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Irwin Magnetic Systems Inc Salary

Irwin Magnetic Systems Inc Salary

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As of September 2026, the average annual salary for employees at Irwin Magnetic Systems Inc in the United States is $100,870. This translates to an approximate hourly wage of $48. Salaries at Irwin Magnetic Systems Inc typically range from $88,804 to $113,903 annually, reflecting the diverse roles and experience levels within the company.
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Is Irwin Magnetic Systems Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Irwin Magnetic Systems Inc'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
Deforrest Industries Inc $104,204
+3.3%
Influenced by prevailing union wage agreements specific to Deforrest Industries Inc's sector.
System Components $91,673
-9.1%
Typical compensation structure for smaller regional agencies like System Components.
Disc Soft Ltd $94,763
-6.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Wasabi Systems Inc $93,719
-7.1%
Wasabi Systems Inc may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $121,746
+20.7%
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.

How Irwin Magnetic Systems Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Irwin Magnetic Systems Inc

Considering a career at Irwin Magnetic Systems Inc? 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 culture is professional but may feel rigid and hierarchical. Management is responsive, employees are skilled, and operations run smoothly. The work atmosphere is positive and collaborative, and management truly listens to suggestions for improvement. Everyone works together to hit goals. It’s a place where hard work is recognized and you feel like you're contributing to something meaningful.
Commented in April 10, 2025
32
2
The leadership team is approachable and transparent, providing clear goals and constructive feedback. The company values craftsmanship and ensures products are made to the highest standard every time. Work can be repetitive depending on department. The competitive wages and comprehensive benefits package show how much the company values its workforce. It’s not particularly innovative or fast-paced...
Commented in January 31, 2025
44
1
What stands out is the company's commitment to both operational excellence and employee satisfaction. A dependable employer, though opportunities for skill advancement and recognition could be stronger. Recognition programs celebrate successes, boosting morale. The commitment to quality here is inspiring.
Commented in August 17, 2024
34
0
There's strong communication between shifts and departments. Processes are somewhat outdated, but they still function. It's rare to find a manufacturer that balances scale with such employee-focused values. A positive atmosphere where hard work is appreciated.
Commented in February 14, 2024
48
0

Irwin Magnetic Systems Inc Overview

Website
Data pending, update soon.
Founded In
1988
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
1209 Orange St Wilmington Delaware DE 19801
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Irwin Magnetic Systems Inc
Irwin Magnetic Systems Inc is a company that operates in the Machinery industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Wilmington, Delaware.

What Benefits Does Irwin Magnetic Systems Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Irwin Magnetic Systems Inc 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 Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Irwin Magnetic Systems Inc.
Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). Largest DE city, financial center, relatively affordable housing for a mid-Atlantic city. DART First State, SEPTA/Amtrak. When planning your budget based on a salary from Irwin Magnetic Systems Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Irwin Magnetic Systems Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,550 - $4,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Irwin Magnetic Systems Inc

1. What is the average salary for employees at Irwin Magnetic Systems Inc?

The average annual total compensation for employees at Irwin Magnetic Systems Inc is approximately $100,870. However, this is an aggregate figure, actual salaries can range significantly, typically from $88,804 to $113,903, depending on factors like job role, experience, and location.

2. How much does Irwin Magnetic Systems Inc pay compared to Deforrest Industries Inc?

The average annual salary at Irwin Magnetic Systems Inc is $100,870, or an hourly wage of $48, in comparison to Deforrest Industries Inc which pays $104,204 per year or $50 per hour.

3. How does having a professional certification impact salary for relevant roles at Irwin Magnetic Systems Inc?

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 Irwin Magnetic Systems Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Irwin Magnetic Systems Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Wilmington?

While some companies offer formal COLA, many, including potentially Irwin Magnetic Systems Inc, 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.

5. What's the typical process for salary reviews and raises at Irwin Magnetic Systems Inc?

Most companies, likely including Irwin Magnetic Systems Inc, 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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