$85 / hour
Salary Range: $75 - $94
Product Development
$54 / hour
Salary Range: $49 - $59
Procurement/Purchasing
$54 / hour
Salary Range: $48 - $59
Management
$47 / hour
Salary Range: $44 - $50
Manufacturing Engineering
$42 / hour
Salary Range: $38 - $47
Customer Service
$32 / hour
Salary Range: $30 - $34
Engineering
$28 / hour
Salary Range: $25 - $32
Procurement/Purchasing
$24 / hour
Salary Range: $22 - $26
Manufacturing
$16 / hour
Salary Range: $15 - $18
Customer Service
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| MagTech & Power Conversion Inc | $49 |
+7.0%
|
Driven by niche technical certifications required for MagTech & Power Conversion Inc's specialized projects. |
| Inductors Inc | $48 |
+4.6%
|
Adjusted for higher cost-of-living indices in Inductors Inc's primary metro hubs. |
| Union Technology Corp | $50 |
+8.5%
|
Data suggests Union Technology Corp's workforce skews heavily towards veteran, high-tenure roles. |
| MC Davis Company LLC | $43 |
-6.5%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| MFG Durable Industry | $59 |
+26.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$49 / hour
Salary Range: $44 - $56
Fullerton, CA
$48 / hour
Salary Range: $43 - $55
Orange, CA
$50 / hour
Salary Range: $44 - $57
Monterey Park, CA
$43 / hour
Salary Range: $38 - $49
Arizona City, AZ
$48 / hour
Salary Range: $43 - $54
Simi Valley, CA
$49 / hour
Salary Range: $43 - $55
Brea, CA
$56 / hour
Salary Range: $49 - $63
Milpitas, CA
$42 / hour
Salary Range: $37 - $47
West Valley, UT
$43 / hour
Salary Range: $38 - $49
Fort Collins, CO
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,300 - $1,800+ | A significant portion of MK Magnetics Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $200 - $320 (AC/Heating significant) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (VVTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $580 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $550+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $670+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,600 - $3,920+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
MK Magnetics Inc pays its employees an average of $46 per hour. The average salary at MK Magnetics Inc range from $41 to $52 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.
The salary at MK Magnetics Inc is lesser than its peer company. The average annual salary at MK Magnetics Inc is $96,187, or an hourly wage of $46, in comparison to MagTech & Power Conversion Inc which pays $102,885 per year or $49 per hour.
The higher-paying job at MK Magnetics Inc, according to our data, include Technical Director, Operations (avg. $85 per hour), Manager, Purchasing (avg. $54 per hour), and Manager, Quality Assurance (avg. $54 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.
Salary progression with years of experience at MK Magnetics Inc 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.
Yes, it's very likely that salaries at MK Magnetics Inc 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 Victorville section provides more context.
MK Magnetics Inc 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 MK Magnetics Inc" section on this page.
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