CTM Magnetics Ltd Salary

CTM Magnetics Ltd Salary

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As of August 2026, the average hourly salary for employees at CTM Magnetics Ltd in the United States is $45. This translates to an approximate annual wage of $93,455. Salaries at CTM Magnetics Ltd typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at CTM Magnetics Ltd

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

Is CTM Magnetics Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does CTM Magnetics Ltd'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
Thin Film Technology $48
+6.0%
Influenced by prevailing union wage agreements specific to Thin Film Technology's sector.
Air2O $45
-0.7%
Confirms Air2O is a direct competitor vying for the exact same talent pool.
D Sundance Industrial LLC $43
-3.5%
Typical compensation structure for smaller regional agencies like D Sundance Industrial LLC.
Ji Imeson Industrial LLC $45
0.0%
Suggests Ji Imeson Industrial LLC utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $59
+30.3%
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.

Companies Similar to CTM Magnetics Ltd and Their Hourly Pay Rates

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

Employee Reviews: Working at CTM Magnetics Ltd

Considering a career at CTM Magnetics Ltd? 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 training programs are exceptional, keeping us at the forefront of lean manufacturing and Industry 4. Morale is high thanks to fair treatment and achievable goals. You feel included and updated on changes. The role provides consistent pay and predictable hours.
Commented in February 21, 2025
47
0
Expectations are reasonable, and pay is fair. It’s refreshing to work for a company that invests in its people. Tools and support are available, though innovation take hold here. There's a great spirit of cooperation, and achievements, both big and small, are recognized, which really boosts morale and makes it a fulfilling place to work.
Commented in September 09, 2024
23
3
Advancement is possible. Shift schedules are inconsistent, affecting work-life balance. The camaraderie with my colleagues is one of the best parts of working here. This company knows how to create a structured yet rewarding work environment. Career progression can be often in some roles. Regular recognition programs make employees feel valued, contributing to high morale and productivity. Diversi...
Commented in August 16, 2024
29
1
The company also provides good benefits and career growth opportunities. What stands out is how leadership values input from frontline workers - our suggestions regularly lead to process improvements. Operations are mostly smooth, but occasional bottlenecks occur. Training is comprehensive, and cross-department collaboration is strong. The company provides excellent tools and resources to do our j...
Commented in January 01, 2024
38
3

CTM Magnetics Ltd Overview

Website
www.ctmmagnetics.com
Founded In
1976
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
710 W Geneva Dr Tempe Arizona AZ 85282
Revenue
$10 Million - $50 Million
Phone Number
+1 4809679447
Social Media
About CTM Magnetics Ltd
Since 2006, CTM has placed over 200,000 units in the field filtering three phase power, with the industry's highest product reliability. CTM Magnetics' products serve the following primary markets: Oil and Gas Harvesting Utility Scale Renewables VSD Controlled Chillers Ship and Rail Transportation Battery Energy Storage Systems Active Filters Active Front End (power factor correction) AC Drives CT

What Benefits Does CTM Magnetics Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. CTM Magnetics Ltd 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 Tempe?

Understanding the cost of living near Tempe is key to truly evaluating a salary offer or your current compensation at CTM Magnetics Ltd.
Tempe's Cost of Living Index is approximately 105.5 (5.5% more expensive than US average; 2.2% more than AZ average). Home to ASU, housing demand from students and young professionals keeps costs above US average. When planning your budget based on a salary from CTM Magnetics Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of CTM Magnetics Ltd salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation Part of Valley Metro, free Orbit routes Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,760 - $4,340+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of CTM Magnetics Ltd

1. What is the typical salary range (low to high) for most roles at CTM Magnetics Ltd?

The typical salary range for most roles at CTM Magnetics Ltd is approximately from $40 to $51 per hour. 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. How much does CTM Magnetics Ltd pay compared to Thin Film Technology?

The average annual salary at CTM Magnetics Ltd is $93,455, or an hourly wage of $45, in comparison to Thin Film Technology which pays $99,025 per year or $48 per hour.

3. Do salaries differ significantly between departments at CTM Magnetics Ltd?

Yes, salaries often differ between departments at CTM Magnetics Ltd 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. How does experience level affect salary at CTM Magnetics Ltd?

Experience level is a significant factor in determining salary at CTM Magnetics Ltd, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

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

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

6. What are the key factors that influence salary levels at CTM Magnetics Ltd?

Several key factors influence salary levels at CTM Magnetics Ltd. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: CTM Magnetics Ltd likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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