Average Pharmaceutical Manager Salary in Azerbaijan for 2024

In this article, we will look at the average Pharmaceutical Manager salary for 2024 in Azerbaijan and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Azerbaijani manat. To keep things simple, we are using the AZN currency code instead of the currency symbol โ‚ผ.

How Much Does a Pharmaceutical Manager Make in Azerbaijan?

A Pharmaceutical Manager working in Azerbaijan will typically earn around 77,100 AZN per year, and this can range from the lowest average salary of about 36,720 AZN to the highest average salary of 123,400 AZN.

Average Annual Salary
77,100 AZN
Average Monthly Salary
6,425 AZN

Lowest Annual Salary
36,720 AZN
Lowest Monthly Salary
3,060 AZN

Highest Annual Salary
123,400 AZN
Highest Monthly Salary
10,283 AZN

These are average salaries for a Pharmaceutical Manager in Azerbaijan and include benefits such as housing and transport. It's also possible for a Pharmaceutical Manager to earn more or less than the average salaries shown above.

Pharmaceutical Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Pharmaceutical Manager Salaries in Azerbaijan

So we've looked at the average salaries a Pharmaceutical Manager will earn in Azerbaijan. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Pharmaceutical Manager can earn between 36,720 AZN and 123,400 AZN on average in Azerbaijan. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Pharmaceutical Manager in Azerbaijan is 78,260 AZN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 78,260 AZN, and 50% of the population earn more than 78,260 AZN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Pharmaceutical Manager salary in Azerbaijan, 25% of the population are earning less than 51,900 AZN while 75% of the population earn more than 51,900 AZN.

75% of the population earn less than 103,840 AZN, and 25% of the population earn more than 103,840 AZN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Pharmaceutical Manager Salary by Experience Level in Azerbaijan

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average pharmaceutical manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Pharmaceutical Manager in Azerbaijan that has less than two years of experience can expect to earn somewhere in the region of 45,620 AZN.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Manager salary would increase to 60,480 AZN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Manager, the average salary would be 79,500 AZN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 101,920 AZN.
  • 15 - 20 Years Experience. A Pharmaceutical Manager with 15 to 20 years of experience can earn an average of 107,320 AZN.
  • 20+ Years Experience. For a Pharmaceutical Manager with more than 20 years, the expected average salary increases to 113,700 AZN.

Average Salary by Experience Chart

0-2 Years
45,620 AZN
2-5 Years +29%
60,480 AZN
5-10 Years +38%
79,500 AZN
10-15 Years +24%
101,920 AZN
15-20 Years +7%
107,320 AZN
20+ Years +7%
113,700 AZN

Pharmaceutical Manager Salary by Education Level in Azerbaijan

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Pharmaceutical Manager in Azerbaijan based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Pharmaceutical Manager in Azerbaijan with a bachelor's degree education can earn an average salary of 54,140 AZN.

  • Master's Degree. A Pharmaceutical Manager in Azerbaijan with a master's degree education can earn an average salary of 73,100 AZN.

  • PhD. A Pharmaceutical Manager in Azerbaijan with a phd education can earn an average salary of 119,900 AZN.

Average Salary by Education Chart

Bachelor's Degree
54,140 AZN
Master's Degree +38%
73,100 AZN
PhD +64%
119,900 AZN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Azerbaijan is around 14,700 to 44,200 AZN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Pharmaceutical Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Azerbaijan, a male pharmaceutical manager will earn an average of 82,160 AZN, while a female pharmaceutical manager will earn around 74,060 AZN.

This means that a male pharmaceutical manager earns approximately 11% more than a female pharmaceutical manager for performing the same job.

Average Salary by Gender Chart in Azerbaijan

Male
82,160 AZN
Female -11%
74,060 AZN

Pharmaceutical Manager Average Pay Raise in Azerbaijan

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Pharmaceutical Manager in Azerbaijan is around 11% every 22 months.

The national average pay raise across all professions and industries in Azerbaijan is around 7% every 20 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 22 ) × 12  = 6%

What this means is that a Pharmaceutical Manager in Azerbaijan can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Azerbaijan for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Azerbaijan.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Pharmaceutical Manager Bonus and Incentive Rates in Azerbaijan

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Pharmaceutical Manager is a high bonus based job, with 80% of employees reporting at least one bonus in the last 12 months.

20% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
80%
No Bonus
20%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Azerbaijan earn approximately 3% more than private sector employees in the same role.

Public Sector
36,020 AZN
Private Sector -3%
34,980 AZN

Salaries for Jobs Similar to a Pharmaceutical Manager

In the table below, we have salary information for jobs that are similar to a Pharmaceutical Manager in Azerbaijan.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 31,540 AZN
Assistant Pharmacy Director Pharmaceutical and Biotechnology 55,020 AZN
Associate Medical Affairs Director Pharmaceutical and Biotechnology 78,160 AZN
Bioinformatics Scientist Pharmaceutical and Biotechnology 68,360 AZN
Bioinformatics Technician Pharmaceutical and Biotechnology 33,120 AZN
Biological Scientist Pharmaceutical and Biotechnology 77,400 AZN
Biological Technician Pharmaceutical and Biotechnology 31,980 AZN
Biomedical Engineer Pharmaceutical and Biotechnology 31,660 AZN
Biomedical Engineering Director Pharmaceutical and Biotechnology 61,460 AZN
Biostatistician Pharmaceutical and Biotechnology 50,580 AZN
Biotechnologist Pharmaceutical and Biotechnology 47,760 AZN
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 38,140 AZN
Chemical Process Technician Pharmaceutical and Biotechnology 30,700 AZN
Clinical Consultant Pharmaceutical and Biotechnology 48,200 AZN
Clinical Data Manager Pharmaceutical and Biotechnology 49,360 AZN
Clinical Data Specialist Pharmaceutical and Biotechnology 46,720 AZN
Clinical Informatics Specialist Pharmaceutical and Biotechnology 33,980 AZN
Clinical Operations Manager Pharmaceutical and Biotechnology 66,120 AZN
Clinical Pharmacist Pharmaceutical and Biotechnology 45,580 AZN
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 59,240 AZN
Clinical Programmer Pharmaceutical and Biotechnology 23,700 AZN
Clinical Project Manager Pharmaceutical and Biotechnology 46,720 AZN
Clinical Research Associate Pharmaceutical and Biotechnology 39,560 AZN
Clinical Research Manager Pharmaceutical and Biotechnology 69,240 AZN
Clinical Study Manager Pharmaceutical and Biotechnology 55,820 AZN
Compliance Specialist Pharmaceutical and Biotechnology 45,260 AZN
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 39,960 AZN
Cytotechnologist Pharmaceutical and Biotechnology 40,560 AZN
GCP Auditor Pharmaceutical and Biotechnology 41,560 AZN
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 34,480 AZN
Manufacturing Engineer Pharmaceutical and Biotechnology 41,700 AZN
Medical Affairs Director Pharmaceutical and Biotechnology 74,380 AZN
Medical Representative Pharmaceutical and Biotechnology 29,640 AZN
Medical Science Liaison Pharmaceutical and Biotechnology 51,340 AZN
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 80,840 AZN
Nuclear Pharmacist Pharmaceutical and Biotechnology 50,240 AZN
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 88,620 AZN
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 79,240 AZN
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 42,040 AZN
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 51,900 AZN
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 49,360 AZN
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 51,120 AZN
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 36,700 AZN
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 51,400 AZN
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 43,340 AZN
Pharmaceutical Representative Pharmaceutical and Biotechnology 31,040 AZN
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 47,760 AZN
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 70,840 AZN
Pharmaceutical Researcher Pharmaceutical and Biotechnology 66,140 AZN
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 55,320 AZN
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 65,760 AZN
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 31,340 AZN
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 69,540 AZN
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 49,020 AZN
Pharmaceutical Technologist Pharmaceutical and Biotechnology 35,420 AZN
Pharmacist Pharmaceutical and Biotechnology 46,880 AZN
Pharmacy Aide Pharmaceutical and Biotechnology 31,180 AZN
Pharmacy Manager Pharmaceutical and Biotechnology 61,580 AZN
Pharmacy Stock Controller Pharmaceutical and Biotechnology 26,500 AZN
Pharmacy Technician Pharmaceutical and Biotechnology 26,500 AZN
Records Management Coordinator Pharmaceutical and Biotechnology 25,680 AZN
Shift Encapsulator Pharmaceutical and Biotechnology 26,780 AZN
Staff Pharmacist Pharmaceutical and Biotechnology 45,620 AZN

Salary Comparison by City

If you want to compare salaries with different cities in Azerbaijan, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Baku 91,840 AZN
Ganja 81,180 AZN
Sumqayit 78,160 AZN

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