Magnetika Inc Salary

Magnetika Inc Salary

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As of May 2026, the average hourly salary for employees at Magnetika Inc in the United States is $51. This translates to an approximate annual wage of $105,786. Salaries at Magnetika Inc typically range from $45 to $57 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnetika Inc

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Is Magnetika Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetika 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
Vanguard Electronics $51
+1.0%
Confirms Vanguard Electronics is a direct competitor vying for the exact same talent pool.
Switch Lighting $57
+11.3%
Reflects a supply-demand imbalance for the specific talent Switch Lighting targets.
LA Lighting Co $51
+0.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Sonfarrel Aerospace LLC $51
+1.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $59
+15.1%
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 Magnetika Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Magnetika Inc

Considering a career at Magnetika 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.
Teams work collaboratively, fostering a supportive and inclusive culture. They genuinely value employee feedback. Benefits are standard and it is somehow exceptional. The facilities are clean, well-organized and equipped with advanced automation. Tools are provided, but upgrades are infrequent.
Commented in April 27, 2025
40
3
There is no limited interaction across departments, and collaboration is emphasized. Innovative methods boost our manufacturing efficiency significantly. It's motivating to work for an organization that truly values its people. I’ve worked here for years and still learn something new regularly. Communication between teams is transparent, schedules are realistic, and leadership adapts quickly. It’s...
Commented in February 11, 2025
41
2
Career progression opportunities are present. The career advancement opportunities through apprenticeship programs are exceptional. Management understands the importance of personal time and tries to be flexible when possible.
Commented in February 04, 2024
47
0

Magnetika Inc Overview

Website
www.magnetika.com
Founded In
1960
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
2041 W 139th St Gardena California CA 90249
Revenue
$10 Million - $50 Million
Phone Number
+1 3105278100
Social Media
About Magnetika Inc
Magnetika, Inc. was founded in 1960 as a specialized company devoted to the application of magnetic techniques to modern electronics. Since then, it has established an excellent record of performance with the nation's leading systems and subsystems manufacturers: Industrial, Military, and Aerospace. Magnetika, staffed with engineering professionals, is equipped to design and manufacture all types

What Benefits Does Magnetika Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnetika 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Magnetika Inc.
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 Magnetika Inc, 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 Magnetika Inc 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.

FAQs of Magnetika Inc

1. What is the average salary for employees at Magnetika Inc?

The average total compensation for employees at Magnetika Inc is approximately $51 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $45 to $57 per hour, depending on factors like job role, experience, and location.

2. How much does Magnetika Inc pay compared to Vanguard Electronics?

The average annual salary at Magnetika Inc is $105,786, or an hourly wage of $51, in comparison to Vanguard Electronics which pays $106,809 per year or $51 per hour.

3. What is the lowest salary at Magnetika Inc?

The lowest-paying job at Magnetika Inc is a Manager, Quality Assurance with a salary of $59 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Magnetika Inc?

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 Magnetika Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Magnetika Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Los Angeles?

While some companies offer formal COLA, many, including potentially Magnetika Inc, 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.

6. What's the typical process for salary reviews and raises at Magnetika Inc?

Most companies, likely including Magnetika Inc, 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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