Panacea Biotec Territory Manager Salaries by 8 Employees

2 - 19 years exp.

₹3 Lakhs - ₹7.4 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Territory Manager Salary in Biotechnology Companies for 2 - 19 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 3 - 19 years exp. (5 salaries)	₹3 L/yr - ₹7.4 L/yr
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Marketing & Communication Territory Manager Salary 2 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹7.4 L/yr

Last Updated: 15 Mar 2023

Companies similar to Panacea Biotec for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Biocon Limited Territory Manager Salary 4 - 13 years exp. (8 salaries)	₹4.2 L/yr - ₹8.6 L/yr 19% more
Cipla Territory Manager Salary 2 - 11 years exp. (166 salaries)	₹1.8 L/yr - ₹8 L/yr 4% less
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Sun Pharmaceutical Industries Territory Manager Salary 5 - 10 years exp. (5 salaries)	₹4.7 L/yr - ₹8.9 L/yr 2% more
Zydus Lifesciences Territory Manager Salary 3 - 9 years exp. (9 salaries)	₹3.6 L/yr - ₹8 L/yr 21% less
Glenmark Pharmaceuticals Territory Manager Salary 2 - 10 years exp. (32 salaries)	₹3.3 L/yr - ₹5.8 L/yr 16% less
Lupin Territory Manager Salary 3 - 8 years exp. (7 salaries)	₹3.4 L/yr - ₹5 L/yr 21% less
Torrent Pharmaceuticals Territory Manager Salary 2 - 13 years exp. (8 salaries)	₹3 L/yr - ₹10 L/yr 33% more
LifeCell International Territory Manager Salary 1 - 14 years exp. (27 salaries)	₹4.4 L/yr - ₹8.5 L/yr 24% more
JK Agri Genetics Territory Manager Salary 2 - 10 years exp. (13 salaries)	₹3.1 L/yr - ₹5.3 L/yr 11% less
Biocon Biologics Territory Manager Salary 5 - 13 years exp. (4 salaries)	₹5.5 L/yr - ₹8.5 L/yr 31% more
Serum Institute of India Territory Manager Salary 1 - 12 years exp. (3 salaries)	₹4 L/yr - ₹4.8 L/yr 19% less
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Territory Manager salary at Panacea Biotec ranges between ₹3 Lakhs to ₹7.4 Lakhs per year for employees with experience between 2 years to 19 years. Salary estimates are based on 8 latest salaries received from various employees of Panacea Biotec.

Experience wise Panacea Biotec Territory Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
12 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.8 L/yr
13 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.8 L/yr
14 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
15+ years (AmbitionBox Estimate)	₹6.6 L/yr - ₹7.4 L/yr

View all

Similar Designation salaries in Panacea Biotec

Territory Sales Manager Salary

(6 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Deputy Manager Salary

(29 salaries)

₹5.9 L/yr - ₹14 L/yr

Senior Territory Manager Salary

(3 salaries)

₹6.8 L/yr - ₹8.6 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Territory Business Manager Salary

(37 salaries)

₹3.25 L/yr - ₹6 L/yr

Area Sales Manager Salary

(30 salaries)

₹4 L/yr - ₹8.1 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹29.9 L/yr - ₹38.2 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Sales Officer Salary

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₹4.5 L/yr - ₹5 L/yr

Salary related reviews for Panacea Biotec

4.4

Rated by 9 employees for salary & benefits

Business Development Executive

Marketing & Communication Department

5.0

• posted on 13 Jun 2020

4.0

for Salary and Benefits

Likes

I am working with safety avoid rush area crowded area company supporting me terms of salary and inputs like ppkit and mask company policies are good .

Salary - Good

+6 more

Dislikes

I got salary timely from the company but there is a big issue regarding my package i have completed 4year in panacea still my package is just 2.5 lack but new bde who joining the company got 3lacks package on same territory .senior bde of company is like a pillar company should give him more support as compare to new bde . Thankyou !

Sales Executive in Mumbai

Marketing & Communication Department

1.0

• posted on 24 Jul 2018

3.0

for Salary and Benefits

Likes

Work life balance

Dislikes

Delayed salary Policy paralysis Unresponsive senior management Nil growth Disconnect of managers from team No skill development Incompitable top management White elephants In company Spoiled corporate image among customers

Skill development - Bad

+3 more

Business Development Executive in Mumbai

Marketing & Communication Department

4.0

• posted on 28 Jun 2019

3.0

for Salary and Benefits

Likes

I have enjoyed worked with panacea and the knowledge which I have gained in the period of employment is amazing.But the company culture needs to be improved a lot

Skill development - Excellent

+1 more

Dislikes

Salary structure and not disbursement of salary at the right time

Scientific Officer in Baddi

Full Time

Research & Development Department

2.0

• posted on 28 Mar 2024

1.0

for Salary and Benefits

Likes

Company provide opportunities to freshers but don't provide growth opportunities further

Skill development - Good

Dislikes

...d. 2. Field HR has no professionalism. They treat employees as bad as they can. They just conduct interviews without discussing salary expectations. 3. Quality control department has worst lab Managers who are non competent, Egoistic & have no Scientific knowledge. They are terrible in handling their teams. They discourage employees who are good at work. 4. There is no Employee Encouraging Work culture. No matter how much good /excel you are at work, they always praise ones who are good at pretending to be a smart one. 5. No promotion strategy, no appraisal/increment for the employees who are at Analyst level. Give Increment every 2 years. That too 10%. 7. Quality Control Methods are unnecessary complicated, lengthy and has no supported scientific studies performed to support Method Validation data. 8. No vision for future expansion. Entire company is running on 2-3 products.

Salary - Bad

+2 more

Assistant Brand Manager in New Delhi

Full Time

Healthcare & Life Sciences Department

2.0

• posted on 13 Apr 2021

1.0

for Salary and Benefits

Likes

The manpower is less. So, the only good point is that you gain experience handling lots of responsibities on your own.

Dislikes

No scope of skill improvisation, specially for brand managers. No stability, inappropriate compensation.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Panacea Biotec Territory Manager Salary FAQs

What is the salary of Territory Manager at Panacea Biotec ?

The average salary of a Territory Manager at Panacea Biotec in India typically ranges from ₹3.0 Lakhs to ₹7.4 Lakhs per year, depending on experience (from 2 years to 19 years).

The top 10% of Territory Manager at Panacea Biotec earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. Territory Manager Salaries at Panacea Biotec 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 8 Panacea Biotec employees in India.

What is the estimated take home salary of a Territory Manager at Panacea Biotec in India?

The estimated take-home salary of a Territory Manager at Panacea Biotec in India typically ranges from ₹41,161 to ₹42,309 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from 2 years to 19 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 8 salaries received from various employees of Panacea Biotec. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Panacea Biotec for Territory Manager in India?

Torrent Pharmaceuticals	₹3.0 Lakhs to ₹10.0 Lakhs per year
Biocon Biologics	₹5.5 Lakhs to ₹8.5 Lakhs per year
LifeCell International	₹4.4 Lakhs to ₹8.5 Lakhs per year
Biocon Limited	₹4.2 Lakhs to ₹8.6 Lakhs per year
Sun Pharmaceutical Industries	₹4.7 Lakhs to ₹8.9 Lakhs per year

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

What is the salary of a Territory Manager in companies similar to Panacea Biotec in India?

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

Cipla	₹1.8 Lakhs to ₹8.0 Lakhs per year
JK Agri Genetics	₹3.1 Lakhs to ₹5.3 Lakhs per year
Glenmark Pharmaceuticals	₹3.3 Lakhs to ₹5.8 Lakhs per year
Serum Institute of India	₹4.0 Lakhs to ₹4.8 Lakhs per year
Lupin	₹3.4 Lakhs to ₹5.0 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 Manager at Panacea Biotec in India?

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

Experience	Average Salary Range
2 years	₹1.4 Lakhs to ₹3.8 Lakhs per year
3 years	₹3.0 Lakhs to ₹6.6 Lakhs per year
4 years	₹3.2 Lakhs to ₹7.0 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Panacea Biotec Territory Manager Salaries

Panacea Biotec Territory Manager salary in India ranges between ₹3 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Panacea Biotec latest salaries received from various employees of Panacea Biotec.