ZIM Laboratories Formulation and Development Manager Salaries by 4 Employees

11 - 14 years exp.

₹15 Lakhs - ₹21.4 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Formulation and Development Manager Salary in Pharma Companies for 11 - 14 years of experience

Interested in this particular role? 1 job opening

Last Updated: 8 Jul 2024

Companies similar to ZIM Laboratories for Formulation and Development Manager

Company name	Avg Annual Salary	Open Jobs
Sri Krishna Pharmaceuticals Formulation and Development Manager Salary 8 - 9 years exp. (4 salaries)	₹13.5 L/yr - ₹14.9 L/yr 16% less
MERX HEALTHCARE Formulation and Development Manager Salary 13 - 16 years exp. (4 salaries)	₹14 L/yr - ₹16.5 L/yr 13% less
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J.Duncan Formulation and Development Manager Salary 14 - 17 years exp. (4 salaries)	₹13 L/yr - ₹14.8 L/yr 18% less
Franco-Indian Pharmaceuticals Formulation and Development Manager Salary 14 - 17 years exp. (4 salaries)	₹12.6 L/yr - ₹15 L/yr 20% less
Raptakos Brett and Company Formulation and Development Manager Salary 16 - 18 years exp. (3 salaries)	₹16.6 L/yr - ₹18.5 L/yr 3% more

Formulation and Development Manager salary at ZIM Laboratories ranges between ₹15 Lakhs to ₹21.4 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of ZIM Laboratories.

Experience wise ZIM Laboratories Formulation and Development Manager salaries

Last Updated: 8 Jul 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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13 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
14 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.6 L/yr

Similar Designation salaries in ZIM Laboratories

Formulation Scientist Salary

(3 salaries)

₹3.2 L/yr - ₹13.5 L/yr

Deputy Manager Salary

(8 salaries)

₹11 L/yr - ₹16.2 L/yr

Senior Research Associate Salary

(11 salaries)

₹3.2 L/yr - ₹5.4 L/yr

Research Scientist Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Senior Officer Salary

(18 salaries)

₹3.7 L/yr - ₹6.34 L/yr

Research Associate Salary

(95 salaries)

₹2.3 L/yr - ₹4.5 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Research Officer Salary

(19 salaries)

₹3.1 L/yr - ₹5.56 L/yr

Research Assistant Salary

(20 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Team Lead Salary

(28 salaries)

₹5.5 L/yr - ₹10 L/yr

Salary related reviews for ZIM Laboratories

Chemist in Nagpur

Full Time

Other Department

5.0

• posted on 01 May 2022

3.0

for Salary and Benefits

Likes

...agment is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are average, appraisals are fair and they give good salary hike but late and bonus every year.

Skill development - Excellent

+5 more

Dislikes

There is a bond of 2 yrs and increment will be not pay on time

QC Chemist in Kalmeshwar

Healthcare & Life Sciences Department

5.0

• posted on 18 Jun 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Executive/Sr Executive - Facility Management in Nagpur

Research & Development Department

1.0

• posted on 21 Oct 2020

1.0

for Salary and Benefits

Likes

Company provides good food that's only good thing in company

Dislikes

...ment don't have clear vision. Company don't have employee friendly policies. Increment and salary are not on time. formulation and regulatory are full of brainless abusive people.

Salary - Bad

+6 more

Manager Research Development in Kamleshwar, Nagpur

Research & Development Department

1.0

• posted on 01 Apr 2021

1.0

for Salary and Benefits

Likes

... worst organization, there higher management specially in R&D behave like Ruler. Salary not credit regularly. Working culture is completely against balance of life. Office working culture is very dangerous. Senior use abuse word with junior collegue

Dislikes

Salary - Bad
Skill development - Bad

+5 more

Senior Research Officer in Nagpur

Full Time

Research & Development Department

2.0

• posted on 24 Dec 2024

2.0

for Salary and Benefits

Likes

It's almost nothing to like work in Zim laboratories

Dislikes

Working in Zim laboratories is very terrific. You Have to ready for any shift to do work otherwise your performance will be considered as low this type of mentality person are here in upper position

Salary - Poor

+5 more

see more salary related reviews

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ZIM Laboratories Formulation and Development Manager Salary FAQs

What is the salary of Formulation and Development Manager at ZIM Laboratories ?

The average salary of a Formulation and Development Manager at ZIM Laboratories in India typically ranges from ₹15.0 Lakhs to ₹21.4 Lakhs per year, depending on experience (from 11 years to 14 years).

The top 10% of Formulation and Development Manager at ZIM Laboratories earn more than ₹21.4 Lakhs per year, and the top 1% earn over ₹21.4 Lakhs per year. Formulation and Development Manager Salaries at ZIM 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 4 ZIM Laboratories employees in India.

What is the estimated take home salary of a Formulation and Development Manager at ZIM Laboratories in India?

The estimated take-home salary of a Formulation and Development Manager at ZIM Laboratories in India typically ranges from ₹1,17,286 to ₹1,20,566 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹21.4 Lakhs per year for employees with experience ranging from 11 years to 14 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 ZIM Laboratories. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ZIM Laboratories for Formulation and Development Manager in India?

Raptakos Brett and Company

₹16.6 Lakhs to ₹18.5 Lakhs per year

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

What is the salary of a Formulation and Development Manager in companies similar to ZIM Laboratories in India?

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

MERX HEALTHCARE	₹14.0 Lakhs to ₹16.5 Lakhs per year
Sri Krishna Pharmaceuticals	₹13.5 Lakhs to ₹14.9 Lakhs per year
J.Duncan	₹13.0 Lakhs to ₹14.8 Lakhs per year
Franco-Indian Pharmaceuticals	₹12.6 Lakhs to ₹15.0 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 Formulation and Development Manager at ZIM Laboratories in India?

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

Experience	Average Salary Range
11 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
12 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
13 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
14 years	₹19.3 Lakhs to ₹24.6 Lakhs per year

and so on.

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ZIM Laboratories Formulation and Development Manager Salaries

ZIM Laboratories Formulation and Development Manager salary in India ranges between ₹15 Lakhs to ₹21.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ZIM Laboratories latest salaries received from various employees of ZIM Laboratories.