Master Magnetics Salary

Master Magnetics Salary

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As of August 2026, the average hourly salary for employees at Master Magnetics in the United States is $35. This translates to an approximate annual wage of $72,078. Salaries at Master Magnetics typically range from $30 to $39 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Master Magnetics Pay for Different Roles?

Explore detailed salary information for specific jobs at Master Magnetics. Based on our data, the highest paying job is the Compliance Specialist, with an hourly wage of $78. The table below outlines the hourly wage ranges for most popular roles within the company.

Account Specialist

$37 / hour

Salary Range: $33 - $44

Sales

Administrative Assistant

$26 / hour

Salary Range: $24 - $29

Administrative Assistant II

Branch Coordinator

$68 / hour

Salary Range: $61 - $76

Program Management

Commissions Accountant

$41 / hour

Salary Range: $37 - $45

Finance and Accounting

Commissions Analyst

$32 / hour

Salary Range: $29 - $36

Human Resources

Compliance Specialist

$78 / hour

Salary Range: $68 - $90

Sales

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Master Magnetics.
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About Master Magnetics: Company Profile

Website
www.magnetsource.com
Founded In
1976
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Location
CASTLE ROCK
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 Master Magnetics's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The wholesale operations are streamlined, and teamwork is emphasized. Overall, I’d highly recommend this company to anyone looking for stability and growth in Retail & Wholesale. The benefits are a great perk. The company offers competitive salaries, great benefits, and a healthy work-life balance.
Commented in March 19, 2025
28
3
The retail staff is friendly, and management is responsive to concerns. Friendly colleagues and fair workload. The team atmosphere is welcoming, and management is transparent. Company follows industry norms. The training is thorough, and there are always opportunities to learn new systems or processes. Everyone helps each other succeed.
Commented in December 15, 2024
38
3
Processes are structured, and expectations are clear. Highly recommend for those seeking long-term growth. The retail discounts are a nice benefit, and the company promotes from within, which is motivating. The retail sector can be fast-paced, but leadership ensures workloads are balanced.
Commented in March 15, 2024
32
0

How Master Magnetics's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Master Magnetics’s pay competitiveness. Click on a company for a deeper dive.

Is Master Magnetics’s Pay Competitive? Salary Benchmarking Analysis

How does Master Magnetics'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
TROUSDALE ELECTRIC SUPPLY $32
-7.5%
Reflects market rates for standard general contracting, differing from specialized roles.
FLORIDA GARDEN SUPPLY $35
+1.5%
Indicates identical technical requirements and experience levels between the two firms.
GAFFENY KROESE SUPPLY CORP $34
-3.1%
GAFFENY KROESE SUPPLY CORP focuses strategically on recruiting and training entry-level apprentices.
GAFFNEY-KROESE SUPPLY CORP. $31
-10.7%
GAFFNEY-KROESE SUPPLY CORP. operates with a leaner overhead structure, impacting base wage offers.
Retail & Wholesale Industry $60
+71.1%
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 Castle Rock?

Understanding the cost of living near Castle Rock is key to truly evaluating a salary offer or your current compensation at Master Magnetics.
Castle Rock's Cost of Living Index is approximately 118.9 (18.9% more expensive than US average; 12.9% more than CO average). South Denver suburb (Douglas Co.), affluent, growing, high housing costs. When planning your budget based on a salary from Master Magnetics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,600+ A significant portion of Master Magnetics salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local, some RTD regional Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,300 - $4,930+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Master Magnetics

FAQ 1: What is the estimated average total compensation at Master Magnetics?
Salary.com estimates that the average total compensation package at Master Magnetics, which can include base salary, potential bonuses, and benefits, is around $35 per hour . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Master Magnetics pay compared to TROUSDALE ELECTRIC SUPPLY?
The average annual salary at Master Magnetics is $72,078, or an hourly wage of $35, in comparison to TROUSDALE ELECTRIC SUPPLY which pays $66,655 per year or $32 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Master Magnetics?
Salary progression from an entry-level to a senior role at Master Magnetics 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.
FAQ 4: How can I determine if a salary offer from Master Magnetics in Castle Rock is fair given the local cost of living?
To determine if a salary offer from Master Magnetics in Castle Rock is fair, first compare the gross salary to our data for similar roles at Master Magnetics and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Castle Rock" to understand its purchasing power.
FAQ 5: Are promotions at Master Magnetics usually accompanied by a significant salary increase?
Yes, promotions at Master Magnetics 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.

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