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Novidan Salary

Novidan Salary

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As of September 2026, the average annual salary for employees at Novidan in the United States is $95,080. This translates to an approximate hourly wage of $46. Salaries at Novidan typically range from $83,617 to $107,514 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Novidan Pay for Different Roles?

Explore detailed salary information for specific jobs at Novidan. Based on our data, the highest paying job is the President & Founder, with an annual salary of $736,000. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Novidan’s Pay Competitive? Salary Benchmarking Analysis

How does Novidan'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
Gfo Stone LLC $102,737
+8.1%
Driven by niche technical certifications required for Gfo Stone LLC's specialized projects.
Red Rock Sales and Marketing Inc $88,287
-7.1%
Typical compensation structure for smaller regional agencies like Red Rock Sales and Marketing Inc.
Arnold Stove & Fireplace Center $87,907
-7.5%
Normalized for lower cost-of-living zones where Arnold Stove & Fireplace Center primarily operates.
Pacific Marine & Energy Resources Inc $93,392
-1.8%
Confirms Pacific Marine & Energy Resources Inc is a direct competitor vying for the exact same talent pool.
Retail & Wholesale Industry $123,318
+29.7%
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 Novidan's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Novidan

Considering a career at Novidan? 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 company culture emphasizes teamwork, and there are regular team-building activities that foster strong relationships. The retail team works well under pressure, and managers are supportive. The company fosters a positive and inclusive culture. The benefits, including retirement plans and wellness programs, are excellent.
Commented in May 13, 2025
20
2
Benefits are competitive, and the company culture fosters inclusivity. Good benefits and fair pay. The benefits are excellent, and the work culture is collaborative.
Commented in November 22, 2024
34
3
The company is well-established in the retail industry. The company operates smoothly with a focus on efficiency. It’s a good fit for those seeking stability. Hours fit my schedule well. It’s a decent place to work if you value consistency in a large organization. I appreciate the work-life balance initiatives, such as flexible scheduling and remote work options for certain roles. The company also...
Commented in August 31, 2024
17
1

Novidan Overview

Website
www.novidaninc.com
Founded In
2018
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
672 Mendelssohn Ave N Golden Valley Minnesota MN 55427
Revenue
<$5 Million
Phone Number
+1 6122057669
Social Media
About Novidan
Novidan was founded on the principle that hearing is essential to life. We believe hearing aids should be affordable to all, regardless of economic status. To make an affordable hearing aid, we see many other companies use antiquated designs, outdated technology, and simply low quality components. We started Novidan to prove that great design, high quality and performance do not have to be sacrifi

What Benefits Does Novidan Offer Beyond Salary?

A competitive compensation package is more than just a salary. Novidan 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 Novidan?
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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 Novidan.
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 Novidan, 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 Novidan 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 Novidan

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

The typical annual salary range for most roles at Novidan is approximately from $83,617 to $107,514. 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 Novidan pay compared to Gfo Stone LLC?

The average annual salary at Novidan is $95,080, or an hourly wage of $46, in comparison to Gfo Stone LLC which pays $102,737 per year or $49 per hour.

3. Do salaries differ significantly between departments at Novidan?

Yes, salaries often differ between departments at Novidan 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 Novidan?

Experience level is a significant factor in determining salary at Novidan, 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 Novidan in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Novidan in Minneapolis is fair, first compare the gross salary to our data for similar roles at Novidan 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 Novidan differ from the ranges shown here?

An individual's actual salary at Novidan 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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