Novartis Territory Business Officer Salaries by 4 Employees (Updated 2024)

5 - 6 years exp.

₹6.5 Lakhs - ₹7 Lakhs

Salary of majority employees

57% more than the average Territory Business Officer Salary in Pharma Companies for 5 - 6 years of experience

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Last Updated: 29 May 2024

Companies similar to Novartis for Territory Business Officer

Company name	Avg Annual Salary	Open Jobs
Abbott Territory Business Officer Salary 3 - 6 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 31% less
John Deere Financial Territory Business Officer Salary 3 - 7 years exp. (13 salaries)	₹3.8 L/yr - ₹5.4 L/yr 25% less
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Kurlon Territory Business Officer Salary 1 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4.6 L/yr 42% less
Luxor Writing Instruments Territory Business Officer Salary 5 - 9 years exp. (4 salaries)	₹3.4 L/yr - ₹4 L/yr 46% less
Solvate Laboratories Territory Business Officer Salary 0 - 6 years exp. (4 salaries)	₹1.7 L/yr - ₹4 L/yr 53% less

Territory Business Officer salary at Novartis ranges between ₹6.5 Lakhs to ₹7 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Novartis.

Experience wise Novartis Territory Business Officer salaries

Last Updated: 29 May 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹7 L/yr
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6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr

Similar Designation salaries in Novartis

Territory Business Manager Salary

(30 salaries)

₹5.3 L/yr - ₹9 L/yr

Business Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Therapy Business Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Territory Sales Manager Salary

(3 salaries)

₹8.05 L/yr - ₹10.79 L/yr

Regional Business Manager Salary

(72 salaries)

₹9.5 L/yr - ₹28.3 L/yr

Territory Executive Salary

(5 salaries)

₹6.6 L/yr - ₹8.75 L/yr

Area Business Manager Salary

(13 salaries)

₹4.1 L/yr - ₹10.73 L/yr

Territory Manager Salary

(6 salaries)

₹6.3 L/yr - ₹12 L/yr

Territory Sales Executive Salary

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₹3.5 L/yr - ₹7.85 L/yr

Field Sales Officer Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Salary related reviews for Novartis

Rated by 1 employees for salary & benefits

Medical Representative in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

2.0

• posted on 16 Feb 2023

4.0

for Salary and Benefits

Likes

Work life balance Work culture Salary and incentive

Dislikes

No job security Very less opportunity to grow Internal politics Not competitive in market place Jobs are safe only during patent validity Separation package is poor Last 7 years more than 10 divisions employees lost their jobs.

Medical Representative in M7mbai

Sales & Business Development Department

5.0

• posted on 24 Mar 2022

5.0

for Salary and Benefits

Likes

...s be a part of this company.company policies and behavior culture are very good. Appraisal are fair and they give handsome salary hike , incentive and bonus every year.

Dislikes

Company is very good culture and atmosphere , but the carrier growth is very slow

Medical Representative in Hyderabad / Secunderabad

Marketing & Communication Department

5.0

• posted on 06 Mar 2022

5.0

for Salary and Benefits

Likes

Good work culture and working environment with good benefits and good salary hike.

Dislikes

Shoud look into marketing strategies properly.some of the strategies are not suitable for Indian market which results in bad impression to the customers and total sale outcomes.

Regional Business Manager in Hyderabad / Secunderabad

Sales & Business Development Department

4.0

• posted on 20 Apr 2021

4.0

for Salary and Benefits

Likes

Overall good company to work. Dynamic company. Division to division culture differs. Have a great pipeline. Despite pandemic company sails strongly..& during this pandemic company supports the employee in a big way which no other company can think of.

Dislikes

...employee in a flat package for years. Partiality is seen with metro & non metro. People who are working with non metro treated lesser in terms of rating & compensation. Because of 1 or 2 senior managers company has a pathetic named on the market & which is true also.

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.

Dislikes

Nothing as such in my area of work.

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Novartis Territory Business Officer Salary FAQs

What is the salary of Territory Business Officer at Novartis?

Territory Business Officer salary at Novartis in India ranges between ₹6.5 Lakhs to ₹7.0 Lakhs for experience between 5 years to 6 years. According to our estimates it is 57% more than the average Territory Business Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Novartis India.

How does the salary of a Territory Business Officer at Novartis India compare with the average salary range for this job?

The average salary of a Territory Business Officer at Novartis is 57% more than the average salary of a Territory Business Officer in India. To know exact salary insights, login to view.

What is the salary of a Territory Business Officer in companies similar to Novartis in India?

John Deere Financial Territory Business Officer Salary - ₹3.8 Lakhs to ₹5.4 Lakhs per year
Abbott Territory Business Officer Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
Kurlon Territory Business Officer Salary - ₹3.0 Lakhs to ₹4.6 Lakhs per year
Luxor Writing Instruments Territory Business Officer Salary - ₹3.4 Lakhs to ₹4.0 Lakhs per year
Solvate Laboratories Territory Business Officer Salary - ₹1.7 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Territory Business Officer at Novartis in India?

The estimated take-home salary of a Territory Business Officer at Novartis ranges between ₹51,595 per month to ₹52,811 per month in India. The take-home salary calculation is based on the average Novartis Territory Business Officer salary in India which ranges between ₹6.5 Lakhs to ₹7.0 Lakhs per year for employees with experience between 5 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Territory Business Officer at Novartis?

According to AmbitionBox, 60% of the Novartis Territory Business Officers reported a notice period of 1 Month, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Novartis Territory Business Officer Salaries

Novartis Territory Business Officer salary in India ranges between ₹6.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Novartis latest salaries received from various employees of Novartis.