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Dexter Magnetic Technologies Inc Salary

Dexter Magnetic Technologies Inc Salary

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As of September 2026, the average annual salary for employees at Dexter Magnetic Technologies Inc in the United States is $104,636. This translates to an approximate hourly wage of $50. Salaries at Dexter Magnetic Technologies Inc typically range from $91,947 to $118,464 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Dexter Magnetic Technologies Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Dexter Magnetic Technologies Inc. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $809,976. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Dexter Magnetic Technologies Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Dexter Magnetic Technologies 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
Wheeling-Nisshin Inc $97,126
-7.2%
Normalized for lower cost-of-living zones where Wheeling-Nisshin Inc primarily operates.
American Honda Motor Co Inc $111,176
+6.2%
Influenced by prevailing union wage agreements specific to American Honda Motor Co Inc's sector.
LiveTrends Design Group LLC $93,603
-10.5%
LiveTrends Design Group LLC focuses strategically on recruiting and training entry-level apprentices.
Homecare Pharmacy LLC $96,641
-7.6%
Reflects market rates for standard general contracting, differing from specialized roles.
Retail & Wholesale Industry $123,318
+17.9%
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 Dexter Magnetic Technologies Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Dexter Magnetic Technologies Inc

Considering a career at Dexter Magnetic Technologies 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.
Compensation is fair, and there are opportunities for advancement. The job is straightforward with clear expectations. The workplace is well-maintained, and tasks are clearly assigned. Good training programs. The company encourages innovation and teamwork.
Commented in April 13, 2025
30
3
I appreciate the flexible scheduling options here. Typical retail environment. There are occasional training sessions to help with skill development. The company provides necessary support, and the workload is reasonable. I’ve learned a lot and have been promoted twice. The pay scale is competitive, and annual raises are fair. The company has a solid reputation in the Retail & Wholesale industry. ...
Commented in January 30, 2025
15
0
The work environment is structured, and expectations are clearly communicated. Workload is manageable. The work environment is team-oriented, and employees are recognized for their contributions. The company operates efficiently, and the processes are well-structured. I’ve developed valuable skills since joining.
Commented in February 07, 2024
28
1

Dexter Magnetic Technologies Inc Overview

Website
www.dextermag.com
Founded In
1951
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
1050 Morse Ave Elk Grove Village Illinois IL 60007
Revenue
$10 Million - $50 Million
Phone Number
+1 8479561140
Social Media
About Dexter Magnetic Technologies Inc
Founded in 1951, Dexter Magnetic Technologies provides magnetic solutions including the design, engineering and manufacturing of magnetic circuits, permanent magnets, magnetic assemblies and electromagnetic systems. Magnetic Technologies also distributes and customizes soft magnetic components and accessories including ferrite cores, powder cores, amorphous cores, bobbins and thermistors. Dexter i

What Benefits Does Dexter Magnetic Technologies Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Dexter Magnetic Technologies 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)
Work at Dexter Magnetic Technologies Inc?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Dexter Magnetic Technologies Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Dexter Magnetic Technologies Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Dexter Magnetic Technologies Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Dexter Magnetic Technologies Inc

1. What is the estimated average total compensation at Dexter Magnetic Technologies Inc?

Salary.com estimates that the average total compensation package at Dexter Magnetic Technologies Inc, which can include base salary, potential bonuses, and benefits, is around $104,636 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Dexter Magnetic Technologies Inc pay compared to Wheeling-Nisshin Inc?

The average annual salary at Dexter Magnetic Technologies Inc is $104,636, or an hourly wage of $50, in comparison to Wheeling-Nisshin Inc which pays $97,126 per year or $47 per hour.

3. Do salaries differ significantly between departments at Dexter Magnetic Technologies Inc?

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

Salary progression from an entry-level to a senior role at Dexter Magnetic Technologies Inc 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 Dexter Magnetic Technologies Inc in Chicago is fair given the local cost of living?

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

6. Are promotions at Dexter Magnetic Technologies Inc usually accompanied by a significant salary increase?

Yes, promotions at Dexter Magnetic Technologies Inc 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.

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