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Ad-Vance Magnetics Inc Salary

Ad-Vance Magnetics Inc Salary

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As of October 2026, the average annual salary for employees at Ad-Vance Magnetics Inc in the United States is $81,905. This translates to an approximate hourly wage of $39. Salaries at Ad-Vance Magnetics Inc typically range from $72,144 to $92,430 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ad-Vance Magnetics Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Ad-Vance Magnetics Inc. Based on our data, the highest paying job is the President, with an annual salary of $634,018. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Ad-Vance Magnetics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Ad-Vance Magnetics Inc'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
Apache Design Solutions Inc $111,893
+36.6%
Driven by niche technical certifications required for Apache Design Solutions Inc's specialized projects.
Simac $87,285
+6.6%
Data suggests Simac's workforce skews heavily towards veteran, high-tenure roles.
SLT Lighting Technology $100,702
+22.9%
Influenced by prevailing union wage agreements specific to SLT Lighting Technology's sector.
Raytek Corp $110,564
+35.0%
Adjusted for higher cost-of-living indices in Raytek Corp's primary metro hubs.
MFG Durable Industry $121,746
+48.6%
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 Ad-Vance Magnetics Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Ad-Vance Magnetics Inc

Considering a career at Ad-Vance Magnetics Inc? 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.
Processes are maintained, but innovation is limited. There's potential for improvement in training and equipment, but overall, the company performs adequately for its size. The environment promotes continuous improvement, and we often see the direct impact of our suggestions on the line. Benefits are competitive, and flexible shifts allow for a healthy work-life balance. I’m proud to be part of th...
Commented in April 28, 2025
19
0
I enjoy the structure here. I never feel lost in the shuffle. The company fosters a strong culture of safety and teamwork, making it a secure and supportive place to work. It’s a fine place for anyone seeking long-term, routine employment. Training is strong, safety is a priority, and leadership promotes accountability. Consistent hours, respectful coworkers, and fair treatment from management mak...
Commented in January 23, 2025
27
0
Coworkers are fine, and it is somehow especially engaging. The team atmosphere is positive, with frequent recognition of individual and group accomplishments. This company offers a refreshing work atmosphere for the manufacturing industry. Training is clear, goals are reasonable, and you’re rewarded for doing a good job. Communication between departments has improved significantly.
Commented in October 24, 2024
9
0

Ad-Vance Magnetics Inc Overview

Website
www.advancemag.com
Founded In
1971
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
625 Monroe St Rochester Indiana IN 46975
Revenue
<$5 Million
Phone Number
+1 5742233158
Social Media
About Ad-Vance Magnetics Inc
Founded in 1971, Ad-Vance Magnetics is a worldwide leader in solving magnetic shielding problems. Ad-Vance Magnetics manufactures custom-fabricated magnetic shields. And it offers magnetic shielding materials in sheet and foil form. And also it provides precision fabricating, laser cutting and custom machining services. The company is headquartered in Rochester, Indiana.

What Benefits Does Ad-Vance Magnetics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ad-Vance Magnetics Inc 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Ad-Vance Magnetics Inc.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Ad-Vance Magnetics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Ad-Vance Magnetics Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ad-Vance Magnetics Inc

1. What is the average salary for employees at Ad-Vance Magnetics Inc?

The average annual total compensation for employees at Ad-Vance Magnetics Inc is approximately $81,905. However, this is an aggregate figure, actual salaries can range significantly, typically from $72,144 to $92,430, depending on factors like job role, experience, and location.

2. How much does Ad-Vance Magnetics Inc pay compared to Apache Design Solutions Inc?

The average annual salary at Ad-Vance Magnetics Inc is $81,905, or an hourly wage of $39, in comparison to Apache Design Solutions Inc which pays $111,893 per year or $54 per hour.

3. What is the lowest salary at Ad-Vance Magnetics Inc?

The lowest-paying job at Ad-Vance Magnetics Inc is a Shipper with a salary of $31,630 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Ad-Vance Magnetics Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Ad-Vance Magnetics Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Ad-Vance Magnetics Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Indianapolis?

While some companies offer formal COLA, many, including potentially Ad-Vance Magnetics Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Ad-Vance Magnetics Inc?

Most companies, likely including Ad-Vance Magnetics Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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