Magnus Hi-Tech Salary

As of August 2026, the average hourly salary for employees at Magnus Hi-Tech in the United States is $42. This translates to an approximate annual wage of $87,422. Salaries at Magnus Hi-Tech typically range from $37 to $47 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnus Hi-Tech

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Is Magnus Hi-Tech’s Pay Competitive? Salary Benchmarking Analysis

How does Magnus Hi-Tech'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
GlenDee/MGI $50
+18.8%
Reflects structural premiums typical of GlenDee/MGI's large-cap national operations.
Pohl Inc $43
+1.6%
Confirms Pohl Inc is a direct competitor vying for the exact same talent pool.
Sterling Custom Sheet Metal Inc $46
+10.5%
Adjusted for higher cost-of-living indices in Sterling Custom Sheet Metal Inc's primary metro hubs.
Alabama Metal Industries Corp $41
-3.1%
Alabama Metal Industries Corp likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $59
+39.3%
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.

Employee Reviews: Working at Magnus Hi-Tech

Considering a career at Magnus Hi-Tech? 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.
Safety protocols are prioritized and well enforced. The pace can be repetitive depending on your station. Flexible scheduling options contribute to a healthy work-life balance. Advancement is possible but requires persistence.
It’s a great place to grow in the manufacturing industry. The company’s onboarding is thorough, and team leaders are helpful and respectful. Colleagues are supportive, and management is always willing to listen to concerns and ideas. 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...
Training is available but varies widely between departments. Modern equipment and up-to-date technology create a productive and innovative work environment. Most communication comes from supervisors. It’s a fast-paced but supportive environment where you feel part of something that truly matters to the community.

Magnus Hi-Tech Overview

Website
www.magnushi-tech.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
1605 Lake St Melbourne Florida FL 32901
Revenue
$10 Million - $50 Million
Phone Number
+1 3217249731
Social Media
About Magnus Hi-Tech
Magnus Hi-Tech Industries Inc. has soared past the traditional Precision Sheetmetal and Machine Shop models in that we provide turn key solutions to our customers for all their fabrication needs. We have on site sheetmetal and laser fabrication as well as 3, 4, and 5 axis machining and turning. In addition we offer welding, painting, silkscreening, and mechanical and electrical assembly. From our

What Benefits Does Magnus Hi-Tech Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnus Hi-Tech 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 Melbourne?

Understanding the cost of living near Melbourne is key to truly evaluating a salary offer or your current compensation at Magnus Hi-Tech.
Melbourne's Cost of Living Index is approximately 94.5 (5.5% less expensive than US average; 8.3% less than FL average). Space Coast city, tech and aerospace presence, affordable housing. Space Coast Area Transit. When planning your budget based on a salary from Magnus Hi-Tech, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,700+ A significant portion of Magnus Hi-Tech salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (SCAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,430 - $3,840+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnus Hi-Tech

1. How much does Magnus Hi-Tech in the United States pay?

Magnus Hi-Tech pays its employees an average of $42 per hour. The average salary at Magnus Hi-Tech range from $37 to $47 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. Do Magnus Hi-Tech employees get a higher salary than its peer company?

The salary at Magnus Hi-Tech is lesser than its peer company. The average annual salary at Magnus Hi-Tech is $87,422, or an hourly wage of $42, in comparison to GlenDee/MGI which pays $103,887 per year or $50 per hour.

3. How much does salary increase with years of experience at Magnus Hi-Tech?

Salary progression with years of experience at Magnus Hi-Tech is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Magnus Hi-Tech vary by office location?

Yes, it's very likely that salaries at Magnus Hi-Tech vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Melbourne section provides more context.

5. Does Magnus Hi-Tech offer good benefits?

Magnus Hi-Tech typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Magnus Hi-Tech" section on this page.