Magic Silk Salary
How Much Does Magic Silk Pay for Different Roles?
Thanks for your feedback!
Current Job Openings at Magic Silk
Is Magic Silk’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Lane Music Inc | $82,106 |
-17.4%
|
Lane Music Inc may offer non-monetary perks in lieu of competitive base salaries. |
| Northcraft Flooring LLC | $89,489 |
-10.0%
|
Normalized for lower cost-of-living zones where Northcraft Flooring LLC primarily operates. |
| Breckenridge Kitchen Equipment & Design | $88,466 |
-11.0%
|
Breckenridge Kitchen Equipment & Design likely leverages performance bonuses over the high base salary shown here. |
| Custom Closets A&G Designs | $100,248 |
+0.9%
|
Suggests Custom Closets A&G Designs utilizes a highly similar base-plus-benefits compensation model. |
| Retail & Wholesale Industry | $123,318 |
+24.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Magic Silk's Salaries Compare to Similar Companies?
Lane Music Inc
$82,106 / year
Salary Range: $72,209 - $92,844
Germantown, TN
Northcraft Flooring LLC
$89,489 / year
Salary Range: $78,706 - $101,197
Raytown, MO
Breckenridge Kitchen Equipment & Design
$88,466 / year
Salary Range: $77,798 - $100,027
Huron, OH
Custom Closets A&G Designs
$100,248 / year
Salary Range: $88,172 - $113,367
West Babylon, NY
Pologeorgis
$107,357 / year
Salary Range: $94,421 - $121,402
New York City, NY
Door Group Service Center
$90,639 / year
Salary Range: $79,714 - $102,490
Easton, PA
Koons of Silver Spring
$99,119 / year
Salary Range: $87,173 - $112,074
Silver Spring, MD
Automation Distribution Inc
$96,904 / year
Salary Range: $85,221 - $109,574
Hatfield, PA
Iron Horse Supply LLC
$81,504 / year
Salary Range: $71,677 - $92,162
Odessa, TX
Employee Reviews: Working at Magic Silk
Magic Silk Overview
What Benefits Does Magic Silk Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Brentwood?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,000 - $2,800+ | A significant portion of Magic Silk salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | SCT/LIRR (varies) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $470 - $700 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $420 - $780+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,500 - $5,320+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Magic Silk
1. How much does a Magic Silk employee make?
Magic Silk pays its employees an average of $99,383 per year. The average salary at Magic Silk range from $87,402 to $112,379 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. Which similar company tend to pay more or less than Magic Silk?
The salary at Magic Silk is higher than the similar company. The average annual salary at Magic Silk is $99,383, or an hourly wage of $48, in comparison to Lane Music Inc which pays $82,106 per year or $39 per hour.
3. How much does a President typically earn at Magic Silk?
A President at Magic Silk typically earns an average annual base salary of around $769,314, with a general range of $588,651 to $969,569.
4. Do employees with advanced degrees (Master's, PhD) earn more at Magic Silk?
In many roles at Magic Silk, 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.
5. How does the cost of living near Brentwood affect the perceived value of a Magic Silk salary?
Brentwood (Long Island) Cost of Living is high, approx. This significantly impacts the purchasing power of a salary from Magic Silk based there. Our "Cost of Living Insights for Brentwood" module details this impact, helping you assess the 'real feel' value of your compensation.
6. What kind of benefits does Magic Silk typically offer employees?
Magic Silk 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 Magic Silk" section on this page.
For Employer
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning