Executive Directors rake in the most money, with average earnings of approximately $250K annually; Medical Affairs Directors come in second with average earnings amounting to $180K, while Training Managers and Clinical Trial Managers rank near the top as well (around $107K and $107K, respectively). Among the lower-paid positions at Novartis are Administrative Assistants — the median salary for this role approaches $56K.
Years of Experience
For those with one to four years of experience, median paychecks reach about $68K per year. Respondents who have been working for five to nine years make $92K annually on average. When we consider tenure, a substantial portion of employees (35 percent) have been working for 10-19 years and make about $115K per year on average.
When it comes to location, the highest average paycheck ($110K annually) can be spotted in Boston, Mass.; East Hanover, N.J. ($103K), Fort Worth, Texas (approximately $95K), and New York, N.Y. (around $87K) are the next top-paying cities. On the lower end is Emeryville, Calif. at $73K. Novartis workers in New Jersey earn the most — around $112K per year on average.
Certifications and Degrees
Monetary compensation comes to about $123K annually for Project Management Professionals, far surpassing the earnings of non-credentialed workers. Registered Pharmacists also rank high on the pay scale, with expected average earnings of $120K per year. It pays to have a Doctorate (PhD) at Novartis — these employees make the most at $135K annually.
When it comes to skills, employees who report Leadership among their abilities seem to make the most, reporting a median income of approximately $142K per year. Folks here also tend to know Project Management; on the survey, approximately one-seventh of workers named it in their skills portfolios. Other top skills include Clinical Research, Microsoft Excel, and Microsoft Office.
Benefits and Perks
Paid time off is in short supply here, with only two in five respondents receiving paid vacation and a quarter of workers receiving paid sick days. Most survey participants plan for retirement by taking advantage of the company-sponsored 401(k) program. At Novartis, most respondents have health insurance, and most employees have dental coverage. Perks also include a subsidized cell phone, life insurance, a casual working environment, and tuition reimbursement.