Hi Tec Magnetics Inc Salary

As of August 2026, the average annual salary for employees at Hi Tec Magnetics Inc in the United States is $93,645. This translates to an approximate hourly wage of $45. Salaries at Hi Tec Magnetics Inc typically range from $82,481 to $105,672 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Hi Tec Magnetics Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Hi Tec Magnetics Inc. Based on our data, the highest paying job is the Net & Angular Developer, with an annual salary of $109,784. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Hi Tec Magnetics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Hi Tec Magnetics 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
Arch Stone Inc $88,044
-6.0%
Arch Stone Inc operates with a leaner overhead structure, impacting base wage offers.
ASAP Hydraulics Inc $91,377
-2.4%
Confirms ASAP Hydraulics Inc is a direct competitor vying for the exact same talent pool.
Patterns Consulting $88,181
-5.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Tokuora.com $110,353
+17.8%
Supported by Tokuora.com's high-margin contracts allowing higher overhead.
MFG Durable Industry $121,746
+30.0%
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 Hi Tec Magnetics Inc

Considering a career at Hi Tec Magnetics 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.
I particularly appreciate the emphasis on employee well-being and the opportunities provided for professional development. Working for this manufacturing leader has been incredibly rewarding. The work environment is professional but sometimes bureaucratic and resistant to change. Opportunities for learning new things and taking on more responsibility are readily available, which is highly motivati...
Opportunities for advancement are real—you’re promoted based on merit. There aren’t many surprises, and schedules are predictable. Good work-life balance with flexible scheduling options. I appreciate the emphasis on innovation and the investment in advanced manufacturing technologies, which keeps our processes efficient and our products superior.
Excellent teamwork and communication across shifts. The emphasis on safety and efficiency keeps morale high. This company offers a refreshing work atmosphere for the manufacturing industry.

Hi Tec Magnetics Inc Overview

Website
Data pending, update soon.
Founded In
2004
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1 Schuylkill Pkwy Bridgeport Pennsylvania PA 19405
Revenue
<$5 Million
Phone Number
+1 4846814265
Social Media
About Hi Tec Magnetics Inc
Hi Tec Magnetics Inc is a company that operates in the Machinery industry. It employs 6-10 people and has $0M-$1M of revenue. The company is headquartered in Bridgeport, Pennsylvania.

What Benefits Does Hi Tec Magnetics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hi Tec Magnetics 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Hi Tec Magnetics Inc.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Hi Tec Magnetics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Hi Tec Magnetics Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hi Tec Magnetics Inc

1. How much does a Hi Tec Magnetics Inc employee make?

Hi Tec Magnetics Inc pays its employees an average of $93,645 per year. The average salary at Hi Tec Magnetics Inc range from $82,481 to $105,672 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 Hi Tec Magnetics Inc?

The salary at Hi Tec Magnetics Inc is higher than the similar company. The average annual salary at Hi Tec Magnetics Inc is $93,645, or an hourly wage of $45, in comparison to Arch Stone Inc which pays $88,044 per year or $42 per hour.

3. How much does a Net & Angular Developer typically earn at Hi Tec Magnetics Inc?

A Net & Angular Developer at Hi Tec Magnetics Inc typically earns an average annual base salary of around $109,784, with a general range of $96,648 to $119,999.

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

In many roles at Hi Tec Magnetics Inc, 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 Philadelphia affect the perceived value of a Hi Tec Magnetics Inc salary?

Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). This significantly impacts the purchasing power of a salary from Hi Tec Magnetics Inc based there. Our "Cost of Living Insights for Philadelphia" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Hi Tec Magnetics Inc typically offer employees?

Hi Tec Magnetics Inc 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 Hi Tec Magnetics Inc" section on this page.