NovoExcipients Salaries by 100+ Employees (Updated 2025)

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Quality Assurance Procurement & Supply Chain Production, Manufacturing & Engineering Research & Development + 5 more

Designation	Avg Annual Salary	Open Jobs
QC Officer 0 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr
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QC Officer Microbiologist 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3 L/yr
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Administration Executive 4 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr
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Senior Production Officer 2 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.7 L/yr
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Export Executive 6 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr
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Store Officer 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹2.7 L/yr
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Quality Assurance Officer 3 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.9 L/yr
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HR Executive 6 - 9 years exp. (4 salaries)	₹4.3 L/yr - ₹5.5 L/yr
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Lab Assistant 3 - 6 years exp. (4 salaries)	₹1.2 L/yr - ₹2 L/yr
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Business Development Manager 8 - 11 years exp. (4 salaries)	₹6.7 L/yr - ₹8 L/yr
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QA Manager 14 - 16 years exp. (3 salaries)	₹9.5 L/yr - ₹12.2 L/yr
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Senior Executive - Stores 7 - 10 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr
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Senior Technician 7 years exp. (3 salaries)	₹3.2 L/yr - ₹3.7 L/yr
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Research Associate 1 - 2 years exp. (3 salaries)	₹3 L/yr - ₹3.2 L/yr
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QA Officer 1 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr
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QA Executive 5 - 6 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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Production Manager 13 - 14 years exp. (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
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Production Officer 1 - 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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Senior Store Officer 4 - 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Senior Purchase Executive 15 - 16 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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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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Salary related reviews for NovoExcipients

3.7

Rated by 16 employees for salary & benefits

QC Officer in Navi Mumbai

Full Time

Research & Development Department

4.0

• posted on 13 Jun 2024

3.0

for Salary and Benefits

Likes

Friendly nature in factory,some Managers are very co-operative.

Skill development - Excellent

+4 more

Dislikes

Some Sr.Managers nd Sr.HR are very arrogant. They have not Discpline about talking and instructing.Many Vulgur words they are used.It was very Shameful for the Lady.So,improve your talking nd Behaviour.Maintain humanity.all are people don't compare all dept.are same and all are well educated that's why all workers N staff work in that factory. Never try to fell down to others and don't treat them like a animal.so Improve ur talking N Behaviour this was not suitable for u

Senior Officer in Navi Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 29 Apr 2024

1.0

for Salary and Benefits

Likes

Very bad company 2 year bond no work balance and Life balance don't join 😭

Dislikes

Harassment during work manejar not professional and also hr policy not clear bond sing and if you not sing bond refused joining letter

Salary - Bad

+6 more

Chemist in Mumbai

Other Department

5.0

• posted on 15 Jan 2021

5.0

for Salary and Benefits

Likes

It's really a great and awesome company , have a great security and policies and also Director sir is to helping, Understandings and develop your own Skills, knowledge , New Research . As per my, A great and bestest company

Salary - Excellent

+6 more

Dislikes

Head of department communication is not good and If you know better even they like do old process.

Officer in Navi Mumbai

Research & Development Department

1.0

• posted on 28 Mar 2021

1.0

for Salary and Benefits

Likes

There is in formulation no work or any skill development and also no good communication between workers and officers and manager

Dislikes

Actually there md most good but some workers and some hod is too much bad

Salary - Bad

+6 more

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NovoExcipients Salary FAQs

How much does NovoExcipients pay to its employees?

The average annual salary at NovoExcipients varies depending on the role, experience, and location. The salary ranges for some popular designations at NovoExcipients, are as follows:

QC Officer	₹1.8 Lakhs to ₹3 Lakhs per year
QC Officer Microbiologist	₹3 Lakhs to ₹3 Lakhs per year
Administration Executive	₹2.4 Lakhs to ₹3.8 Lakhs per year
Senior Production Officer	₹1.8 Lakhs to ₹2.7 Lakhs per year

The highest-paying role, QC Officer, earns between ₹1.8 Lakh to ₹3 Lakhs per year. The top 10% of employees earn more than ₹8 Lakhs per year, and the top 1% earn over ₹15.4 Lakhs per year. Salaries at NovoExcipients 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 salary estimates are based on data from 115 salaries submitted by NovoExcipients employees. NovoExcipients is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.

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NovoExcipients Salaries by Location

Average annual salary in NovoExcipients is INR . Salary estimates are based on 100+ NovoExcipients latest salaries received from various employees of NovoExcipients.