Magtech Industries Corp Salary

As of August 2026, the average hourly salary for employees at Magtech Industries Corp in the United States is $48. This translates to an approximate annual wage of $100,617. Salaries at Magtech Industries Corp typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magtech Industries Corp

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Is Magtech Industries Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Magtech Industries Corp'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
Wholesale Power Group LLC $46
-5.1%
Normalized for lower cost-of-living zones where Wholesale Power Group LLC primarily operates.
Control the Government Super Pac Inc $45
-7.9%
Typical compensation structure for smaller regional agencies like Control the Government Super Pac Inc.
3V Corp $44
-8.1%
3V Corp may offer non-monetary perks in lieu of competitive base salaries.
BMW of Henderson $47
-2.0%
Suggests BMW of Henderson utilizes a highly similar base-plus-benefits compensation model.
Retail & Wholesale Industry $60
+22.6%
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.

Employee Reviews: Working at Magtech Industries Corp

Considering a career at Magtech Industries Corp? 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.
The leadership team is approachable, and they encourage skill development. Leadership encourages skill development, and the pay is fair. The workload is predictable, and processes are structured. The benefits package is competitive, including health insurance and performance bonuses. A company with growth opportunities.
Relaxed dress code and modern workspace. The culture is positive, and leadership is accessible. The hybrid work model (for corporate roles) is a great perk, allowing flexibility. The Wholesale division offers consistent work, and the hours are predictable.
The team is hardworking, and there’s always room to advance. The leadership team is engaged and approachable. While there aren’t many extra perks, the job provides reliability. The company operates smoothly, with structured processes in place. Bonuses and incentives keep motivation high. While there aren’t many standout perks, the job stability is good. Flexible shifts make it easier to manage per...
The company offers great benefits and encourages professional development. Overall, it’s a well-run organization with growth potential. Colleagues are professional, and the environment is low-drama. The company truly values its employees. I enjoy the dynamic nature of the work.

Magtech Industries Corp Overview

Website
www.magtechind.com
Founded In
1989
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
5625 Arville St Las Vegas Nevada NV 89118
Revenue
$10 Million - $50 Million
Phone Number
+1 7023649998
Social Media
About Magtech Industries Corp
Magtech Industries Corporation is a privately owned switch-mode power supplier based out of Las Vegas, NV. Magtech Industries sells transformers, surge protectors, zigbee devices, LED drivers and desktop adaptors.

What Benefits Does Magtech Industries Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magtech Industries Corp 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 Las Vegas?

Understanding the cost of living near Las Vegas is key to truly evaluating a salary offer or your current compensation at Magtech Industries Corp.
Las Vegas' Cost of Living Index is approximately 101.8 (1.8% more expensive than US average; 0.3% less than NV average). Major entertainment/tourism hub, housing costs have risen, can be near US avg. RTC transit. When planning your budget based on a salary from Magtech Industries Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Magtech Industries Corp salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (RTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,665 - $4,225+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magtech Industries Corp

1. What is the estimated average total compensation at Magtech Industries Corp?

Salary.com estimates that the average total compensation package at Magtech Industries Corp, which can include base salary, potential bonuses, and benefits, is around $48 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Magtech Industries Corp pay compared to Wholesale Power Group LLC?

The average annual salary at Magtech Industries Corp is $100,617, or an hourly wage of $48, in comparison to Wholesale Power Group LLC which pays $95,523 per year or $46 per hour.

3. Do salaries differ significantly between departments at Magtech Industries Corp?

Yes, salaries often differ between departments at Magtech Industries Corp 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Magtech Industries Corp?

Salary progression from an entry-level to a senior role at Magtech Industries Corp can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Magtech Industries Corp in Las Vegas is fair given the local cost of living?

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

6. Are promotions at Magtech Industries Corp usually accompanied by a significant salary increase?

Yes, promotions at Magtech Industries Corp are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.