NOVATION Industries Salary

How much does the NOVATION Industries Pay for employees?

As of August 2026, the average hourly salary for employees at NOVATION Industries in the United States is $45. This translates to an approximate annual wage of $94,067. Salaries at NOVATION Industries typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company. NOVATION Industries’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does NOVATION Industries Pay for Different Roles?

Explore detailed salary information for specific jobs at NOVATION Industries. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at NOVATION Industries

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

Is NOVATION Industries’s Pay Competitive? Salary Benchmarking Analysis

How does NOVATION Industries’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
NOVATION Industries
MFG Durable
Hansen Plastics Corp
Polypak Packaging Inc
Industry Comparison
Our data shows that, on average, compensation at NOVATION Industries is below the average for the U.S. MFG Durable industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared NOVATION Industries average annual salary with several similar companies. NOVATION Industries average salary of $94,067 is lower than Hansen Plastics Corp, which has an average salary of $100,016. It is lower than Polypak Packaging Inc, with their average salary at $106,893. This places NOVATION Industries in a developing position among its peers.
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Employee Reviews: Working at NOVATION Industries

Considering a career at NOVATION 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.
There's a strong sense of pride among the employees here. Flexible scheduling options provide work-life balance, which employees appreciate. Employees experience steady work and average benefits, but workload spikes can increase pressure. Management is fair and genuinely interested in our well-being, making it a rewarding place to build a career. Schedules are consistent, which is important for pl...
It’s a great workplace for those seeking a supportive and collaborative manufacturing career. The production planning is thoughtful, avoiding unnecessary overtime while meeting customer demands. They invest in their employees through skills development and promoting from within. Workplace culture is professional but can feel formal or rigid. The work gets done efficiently, but there’s little emoti...
You’re expected to meet targets, and if you do, you’re mostly left alone. Safety protocols are strictly enforced, ensuring a secure environment for all. Benefits surpass industry standards, including health coverage and retirement plans. The operation maintains cutting-edge facilities while preserving valuable institutional knowledge. Entry-level roles offer decent stability but limited room to gr...
The company offers a decent working environment with clear guidelines and expectations. One of the best things about working here is the people. There’s a strong sense of unity and shared purpose among coworkers. Smooth production, reliable deliveries, and quality workmanship define our plant. There's immense pride in seeing our products in the market and knowing the collective effort that went in...
Safety is a top priority, and protocols are taken seriously. Everyone is willing to lend a hand, and there's a strong sense of camaraderie. Training is decent but basic.

NOVATION Industries Overview

Website
www.novationindustries.com
Founded In
1967
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
5151 Bolger Ct Mchenry Illinois IL 60050
Revenue
$10 Million - $50 Million
Phone Number
+1 8155788888
Social Media
About NOVATION Industries
NOVATION Industries is a product design, development, and contract manufacturing company that also provides custom plastic injection molding, testing, and on-time delivery. It specializes in integrated product development services including industrial design, injection molding and sourcing, contract manufacturing, and logistics. The company's core ideology drives innovation, efficiency and a custo

What Benefits Does NOVATION Industries Offer Beyond Salary?

A competitive compensation package is more than just a salary. NOVATION 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at NOVATION Industries.
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 NOVATION Industries, 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 NOVATION Industries 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.

FAQs of NOVATION Industries

1. How much does a NOVATION Industries employee make?

NOVATION Industries pays its employees an average of $45 per hour. The average salary at NOVATION Industries range from $40 to $51 per hour. 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 NOVATION Industries?

The salary at NOVATION Industries is lesser than the similar company. The average annual salary at NOVATION Industries is $94,067, or an hourly wage of $45, in comparison to Hansen Plastics Corp which pays $100,016 per year or $48 per hour.

3. How much does a Chief Executive Officer typically earn at NOVATION Industries?

A Chief Executive Officer at NOVATION Industries typically earns an average hourly base salary of around $350, with a general range of $268 to $441.

4. Do employees with advanced degrees (Master's, PhD) earn more at NOVATION Industries?

In many roles at NOVATION Industries, 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.

5. How does the cost of living near Chicago affect the perceived value of a NOVATION Industries salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from NOVATION Industries based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does NOVATION Industries typically offer employees?

NOVATION Industries 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 NOVATION Industries" section on this page.