Central Magnetic Salary

As of July 2026, the average annual salary for employees at Central Magnetic in the United States is $101,894. This translates to an approximate hourly wage of $49. Salaries at Central Magnetic typically range from $89,729 to $115,013 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Central Magnetic

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

Is Central Magnetic’s Pay Competitive? Salary Benchmarking Analysis

How does Central Magnetic'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
Clear Shape Technologies Inc $109,805
+7.8%
Driven by niche technical certifications required for Clear Shape Technologies Inc's specialized projects.
aspxTwin Pick Systems Manufacturing Inc $100,143
-1.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Flat World Technology Acquisition Corp $92,253
-9.5%
Typical compensation structure for smaller regional agencies like Flat World Technology Acquisition Corp.
International Devices Inc $100,913
-1.0%
Suggests International Devices Inc utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $121,746
+19.5%
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.

Employee Reviews: Working at Central Magnetic

Considering a career at Central Magnetic? 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 actively supports and consistently encourages employee involvement in various community arts programs, valuable media literacy initiatives, and diverse charitable endeavors. It feels good to work for an organization that gives back and cares about more than just the bottom line, creating a sense of broader social responsibility. Workflow is organized, but efficiency varies by team. Man...
We meet production goals thanks to well-maintained equipment, competent leadership, and focused teamwork. It’s a decent place if you want consistency, and it is somehow ideal if you’re seeking excitement or fast growth. Career advancement opportunities exist but are limited and competitive. They encourage learning new skills and often promote from within. Workinghas been an incredibly rewarding ex...
For a mid-sized manufacturing firm, the opportunities for growth here are impressive. A well-run company where professionalism and teamwork drive performance every day. Everyone’s role feels important to the company’s success, and that helps create a great workplace culture. It makes coming to work enjoyable and productive. The tasks are repetitive, but manageable.
Scheduling is predictable, and the pay is competitive with the industry. Leadership communicates clearly about company direction and challenges. Experienced supervisors guide production with precision. Workload is balanced, and expectations are transparent from top to bottom. There's open communication between departments, and the company encourages feedback and growth.

Central Magnetic Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
680 Old Country Rd Plainview New York NY 11803
Revenue
<$5 Million
Phone Number
+1 5166818400
Social Media
About Central Magnetic
Central Magnetic is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Plainview, New York.

What Benefits Does Central Magnetic Offer Beyond Salary?

A competitive compensation package is more than just a salary. Central Magnetic 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)
Work at Central Magnetic?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Central Magnetic.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Central Magnetic, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Central Magnetic salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Central Magnetic

1. What is the estimated average total compensation at Central Magnetic?

Salary.com estimates that the average total compensation package at Central Magnetic, which can include base salary, potential bonuses, and benefits, is around $101,894 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Central Magnetic pay compared to Clear Shape Technologies Inc?

The average annual salary at Central Magnetic is $101,894, or an hourly wage of $49, in comparison to Clear Shape Technologies Inc which pays $109,805 per year or $53 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Central Magnetic?

Salary progression from an entry-level to a senior role at Central Magnetic 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.

4. How can I determine if a salary offer from Central Magnetic in New York is fair given the local cost of living?

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

5. Are promotions at Central Magnetic usually accompanied by a significant salary increase?

Yes, promotions at Central Magnetic 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.