NovelCath Salary

NovelCath Salary

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As of July 2026, the average annual salary for employees at NovelCath in the United States is $99,974. This translates to an approximate hourly wage of $48. Salaries at NovelCath typically range from $88,071 to $112,903 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at NovelCath

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Is NovelCath’s Pay Competitive? Salary Benchmarking Analysis

How does NovelCath'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
Nerves & Bones Inc $99,204
-0.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Orthobond Corp $100,765
+0.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Urotronic Inc $100,691
+0.7%
Indicates identical technical requirements and experience levels between the two firms.
Pelvital Inc $101,915
+1.9%
Suggests Pelvital Inc utilizes a highly similar base-plus-benefits compensation model.
Biotechnology Industry $130,524
+30.6%
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 NovelCath's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at NovelCath

Considering a career at NovelCath? 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.
There are clear career paths, and mentorship is available at multiple levels. If you’re stuck, someone is always willing to lend a hand or offer advice. This company truly values its employees. A professional and competent organization that values process and compliance. The office environment is quiet and professional, but collaboration can feel transactional. I appreciate the company’s strong et...
Commented in March 30, 2025
47
3
There's a good level of autonomy in my role, and contributions are consistently recognized and appreciated by leadership, which boosts morale and encourages continued high performance from the entire team. Professional atmosphere; limited cross-functional collaboration in some areas. Research is interesting, though processes can feel bureaucratic at times. The culture fosters curiosity, encourages...
Commented in March 23, 2025
29
2
Training covers basics; self-driven learning is often necessary. There’s a genuine spirit of helping one another. The global impact is truly inspiring.
Commented in February 04, 2024
33
3

NovelCath Overview

Website
www.novelcath.com
Founded In
1973
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
8609 Xylon Ct Brooklyn Park Minnesota MN 55445
Revenue
<$5 Million
Phone Number
+1 7634945551
Social Media
About NovelCath
NovelCath is a US based contract manufacturer of highly engineered catheter delivery systems based in the medical device alley of the Twin Cities MN. We specialize in the design, development and manufacturing of minimally invasive interventional delivery systems ranging from Structural Heart to Electrophysiology and Neurovascular applications. Our team is led by well known and trusted industry vet

What Benefits Does NovelCath Offer Beyond Salary?

A competitive compensation package is more than just a salary. NovelCath 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)
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at NovelCath.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from NovelCath, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of NovelCath salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of NovelCath

1. What is the typical salary range (low to high) for most roles at NovelCath?

The typical annual salary range for most roles at NovelCath is approximately from $88,071 to $112,903. 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. How much does NovelCath pay compared to Nerves & Bones Inc?

The average annual salary at NovelCath is $99,974, or an hourly wage of $48, in comparison to Nerves & Bones Inc which pays $99,204 per year or $48 per hour.

3. Do salaries differ significantly between departments at NovelCath?

Yes, salaries often differ between departments at NovelCath due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at NovelCath?

Experience level is a significant factor in determining salary at NovelCath, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from NovelCath in Minneapolis is fair given the local cost of living?

To determine if a salary offer from NovelCath in Minneapolis is fair, first compare the gross salary to our data for similar roles at NovelCath and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

6. Why might an individual's actual salary at NovelCath differ from the ranges shown here?

An individual's actual salary at NovelCath can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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