Novitec Industries Salary

As of September 2026, the average annual salary for employees at Novitec Industries in the United States is $83,445. This translates to an approximate hourly wage of $40. Salaries at Novitec Industries typically range from $73,482 to $94,198 annually, reflecting the diverse roles and experience levels within the company.
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Is Novitec Industries’s Pay Competitive? Salary Benchmarking Analysis

How does Novitec Industries'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
Herald Industries of Sheridan Inc $88,761
+6.4%
Driven by niche technical certifications required for Herald Industries of Sheridan Inc's specialized projects.
Galyon's Machine Shop Inc $83,603
+0.2%
Confirms Galyon's Machine Shop Inc is a direct competitor vying for the exact same talent pool.
Slim Devices Inc $115,701
+38.7%
Reflects a supply-demand imbalance for the specific talent Slim Devices Inc targets.
Perkins Cabinet Shop & Building Supply Inc $86,842
+4.1%
Adjusted for higher cost-of-living indices in Perkins Cabinet Shop & Building Supply Inc's primary metro hubs.
MFG Durable Industry $121,746
+45.9%
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.

Employee Reviews: Working at Novitec Industries

Considering a career at Novitec Industries? 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.
What makes this company stand out is the mutual respect between employees and management. The team dynamic on the floor is excellent, and support from engineering and logistics is consistent. The training doesn't stop after orientation - there are regular skills upgrades and safety refreshers. The team spirit is strong, and colleagues are always willing to assist one another. Communication between...
They offer good health and wellness programs, showing a genuine concern for employee well-being beyond just workplace safety. Work environment is stable with typical benefits, though some employees find communication between departments inconsistent. We’ve seen steady improvements in every area. Leadership balances production demands with reasonable expectations, avoiding the burnout common in man...
Communication between departments can be inconsistent, occasionally impacting productivity. Benefits are competitive, including health insurance and retirement plans. It won’t excite you, but it likely won’t frustrate you either. A strong sense of teamwork and accountability keeps this place moving efficiently. Welcoming environment with helpful coworkers.

Novitec Industries Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
145 Reasonover Ave Franklin Kentucky KY 42134
Revenue
$5 Million - $10 Million
Phone Number
+1 2705867711
Social Media
About Novitec Industries
Novitec Industries is a company that operates in the Machinery industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Franklin, Kentucky.

What Benefits Does Novitec Industries Offer Beyond Salary?

A competitive compensation package is more than just a salary. Novitec Industries 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 Frankfort?

Understanding the cost of living near Frankfort is key to truly evaluating a salary offer or your current compensation at Novitec Industries.
Frankfort's Cost of Living Index is approximately 84.7 (15.3% less expensive than US average; 8.8% less than KY average). State capital, affordable housing. FTS. When planning your budget based on a salary from Novitec Industries, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Novitec Industries salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,940 - $3,120+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Novitec Industries

1. What is the estimated average total compensation at Novitec Industries?

Salary.com estimates that the average total compensation package at Novitec Industries, which can include base salary, potential bonuses, and benefits, is around $83,445 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Novitec Industries pay compared to Herald Industries of Sheridan Inc?

The average annual salary at Novitec Industries is $83,445, or an hourly wage of $40, in comparison to Herald Industries of Sheridan Inc which pays $88,761 per year or $43 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Novitec Industries?

Salary progression from an entry-level to a senior role at Novitec Industries can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Novitec Industries in Frankfort is fair given the local cost of living?

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

5. Are promotions at Novitec Industries usually accompanied by a significant salary increase?

Yes, promotions at Novitec Industries are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.