Msimagnets Salary

Msimagnets Salary

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As of August 2026, the average hourly salary for employees at Msimagnets in the United States is $34. This translates to an approximate annual wage of $70,646. Salaries at Msimagnets typically range from $30 to $39 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Msimagnets Pay for Different Roles?

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

Website
www.msimagnets.com
Founded In
1995
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
BOYNE CITY
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About MSIMAGNETS
Magnetic Systems International designs and manufactures permanent and electromagnet separators, precision sheet metal assemblies, magnets and equipment. At MSI, our diverse capabilities allow us to produce a wide range of products with many applications, including pharmaceutical, food, recycling, power plants and many more. We are magnetic engineering and manufacturing specialists who love a chall

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Msimagnets's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
A workplace that takes pride in its people and its products. The blend of skilled tradespeople and advanced automation creates an exciting work environment. Facilities are modern and well-maintained, with the latest manufacturing technologies. Whether it’s a simple thank you or a more formal acknowledgment, it makes a difference. Shift schedules fluctuate, affecting personal time.
Commented in March 19, 2025
25
1
Regular recognition of achievements motivates employees and fosters loyalty. Benefits are standard, offering health insurance and retirement plans but lacking extras. Management is competent but occasionally takes time to respond. Processes are well-documented, and improvements are welcomed. This commitment to providing the right support helps us maintain quality and efficiency in our daily operat...
Commented in September 04, 2024
25
0
Management is friendly but often implement changes. there's always someone to learn from in our skilled workforce. It's a strong, dependable place to work in the manufacturing field. The work environment is safe, the teams are collaborative, and there are tangible opportunities for advancement. The company truly invests in its people, offering excellent training programs and clear pathways for car...
Commented in January 15, 2024
41
0

How Msimagnets's Salaries Compare to Similar Companies?

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

Is Msimagnets’s Pay Competitive? Salary Benchmarking Analysis

How does Msimagnets'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
MASSMAN AUTOMATION DESIGNS $35
+2.8%
Confirms MASSMAN AUTOMATION DESIGNS is a direct competitor vying for the exact same talent pool.
MEC AERIAL WORK PLATFORM $36
+7.0%
Adjusted for higher cost-of-living indices in MEC AERIAL WORK PLATFORM's primary metro hubs.
AUTODEV $34
-0.6%
Suggests AUTODEV utilizes a highly similar base-plus-benefits compensation model.
STATE HEAT TREATING COMPANY $36
+5.0%
Driven by niche technical certifications required for STATE HEAT TREATING COMPANY's specialized projects.
MFG Durable Industry $59
+72.3%
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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Msimagnets.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Msimagnets, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Msimagnets salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Msimagnets

FAQ 1: What is the typical salary range (low to high) for most roles at Msimagnets?
The typical salary range for most roles at Msimagnets is approximately from $30 to $39 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: How much does Msimagnets pay compared to MASSMAN AUTOMATION DESIGNS?
The average annual salary at Msimagnets is $70,646, or an hourly wage of $34, in comparison to MASSMAN AUTOMATION DESIGNS which pays $72,612 per year or $35 per hour.
FAQ 3: How does experience level affect salary at Msimagnets?
Experience level is a significant factor in determining salary at Msimagnets, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Msimagnets in Grand Rapids is fair given the local cost of living?
To determine if a salary offer from Msimagnets in Grand Rapids is fair, first compare the gross salary to our data for similar roles at Msimagnets and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Grand Rapids" to understand its purchasing power.
FAQ 5: What factors influence salary increases at Msimagnets?
Salary increases at Msimagnets are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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