Novum Pharma Salary

As of October 2026, the average hourly salary for employees at Novum Pharma in the United States is $46. This translates to an approximate annual wage of $96,381. Salaries at Novum Pharma typically range from $41 to $52 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Novum Pharma Pay for Different Roles?

Explore detailed salary information for specific jobs at Novum Pharma. Based on our data, the highest paying job is the Associate Director, Operations, with an hourly wage of $88. The table below outlines the hourly wage ranges for most popular roles within the company.

Part-time Hostess

$12 / hour

Salary Range: $11 - $14

Hospitality

Part-time Food Runner-Busser

$16 / hour

Salary Range: $14 - $18

IT Infrastructure

Club Housekeeper

$34 / hour

Salary Range: $29 - $40

Security Specialization

Part-Time Front Desk Receptionist

$18 / hour

Salary Range: $17 - $21

Customer Service

Banquet Chef

$31 / hour

Salary Range: $27 - $36

Culinary

Research Associate

$33 / hour

Salary Range: $29 - $37

Research

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About Novum Pharma: Company Profile

Website
www.novumrx.com
Founded In
2015
Employees
25 - 50 employees
Industry
Pharmaceuticals
Headquarter Location
CHICAGO
Revenue
<$5 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Novum Pharma's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The research facilities are top-notch, and the work contributes to meaningful medical advancements. Joining this company was one of the best career decisions I’ve made. The benefits package is excellent, and there are regular wellness programs. Career development opportunities are plentiful, and the company culture is uplifting. The onboarding process was smooth, and mentors are always available.
Benefits are competitive, and there’s a strong focus on work-life balance. The team is talented and supportive, making collaboration easy. Health and wellness programs, including gym subsidies, are a nice perk. Competitive salary and good career progression. I feel valued and challenged in equal measure here. Processes are efficient. I’ve thoroughly enjoyed my time at this company. The benefits pa...
Management is open to feedback, fostering a positive culture. While some processes are rigid, the overall experience is stable and professional. The office environment is modern, with good amenities. The pharmaceutical focus keeps things engaging, though innovation could be slightly faster. A fantastic workplace for driven professionals.

Is Novum Pharma’s Pay Competitive? Salary Benchmarking Analysis

How does Novum Pharma's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
NORVELL SKIN SOLUTIONS, LLC $41
-11.4%
NORVELL SKIN SOLUTIONS, LLC focuses strategically on recruiting and training entry-level apprentices.
NORTHERN BIOLOGICS $50
+7.4%
Reflects a supply-demand imbalance for the specific talent NORTHERN BIOLOGICS targets.
NESTLÉ SKIN HEALTH $43
-8.1%
Reflects market rates for standard general contracting, differing from specialized roles.
NUCANA PLC $50
+7.8%
Data suggests NUCANA PLC's workforce skews heavily towards veteran, high-tenure roles.
Pharmaceuticals Industry $65
+38.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Novum Pharma.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Novum Pharma, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Novum Pharma salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Novum Pharma

FAQ 1: What is the average salary for employees at Novum Pharma?
The average total compensation for employees at Novum Pharma is approximately $46 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $41 to $52 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Novum Pharma pay compared to NORVELL SKIN SOLUTIONS, LLC?
The average annual salary at Novum Pharma is $96,381, or an hourly wage of $46, in comparison to NORVELL SKIN SOLUTIONS, LLC which pays $85,408 per year or $41 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Novum Pharma?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Novum Pharma for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Novum Pharma offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?
While some companies offer formal COLA, many, including potentially Novum Pharma, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 5: What's the typical process for salary reviews and raises at Novum Pharma?
Most companies, likely including Novum Pharma, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.