Life Magnetics Inc Salary

As of August 2026, the average annual salary for employees at Life Magnetics Inc in the United States is $98,286. This translates to an approximate hourly wage of $47. Salaries at Life Magnetics Inc typically range from $86,586 to $110,989 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Life Magnetics Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Life Magnetics Inc. Based on our data, the highest paying job is the Scientist, with an annual salary of $117,865. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Life Magnetics Inc

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

Is Life Magnetics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Life Magnetics 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
Bio-Chem Laboratories Inc $92,506
-5.9%
Bio-Chem Laboratories Inc operates with a leaner overhead structure, impacting base wage offers.
Innovative Testing Solutions Inc $96,250
-2.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
National Chemical Genomics Center $106,756
+8.6%
Reflects a supply-demand imbalance for the specific talent National Chemical Genomics Center targets.
哈工大机器人集团股份有限公司 $97,136
-1.2%
Confirms 哈工大机器人集团股份有限公司 is a direct competitor vying for the exact same talent pool.
Biotechnology Industry $130,524
+32.8%
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.

Employee Reviews: Working at Life Magnetics Inc

Considering a career at Life Magnetics 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.
Overall, it’s a respectful and stimulating environment for growth. I appreciate the emphasis on safety and quality that ensures we deliver trustworthy biotech products. Transparent goals, strong communication, and a mission-oriented culture make this company outstanding. Research projects are diverse, and no two days feel the same. Performance expectations are realistic, but innovation is sometime...
Mistakes are seen as opportunities for growth, no reasons for blame. The science is strong, but internal communication could improve. Joining this company was a fantastic career move. Meetings can be excessive, and internal alignment is sometimes lacking. The environment is challenging but supportive, fostering growth both technically and personally.
Resources for scientific research are top-tier, making it a rewarding space for innovation. Processes can be bureaucratic, but they're improving. I’ve had a great experience working for this company. Workload is manageable, but long-term career pathing could use more attention. A healthy balance of independence and support defines the environment. That said, it provides a good foundation for gaini...

Life Magnetics Inc Overview

Website
www.magnetics.life
Founded In
2013
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
2883 E Eisenhower Pkwy Ann Arbor Michigan MI 48108
Revenue
$5 Million - $10 Million
Phone Number
+1 7342772378
Social Media
About Life Magnetics Inc
The main drawback from my current RNA isolation protocol is the numerous centrifugation steps and the relatively low volume of RNA yield in the end. Life Magnetics provides a higher yield of RNA from samples and eliminates the use of centrifugation steps. It is easy to use and gives high quality and a greater yield at a much-reduced price. Also, the stability of RNA with the beads at room temperat

What Benefits Does Life Magnetics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Life Magnetics 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 Ann Arbor?

Understanding the cost of living near Ann Arbor is key to truly evaluating a salary offer or your current compensation at Life Magnetics Inc.
Ann Arbor's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 28.7% more than MI average). Home to Univ. of Michigan, desirable, high housing costs, tech presence. TheRide bus. When planning your budget based on a salary from Life Magnetics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Life Magnetics Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $58 (TheRide monthly pass, free for UMich) 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,978 - $4,728+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Life Magnetics Inc

1. What is the typical salary range (low to high) for most roles at Life Magnetics Inc?

The typical annual salary range for most roles at Life Magnetics Inc is approximately from $86,586 to $110,989. 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.

2. How much does Life Magnetics Inc pay compared to Bio-Chem Laboratories Inc?

The average annual salary at Life Magnetics Inc is $98,286, or an hourly wage of $47, in comparison to Bio-Chem Laboratories Inc which pays $92,506 per year or $44 per hour.

3. How does experience level affect salary at Life Magnetics Inc?

Experience level is a significant factor in determining salary at Life Magnetics Inc, 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.

4. How can I determine if a salary offer from Life Magnetics Inc in Ann Arbor is fair given the local cost of living?

To determine if a salary offer from Life Magnetics Inc in Ann Arbor is fair, first compare the gross salary to our data for similar roles at Life Magnetics Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Ann Arbor" to understand its purchasing power.

5. Are the salaries listed for Life Magnetics Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Life Magnetics Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.