Executive Directors are the best paid with the average salary hovering at around $257K annually; Marketing Directors, Medical Science Liaisons, and Sales Specialists also rank near the top of the list, pulling in about $185K, approximately $125K, and $117K, respectively. Among the lower-paid positions at Novartis are Administrative Assistants — the median salary for this role approaches $59K.
Years of Experience
Those with one to four years of experience at the company can expect to make $70K per year on average. For those who claim five to nine years of work experience, pay on average amounts to about $94K annually. The largest fraction of Novartis people (39 percent) have been working for 10-19 years and earn approximately $115K per year on average.
When it comes to location, the highest average paycheck ($125K annually) can be spotted in San Francisco, Calif.; East Hanover, N.J. ($118K), Boston, Mass. (around $93K), and Cambridge, Mass. ($90K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Raleigh, N.C. — at about $79K, salaries are some of the lowest in the country. Within the company, workers earn the highest salaries (an average of $120K per year) in New Jersey.
Certifications and Degrees
Licensed Lawyers have significantly higher pay than non-accredited workers at approximately $197K annually. Becoming a Registered Pharmacist can certainly pay off here; those folks make $125K on average. Those with an Executive Masters of Business Administration (Exec MBA) at Novartis come out on top, and their salaries approach around $207K per year.
The highest-paying skill to have may be Strategic Planning; employees who claim proficiency also report a higher average salary of $165K annually. Project Management is a popular skill among Novartis workers, with roughly one in six of those surveyed reporting using it on the job. Many workers are also familiar with Microsoft Excel, Clinical Research, and Quality Assurance / Quality Control.
Benefits and Perks
38 percent have paid vacation, and only about a quarter of respondents can take paid time off for illness. A fair number of respondents contribute to 401(k) savings accounts sponsored by the firm. Most workers have health insurance, and benefits for a large number of employees also include dental insurance. Other privileges include a company cell phone, life insurance, tuition reimbursement, and a casual working environment.