Novetec Group Ltd Salary

Novetec Group Ltd Salary

How much does the Novetec Group Ltd Pay for employees?

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As of August 2026, the average weekly salary for employees at Novetec Group Ltd in the United States is $1,818. This translates to an approximate annual wage of $94,531. Salaries at Novetec Group Ltd typically range from $1,598 to $2,058 weekly, reflecting the diverse roles and experience levels within the company. Novetec Group Ltd’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.
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Current Job Openings at Novetec Group Ltd

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Is Novetec Group Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Novetec Group Ltd’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Novetec Group Ltd
Retail & Wholesale
Midwest Zinc Corp
Enraf-Nonius
Industry Comparison
Our data shows that, on average, compensation at Novetec Group Ltd is below the average for the U.S. Retail & Wholesale 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 Novetec Group Ltd average annual salary with several similar companies. Novetec Group Ltd average salary of $94,531 is lower than Midwest Zinc Corp, which has an average salary of $102,548. It is lower than Enraf-Nonius, with their average salary at $98,233. This places Novetec Group Ltd in a developing position among its peers.
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How Novetec Group Ltd's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Novetec Group Ltd

Considering a career at Novetec Group Ltd? 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 invests in employee development, offering regular training and promotions. There’s a strong sense of community, with volunteer opportunities and social events. The company offers competitive pay, flexible schedules, and a supportive team. The retail environment is well-maintained, and management is fair. Suitable for those who prefer routine in retail operations.
Commented in April 06, 2025
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The company has a positive atmosphere where employees feel appreciated. The work is meaningful, and the team is motivated. Hours fit my schedule well. The company offers a great work-life balance and flexible scheduling. The company values employee input, and there are frequent opportunities for skill development. The job is stable, and the company maintains a good reputation in the industry. Whil...
Commented in January 20, 2025
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The workplace culture is inclusive, and diversity is celebrated. The company offers great work-life balance and solid benefits. The workload is manageable, and expectations are clearly communicated. Benefits are competitive, and the workload is manageable.
Commented in January 01, 2024
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Novetec Group Ltd Overview

Website
www.novetecgroup.com
Founded In
2007
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
3033 Marbella Ct West Palm Beach Florida FL 33409
Revenue
$10 Million - $50 Million
Phone Number
+1 5613170186
Social Media
About Novetec Group Ltd
Novetec Group was established with a core principle of providing excellence in service, with YOU, our esteemed customer as its top priority. It also means our promise to continually provide you with superior quality products and conform to the requirements. We are committed to deliver competitive pricing on high-quality products that confirm to industry standards, while improving the entire supply

What Benefits Does Novetec Group Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Novetec Group Ltd 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 West Palm Beach?

Understanding the cost of living near West Palm Beach is key to truly evaluating a salary offer or your current compensation at Novetec Group Ltd.
West Palm Beach's Cost of Living Index is approximately 113.8 (13.8% more expensive than US average; 10.4% more than FL average). South Florida city, higher housing costs, near affluent Palm Beach. Palm Tran, Tri-Rail. When planning your budget based on a salary from Novetec Group Ltd, 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 Novetec Group Ltd salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Palm Tran monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,190 - $5,060+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Novetec Group Ltd

1. How much does a Novetec Group Ltd employee make?

Novetec Group Ltd pays its employees an average of $94,531 per year. The average salary at Novetec Group Ltd range from $83,086 to $107,001 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 Novetec Group Ltd?

The salary at Novetec Group Ltd is lesser than the similar company. The average annual salary at Novetec Group Ltd is $94,531, or an hourly wage of $45, in comparison to Midwest Zinc Corp which pays $102,548 per year or $49 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Novetec Group Ltd?

In many roles at Novetec Group Ltd, 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 West Palm Beach affect the perceived value of a Novetec Group Ltd salary?

West Palm Beach's Cost of Living Index is approximately 113.8 (13.8% more expensive than US average; 10.4% more than FL average). This significantly impacts the purchasing power of a salary from Novetec Group Ltd based there. Our "Cost of Living Insights for West Palm Beach" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Novetec Group Ltd typically offer employees?

Novetec Group Ltd 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 Novetec Group Ltd" section on this page.

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