Solvate Laboratories Territory Business Manager Salaries by 5 Employees

1 - 5 years exp.

₹2.4 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

53% less than the average Territory Business Manager Salary in Pharma Companies for 1 - 5 years of experience

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Last Updated: 8 Apr 2023

Companies similar to Solvate Laboratories for Territory Business Manager

Company name	Avg Annual Salary	Open Jobs
Novartis Healthcare Territory Business Manager Salary 6 - 10 years exp. (9 salaries)	₹3.5 L/yr - ₹9.4 L/yr 124% more
Ferring Pharmaceuticals Territory Business Manager Salary 6 - 11 years exp. (4 salaries)	₹5 L/yr - ₹6.2 L/yr 79% more
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Med Manor Organics Territory Business Manager Salary 0 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.2 L/yr At par
Abbott Territory Business Manager Salary 1 - 14 years exp. (874 salaries)	₹1.7 L/yr - ₹9.3 L/yr 90% more	72 job openings
Dr. Reddy's Territory Business Manager Salary 2 - 12 years exp. (241 salaries)	₹3.5 L/yr - ₹8.4 L/yr 93% more

Territory Business Manager salary at Solvate Laboratories ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Solvate Laboratories.

Experience wise Solvate Laboratories Territory Business Manager salaries

Last Updated: 8 Apr 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in Solvate Laboratories

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Regional Business Manager Salary

(5 salaries)

₹7.5 L/yr - ₹9 L/yr

Area Business Manager Salary

(6 salaries)

₹4.5 L/yr - ₹6.6 L/yr

Area Sales Manager Salary

(4 salaries)

₹5.8 L/yr - ₹6.75 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Medical Representative Salary

(7 salaries)

₹2.2 L/yr - ₹4.18 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Medical Sales Representative Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Solvate Laboratories

2.0

Rated by 2 employees for salary & benefits

Depot Manager in Guwahati

Full Time

Healthcare & Life Sciences Department

4.0

• posted on 08 Apr 2021

3.0

for Salary and Benefits

Likes

I have complete one and half year. Work environment is too good and also management is good.

Skill development - Good

+4 more

Dislikes

I suggest that to little develop superior subordinate relationship because sometimes I found error between superior and subordinate relationship.

Senior Area Business Manager in Noida

Sales & Business Development Department

1.0

• posted on 16 Oct 2020

3.0

for Salary and Benefits

Likes

Directors and HR are good. But HR has no views of their own. Directors are dependent solely on one person.

Dislikes

Until and unless GM of Solvate shown the gate, the company with so much resources cannot cross 50crs turnover. Point to be noted it's a 17 years old company. Attrition level is highest. By way of whims an organisation cannot grow.

Skill development - Bad

+5 more

Territory Business Officer in New Delhi

Sale and marketing Department

1.0

• posted on 10 Jan 2019

1.0

for Salary and Benefits

Likes

My experience was very horrible after leaving job I couldn't get anything for organisation even experience certificate and full and final settlement amount solvate lab HR department do terrible job alwyes with Thier employees after resignation and GM behavior is also change after leaving the job

Dislikes

HR department work management and Working culture

Salary - Bad

+6 more

see more salary related reviews

Top trending discussions

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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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Solvate Laboratories Territory Business Manager Salary FAQs

What is the salary of Territory Business Manager at Solvate Laboratories ?

The average salary of a Territory Business Manager at Solvate Laboratories in India typically ranges from ₹2.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Territory Business Manager at Solvate Laboratories earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Territory Business Manager Salaries at Solvate Laboratories 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 5 Solvate Laboratories employees in India.

What is the estimated take home salary of a Territory Business Manager at Solvate Laboratories in India?

The estimated take-home salary of a Territory Business Manager at Solvate Laboratories in India typically ranges from ₹22,481 to ₹23,957 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 5 salaries received from various employees of Solvate Laboratories. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Solvate Laboratories for Territory Business Manager in India?

Novartis Healthcare	₹3.5 Lakhs to ₹9.4 Lakhs per year
Dr. Reddy's	₹3.5 Lakhs to ₹8.4 Lakhs per year
Abbott	₹1.7 Lakhs to ₹9.3 Lakhs per year
Ferring Pharmaceuticals	₹5.0 Lakhs to ₹6.2 Lakhs per year

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

What is the salary of a Territory Business Manager in companies similar to Solvate Laboratories in India?

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

Med Manor Organics

₹3.0 Lakhs to ₹3.2 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 Territory Business Manager at Solvate Laboratories in India?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Solvate Laboratories Territory Business Manager Salaries

Solvate Laboratories Territory Business Manager salary in India ranges between ₹2.4 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Solvate Laboratories latest salaries received from various employees of Solvate Laboratories.