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.

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

Analyst in Hyderabad / Secunderabad

Contractual

Procurement & Supply Chain Department

1.0

• posted on 07 Dec 2023

1.0

for Salary and Benefits

Likes

only learning i liked about Novartis.

Dislikes

... even bother to look after employee complains. absolutely extinct department. 7. managers will call personally and ask employees to work on saturday and sundays without any extra pay. 8. they retaliate against external/ contractual employee if not listening to them. 9. raising against management with valid issues is not taken seriously. Overall -SCM is the worst department to work.

Salary - Bad

+5 more

Senior Analyst in Hyderabad / Secunderabad

Data Science & Analytics Department

4.0

• posted on 12 May 2021

4.0

for Salary and Benefits

Likes

...earn a lot about the pharma industry but you might not grow technically so much. Hikes and bonus are decent

Salary - Good

+5 more

Dislikes

If your managers and TL are not good, they will not want you to develop and take credit for your work. You might feel level of comfort and but there is fear of being obsolete, since you might not be learning new technical skills

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

see more salary related reviews

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What people are saying about Novartis

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a snowflake developer

2w (edited)

Novartis Job Offer

Hi everyone, I have 3.6 years of IT experience and currently work at a service-based company in Pune. My current CTC is 14 LPA (13.5 LPA fixed). I recently received an offer from Novartis Hyderabad as Data Analyst level 3 with a CTC of 19.9 LPA (18.3 LPA fixed). Is this a good offer, or is it on the lower side for my experience? Would appreciate your suggestions! Any answers from people working at Novartis pls ?

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Novartis Rewards Specialist Salary FAQs

What is the salary of Rewards Specialist at Novartis ?

The average salary of a Rewards Specialist at Novartis in India typically ranges from ₹12.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Rewards Specialist at Novartis earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Rewards Specialist 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 5 Novartis employees in India.

What is the estimated take home salary of a Rewards Specialist at Novartis in India?

The estimated take-home salary of a Rewards Specialist at Novartis in India typically ranges from ₹98,612 to ₹1,01,289 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 6 years to 9 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. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Rewards Specialist at Novartis ?

To be a Rewards Specialist at Novartis in india, the key skills required include:

- MS Office Word
- Data Analytics
- Consulting
- Continuous Improvement
- Talent Acquisition

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

Which companies offer higher salaries than Novartis for Rewards Specialist in India?

Dr. Reddy's	₹22.0 Lakhs to ₹32.0 Lakhs per year
Deutsche Bank	₹23.0 Lakhs to ₹25.2 Lakhs per year
Accenture	₹21.8 Lakhs to ₹22.0 Lakhs per year

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

What is the salary of a Rewards Specialist in companies similar to Novartis in India?

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

Travelopia	₹12.0 Lakhs to ₹14.0 Lakhs per year
Novartis Healthcare	₹10.0 Lakhs to ₹16.5 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 Rewards Specialist at Novartis in India?

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

Experience	Average Salary Range
6 years	₹12.0 Lakhs to ₹18.0 Lakhs per year
7 years	₹14.1 Lakhs to ₹26.1 Lakhs per year
8 years	₹5.5 Lakhs to ₹14.1 Lakhs per year
9 years	₹13.0 Lakhs to ₹23.5 Lakhs per year

and so on.

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Novartis Rewards Specialist Salaries

Novartis Rewards Specialist salary in India ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Novartis latest salaries received from various employees of Novartis.