Novex Innovations Salary

Novex Innovations Salary

How much does the Novex Innovations Pay for employees?

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As of August 2026, the average annual salary for employees at Novex Innovations in the United States is $90,966. This translates to an approximate hourly wage of $44. Salaries at Novex Innovations typically range from $80,135 to $102,721 annually, reflecting the diverse roles and experience levels within the company. Novex Innovations’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 Novex Innovations Pay for Different Roles?

Explore detailed salary information for specific jobs at Novex Innovations. 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.
How accurate does the salary look to you?

Current Job Openings at Novex Innovations

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

Is Novex Innovations’s Pay Competitive? Salary Benchmarking Analysis

How does Novex Innovations’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)
Novex Innovations
Biotechnology
Saorsa Inc
Citranvi Biosciences LLC
Industry Comparison
Our data shows that, on average, compensation at Novex Innovations is below the average for the U.S. Biotechnology industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Novex Innovations average annual salary with several similar companies. Novex Innovations average salary of $90,966 is lower than Saorsa Inc, which has an average salary of $104,214. It is higher than Citranvi Biosciences LLC, with their average salary at $89,458. This places Novex Innovations in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Novex Innovations's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Novex Innovations

Considering a career at Novex Innovations? 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's commitment to diversity and inclusion is clear and actively practiced. Cross-departmental collaboration is seamless. While some managers are great mentors, others lack people skills. Benefits are good, but internal communication could improve. Regular town halls and Q&A sessions promote transparency and openness.
Commented in March 31, 2025
47
2
Resources and equipment are adequate and it is cutting-edge. Working feels like being part of something truly monumental. With a workforce and operations worldwide, our innovations reach patients across continents. Stable job with clear expectations, but limited opportunities for rapid advancement. There's a strong sense of community and camaraderie here.
Commented in February 17, 2025
39
0
The culture fosters curiosity, encourages research, and provides ample training for career advancement within the biotech field. Project assignments are clear but often repetitive. Professional development is prioritized with frequent workshops and certifications. They provide excellent wellness programs and resources to help employees manage stress. Some departments offer room to grow, while othe...
Commented in November 01, 2024
28
3

Novex Innovations Overview

Website
www.novexinnovations.com
Founded In
2014
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
101 N Chestnut St Winston Salem North Carolina NC 27101
Revenue
<$5 Million
Phone Number
+1 3362316693
Social Media
About Novex Innovations
Novex Innovations is a true CDMO (Contract Development/Manufacturing Organization) supporting our clients efforts in the commercialization of their products.Our areas of operation include:Biological FormulationsClinical FormulationTissue ProcessingBioengineered TissueActive PharmaceuticalsDiagnostic MaterialsMedical DevicesDevelopment to Pre-Clinical to CommercialRegulatory SupportStorage & Distri

What Benefits Does Novex Innovations Offer Beyond Salary?

A competitive compensation package is more than just a salary. Novex Innovations 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 Winston Salem?

Understanding the cost of living near Winston Salem is key to truly evaluating a salary offer or your current compensation at Novex Innovations.
Winston Salem's Cost of Living Index is approximately 83.7 (16.3% less expensive than US average; 12.8% less than NC average). Piedmont Triad city, arts/innovation, affordable housing. WSTA bus. When planning your budget based on a salary from Novex Innovations, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Novex Innovations salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (WSTA monthly pass) 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 $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,055 - $3,335+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Novex Innovations

1. What is the estimated average total compensation at Novex Innovations?

Salary.com estimates that the average total compensation package at Novex Innovations, which can include base salary, potential bonuses, and benefits, is around $90,966 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Novex Innovations pay compared to Saorsa Inc?

The average annual salary at Novex Innovations is $90,966, or an hourly wage of $44, in comparison to Saorsa Inc which pays $104,214 per year or $50 per hour.

3. Do salaries differ significantly between departments at Novex Innovations?

Yes, salaries often differ between departments at Novex Innovations 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Novex Innovations?

Salary progression from an entry-level to a senior role at Novex Innovations 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.

5. How can I determine if a salary offer from Novex Innovations in Winston Salem is fair given the local cost of living?

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

6. Are promotions at Novex Innovations usually accompanied by a significant salary increase?

Yes, promotions at Novex Innovations 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.

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