When it comes to location, the highest average paycheck (approximately $128K per year) can be spotted in East Hanover, N.J.; Cambridge, Mass. ($115K), San Diego, Calif. ($100K), and Fort Worth, Texas ($98K) are the next top-paying cities. Approaching the lower end of the pay scale (at around $75K) is Parsippany, N.J. Across its U.S. offices, the state of New Jersey pays Novartis the most — about $121K annually on average.
Years of Experience
For those with one to four years of experience, median paychecks reach $72K per year. Survey participants who have worked at Novartis for between five and 10 years earn around $97K annually on average. Overall, the greater share of Novartis folks have 10-19 years of experience and earn an average $118K per year.
Earning $125K annually on average, Medical Science Liaisons receive the most money, followed by Operations Managers (about $121K), Sales Associates (approximately $118K), and Senior Sales Executives (around $109K). Among the lower-paid positions at Novartis are Pharmaceuticals Sales Representatives — the median salary for this role approaches $86K.
Certifications and Degrees
Medical Licenses earn $268K per year, far more than their non-accredited counterparts. Earning a Registered Pharmacist certification garners significant financial rewards of $125K annually on average. It pays to have an Executive Masters of Business Administration (Exec MBA) at Novartis — these employees make the most at about $207K per year.
Employees who count Strategic Planning among their skills enjoy higher pay; the median for this group is approximately $135K annually. Project Management is considered a run-of-the-mill skill; just under a fifth of Novartis' people use it regularly. Many workers usually know Microsoft Excel, Leadership, and Clinical Research as well.
Benefits and Perks
Benefits packages do tend to lack paid time off; Novartis gives paid vacation days to 38 percent and sick leave to a quarter of respondents. A strong majority of workers set aside retirement funds in an employer-sponsored 401(k). Health insurance is part of the package for a large number of respondents, and for most respondents, dental coverage is too. Additional benefits of working here are life insurance, a subsidized cell phone, tuition reimbursement, and a casual working environment.