NOVO Medisciences Institutional Manager Salaries by 9 Employees

2 - 7 years exp.

₹3 Lakhs - ₹3.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

30% less than the average Institutional Manager Salary in Pharma Companies for 2 - 7 years of experience

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Salaries in different departments

Marketing & Communication Institutional Manager Salary 2 - 6 years exp. (5 salaries)	₹3 L/yr - ₹3.9 L/yr
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Sales & Business Development Institutional Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Last Updated: 17 Mar 2023

Companies similar to NOVO Medisciences for Institutional Manager

Company name	Avg Annual Salary	Open Jobs
Raptakos Brett and Company Institutional Manager Salary 15 - 22 years exp. (5 salaries)	₹7.2 L/yr - ₹9.5 L/yr 117% more
Naprod Life Sciences Institutional Manager Salary 4 - 14 years exp. (3 salaries)	₹6.8 L/yr - ₹12.7 L/yr 176% more
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Infallible Pharma Institutional Manager Salary 5 - 15 years exp. (7 salaries)	₹3.5 L/yr - ₹5.6 L/yr 22% more
ICICI Bank Institutional Manager Salary 8 - 12 years exp. (6 salaries)	₹11 L/yr - ₹12 L/yr 202% more
Brooks Laboratories Institutional Manager Salary 1 - 11 years exp. (4 salaries)	₹2.7 L/yr - ₹4.2 L/yr 14% less

Institutional Manager salary at NOVO Medisciences ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of NOVO Medisciences.

Experience wise NOVO Medisciences Institutional Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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4 years (3 salaries)	₹3 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

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Similar Designation salaries in NOVO Medisciences

Regional Manager Salary

(4 salaries)

₹8.45 L/yr - ₹9 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Area Business Manager Salary

(4 salaries)

₹6 L/yr - ₹7.7 L/yr

Business Manager Salary

(3 salaries)

₹4.7 L/yr - ₹5.8 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹8.9 L/yr - ₹11.4 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.5 L/yr

Area Sales Manager Salary

(9 salaries)

₹4.8 L/yr - ₹6.5 L/yr

Sales Manager Salary

(10 salaries)

₹9.1 L/yr - ₹17 L/yr

Business Development Manager Salary

(18 salaries)

₹5.5 L/yr - ₹8.1 L/yr

Salary related reviews for NOVO Medisciences

3.5

Rated by 2 employees for salary & benefits

Business Development Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing to like it this is not a company this is Baniya ki dukaan whare one person and his girlfiend running this company. VP Kashyap Dave having no sense of business same Neeraj Mishra And Krishna chaturvedi

Dislikes

full of dislike no salary on time specially manager full of expanse cut no job security no hr policy no health insurance

Salary - Bad

+6 more

Business Development Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 17 May 2023

1.0

for Salary and Benefits

Likes

Nothing Fraud Company Salary/Expense not given on time

Dislikes

Organisation has no Structure, Salary and Expense does not given on time, also local management take money from employee for activity but didn't return to employees. I was resigned from organisation as a BDM but I am not receive any working bag / inputs but they want input from me for FNF , no Structure in the organisation. Terminated field colleague without any intimation/ farther information Poor work culture in HO as well as local management. HR Poor , Local Management also Poor

Salary - Bad

+6 more

Business Development Executive in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 07 Feb 2023

1.0

for Salary and Benefits

Likes

I amit pandey worked BDE IN NOVO MEDI SCIENCE. THERE IS DECTETORSHIP WORK CULTURE. I HAVE NOT RECEIVED EXPENSE OF 3 MONTHS SALARY GOT. HR IN THIS COMPANY IS HELPLESS. ALL IS VP KASHYAP DAVE VERY RUDE PERSON I HAVE SEEN IN ENTIRE SERVICE. PLS DON'T WASTE YOUR TIME TO JOIN THIS COMPANY

Dislikes

everything is dislike

Salary - Bad

+6 more

Sales Manager in Mumbai

Marketing & Communication Department

1.0

• posted on 21 Mar 2018

1.0

for Salary and Benefits

Likes

Horrible working environment,no salary on time,no salary slip system generated,no expense on time,lots of deduction in expenses,saying something doing something in one word we can describe there is no ethics at all.......

Dislikes

They are following only one basic principle they hire best candidate from top MNC by providing best salary in pharma industries after 3 month they will create such pressure you have to leave the organization thats it.....

Salary - Bad

+6 more

IT Manager in Mumbai

Full Time

IT & Information Security Department

2.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

Good Salary growth per year and Salary get on time.

Salary - Excellent

+4 more

Dislikes

Company policy of the Paid Leave is limited and we can not take leave as per our requirement, Limited Holidays , alternate Saturday working and working 9 hours + unwanted work stick forcefully Employ value 0

Company culture - Bad

+1 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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NOVO Medisciences Institutional Manager Salary FAQs

What is the salary of Institutional Manager at NOVO Medisciences ?

The average salary of a Institutional Manager at NOVO Medisciences in India typically ranges from ₹3.0 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Institutional Manager at NOVO Medisciences earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Institutional Manager Salaries at NOVO Medisciences 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 9 NOVO Medisciences employees in India.

What is the estimated take home salary of a Institutional Manager at NOVO Medisciences in India?

The estimated take-home salary of a Institutional Manager at NOVO Medisciences in India typically ranges from ₹27,945 to ₹29,339 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 2 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 9 salaries received from various employees of NOVO Medisciences. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NOVO Medisciences for Institutional Manager in India?

ICICI Bank	₹11.0 Lakhs to ₹12.0 Lakhs per year
Naprod Life Sciences	₹6.8 Lakhs to ₹12.7 Lakhs per year
Raptakos Brett and Company	₹7.2 Lakhs to ₹9.5 Lakhs per year
Infallible Pharma	₹3.5 Lakhs to ₹5.6 Lakhs per year

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

What is the salary of a Institutional Manager in companies similar to NOVO Medisciences in India?

The salary of a Institutional Manager at companies similar to NOVO Medisciences in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Brooks Laboratories

₹2.7 Lakhs to ₹4.2 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 Institutional Manager at NOVO Medisciences in India?

The salary growth for a Institutional Manager at NOVO Medisciences depends on factors such as experience, performance, and promotions. On average, a Institutional Manager can expect the following growth trajectory at NOVO Medisciences:

Experience	Average Salary Range
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.0 Lakhs to ₹6.8 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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NOVO Medisciences Institutional Manager Salaries

NOVO Medisciences Institutional Manager salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 NOVO Medisciences latest salaries received from various employees of NOVO Medisciences.