| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Sound View Innovations LLC | $101,683 |
+27.8%
|
Influenced by prevailing union wage agreements specific to Sound View Innovations LLC's sector. |
| Aristotle Funds LLC | $88,709 |
+11.5%
|
Supported by Aristotle Funds LLC's high-margin contracts allowing higher overhead. |
| ALPS Advisory Ltd | $82,369 |
+3.5%
|
Reflects a supply-demand imbalance for the specific talent ALPS Advisory Ltd targets. |
| Silver Leaf Mortgage Inc | $90,681 |
+13.9%
|
Data suggests Silver Leaf Mortgage Inc's workforce skews heavily towards veteran, high-tenure roles. |
| Financial Services Industry | $121,514 |
+52.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$101,683 / year
Salary Range: $89,189 - $115,220
Parsippany, NJ
$88,709 / year
Salary Range: $77,817 - $100,527
Milwaukee, WI
$82,369 / year
Salary Range: $72,245 - $93,332
Central, SC
$90,681 / year
Salary Range: $79,539 - $102,758
Centennial, CO
$82,042 / year
Salary Range: $71,970 - $92,979
Beardstown, IL
$95,966 / year
Salary Range: $84,176 - $108,745
East Hartford, CT
$89,679 / year
Salary Range: $78,660 - $101,612
$88,371 / year
Salary Range: $77,523 - $100,149
Atlanta, GA
$88,761 / year
Salary Range: $77,853 - $100,575
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) | $800 - $1,200+ | A significant portion of Mag Cap salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (JATRAN monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $360 - $540 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $580+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $350 - $640+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,000 - $3,210+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Mag Cap pays its employees an average of $79,585 per year. The average salary at Mag Cap range from $69,808 to $90,186 per year. 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 Mag Cap is lesser than the similar company. The average annual salary at Mag Cap is $79,585, or an hourly wage of $38, in comparison to Sound View Innovations LLC which pays $101,683 per year or $49 per hour.
In many roles at Mag Cap, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Jackson's Cost of Living Index is approximately 78.4 (21.6% less expensive than US average; 8.8% less than MS average). This significantly impacts the purchasing power of a salary from Mag Cap based there. Our "Cost of Living Insights for Jackson" module details this impact, helping you assess the 'real feel' value of your compensation.
Mag Cap generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Mag Cap" section on this page.
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