Cramer Magnetics Salary

As of September 2026, the average annual salary for employees at Cramer Magnetics in the United States is $90,185. This translates to an approximate hourly wage of $43. Salaries at Cramer Magnetics typically range from $79,420 to $101,807 annually, reflecting the diverse roles and experience levels within the company.
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Is Cramer Magnetics’s Pay Competitive? Salary Benchmarking Analysis

How does Cramer 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
Silicone Dynamics Inc $88,645
-1.7%
Confirms Silicone Dynamics Inc is a direct competitor vying for the exact same talent pool.
Hobart Electronics $93,033
+3.2%
Reflects structural premiums typical of Hobart Electronics's large-cap national operations.
MTK Electronics Inc $100,670
+11.6%
Reflects a supply-demand imbalance for the specific talent MTK Electronics Inc targets.
Wize Solutions Inc $87,369
-3.1%
Wize Solutions Inc may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $121,746
+35.0%
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 Cramer Magnetics

Considering a career at Cramer 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.
There are clear systems in place, and everyone knows their role. Most communication comes from supervisors. The skills development programs have helped many coworkers advance from entry-level to highly skilled positions. The work environment is generally professional but can feel bureaucratic and rigid at times.
I’ve grown my skills tremendously in just a year. Regular recognition programs make employees feel valued, contributing to high morale and productivity. Schedules are consistent, and there's a positive culture that fosters respect, growth, and cooperation at every level. They combine a strong commitment to producing quality products with an equally strong commitment to their employees' well-being ...
Equipment functions well most of the time. Working here has taught me discipline and consistency. Truly values its workforce, evident in its comprehensive benefits package and competitive compensation. Our production targets are met consistently, and the workplace feels organized, focused, and well-managed. The sheer diversity of manufacturing processes and products at keeps every day interesting.

Cramer Magnetics Overview

Website
www.cramercoil.com
Founded In
1964
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
401 N Progress Dr Saukville Wisconsin WI 53080
Revenue
$5 Million - $10 Million
Phone Number
+1 2622682150
Social Media
About Cramer Magnetics
Established in 1964, Cramer Magnetics, Inc. is a leading supplier of PC mountable magnetics for the industrial, communications, and medical markets. Our company has become a leader through excellence in quality, technology, manufacturing and the support we provide to our customers. We are specifically known for our design expertise in the area of high frequency magnetics for switching mode power s

What Benefits Does Cramer Magnetics Offer Beyond Salary?

A competitive compensation package is more than just a salary. Cramer 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Cramer Magnetics.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Cramer Magnetics, 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 Cramer Magnetics salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Cramer Magnetics

1. What is the estimated average total compensation at Cramer Magnetics?

Salary.com estimates that the average total compensation package at Cramer Magnetics, which can include base salary, potential bonuses, and benefits, is around $90,185 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Cramer Magnetics pay compared to Silicone Dynamics Inc?

The average annual salary at Cramer Magnetics is $90,185, or an hourly wage of $43, in comparison to Silicone Dynamics Inc which pays $88,645 per year or $43 per hour.

3. Do salaries differ significantly between departments at Cramer Magnetics?

Yes, salaries often differ between departments at Cramer Magnetics 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Cramer Magnetics?

Salary progression from an entry-level to a senior role at Cramer Magnetics 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.

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

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

6. Are promotions at Cramer Magnetics usually accompanied by a significant salary increase?

Yes, promotions at Cramer Magnetics 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.