Magna Tech Labs Salary

As of October 2026, the average hourly salary for employees at Magna Tech Labs in the United States is $43. This translates to an approximate annual wage of $88,801. Salaries at Magna Tech Labs typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Magna Tech Labs Pay for Different Roles?

Explore detailed salary information for specific jobs at Magna Tech Labs. Based on our data, the highest paying job is the Administrator, with an hourly wage of $127. The table below outlines the hourly wage ranges for most popular roles within the company.

Accounts Payable Coordinator

$26 / hour

Salary Range: $23 - $28

Accounting

Activities Aide

$17 / hour

Salary Range: $15 - $19

Resident Care

Activities Aide (Recreation Assistant)

$22 / hour

Salary Range: $20 - $25

Facilities Operations

Activities Aides

$18 / hour

Salary Range: $16 - $20

Janitorial

Activities Assistant

$16 / hour

Salary Range: $14 - $17

Resident Care

Activities Director

$29 / hour

Salary Range: $26 - $33

Health IT and EHR Training

Turn Insight into Opportunity: Current Job Openings

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About Magna Tech Labs: Company Profile

Website
www.drbakstmagnetics.com
Founded In
2009
Employees
100 - 200 employees
Industry
Healthcare
Headquarter Location
PALM DESERT
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About MAGNA TECH LABS
At Acuity Group, our industry-leading team of doctors and staff are committed to providing best-in-class eye care services and comprehensive treatment to the people in our communities.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magna Tech Labs's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The shared EHR system improved care coordination dramatically. Leaders are committed to staff development and recognize outstanding performance regularly. Leadership fosters a culture of respect and accountability, supporting employees at every level. Strong patient focus and excellent training programs for continuous learning.
Colleagues are knowledgeable, kind, and team-oriented. Working here has been a great opportunity to grow my career. Break times aren’t always consistent. Management encourages open dialogue, and feedback is valued.
What I love most is the patient-centered approach. Continuous education is valued, and patient care is the central focus. Most importantly, there's a tangible culture of respect where all staff are valued team members. The facility combines cutting-edge technology with thoughtful design that reduces stress. The benefits are solid, including comprehensive medical coverage and generous leave policie...
The retirement plan provides true security. The culture encourages collaboration, innovation, and continuous learning, making it an excellent place to work. However, internal processes can be cumbersome, and leadership sometimes struggles with transparency. It's inspiring to work where the mission of healing is lived daily at every level.

Is Magna Tech Labs’s Pay Competitive? Salary Benchmarking Analysis

How does Magna Tech Labs'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
MAVRIQ TECHNOLOGIES $46
+8.6%
Driven by niche technical certifications required for MAVRIQ TECHNOLOGIES's specialized projects.
MADRID MOTORS $39
-7.8%
MADRID MOTORS may offer non-monetary perks in lieu of competitive base salaries.
MYBUYERSAGENT $39
-8.7%
MYBUYERSAGENT focuses strategically on recruiting and training entry-level apprentices.
CTEL $37
-13.0%
Normalized for lower cost-of-living zones where CTEL primarily operates.
Healthcare Industry $59
+37.3%
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.

What Is the Cost of Living Near Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Magna Tech Labs.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Magna Tech Labs, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Magna Tech Labs salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) 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) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magna Tech Labs

FAQ 1: How much does a Magna Tech Labs employee make?
Magna Tech Labs pays its employees an average of $43 per hour. The average salary at Magna Tech Labs range from $38 to $49 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.
FAQ 2: Which similar company tend to pay more or less than Magna Tech Labs?
The salary at Magna Tech Labs is lesser than the similar company. The average annual salary at Magna Tech Labs is $88,801, or an hourly wage of $43, in comparison to MAVRIQ TECHNOLOGIES which pays $96,433 per year or $46 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Magna Tech Labs?
In many roles at Magna Tech Labs, 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.
FAQ 4: How does the cost of living near Los Angeles affect the perceived value of a Magna Tech Labs salary?
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). This significantly impacts the purchasing power of a salary from Magna Tech Labs based there. Our "Cost of Living Insights for Los Angeles" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Magna Tech Labs typically offer employees?
Magna Tech Labs 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 Magna Tech Labs" section on this page.