Magnachip Semiconductor Salary

Magnachip Semiconductor Salary

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As of August 2026, the average hourly salary for employees at Magnachip Semiconductor in the United States is $47. This translates to an approximate annual wage of $98,764. Salaries at Magnachip Semiconductor typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Magnachip Semiconductor Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnachip Semiconductor. Based on our data, the highest paying job is the Director of Finance and Accounting, with an hourly wage of $92. The table below outlines the hourly wage ranges for most popular roles within the company.

Sales Manager

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Digital Marketing & Content Specialist

$55 / hour

Salary Range: $49 - $62

Digital Marketing

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Turn Insight into Opportunity: Current Job Openings

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About Magnachip Semiconductor: Company Profile

Website
www.magnachip.com
Founded In
2010
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Location
SAN JOSE
Revenue
<$5 Million
Phone Number
-
Social Media
About MAGNACHIP SEMICONDUCTOR
Headquartered in South Korea, MagnaChip Semiconductor is a designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications and has one of the broadest and deepest ranges of analog and mixed-signal semiconductor platforms in the industry.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnachip Semiconductor's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
This company truly values its people. Flexible scheduling options contribute to a healthy work-life balance. The benefits package is competitive, featuring health insurance, wellness programs, and retirement plans. You’re expected to meet targets, and if you do, you’re mostly left alone.
Commented in April 18, 2025
40
0
The environment is professional and structured. Managers are often on the floor, talking to employees and understanding the day-to-day operations. Clean environment, efficient workflows, and respectful coworkers. Equipment is mostly reliable, but support during breakdowns can lag. It’s not a bad place, but it doesn’t particularly stand out either. The communication between management and employees...
Commented in December 11, 2024
10
3
Employees are involved in decisions, and the workplace culture promotes learning and shared responsibility at every level. Productivity is fine, and quality standards are enforced. There’s great structure here, and our output speaks for itself. Training programs are available but vary in quality and accessibility. Morale is high thanks to fair treatment and achievable goals.
Commented in February 02, 2024
16
0

How Magnachip Semiconductor's Salaries Compare to Similar Companies?

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

Is Magnachip Semiconductor’s Pay Competitive? Salary Benchmarking Analysis

How does Magnachip Semiconductor'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
ALTAIR SEMICONDUCTOR $38
-21.0%
ALTAIR SEMICONDUCTOR focuses strategically on recruiting and training entry-level apprentices.
WAFER SPACE $39
-17.4%
Reflects market rates for standard general contracting, differing from specialized roles.
CICOR GROUP $42
-11.0%
CICOR GROUP may offer non-monetary perks in lieu of competitive base salaries.
SAINT-GOBAIN CERAMICS & PLASTICS, INC. $36
-23.5%
SAINT-GOBAIN CERAMICS & PLASTICS, INC. operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $59
+23.3%
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 San Jose?

Understanding the cost of living near San Jose is key to truly evaluating a salary offer or your current compensation at Magnachip Semiconductor.
San Jose's Cost of Living Index is approximately 214.5 (114.5% more expensive than US average; 53.4% more than CA average). Heart of Silicon Valley, astronomical housing costs, high transportation, and high prices for almost everything. When planning your budget based on a salary from Magnachip Semiconductor, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Magnachip Semiconductor salary. Location choices impact this heavily.
Utilities (Basic) $180 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (VTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,510 - $7,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnachip Semiconductor

FAQ 1: What is the average salary for employees at Magnachip Semiconductor?
The average total compensation for employees at Magnachip Semiconductor is approximately $47 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $42 to $54 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Magnachip Semiconductor pay compared to ALTAIR SEMICONDUCTOR?
The average annual salary at Magnachip Semiconductor is $98,764, or an hourly wage of $47, in comparison to ALTAIR SEMICONDUCTOR which pays $78,068 per year or $38 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Magnachip Semiconductor?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Magnachip Semiconductor for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Magnachip Semiconductor offer cost-of-living adjustments (COLA) for employees in high-cost areas like San Jose?
While some companies offer formal COLA, many, including potentially Magnachip Semiconductor, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 5: What's the typical process for salary reviews and raises at Magnachip Semiconductor?
Most companies, likely including Magnachip Semiconductor, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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