Magnet Works, Ltd. Salary

Magnet Works, Ltd. Salary

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As of August 2026, the average hourly salary for employees at Magnet Works, Ltd. in the United States is $35. This translates to an approximate annual wage of $73,297. Salaries at Magnet Works, Ltd. typically range from $31 to $40 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Magnet Works, Ltd. Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnet Works, Ltd.. 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

Ready for your next career move? Explore current job openings at Magnet Works, Ltd..
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About Magnet Works, Ltd.: Company Profile

Website
www.magnetworks.com
Founded In
1992
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
FENTON
Revenue
$5 Million - $10 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 Magnet Works, Ltd.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
What stands out most about working here is the commitment to quality and innovation. The culture promotes accountability and efficiency, and it's great knowing your contributions matter. Whether you're in production, maintenance, or logistics, there’s room to grow and innovate. The company encourages cross-functional teamwork and open communication. The emphasis on safety and process improvement s...
Commented in May 02, 2025
39
2
Reliable hours and good benefits. It’s a reliable workplace that respects time, values results, and celebrates milestones together as a team. The operation maintains impressive quality standards while fostering positive work relationships. Morale is high thanks to fair treatment and achievable goals. Commitment to deadlines consistently meets customer expectations.
Commented in April 23, 2025
30
3
Competitive pay and benefits attract and retain talent. The company invests in modern technology, which makes work more efficient and enjoyable. If you value routine and simplicity, you’ll be comfortable here. I like the routine and structure of the day. Flexible work schedules contribute to a good work-life balance. A healthy work-life balance and proactive management make all the difference.
Commented in March 19, 2025
17
0
Flexible work schedules and shift options allow employees to balance their personal and professional lives effectively. The leadership team is transparent and approachable, maintaining open communication channels. Quality control ensures defect-free products consistently. Career growth opportunities exist but are competitive. I feel like my efforts make a difference, and that’s motivating.
Commented in July 20, 2024
31
0
The company offers competitive pay and benefits, but workplace culture can feel formal and structured. It’s a place where you can truly build a long-term career and feel secure in your role. It’s a rewarding place to contribute.
Commented in January 07, 2024
9
2

How Magnet Works, Ltd.'s Salaries Compare to Similar Companies?

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

Is Magnet Works, Ltd.’s Pay Competitive? Salary Benchmarking Analysis

How does Magnet Works, 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
MICRO TECH INDUSTRIES, INC. $40
+13.7%
Driven by niche technical certifications required for MICRO TECH INDUSTRIES, INC.'s specialized projects.
MARANDA GAMES $36
+1.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
MASTERWORKS MANUFACTURING SRVC $34
-3.4%
MASTERWORKS MANUFACTURING SRVC operates with a leaner overhead structure, impacting base wage offers.
MAXUMBOATPARTS $35
+0.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $59
+66.1%
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 Saint Louis?

Understanding the cost of living near Saint Louis is key to truly evaluating a salary offer or your current compensation at Magnet Works, Ltd..
Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). Major city, Gateway Arch, affordable housing, MetroLink/Bus. When planning your budget based on a salary from Magnet Works, Ltd., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Magnet Works, Ltd. salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $78 (Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,208 - $3,548+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnet Works, Ltd.

FAQ 1: What is the typical salary range (low to high) for most roles at Magnet Works, Ltd.?
The typical salary range for most roles at Magnet Works, Ltd. is approximately from $31 to $40 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: How much does Magnet Works, Ltd. pay compared to MICRO TECH INDUSTRIES, INC.?
The average annual salary at Magnet Works, Ltd. is $73,297, or an hourly wage of $35, in comparison to MICRO TECH INDUSTRIES, INC. which pays $83,324 per year or $40 per hour.
FAQ 3: How does experience level affect salary at Magnet Works, Ltd.?
Experience level is a significant factor in determining salary at Magnet Works, 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.
FAQ 4: How can I determine if a salary offer from Magnet Works, Ltd. in Saint Louis is fair given the local cost of living?
To determine if a salary offer from Magnet Works, Ltd. in Saint Louis is fair, first compare the gross salary to our data for similar roles at Magnet Works, Ltd. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Saint Louis" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Magnet Works, Ltd. differ from the ranges shown here?
An individual's actual salary at Magnet Works, Ltd. 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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