Magnesium Elektron Ltd Salary

Magnesium Elektron Ltd Salary

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As of August 2026, the average hourly salary for employees at Magnesium Elektron Ltd in the United States is $45. This translates to an approximate annual wage of $92,843. Salaries at Magnesium Elektron Ltd typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Magnesium Elektron Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnesium Elektron Ltd. Based on our data, the highest paying job is the Principal Engineer, with an hourly wage of $66. The table below outlines the hourly wage ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Magnesium Elektron Ltd

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

Is Magnesium Elektron Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Magnesium Elektron 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
Seaberg Industries $43
-2.7%
Suggests Seaberg Industries utilizes a highly similar base-plus-benefits compensation model.
Fort Dodge Asphalt Co $43
-2.7%
Indicates identical technical requirements and experience levels between the two firms.
International Rollforms Inc $49
+9.4%
Influenced by prevailing union wage agreements specific to International Rollforms Inc's sector.
Ecomfy Lead $44
-0.6%
Confirms Ecomfy Lead is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $59
+31.1%
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 Magnesium Elektron Ltd and Their Hourly Pay Rates

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

Employee Reviews: Working at Magnesium Elektron Ltd

Considering a career at Magnesium Elektron 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.
Management is fair and provides the necessary resources and support to get the job done effectively and safely. I like how each shift runs like clockwork, with clear expectations and strong teamwork. The focus on safety here is second to none. Employees demonstrate great attention to detail and care.
Commented in April 06, 2025
41
2
The team is collaborative, and there’s a shared commitment to efficiency and quality. The company invests in modern equipment and technology, which helps employees complete tasks effectively and safely. Competitive pay and benefits, plus solid work-life balance. Career progression is possible but influenced by seniority. A positive environment to grow professionally. The company provides excellent...
Commented in January 22, 2025
37
1
Management is supportive, encouraging employees to develop new skills through ongoing training and education. They also genuinely care about employee input, often implementing suggestions from the shop floor. It’s a stable, fulfilling place to work.
Commented in February 21, 2024
9
3

Magnesium Elektron Ltd Overview

Website
www.magnesium-elektron.com
Founded In
2003
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
4601 Westown Pkwy West Des Moines Iowa IA 50266
Revenue
$10 Million - $50 Million
Phone Number
+1 9087825800
Social Media
About Magnesium Elektron Ltd
Magnesium Elektron Ltd is a company that operates in the Mining & Metals industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in West Des Moines, Iowa.

What Benefits Does Magnesium Elektron Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnesium Elektron 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)
Work at Magnesium Elektron Ltd?
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What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at Magnesium Elektron Ltd.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from Magnesium Elektron Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Magnesium Elektron Ltd salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnesium Elektron Ltd

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

The typical salary range for most roles at Magnesium Elektron Ltd is approximately from $39 to $50 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 Magnesium Elektron Ltd pay compared to Seaberg Industries?

The average annual salary at Magnesium Elektron Ltd is $92,843, or an hourly wage of $45, in comparison to Seaberg Industries which pays $90,354 per year or $43 per hour.

3. Do salaries differ significantly between departments at Magnesium Elektron Ltd?

Yes, salaries often differ between departments at Magnesium Elektron 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 Magnesium Elektron Ltd?

Experience level is a significant factor in determining salary at Magnesium Elektron 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 Magnesium Elektron Ltd in Des Moines is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Magnesium Elektron Ltd?

Several key factors influence salary levels at Magnesium Elektron 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: Magnesium Elektron 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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