Novartis Mumbai Territory Business Executive Salaries by 4 Employees

4 - 13 years exp.

₹6 Lakhs - ₹8.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Territory Business Executive Salary in Pharma Companies for 4 - 13 years of experience

Interested in this particular role? 3 job openings

Last Updated: 15 Mar 2023

Companies similar to Novartis for Territory Business Executive in Mumbai

Novartis Territory Business Executive Salary

4 - 13 years exp. (4 salaries)

₹6 L/yr - ₹8.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Galderma Territory Business Executive Salary 2 - 8 years exp. (8 salaries)	₹4.3 L/yr - ₹6.3 L/yr 32% less	8 job openings
Santen India Territory Business Executive Salary 11 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹10.5 L/yr 20% more
Login to view exact salary
Novartis Healthcare Territory Business Executive Salary 7 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹9.7 L/yr 5% more

Territory Business Executive salary at Novartis ranges between ₹6 Lakhs to ₹8.6 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Novartis.

Experience wise Novartis Territory Business Executive salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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6 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
7 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
11 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
12 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

View all

Similar Designation salaries in Novartis

Regional Business Manager Salary

(15 salaries)

₹11 L/yr - ₹26.95 L/yr

Territory Business Manager Salary

(8 salaries)

₹5.35 L/yr - ₹9 L/yr

Area Business Manager Salary

(4 salaries)

₹8.61 L/yr - ₹12.5 L/yr

Top skills at Novartis for Territory Business Executive

Pharma Recruitment Healthcare Networking Sales Healthcare Pharmacy Sales Planning Customer Relationship Relationship Building Computer Networking Switching Customer Engagement Customer Experience cardiovascular

Salary related reviews for Novartis

4.7

Rated by 10 employees for salary & benefits

Territory Business Executive in Mumbai

Healthcare & Life Sciences Department

4.0

• posted on 20 Jul 2020

4.0

for Salary and Benefits

Likes

Novartis has supported their employees in this pandemic situation. There is no head count reduction,no salary deduction,even we are getting our expenses.

Salary - Good

+6 more

Dislikes

Only concern is company is expecting growth in this situation. Where the patient flow has reduced,Many drs reduced their OP.

Territory Business Executive in Bangalore / Bengaluru

Sales. Department

5.0

• posted on 11 Mar 2019

5.0

for Salary and Benefits

Likes

The company is great place to work and love the fact that I am a part of team that is Market reliable and high quality products.

Salary - Excellent

+6 more

Dislikes

Overall everything is superb about company... but only I would say that company compensation is average as compare to other MNC’s

Territory Business Executive in Kolkata

Derma Department

2.0

• posted on 06 Aug 2018

3.0

for Salary and Benefits

Likes

Company is good .. Salary hike is good.. incentives good... GD innovations.. lots of travel.. lots of politics.. GD carrer grwth if u r politically strong

Dislikes

Overall derma division management,, training,, behavior,, HR has no idea about what's happening below there nose, neither they are interested to know.no job security.

Skill development - Poor

+5 more

ZSM in Mumbai

Full Time

Sales & Marketing Department

4.0

• posted on 19 Apr 2021

5.0

for Salary and Benefits

Likes

Lot of opportunities to learn and develop oneself. Good work life balance. Good compensation.

Salary - Excellent

+4 more

Dislikes

Opportunities for growth is limited, Currently the job security is low, The growth expectation is unrealistic in the face of extreme external challenges, No merit increase and significant resizing happening, majority of people are rated based on 2020 performance which was a year of unexpected challenges in the face of Covid and most of them are initiated on PIP based on 2020 performance. Consistency in communication is lacking at leadership level. Huge detoriation of culture observed to what was few years ago. Sense of belonging has diminished.

Senior Key Account Manager in New Delhi

Sales Department

2.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

Company is good, but only if you are in good books of your manager! Sycophancy runs high in the hierarchy!

Dislikes

Apart from compensation, too much politics and sycophancy runs high in hierarchy! even if you are a star performer sales wise but not in good books of your manager, you will be served PIP .. a sure shot way to kick you out of organization!! Even if you earn incentives for sales achievement , your appraisal will be degraded!!

Job security - Poor

+2 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 Territory Business Executive Salary FAQs

What is the salary of Territory Business Executive at Novartis in Mumbai?

The average salary of a Territory Business Executive at Novartis in Mumbai typically ranges from ₹6.0 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Territory Business Executive in Mumbai at Novartis earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Territory Business Executive 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 4 Novartis employees in India.

What is the estimated take home salary of a Territory Business Executive at Novartis in Mumbai?

The estimated take-home salary of a Territory Business Executive at Novartis in Mumbai typically ranges from ₹57,827 to ₹59,282 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 4 years to 13 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 4 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 Territory Business Executive at Novartis in Mumbai?

To be a Territory Business Executive at Novartis in Mumbai, the key skills required include:

- Pharma
- Recruitment
- Healthcare
- Networking
- Sales

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 Territory Business Executive in India?

Santen India	₹7.5 Lakhs to ₹10.5 Lakhs per year
Novartis Healthcare	₹6.5 Lakhs to ₹9.7 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 Territory Business Executive in companies similar to Novartis in Mumbai?

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

Galderma

₹4.3 Lakhs to ₹6.3 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 Territory Business Executive at Novartis in Mumbai?

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

Experience	Average Salary Range
4 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
5 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
6 years	₹6.7 Lakhs to ₹8.5 Lakhs per year
7 years	₹6.8 Lakhs to ₹8.7 Lakhs per year

and so on.

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Novartis Territory Business Executive Salaries in Mumbai

Novartis Territory Business Executive salary in Mumbai ranges between ₹6 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Novartis latest salaries received from various employees of Novartis.