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MAGMA WORLD Inc Salary

MAGMA WORLD Inc Salary

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As of October 2026, the average hourly salary for employees at MAGMA WORLD Inc in the United States is $56. This translates to an approximate annual wage of $116,207. Salaries at MAGMA WORLD Inc typically range from $49 to $63 hourly, reflecting the diverse roles and experience levels within the company.
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Is MAGMA WORLD Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MAGMA WORLD 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
Victory Chevrolet $42
-24.7%
Victory Chevrolet focuses strategically on recruiting and training entry-level apprentices.
AE Wease Inc $43
-23.9%
AE Wease Inc likely leverages performance bonuses over the high base salary shown here.
Core Capital $44
-20.4%
Core Capital may offer non-monetary perks in lieu of competitive base salaries.
Promotech $45
-19.2%
Normalized for lower cost-of-living zones where Promotech primarily operates.
Retail & Wholesale Industry $60
+6.1%
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.

Companies Similar to MAGMA WORLD Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at MAGMA WORLD Inc

Considering a career at MAGMA WORLD 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.
Good incentives and bonuses. The workplace is diverse and inclusive, making it a comfortable environment. The company rewards effort, and there’s always something new to learn. I’ve been with this company for over two years, and it’s been a positive journey. I’ve had a wonderful experience here. Highly recommend this company to anyone in the industry.
Commented in March 29, 2025
21
1
I’ve had multiple opportunities to upskill through workshops and certifications. The company has a positive atmosphere where employees feel appreciated. The company provides great opportunities for career growth. The leadership is transparent, and career growth is encouraged.
Commented in February 12, 2025
43
2
Flexible scheduling options make balancing work and personal life easier. The company also supports work-life balance with flexible shifts. The work environment is energetic yet balanced. The workplace is well-maintained, and tasks are clearly assigned.
Commented in December 21, 2024
26
1
The work-life balance is respected, and management is flexible with scheduling when needed. Highly recommend to anyone looking for stability and growth. The company values feedback and makes improvements based on it. Enjoy the flexible hours.
Commented in March 16, 2024
8
2

MAGMA WORLD Inc Overview

Website
Data pending, update soon.
Founded In
1990
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
36 W 20th St New York City New York NY 10011
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About MAGMA WORLD Inc
MAGMA WORLD Inc is a company that operates in the Mining & Metals industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in New York City, New York.

What Benefits Does MAGMA WORLD Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MAGMA WORLD 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at MAGMA WORLD Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from MAGMA WORLD Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of MAGMA WORLD Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MAGMA WORLD Inc

1. What is the typical salary range (low to high) for most roles at MAGMA WORLD Inc?

The typical salary range for most roles at MAGMA WORLD Inc is approximately from $49 to $63 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 MAGMA WORLD Inc pay compared to Victory Chevrolet?

The average annual salary at MAGMA WORLD Inc is $116,207, or an hourly wage of $56, in comparison to Victory Chevrolet which pays $87,527 per year or $42 per hour.

3. How does experience level affect salary at MAGMA WORLD Inc?

Experience level is a significant factor in determining salary at MAGMA WORLD Inc, 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.

4. How can I determine if a salary offer from MAGMA WORLD Inc in New York is fair given the local cost of living?

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

5. Why might an individual's actual salary at MAGMA WORLD Inc differ from the ranges shown here?

An individual's actual salary at MAGMA WORLD Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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