Magma Group Salary

Magma Group Salary

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As of July 2026, the average annual salary for employees at Magma Group in the United States is $87,063. This translates to an approximate hourly wage of $42. Salaries at Magma Group typically range from $76,470 to $98,576 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magma Group

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

Is Magma Group’s Pay Competitive? Salary Benchmarking Analysis

How does Magma Group'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
Midwest Real Estate Development Co Inc $91,662
+5.3%
Data suggests Midwest Real Estate Development Co Inc's workforce skews heavily towards veteran, high-tenure roles.
New Point Solutions $107,062
+23.0%
Driven by niche technical certifications required for New Point Solutions's specialized projects.
Matt Skellenger Group $97,864
+12.4%
Supported by Matt Skellenger Group's high-margin contracts allowing higher overhead.
Fremont Pacific Group LLC $96,250
+10.6%
Adjusted for higher cost-of-living indices in Fremont Pacific Group LLC's primary metro hubs.
Business Services Industry $120,931
+38.9%
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 Magma Group's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magma Group

Considering a career at Magma Group? 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.
Working here has allowed me to stretch my abilities and explore new paths I hadn’t considered before. It feels good to be part of a reputable team. Everyone’s voice is heard. Challenging tasks and supportive peers.
Commented in April 22, 2025
41
0
This creates a really enjoyable and productive work environment for a company of our moderate size. It’s exciting to be able to own a piece of the company I work for. The company culture here is truly supportive. There's a real sense of community here. This balance of autonomy and support is perfect for fostering skill development and confidence within the teams. This approach offers some adaptabi...
Commented in August 03, 2024
31
0
Management has a good system for acknowledging hard work and achievements, which is very motivating. I feel valued and recognized, which motivates me to contribute meaningfully to our goals. The company culture is focused on respect and results. This collaborative spirit makes tackling complex projects much easier and more rewarding.
Commented in January 16, 2024
35
3

Magma Group Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Business Services
Headquarter Address
Charnwood Edge Business Park Syston Cossington Rd Leicester North Carolina NC 28748
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Magma Group
Magma Group is a company that operates in the Mining & Metals industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Leicester, North Carolina.

What Benefits Does Magma Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magma Group 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 Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at Magma Group.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from Magma Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Magma Group salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magma Group

1. How much does a Magma Group employee make?

Magma Group pays its employees an average of $87,063 per year. The average salary at Magma Group range from $76,470 to $98,576 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 Magma Group?

The salary at Magma Group is lesser than the similar company. The average annual salary at Magma Group is $87,063, or an hourly wage of $42, in comparison to Midwest Real Estate Development Co Inc which pays $91,662 per year or $44 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Magma Group?

In many roles at Magma Group, 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.

4. How does the cost of living near Charlotte affect the perceived value of a Magma Group salary?

Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). This significantly impacts the purchasing power of a salary from Magma Group based there. Our "Cost of Living Insights for Charlotte" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Magma Group typically offer employees?

Magma Group 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 Magma Group" section on this page.

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