Magwerks Salary

As of August 2026, the average hourly salary for employees at Magwerks in the United States is $36. This translates to an approximate annual wage of $75,252. Salaries at Magwerks typically range from $32 to $41 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Magwerks Pay for Different Roles?

Explore detailed salary information for specific jobs at Magwerks. 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 Magwerks: Company Profile

Website
www.magwerks.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
DANVILLE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MAGWERKS
Magwerks Corp is a management consulting company based out of 4024 W 10th St, Indianapolis, Indiana, United States.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magwerks's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Opportunities for overtime are consistent. A very professional company that offers stability and growth. I enjoy the structure here. A workplace with clear goals, regular updates, and a shared focus on quality. Equipment is generally reliable with some unexpected downtimes. Communication from leadership is polite but often limited to essential updates. The skills development programs have helped m...
The manufacturing company offers stable employment with standard benefits, though workload fluctuates during peak seasons, causing stress. Schedules are consistent, and there's a positive culture that fosters respect, growth, and cooperation at every level. The validation documentation exceeded FDA audit requirements. This company provides a consistent work routine.
Management supports training and career growth opportunities consistently. Leadership provides direction, but daily updates can be lacking. Facilities are kept in immaculate condition, reflecting pride in our work environment. The hours are predictable, and the pay is fair for the work.

Is Magwerks’s Pay Competitive? Salary Benchmarking Analysis

How does Magwerks'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
MAGNETIC SCIENCES $40
+11.4%
Supported by MAGNETIC SCIENCES's high-margin contracts allowing higher overhead.
MICHIGAN SCIENTIFIC CORPORATION $38
+4.7%
Influenced by prevailing union wage agreements specific to MICHIGAN SCIENTIFIC CORPORATION's sector.
MICRO CONTROL COMPANY $40
+10.0%
Reflects structural premiums typical of MICRO CONTROL COMPANY's large-cap national operations.
MB DYNAMICS $37
+1.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $59
+61.8%
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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Magwerks.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Magwerks, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Magwerks salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magwerks

FAQ 1: How much does Magwerks in the United States pay?
Magwerks pays its employees an average of $36 per hour. The average salary at Magwerks 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: Do Magwerks employees get a higher salary than its peer company?
The salary at Magwerks is lesser than its peer company. The average annual salary at Magwerks is $75,252, or an hourly wage of $36, in comparison to MAGNETIC SCIENCES which pays $83,868 per year or $40 per hour.
FAQ 3: How much does salary increase with years of experience at Magwerks?
Salary progression with years of experience at Magwerks 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 Magwerks vary by office location?
Yes, it's very likely that salaries at Magwerks 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 Indianapolis section provides more context.
FAQ 5: Does Magwerks offer good benefits?
Magwerks 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 Magwerks" section on this page.