Magnetek Inc Salary

Magnetek Inc Salary

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As of August 2026, the average hourly salary for employees at Magnetek Inc in the United States is $49. This translates to an approximate annual wage of $102,875. Salaries at Magnetek Inc typically range from $44 to $56 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnetek Inc

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Is Magnetek Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetek 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
Seneca Sawmill Co $48
-3.0%
Indicates identical technical requirements and experience levels between the two firms.
Hanwha Aerospace Co Ltd $55
+10.7%
Driven by niche technical certifications required for Hanwha Aerospace Co Ltd's specialized projects.
Comus International Inc $56
+13.9%
Reflects structural premiums typical of Comus International Inc's large-cap national operations.
Maximatecc $48
-2.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $59
+18.3%
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.

Companies Similar to Magnetek Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Magnetek Inc

Considering a career at Magnetek 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.
Benefits are standard, offering health insurance and retirement plans but lacking extras. Your experience here will largely depend on your immediate supervisor. A stable, rewarding job with growth options. Leadership provides direction, but daily updates can be lacking.
Commented in February 21, 2025
35
0
It’s easy to raise concerns or ask questions without fear, which really builds trust and confidence. Recognition programs celebrate successes, boosting morale. The workplace is clean, and safety is a priority.
Commented in January 22, 2025
22
2
Some roles feel more supported than others. A professional, forward-thinking environment that prioritizes quality, safety, and timely delivery across all departments. Flexible scheduling options contribute to a healthy work-life balance. Safety is paramount here, and it shows in everything we do. Management recognizes hard work, and training is thorough. there's a real sense of community. The comp...
Commented in November 17, 2024
35
3
Cross-training opportunities allow employees to develop diverse skills across different production areas. Training is effective, and advancement is possible for those who show initiative. Employees here appreciate the company’s commitment to continuous improvement and innovation in manufacturing processes. Quality control ensures defect-free products consistently.
Commented in May 09, 2024
11
1
Processes work but could benefit from periodic review and updates. The company’s recognition programs make employees feel appreciated and motivated to contribute their best. Clear chain of command. There’s a clear hierarchy and chain of command. I appreciate the company's focus on continuous improvement, not just in our products but in our processes and work environment.
Commented in January 06, 2024
45
2

Magnetek Inc Overview

Website
www.magnetek.com
Founded In
1992
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
n49 w13650 Campbell Dr Menomonee Falls Wisconsin WI 53051
Revenue
$50 Million - $200 Million
Phone Number
+1 8002361705
Social Media
About Magnetek Inc
Magnetek is a provider of Energy Engineered digital power and motion control systems used in overhead material handling, elevator, and mining applications. Magnetek is headquartered in Menomonee Falls, in the Greater Milwaukee area.

What Benefits Does Magnetek Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnetek 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Magnetek Inc.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Magnetek Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Magnetek Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnetek Inc

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

The typical salary range for most roles at Magnetek Inc is approximately from $44 to $56 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 Magnetek Inc pay compared to Seneca Sawmill Co?

The average annual salary at Magnetek Inc is $102,875, or an hourly wage of $49, in comparison to Seneca Sawmill Co which pays $99,816 per year or $48 per hour.

3. Do salaries differ significantly between departments at Magnetek Inc?

Yes, salaries often differ between departments at Magnetek Inc 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 Magnetek Inc?

Experience level is a significant factor in determining salary at Magnetek 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.

5. How can I determine if a salary offer from Magnetek Inc in Milwaukee is fair given the local cost of living?

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

6. Are the salaries listed for Magnetek Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Magnetek Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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