Magnus Engineered Equipment Salary

As of August 2026, the average hourly salary for employees at Magnus Engineered Equipment in the United States is $36. This translates to an approximate annual wage of $75,337. Salaries at Magnus Engineered Equipment typically range from $32 to $41 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Magnus Engineered Equipment Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnus Engineered Equipment. 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

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About Magnus Engineered Equipment: Company Profile

Website
www.magnusequipment.com
Founded In
1921
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
CLEVELAND
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MAGNUS ENGINEERED EQUIPMENT
Since its beginnings in 1921, Magnus Engineered Equipment has firmly established itself as a world leader in the design and manufacture of industrial parts cleaning equipment using specialized immersion cleaning technology. Standard and custom systems are produced for parts cleaning, degreasing, and metal treatment using both aqueous and safety solvent systems for parts ranging from small intricat

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnus Engineered Equipment's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Leadership communicates company goals clearly and celebrates team achievements. Safety standards are rigorous, creating a secure workplace environment. The communication channels are open, and employee feedback is genuinely encouraged and acted upon. Processes are followed but could be modernized. Training varies by team and shift.
The competitive wages and comprehensive benefits package show how much the company values its workforce. Competitive pay with solid benefits keeps employees motivated. Onboarding was helpful, but brief. Productivity is fine, and quality standards are enforced. A strong sense of teamwork and accountability keeps this place moving efficiently. Training is comprehensive, and collaboration across shif...
Morale is generally high thanks to regular appreciation events and bonuses. The work environment is positive and collaborative, with regular recognition of employee contributions. There’s a strong sense of teamwork, and management actively encourages open communication, which makes for a much better working day and a positive overall experience. This company genuinely cares about its employees. Th...

Is Magnus Engineered Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Magnus Engineered Equipment'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
MIDSOUTHPOWER $35
-3.7%
Normalized for lower cost-of-living zones where MIDSOUTHPOWER primarily operates.
MIES PRODUCTS $36
-1.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MICHAEL NELSON LAW $35
-2.9%
Confirms MICHAEL NELSON LAW is a direct competitor vying for the exact same talent pool.
INSINGER MACHINE COMPANY $38
+5.9%
Data suggests INSINGER MACHINE COMPANY's workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $59
+61.6%
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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Magnus Engineered Equipment.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Magnus Engineered Equipment, 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 Magnus Engineered Equipment salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA 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 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnus Engineered Equipment

FAQ 1: How much does a Magnus Engineered Equipment employee make?
Magnus Engineered Equipment pays its employees an average of $36 per hour. The average salary at Magnus Engineered Equipment range from $32 to $41 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: Which similar company tend to pay more or less than Magnus Engineered Equipment?
The salary at Magnus Engineered Equipment is higher than the similar company. The average annual salary at Magnus Engineered Equipment is $75,337, or an hourly wage of $36, in comparison to MIDSOUTHPOWER which pays $72,567 per year or $35 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Magnus Engineered Equipment?
In many roles at Magnus Engineered Equipment, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Cleveland affect the perceived value of a Magnus Engineered Equipment salary?
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). This significantly impacts the purchasing power of a salary from Magnus Engineered Equipment based there. Our "Cost of Living Insights for Cleveland" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Magnus Engineered Equipment typically offer employees?
Magnus Engineered Equipment generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Magnus Engineered Equipment" section on this page.