Magtek Salary

As of July 2026, the average hourly salary for employees at Magtek in the United States is $43. This translates to an approximate annual wage of $89,809. Salaries at Magtek typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Magtek Pay for Different Roles?

Explore detailed salary information for specific jobs at Magtek. 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

Turn Insight into Opportunity: Current Job Openings

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About Magtek: Company Profile

Website
www.magtek.com
Founded In
1972
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Location
SEAL BEACH
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magtek's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Teams work collaboratively, fostering a supportive and inclusive culture. The onboarding process was organized and helpful. across various functions – from engineering and production to logistics and quality control – there are numerous pathways for advancement. Compensation and benefits are competitive, including profit sharing and excellent healthcare.
Clear chain of command. Production schedules are realistic, and the team works together with purpose. Whether you're new or learning a new process, they ensure you have the knowledge and skills to succeed. There's not a lot of engagement beyond daily tasks, and opportunities for feedback are rare. Everyone understands their role and works toward common goals effectively and professionally. Communi...
Advancement is possible. They don't cut corners on necessary equipment or technology. Efficient workflows improved by skilled, dedicated staff. The culture emphasizes problem-solving and accountability, and recognition is regularly given for performance.

Is Magtek’s Pay Competitive? Salary Benchmarking Analysis

How does Magtek'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
MICROCOMCORP $38
-12.0%
MICROCOMCORP operates with a leaner overhead structure, impacting base wage offers.
WORLDWIDE ELECTRIC $38
-12.8%
WORLDWIDE ELECTRIC focuses strategically on recruiting and training entry-level apprentices.
ORBAN $41
-5.7%
Typical compensation structure for smaller regional agencies like ORBAN.
CSPI $42
-2.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $59
+35.6%
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 Long Beach?

Understanding the cost of living near Long Beach is key to truly evaluating a salary offer or your current compensation at Magtek.
Long Beach's Cost of Living Index is approximately 136.7 (36.7% more expensive than US average; 2.2% less than CA average). Coastal city near LA, high housing costs are the main driver, though generally less than LA proper. When planning your budget based on a salary from Magtek, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Magtek salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (LB Transit monthly pass, varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,212 - $5,142+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magtek

FAQ 1: How much does Magtek in the United States pay?
Magtek pays its employees an average of $43 per hour. The average salary at Magtek range from $38 to $49 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: Do Magtek employees get a higher salary than its peer company?
The salary at Magtek is higher than its peer company. The average annual salary at Magtek is $89,809, or an hourly wage of $43, in comparison to MICROCOMCORP which pays $79,019 per year or $38 per hour.
FAQ 3: How much does salary increase with years of experience at Magtek?
Salary progression with years of experience at Magtek 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.
FAQ 4: Do salaries at Magtek vary by office location?
Yes, it's very likely that salaries at Magtek 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 Long Beach section provides more context.
FAQ 5: Does Magtek offer good benefits?
Magtek 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 Magtek" section on this page.