Applied Magnets Inc Salary

As of July 2026, the average annual salary for employees at Applied Magnets Inc in the United States is $87,453. This translates to an approximate hourly wage of $42. Salaries at Applied Magnets Inc typically range from $77,029 to $98,685 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Applied Magnets Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Applied Magnets Inc. Based on our data, the highest paying job is the Sales Executive, with an annual salary of $201,515. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Applied Magnets Inc

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

Is Applied Magnets Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Applied Magnets 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
Wellis $85,059
-2.7%
Confirms Wellis is a direct competitor vying for the exact same talent pool.
AppScape Inc $109,509
+25.2%
Adjusted for higher cost-of-living indices in AppScape Inc's primary metro hubs.
Industrial Bolt Gaskets LLC $87,327
-0.1%
Suggests Industrial Bolt Gaskets LLC utilizes a highly similar base-plus-benefits compensation model.
GRM Industrial Machining $77,981
-10.8%
GRM Industrial Machining operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $121,746
+39.2%
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.

Employee Reviews: Working at Applied Magnets Inc

Considering a career at Applied Magnets 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.
Safe environment, realistic deadlines, and plenty of growth potential. Management is committed to employee development through regular training and career advancement programs. The facilities are clean, well-organized and equipped with advanced automation. The environment works, but it’s not highly dynamic. Overtime is occasionally necessary during high production demands.
Communication from leadership is formal and sometimes delayed. Working here has been a rewarding experience. I appreciate the regular town halls where leadership shares updates and listens to concerns. There's potential for improvement in training and equipment, but overall, the company performs adequately for its size. Training is provided but often general and not role-specific. There's strong c...
There's a strong sense of pride among the employees here. Workflow is consistent, but the pace varies depending on the department. I’m constantly impressed by our commitment to quality. Safety protocols are enforced but sometimes inconsistently applied. What makes this company different is how leadership prioritizes employee development and team cohesion.

Applied Magnets Inc Overview

Website
www.appliedmagnets.com
Founded In
1998
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1111 Summit Ave Plano Texas TX 75074
Revenue
<$5 Million
Phone Number
+1 9724326508
Social Media
About Applied Magnets Inc
Applied Magnets, is a global leader in the distribution of all types of standard and customized neodymium magnets. Founded in 1998, Applied Magnets distributes only neodymium magnets that are manufactured in state -of-art ISO certified magnet manufacturing facilities. We stock all our NdFeB Magnets in the U.S. to meet our customer's immediate needs. If you have any further questions, please contac

What Benefits Does Applied Magnets Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Applied Magnets 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 Plano?

Understanding the cost of living near Plano is key to truly evaluating a salary offer or your current compensation at Applied Magnets Inc.
Plano's Cost of Living Index is approximately 108.7 (8.7% more expensive than US average; 16.9% more than TX average). Affluent Dallas suburb, corporate HQs, excellent schools, high housing costs. DART. When planning your budget based on a salary from Applied Magnets Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Applied Magnets Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (DART monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,976 - $4,666+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Applied Magnets Inc

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

The typical annual salary range for most roles at Applied Magnets Inc is approximately from $77,029 to $98,685. 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 Applied Magnets Inc pay compared to Wellis?

The average annual salary at Applied Magnets Inc is $87,453, or an hourly wage of $42, in comparison to Wellis which pays $85,059 per year or $41 per hour.

3. Do salaries differ significantly between departments at Applied Magnets Inc?

Yes, salaries often differ between departments at Applied Magnets 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 Applied Magnets Inc?

Experience level is a significant factor in determining salary at Applied Magnets 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 Applied Magnets Inc in Plano is fair given the local cost of living?

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

6. Why might an individual's actual salary at Applied Magnets Inc differ from the ranges shown here?

An individual's actual salary at Applied Magnets Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.