Novel Ingredient Services Salary

Novel Ingredient Services Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of July 2026, the average annual salary for employees at Novel Ingredient Services in the United States is $112,157. This translates to an approximate hourly wage of $54. Salaries at Novel Ingredient Services typically range from $98,581 to $126,951 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Novel Ingredient Services

Ready for your next career move? Explore current job openings at Novel Ingredient Services. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Novel Ingredient Services’s Pay Competitive? Salary Benchmarking Analysis

How does Novel Ingredient Services'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
CenDak $86,683
-22.7%
Normalized for lower cost-of-living zones where CenDak primarily operates.
Swiss Bionic Solutions Canada Inc $95,523
-14.8%
Swiss Bionic Solutions Canada Inc focuses strategically on recruiting and training entry-level apprentices.
Buzzherd $103,676
-7.6%
Buzzherd may offer non-monetary perks in lieu of competitive base salaries.
High Fashion Chocolate by LaMeel $107,263
-4.4%
High Fashion Chocolate by LaMeel operates with a leaner overhead structure, impacting base wage offers.
Retail & Wholesale Industry $123,318
+10.0%
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.

How Novel Ingredient Services's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Novel Ingredient Services. Click a company name to learn more.

Employee Reviews: Working at Novel Ingredient Services

Considering a career at Novel Ingredient Services? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The hours are flexible, and management is fair. The management team is hands-on and values employee input. I appreciate the regular training sessions and career development programs. The company values its employees and promotes a healthy work-life balance. The company invests in technology to streamline workflows, making daily tasks more efficient. The employee recognition programs are a nice tou...
Commented in April 29, 2025
42
3
A great place to grow in retail. I joined this company a year ago, and it’s been a great decision. The role offers consistency with clear expectations. Always learning something new. The pay is fair, and there are regular performance bonuses.
Commented in April 28, 2025
29
0
The Wholesale division is well-run, and career development is encouraged. Fair performance evaluations. I’ve been impressed by the company’s focus on employee wellness, offering programs like mental health support and fitness incentives.
Commented in March 11, 2024
40
0

Novel Ingredient Services Overview

Website
www.yelp.com/biz/novel-ingredient-services-somerset
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
72 Deforest Ave East Hanover New Jersey NJ 07936
Revenue
$10 Million - $50 Million
Phone Number
+1 9738085900
Social Media

What Benefits Does Novel Ingredient Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Novel Ingredient Services offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Novel Ingredient Services?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Novel Ingredient Services.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Novel Ingredient Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Novel Ingredient Services salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Novel Ingredient Services

1. How much does a Novel Ingredient Services employee make?

Novel Ingredient Services pays its employees an average of $112,157 per year. The average salary at Novel Ingredient Services range from $98,581 to $126,951 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Novel Ingredient Services?

The salary at Novel Ingredient Services is higher than the similar company. The average annual salary at Novel Ingredient Services is $112,157, or an hourly wage of $54, in comparison to CenDak which pays $86,683 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Novel Ingredient Services?

In many roles at Novel Ingredient Services, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Jersey City affect the perceived value of a Novel Ingredient Services salary?

Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). This significantly impacts the purchasing power of a salary from Novel Ingredient Services based there. Our "Cost of Living Insights for Jersey City" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Novel Ingredient Services typically offer employees?

Novel Ingredient Services generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Novel Ingredient Services" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning