Magmotor Technologies, Inc. Salary

Magmotor Technologies, Inc. Salary

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As of August 2026, the average annual salary for employees at Magmotor Technologies, Inc. in the United States is $77,398. This translates to an approximate hourly wage of $37. Salaries at Magmotor Technologies, Inc. typically range from $68,071 to $87,823 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magmotor Technologies, Inc. Pay for Different Roles?

Explore detailed salary information for specific jobs at Magmotor Technologies, Inc.. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Turn Insight into Opportunity: Current Job Openings

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About Magmotor Technologies, Inc.: Company Profile

Website
www.magmotor.com
Founded In
1876
Employees
<25 employees
Industry
MFG Durable
Headquarter Location
WORCESTER
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MAGMOTOR TECHNOLOGIES, INC.
Magmotor Technologies Inc. specializes in providing cost-effective electromechanical motion control solutions to equipment manufactures serving several high-tech markets including: Semiconductor Processing Medical Devices Machine Tool Industry Factory Automation Automotive Industry Robotics We offer a broad range of brush and brushless servomotors, custom designed motors, frameless motors, MagLev

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magmotor Technologies, Inc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
This financial security and appreciation for our hard work make it a very attractive place to build a long-term career in the manufacturing industry for myself and my colleagues. Being directly involved in creating tangible products from raw materials to finished goods provides a strong sense of accomplishment at the end of each shift. These well-documented guidelines ensure consistency, safety, a...
Commented in March 21, 2025
47
2
The company's strong safety record is a testament to its unwavering focus on employee well-being and rigorous adherence to safety protocols. Action items are documented and followed up. Compensation philosophy is transparent and fair.
Commented in May 28, 2024
44
0
Travel policies are employee-friendly. Buddies provide peer support beyond HR training. Office environment promotes productivity and comfort. This collaborative spirit not only boosts efficiency and problem-solving but also makes the demanding manufacturing environment much more enjoyable and supportive for everyone involved. Social connections develop naturally. Doing good is baked into our cultu...
Commented in January 29, 2024
33
3

How Magmotor Technologies, Inc.'s Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Magmotor Technologies, Inc.’s pay competitiveness. Click on a company for a deeper dive.

Is Magmotor Technologies, Inc.’s Pay Competitive? Salary Benchmarking Analysis

How does Magmotor Technologies, 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
M E D INC $86,417
+11.7%
Influenced by prevailing union wage agreements specific to M E D INC's sector.
HELLWIG PRODUCTS $74,015
-4.4%
Reflects market rates for standard general contracting, differing from specialized roles.
LEADERS DISTRIBUTING CO $69,737
-9.9%
LEADERS DISTRIBUTING CO focuses strategically on recruiting and training entry-level apprentices.
PRODIESEL $72,290
-6.6%
PRODIESEL likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $121,746
+57.3%
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.

What Is the Cost of Living Near Worcester?

Understanding the cost of living near Worcester is key to truly evaluating a salary offer or your current compensation at Magmotor Technologies, Inc..
Worcester's Cost of Living Index is approximately 112.7 (12.7% more expensive than US average; 15.0% less than MA average). Central MA city, growing, more affordable than Boston area. WRTA bus, Commuter Rail. When planning your budget based on a salary from Magmotor Technologies, Inc., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Magmotor Technologies, Inc. salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (WRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,960 - $4,610+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magmotor Technologies, Inc.

FAQ 1: What is the typical salary range (low to high) for most roles at Magmotor Technologies, Inc.?
The typical annual salary range for most roles at Magmotor Technologies, Inc. is approximately from $68,071 to $87,823. 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.
FAQ 2: How much does Magmotor Technologies, Inc. pay compared to M E D INC?
The average annual salary at Magmotor Technologies, Inc. is $77,398, or an hourly wage of $37, in comparison to M E D INC which pays $86,416 per year or $42 per hour.
FAQ 3: How does experience level affect salary at Magmotor Technologies, Inc.?
Experience level is a significant factor in determining salary at Magmotor Technologies, 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.
FAQ 4: How can I determine if a salary offer from Magmotor Technologies, Inc. in Worcester is fair given the local cost of living?
To determine if a salary offer from Magmotor Technologies, Inc. in Worcester is fair, first compare the gross salary to our data for similar roles at Magmotor Technologies, Inc. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Worcester" to understand its purchasing power.
FAQ 5: What factors influence salary increases at Magmotor Technologies, Inc.?
Salary increases at Magmotor Technologies, Inc. are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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