Setu Nutrition Formulation & Development Executive Salaries by 4 Employees

9 - 12 years exp.

₹5.9 Lakhs - ₹7.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% more than the average Formulation & Development Executive Salary for 9 - 12 years of experience

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Last Updated: 17 Jul 2024

Companies similar to Setu Nutrition for Formulation & Development Executive

Company name	Avg Annual Salary	Open Jobs
Precise Chemipharma Formulation & Development Executive Salary 5 - 12 years exp. (5 salaries)	₹4 L/yr - ₹6.1 L/yr 25% less
Raptakos Brett and Company Formulation & Development Executive Salary 5 - 8 years exp. (4 salaries)	₹6.6 L/yr - ₹8.4 L/yr 12% more
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Akums Drugs & Pharmaceuticals Limited Formulation & Development Executive Salary 8 - 11 years exp. (4 salaries)	₹7.2 L/yr - ₹10.6 L/yr 36% more
Rubicon Research Formulation & Development Executive Salary 7 - 10 years exp. (4 salaries)	₹5.4 L/yr - ₹9.2 L/yr 2% more
J B Chemicals And Pharmaceuticals Formulation & Development Executive Salary 5 - 7 years exp. (4 salaries)	₹4.3 L/yr - ₹6.2 L/yr 17% less

Formulation & Development Executive salary at Setu Nutrition ranges between ₹5.9 Lakhs to ₹7.5 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Setu Nutrition.

Experience wise Setu Nutrition Formulation & Development Executive salaries

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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11 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

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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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Setu Nutrition Formulation & Development Executive Salary FAQs

What is the salary of Formulation & Development Executive at Setu Nutrition ?

The average salary of a Formulation & Development Executive at Setu Nutrition in India typically ranges from ₹5.9 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of Formulation & Development Executive at Setu Nutrition earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Formulation & Development Executive Salaries at Setu Nutrition 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 Setu Nutrition employees in India.

What is the estimated take home salary of a Formulation & Development Executive at Setu Nutrition in India?

The estimated take-home salary of a Formulation & Development Executive at Setu Nutrition in India typically ranges from ₹49,613 to ₹50,785 per month. This is based on the average salary range of ₹5.9 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 9 years to 12 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 Setu Nutrition. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Setu Nutrition for Formulation & Development Executive in India?

Akums Drugs & Pharmaceuticals Limited	₹7.2 Lakhs to ₹10.6 Lakhs per year
Raptakos Brett and Company	₹6.6 Lakhs to ₹8.4 Lakhs per year
Rubicon Research	₹5.4 Lakhs to ₹9.2 Lakhs per year

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

What is the salary of a Formulation & Development Executive in companies similar to Setu Nutrition in India?

The salary of a Formulation & Development Executive at companies similar to Setu Nutrition in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

J B Chemicals And Pharmaceuticals	₹4.3 Lakhs to ₹6.2 Lakhs per year
Precise Chemipharma	₹4.0 Lakhs to ₹6.1 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 Formulation & Development Executive at Setu Nutrition in India?

The salary growth for a Formulation & Development Executive at Setu Nutrition depends on factors such as experience, performance, and promotions. On average, a Formulation & Development Executive can expect the following growth trajectory at Setu Nutrition:

Experience	Average Salary Range
9 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
10 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
11 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
12 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Setu Nutrition Formulation & Development Executive Salaries

Setu Nutrition Formulation & Development Executive salary in India ranges between ₹5.9 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Setu Nutrition latest salaries received from various employees of Setu Nutrition.