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Magenta Therapeutics Salary

Magenta Therapeutics Salary

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As of August 2026, the average hourly salary for employees at Magenta Therapeutics in the United States is $51. This translates to an approximate annual wage of $106,944. Salaries at Magenta Therapeutics typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Magenta Therapeutics Pay for Different Roles?

Explore detailed salary information for specific jobs at Magenta Therapeutics. Based on our data, the highest paying job is the Associate Director, Operations, with an hourly wage of $88. The table below outlines the hourly wage ranges for most popular roles within the company.

Part-time Hostess

$12 / hour

Salary Range: $11 - $14

Hospitality

Part-time Food Runner-Busser

$16 / hour

Salary Range: $14 - $18

IT Infrastructure

Club Housekeeper

$34 / hour

Salary Range: $29 - $40

Security Specialization

Part-Time Front Desk Receptionist

$18 / hour

Salary Range: $17 - $21

Customer Service

Banquet Chef

$31 / hour

Salary Range: $27 - $36

Culinary

Research Associate

$33 / hour

Salary Range: $29 - $37

Research

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Magenta Therapeutics.
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About Magenta Therapeutics: Company Profile

Website
www.magentatx.com
Founded In
2016
Employees
50 - 100 employees
Industry
Pharmaceuticals
Headquarter Location
CAMBRIDGE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magenta Therapeutics's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Highly recommend to anyone seeking stability and purpose in their career. The workload is fair, and managers respect personal time. The company culture is positive, with recognition for hard work. The company also promotes a healthy work-life balance, making it a top choice in the industry.
Commented in May 21, 2025
35
3
Compensation is fair, and the bonus structure is motivating. The culture is inclusive, and colleagues are always willing to help. Benefits like wellness programs and flexible hours enhance the experience. Leadership values employee input. Colleagues are competent, and the environment is low-drama. It’s a decent place to work if you value consistency and structured workflows. The pharmaceutical wor...
Commented in August 25, 2024
18
2
Salaries are competitive, and benefits like health insurance and bonuses are well-structured. I’ve grown professionally thanks to mentorship programs and skill-building initiatives. The company operates efficiently with clear guidelines. Work-life balance is respected, and the benefits package is solid.
Commented in August 01, 2024
44
0
The work culture is inclusive, and the company supports continuous learning. The benefits package is comprehensive, including health and wellness programs. This company values its employees and invests in their growth.
Commented in January 12, 2024
14
2

How Magenta Therapeutics's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Magenta Therapeutics’s pay competitiveness. Click on a company for a deeper dive.

Is Magenta Therapeutics’s Pay Competitive? Salary Benchmarking Analysis

How does Magenta Therapeutics'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
APEXIGEN $54
+4.3%
Adjusted for higher cost-of-living indices in APEXIGEN's primary metro hubs.
KEROS $50
-3.0%
Suggests KEROS utilizes a highly similar base-plus-benefits compensation model.
ALZHEON $48
-6.5%
ALZHEON may offer non-monetary perks in lieu of competitive base salaries.
NEXT HEATHCARE $42
-18.6%
Typical compensation structure for smaller regional agencies like NEXT HEATHCARE.
Pharmaceuticals Industry $65
+25.1%
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.

What Is the Cost of Living Near Cambridge?

Understanding the cost of living near Cambridge is key to truly evaluating a salary offer or your current compensation at Magenta Therapeutics.
Cambridge's Cost of Living Index is approximately 197.8 (97.8% more expensive than US average; 49.2% more than MA average). Home to Harvard/MIT, extremely high housing costs, very high overall expenses. MBTA. When planning your budget based on a salary from Magenta Therapeutics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,200+ A significant portion of Magenta Therapeutics salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $520 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $460 - $880+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,650 - $7,270+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magenta Therapeutics

FAQ 1: What is the estimated average total compensation at Magenta Therapeutics?
Salary.com estimates that the average total compensation package at Magenta Therapeutics, which can include base salary, potential bonuses, and benefits, is around $51 per hour . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Magenta Therapeutics pay compared to APEXIGEN?
The average annual salary at Magenta Therapeutics is $106,944, or an hourly wage of $51, in comparison to APEXIGEN which pays $111,585 per year or $54 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Magenta Therapeutics?
Salary progression from an entry-level to a senior role at Magenta Therapeutics 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.
FAQ 4: How can I determine if a salary offer from Magenta Therapeutics in Cambridge is fair given the local cost of living?
To determine if a salary offer from Magenta Therapeutics in Cambridge is fair, first compare the gross salary to our data for similar roles at Magenta Therapeutics and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Cambridge" to understand its purchasing power.
FAQ 5: Are promotions at Magenta Therapeutics usually accompanied by a significant salary increase?
Yes, promotions at Magenta Therapeutics 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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