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American Magnetics Inc Salary

American Magnetics Inc Salary

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As of September 2026, the average annual salary for employees at American Magnetics Inc in the United States is $86,673. This translates to an approximate hourly wage of $42. Salaries at American Magnetics Inc typically range from $76,305 to $97,893 annually, reflecting the diverse roles and experience levels within the company.
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Is American Magnetics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does American 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
Computrols Inc $94,510
+9.0%
Data suggests Computrols Inc's workforce skews heavily towards veteran, high-tenure roles.
National Urethane Inc $88,561
+2.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
KENCO International Inc $90,069
+3.9%
Supported by KENCO International Inc's high-margin contracts allowing higher overhead.
Broadley-James Ltd $106,904
+23.3%
Influenced by prevailing union wage agreements specific to Broadley-James Ltd's sector.
MFG Durable Industry $121,746
+40.5%
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 American 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 American Magnetics Inc. Click a company name to learn more.

Employee Reviews: Working at American Magnetics Inc

Considering a career at American 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.
That’s great for consistency, but there’s little room for individual creativity or experimentation. It's both reassuring and inspiring to be an integral part of a media organization that prioritizes integrity, positive societal impact, and thoughtful content. Leadership regularly checks in with each department, which keeps morale high.
Commented in April 20, 2025
49
1
The skills development programs have helped many coworkers advance from entry-level to highly skilled positions. There's a good work-life balance, which is often hard to find in manufacturing. We know we’re making essential products, and the company culture reinforces the importance of our contributions. My team leads provided hands-on training that made me feel confident quickly.
Commented in February 26, 2025
22
2
Benefits are comprehensive, covering health, retirement, and wellness initiatives. The emphasis on safety and efficiency keeps morale high. Management does communicate updates clearly. Employees appreciate the flexible scheduling options and recognition programs that celebrate achievements. The relatively it means you get to know everyone, fostering a strong sense of camaraderie. There’s a lot of ...
Commented in January 21, 2025
15
3
Teams work collaboratively, fostering a supportive and inclusive culture. Strong daily coordination between departments keeps everything running efficiently. Safety measures are in place but inconsistently enforced. The work environment is professional but can feel bureaucratic and inflexible. This culture of appreciation boosts morale and motivates everyone to do their best work consistently.
Commented in March 08, 2024
27
3

American Magnetics Inc Overview

Website
www.americanmagnetics.com
Founded In
1968
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
112 Flint Rd Oak Ridge Tennessee TN 37830
Revenue
$10 Million - $50 Million
Phone Number
+1 8654821056
Social Media
About American Magnetics Inc
American Magnetics, Inc. (AMI) has been a manufacturer of superconducting magnet systems and cryogenic equipment for over 40 years. Founded in 1968, AMI has become a world leader in supplying turn-key cryogen free and liquid helium based superconducting magnet systems with literally thousands of magnets in the field. Our custom solutions range from completely conduction cooled multi-axis systems c

What Benefits Does American Magnetics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. American 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 Knoxville?

Understanding the cost of living near Knoxville is key to truly evaluating a salary offer or your current compensation at American Magnetics Inc.
Knoxville's Cost of Living Index is approximately 86.7 (13.3% less expensive than US average; 3.9% less than TN average). Eastern TN city (Univ. of TN), affordable. KATbus. When planning your budget based on a salary from American 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 American Magnetics Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (KAT monthly pass, free for UT) 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,205 - $3,485+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of American Magnetics Inc

1. What is the typical salary range (low to high) for most roles at American Magnetics Inc?

The typical annual salary range for most roles at American Magnetics Inc is approximately from $76,305 to $97,893. 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. How much does American Magnetics Inc pay compared to Computrols Inc?

The average annual salary at American Magnetics Inc is $86,673, or an hourly wage of $42, in comparison to Computrols Inc which pays $94,510 per year or $45 per hour.

3. Do salaries differ significantly between departments at American Magnetics Inc?

Yes, salaries often differ between departments at American Magnetics Inc 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. How does experience level affect salary at American Magnetics Inc?

Experience level is a significant factor in determining salary at American Magnetics Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from American Magnetics Inc in Knoxville is fair given the local cost of living?

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

6. What factors influence salary increases at American Magnetics Inc?

Salary increases at American Magnetics Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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