Executive Directors are awarded the highest paychecks, with compensation nearing approximately $241K per year on average; Medical Science Liaisons are next on the list, bringing in close to $125K, followed by Regulatory Affairs Managers earning around $120K and Clinical Trial Managers making $107K. Among the lower-paid positions at Novartis are Administrative Assistants — the median salary for this role approaches $56K.
Years of Experience
Five to nine years of work experience seem to result in median wages of about $95K annually. Those with one to four years of experience at the company can expect to make approximately $68K per year on average. Overall, the greater share of Novartis folks have 10-19 years of experience and earn an average $117K annually.
When it comes to location, the highest average paycheck (about $109K per year) can be spotted in East Hanover, N.J.; Boston, Mass. (around $100K), Fort Worth, Texas ($99K), and New York, N.Y. ($87K) are the next top-paying cities. On the lower end is Parsippany, N.J. at about $68K. Across its U.S. offices, the state of Georgia pays Novartis the most — $117K annually on average.
Certifications and Degrees
Project Management Professionals earn around $123K per year, far more than their non-accredited counterparts. On average, salaries rise to $122K annually for accredited Registered Pharmacists. The best paid folks at Novartis have a Doctorate (PhD), earning approximately $135K per year.
The highest-paying skill to have in this role seems to be Operations Management; employees claiming this as part of the toolbox earn a median of $114K annually. Project Management is a popular skill in the Novartis workforce; just under one-fifth of those surveyed report putting it to use in their jobs. Key skills also include Clinical Research, Microsoft Excel, and Microsoft Office.
Benefits and Perks
Two in five employees have paid vacation, and only about one in four employees can take paid time off for illness. A large number of employees 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 employees, dental coverage is too. Additional benefits of working here are a company cell phone, a casual working environment, life insurance, and tuition reimbursement.