Correlated Magnetics Salary

Correlated Magnetics Salary

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As of August 2026, the average annual salary for employees at Correlated Magnetics in the United States is $89,310. This translates to an approximate hourly wage of $43. Salaries at Correlated Magnetics typically range from $78,678 to $100,856 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Correlated Magnetics Pay for Different Roles?

Explore detailed salary information for specific jobs at Correlated Magnetics. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $691,337. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Correlated Magnetics

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

Is Correlated Magnetics’s Pay Competitive? Salary Benchmarking Analysis

How does Correlated Magnetics'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
NoyMed Inc $110,859
+24.1%
Driven by niche technical certifications required for NoyMed Inc's specialized projects.
Cummings Research Park $91,050
+1.9%
Suggests Cummings Research Park utilizes a highly similar base-plus-benefits compensation model.
Hydro Floss Ltd $88,350
-1.1%
Indicates identical technical requirements and experience levels between the two firms.
Lu Lab $89,215
-0.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Biotechnology Industry $130,524
+46.1%
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 Correlated Magnetics's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Correlated Magnetics

Considering a career at Correlated Magnetics? 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.
Communication varies by department, and team morale fluctuates depending on project success. This broadens my understanding of the entire drug development process, which is invaluable. Management is supportive but tends to stick to traditional approaches. An innovative environment that respects scientific complexity and ethical standards.
Commented in March 25, 2025
11
3
A highly motivating atmosphere where innovation thrives. The company’s goals are big, but day-to-day work can feel disconnected from broader objectives. Communication often flows top-down, reducing cross-team engagement. This biotech company is a great place to innovate, learn, and grow professionally. Leadership promotes transparency and celebrates accomplishment, across the entire company. The c...
Commented in March 08, 2025
35
2
The organization balances scientific rigor with employee development. Excels in its leadership and vision. Great for those seeking meaningful, long-term contributions to biotech advancements.
Commented in January 05, 2025
18
3

Correlated Magnetics Overview

Website
www.polymagnet.com
Founded In
2008
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
101 Quality Cir NW Huntsville Alabama AL 35806
Revenue
$5 Million - $10 Million
Phone Number
+1 2564894444
Social Media
About Correlated Magnetics
Correlated Magnetics Research is the inventor of correlated magnetic systems technology for consumer and industrial applications. CMR's Polymagnet Catalog of advanced magnetic functions delivers unprecedented functionality for permanent magnet materials. CMR was founded in 2008 to pursue the new technology of correlated magnetics and has been awarded over 120 patents for a fundamentally new magnet

What Benefits Does Correlated Magnetics Offer Beyond Salary?

A competitive compensation package is more than just a salary. Correlated Magnetics 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 Huntsville?

Understanding the cost of living near Huntsville is key to truly evaluating a salary offer or your current compensation at Correlated Magnetics.
Huntsville's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 4.4% more than AL average). Higher cost within AL due to stronger housing demand (tech hub). When planning your budget based on a salary from Correlated Magnetics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Correlated Magnetics salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 - $50 (Shuttle Bus) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,080 - $3,550+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Correlated Magnetics

1. How much does a Correlated Magnetics employee make?

Correlated Magnetics pays its employees an average of $89,310 per year. The average salary at Correlated Magnetics range from $78,678 to $100,856 per year. 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. Which similar company tend to pay more or less than Correlated Magnetics?

The salary at Correlated Magnetics is lesser than the similar company. The average annual salary at Correlated Magnetics is $89,310, or an hourly wage of $43, in comparison to NoyMed Inc which pays $110,859 per year or $53 per hour.

3. How much does a President & Chief Executive Officer typically earn at Correlated Magnetics?

A President & Chief Executive Officer at Correlated Magnetics typically earns an average annual base salary of around $691,337, with a general range of $529,897 to $870,151.

4. Do employees with advanced degrees (Master's, PhD) earn more at Correlated Magnetics?

In many roles at Correlated Magnetics, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Huntsville affect the perceived value of a Correlated Magnetics salary?

Huntsville's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 4.4% more than AL average). This significantly impacts the purchasing power of a salary from Correlated Magnetics based there. Our "Cost of Living Insights for Huntsville" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Correlated Magnetics typically offer employees?

Correlated Magnetics generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Correlated Magnetics" section on this page.

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