SM Magnetics Salary

SM Magnetics Salary

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As of August 2026, the average hourly salary for employees at SM Magnetics in the United States is $42. This translates to an approximate annual wage of $87,358. Salaries at SM Magnetics typically range from $37 to $48 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at SM Magnetics

Ready for your next career move? Explore current job openings at SM Magnetics. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is SM Magnetics’s Pay Competitive? Salary Benchmarking Analysis

How does SM 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
Hueco International LLC $39
-8.0%
Hueco International LLC operates with a leaner overhead structure, impacting base wage offers.
pertama international Inc $52
+23.0%
Data suggests pertama international Inc's workforce skews heavily towards veteran, high-tenure roles.
Teesing BV $51
+21.4%
Supported by Teesing BV's high-margin contracts allowing higher overhead.
Velos LLC $45
+8.2%
Reflects structural premiums typical of Velos LLC's large-cap national operations.
Business Services Industry $59
+38.4%
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.

Companies Similar to SM Magnetics and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at SM Magnetics. Click a company name to learn more.

Employee Reviews: Working at SM Magnetics

Considering a career at SM Magnetics? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The clear vision from the top makes it easy to understand how my individual contributions impact the company's overall success. Expanded training programs upskilled our team, not just delivered outputs. The company operates efficiently and has clear systems in place, which helps maintain order. I always leave my reviews feeling motivated and with a clear understanding of my strengths and areas for...
Commented in May 15, 2025
26
3
My professional expertise is genuinely respected by my superiors. The environment is structured to adapt. Consistency across departments would improve the overall experience. Adequate for basic needs. Stable environment but limited innovation. They made sure I had all the resources and information needed to get started effectively. Managers trust employees with responsibility. Leadership recognize...
Commented in November 04, 2024
26
0
The company offers work with purpose. It’s an okay place to work without major stressors. There are formal channels for submitting ideas, and good suggestions actually get implemented. The company is socially responsible and active in the community.
Commented in January 25, 2024
50
1

SM Magnetics Overview

Website
www.smmagnetics.com
Founded In
1999
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
2000 Mccain Pkwy Pelham Alabama AL 35124
Revenue
$10 Million - $50 Million
Phone Number
+1 2056218841
Social Media
About SM Magnetics
About Us SM Magnetics is committed to advanced thinking in magnetic design and solutions with a core focus in permanent magnets and magnetic assemblies. Our ability to apply our magnetics expertise and resources allows us to quickly understand an application and its requirements beyond a typical magnetics company. Hist

What Benefits Does SM Magnetics Offer Beyond Salary?

A competitive compensation package is more than just a salary. SM Magnetics offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Birmingham?

Understanding the cost of living near Birmingham is key to truly evaluating a salary offer or your current compensation at SM Magnetics.
Birmingham's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 3.4% less than AL average). Primary driver is significantly lower housing costs. When planning your budget based on a salary from SM Magnetics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of SM Magnetics salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $60 (MAX Transit Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,040 - $3,460+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of SM Magnetics

1. What is the average salary for employees at SM Magnetics?

The average total compensation for employees at SM Magnetics is approximately $42 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $37 to $48 per hour, depending on factors like job role, experience, and location.

2. How much does SM Magnetics pay compared to Hueco International LLC?

The average annual salary at SM Magnetics is $87,358, or an hourly wage of $42, in comparison to Hueco International LLC which pays $80,386 per year or $39 per hour.

3. What is the lowest salary at SM Magnetics?

The lowest-paying job at SM Magnetics is a Project Coordinator with a salary of $24 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at SM Magnetics?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at SM Magnetics for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does SM Magnetics offer cost-of-living adjustments (COLA) for employees in high-cost areas like Birmingham?

While some companies offer formal COLA, many, including potentially SM Magnetics, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at SM Magnetics?

Most companies, likely including SM Magnetics, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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