Magfast Salary

As of April 2026, the average annual salary for employees at Magfast in the United States is $94,025. This translates to an approximate hourly wage of $45. Salaries at Magfast typically range from $82,820 to $106,099 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magfast Pay for Different Roles?

Explore detailed salary information for specific jobs at Magfast. Based on our data, the highest paying job is the Chief Operating Officer, with an annual salary of $424,590. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Magfast

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

Is Magfast’s Pay Competitive? Salary Benchmarking Analysis

How does Magfast'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
Russo Industries Inc $102,453
+9.0%
Data suggests Russo Industries Inc's workforce skews heavily towards veteran, high-tenure roles.
Mississippi Laser Inc $82,517
-12.2%
Mississippi Laser Inc operates with a leaner overhead structure, impacting base wage offers.
Caseworx $84,563
-10.1%
Normalized for lower cost-of-living zones where Caseworx primarily operates.
Taylor Contract Hardware $82,633
-12.1%
Taylor Contract Hardware may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $121,746
+29.5%
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 Magfast

Considering a career at Magfast? 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.
Stress is managed well, and there’s a collective effort to overcome challenges without blame. The company’s onboarding is thorough, and team leaders are helpful and respectful. There’s a clear focus on quality, and every department works hard to meet expectations. Others may crave more engagement. Weekly goals keep us motivated.
Recognition programs celebrate hard work regularly. This culture of appreciation boosts morale and motivates everyone to do their best work consistently. From comprehensive benefits to flexible scheduling where possible, they understand the importance of employee well-being. Good benefits and retirement options. A good stopgap job, not necessarily a long-term career builder. The company emphasizes...
Seeing our products ship to satisfied customers worldwide makes every day rewarding. It’s a structured workplace with the flexibility to improve and grow. Good place to gain experience, though not particularly innovative or fast-moving in terms of process improvements. The company meets the basics but doesn’t go beyond. People genuinely care about each other and support one another, both professio...

Magfast Overview

Website
www.magfast.com
Founded In
2017
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1 Grandview Ave Cornwall On Hudson New York NY 12520
Revenue
<$5 Million
Phone Number
+1 8636243278
Social Media
About Magfast
MAGFAST® is a startup specializing in high-end consumer electronics. The company is best known for its family of revolutionary, wireless charging products that integrate seamlessly through the innovative use of magnets and are guaranteed to work flawlessly with any brand of device from the last decade, and the next. MAGFAST's ground-breaking chargers eliminate messy cables, make charging faster an

What Benefits Does Magfast Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magfast 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 Poughkeepsie?

Understanding the cost of living near Poughkeepsie is key to truly evaluating a salary offer or your current compensation at Magfast.
Poughkeepsie's Cost of Living Index is approximately 108.3 (8.3% more expensive than US average; 13.4% less than NY average). Hudson Valley city, housing above US avg. Dutchess County LOOP, Metro-North. When planning your budget based on a salary from Magfast, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Magfast salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (LOOP monthly, Metro-North extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,790 - $4,320+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magfast

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

The typical annual salary range for most roles at Magfast is approximately from $82,820 to $106,099. 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 Magfast pay compared to Russo Industries Inc?

The average annual salary at Magfast is $94,025, or an hourly wage of $45, in comparison to Russo Industries Inc which pays $102,453 per year or $49 per hour.

3. Do salaries differ significantly between departments at Magfast?

Yes, salaries often differ between departments at Magfast due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Magfast?

Experience level is a significant factor in determining salary at Magfast, 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.

5. How can I determine if a salary offer from Magfast in Poughkeepsie is fair given the local cost of living?

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

6. Why might an individual's actual salary at Magfast differ from the ranges shown here?

An individual's actual salary at Magfast can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.