Magellan Resources Inc Salary

As of July 2026, the average annual salary for employees at Magellan Resources Inc in the United States is $97,664. This translates to an approximate hourly wage of $47. Salaries at Magellan Resources Inc typically range from $86,000 to $110,245 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magellan Resources Inc

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Is Magellan Resources Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magellan Resources 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
Dosimetry Resources International Inc $99,035
+1.4%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Westmoreland Resources Inc $107,421
+10.0%
Supported by Westmoreland Resources Inc's high-margin contracts allowing higher overhead.
Sebastian Resources USA Inc $109,636
+12.3%
Data suggests Sebastian Resources USA Inc's workforce skews heavily towards veteran, high-tenure roles.
towle resources Inc $94,942
-2.8%
Suggests towle resources Inc utilizes a highly similar base-plus-benefits compensation model.
Energy & Utilities Industry $130,148
+33.3%
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.

Employee Reviews: Working at Magellan Resources Inc

Considering a career at Magellan Resources 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.
Transparent management communication builds trust and engagement. Recognition programs motivate and reward performance. While the company does its job well, there’s not a strong culture of recognition. It's gratifying to work for an organization that truly values both its mission and its people.
I’ve always felt supported by my team and managers. The projects are large-scale and impactful. I feel proud to be part of a company driving the future of clean and reliable energy. Career progression is possible but influenced by seniority. Regular training, top-tier equipment, and a culture of accountability ensure a secure workplace. If you like staying under the radar, it works fine.
Great place for learning—senior staff are always willing to teach. There’s some social interaction, and most communication is formal. I felt ready for the field thanks to a well-designed onboarding experience. Leadership actively promotes career development through comprehensive training and clear advancement opportunities. Minimal day-to-day changes.

Magellan Resources Inc Overview

Website
Data pending, update soon.
Founded In
2008
Employees
50 - 100 employees
Industry
Energy & Utilities
Headquarter Address
4758 Youngtree Ct Fort Worth Texas TX 76123
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Magellan Resources Inc
Magellan Resources Inc is a company that operates in the Mining & Metals industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Fort Worth, Texas.

What Benefits Does Magellan Resources Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magellan Resources 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 Fort Worth?

Understanding the cost of living near Fort Worth is key to truly evaluating a salary offer or your current compensation at Magellan Resources Inc.
Fort Worth's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 4.6% more than TX average). 'Cowtown', Dallas's sister city, more affordable housing. Trinity Metro. When planning your budget based on a salary from Magellan Resources Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Magellan Resources Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (Trinity Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,470 - $3,810+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magellan Resources Inc

1. How much does Magellan Resources Inc in the United States pay?

Magellan Resources Inc pays its employees an average of $97,664 per year. The average salary at Magellan Resources Inc range from $86,000 to $110,245 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.

2. Do Magellan Resources Inc employees get a higher salary than its peer company?

The salary at Magellan Resources Inc is lesser than its peer company. The average annual salary at Magellan Resources Inc is $97,664, or an hourly wage of $47, in comparison to Dosimetry Resources International Inc which pays $99,035 per year or $48 per hour.

3. How much does salary increase with years of experience at Magellan Resources Inc?

Salary progression with years of experience at Magellan Resources Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Magellan Resources Inc vary by office location?

Yes, it's very likely that salaries at Magellan Resources Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Fort Worth section provides more context.

5. Does Magellan Resources Inc offer good benefits?

Magellan Resources Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Magellan Resources Inc" section on this page.