Magic Electric Inc Salary

Magic Electric Inc Salary

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As of July 2026, the average annual salary for employees at Magic Electric Inc in the United States is $85,618. This translates to an approximate hourly wage of $41. Salaries at Magic Electric Inc typically range from $75,425 to $96,624 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magic Electric Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magic Electric Inc. Based on our data, the highest paying job is the President & Owner, with an annual salary of $386,627. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Magic Electric Inc

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

Is Magic Electric Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magic Electric 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
Gh Electric $97,980
+14.4%
Adjusted for higher cost-of-living indices in Gh Electric's primary metro hubs.
RW Electrical LLC $85,977
+0.4%
Confirms RW Electrical LLC is a direct competitor vying for the exact same talent pool.
Korthase and Sons Co $81,177
-5.2%
Typical compensation structure for smaller regional agencies like Korthase and Sons Co.
BiiLT Contracting Group LLC $84,542
-1.3%
Indicates identical technical requirements and experience levels between the two firms.
Construction Industry $119,814
+39.9%
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 Magic Electric Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magic Electric Inc

Considering a career at Magic Electric 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 projects are well-planned, and management provides the resources needed for success. I appreciate the company’s commitment to sustainability and innovative construction methods. I appreciate the company’s focus on building durable, long-lasting structures that serve the community for decades. Great for hands-on individuals looking for career stability and advancement. This construction company...
Commented in March 31, 2025
33
3
The work is consistent but may lack excitement. I’m proud to contribute to an organization dedicated to quality, safety, and community impact. This construction company is well-regarded for its ethical business practices and strong relationships with clients, architects, and regulatory bodies. This sets us up for success once we break ground on new projects. I greatly appreciate commitment to inno...
Commented in February 26, 2025
42
1
Company invests in modern technology. The culture is collaborative, and teamwork is emphasized at every level. The company is financially stable but risk-averse, leading to adoption of new technologies and methods. The work environment is formal, favoring predictability over creativity or rapid change.
Commented in February 04, 2024
29
1

Magic Electric Inc Overview

Website
www.magicelectric.biz
Founded In
1995
Employees
<25 employees
Industry
Construction
Headquarter Address
2010 America St Mandeville Louisiana LA 70448
Revenue
<$5 Million
Phone Number
+1 9856742960
Social Media
About Magic Electric Inc
Magic Electric Inc. is your local Generac Power Systems dealer. We offer portable, residential, commercial, and industrial generators.

What Benefits Does Magic Electric Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magic Electric 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 New Orleans?

Understanding the cost of living near New Orleans is key to truly evaluating a salary offer or your current compensation at Magic Electric Inc.
New Orleans' Cost of Living Index is approximately 96.4 (3.6% less expensive than US average; 3.7% more than LA average). Unique culture, tourism, housing varies greatly by neighborhood, can be high in desirable areas. RTA streetcar/bus. When planning your budget based on a salary from Magic Electric Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of Magic Electric Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $55 (RTA Jazzy Pass 31-day) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,605 - $4,225+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magic Electric Inc

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

The typical annual salary range for most roles at Magic Electric Inc is approximately from $75,425 to $96,624. 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 Magic Electric Inc pay compared to Gh Electric?

The average annual salary at Magic Electric Inc is $85,618, or an hourly wage of $41, in comparison to Gh Electric which pays $97,980 per year or $47 per hour.

3. Do salaries differ significantly between departments at Magic Electric Inc?

Yes, salaries often differ between departments at Magic Electric Inc 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 Magic Electric Inc?

Experience level is a significant factor in determining salary at Magic Electric 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.

5. How can I determine if a salary offer from Magic Electric Inc in New Orleans is fair given the local cost of living?

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

6. Are the salaries listed for Magic Electric Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Magic Electric 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.

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