What is the highest paying job at Magna Electronics Inc?

Based on our latest data, the highest paying role at Magna Electronics Inc is Lead iOS Developer [Remote, NO C2C], earning approximately $226,096 annually.

Where is Magna Electronics Inc located?

Magna Electronics Inc is headquartered in HIDALGO, TX, but may have operations in other locations within the Retail & Wholesale sector.

What industry is Magna Electronics Inc in?

Magna Electronics Inc operates in the Retail & Wholesale industry.

Magna Electronics Inc Average Salary and Pay Ranges

Magna Electronics Inc Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

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Salary at Magna Electronics Inc

How Much Does Magna Electronics Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magna Electronics Inc. Based on our data, the highest paying job is the Lead iOS Developer [Remote, NO C2C], with an annual salary of $226,096. The table below outlines the annual salary ranges for most popular roles within the company.

Lead iOS Developer [Remote, NO C2C]

$226,096 / year

Salary Range: $197,140 - $263,535

Product Development

Technical Documentation Writer (Freelance Contract, Remote)

$120,746 / year

Salary Range: $105,135 - $141,030

Technical Recruitment

Content Strategist / UX Writer - Medical Exp. (Contract, Remote)

$60,344 / year

Salary Range: $54,009 - $66,249

Medical

iOS Developer + Object C (no C2C)

$107,265 / year

Salary Range: $97,576 - $118,569

Software Development

Social Media Manager

$52,550 / year

Salary Range: $47,412 - $59,392

Customer Service

UX Design Systems Writer ( No C2C)

$120,093 / year

Salary Range: $107,120 - $134,389

User Interface Design and Development

Talent Recruiter

$75,710 / year

Salary Range: $67,279 - $84,367

Technical Recruitment

Product Marketing Manager (Freelance Contract, Remote)

$122,180 / year

Salary Range: $108,133 - $136,991

Product and Brand Marketing

UX Content Writer /Strategist - Medical Exp. (Freelance, Remote)

$60,344 / year

Salary Range: $54,009 - $66,249

Medical

Blockchain Developer/Analyst (Freelance Contract, Remote)

$85,184 / year

Salary Range: $70,747 - $96,524

Trading

Communications Marketing Manager (Freelance Contract, Remote)

$107,465 / year

Salary Range: $95,348 - $121,130

Marketing Management

Head of Growth Marketing

$163,773 / year

Salary Range: $144,210 - $180,994

Management

Product Designer- Component Library

$101,481 / year

Salary Range: $90,559 - $113,953

Fashion

Turn Insight into Opportunity: Current Job Openings

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About Magna Electronics Inc: Company Profile

Website

www.magnaelectronics.com

Founded In

1996

Employees

200 - 500 employees

Industry

Retail & Wholesale

Headquarter Location

HIDALGO

Revenue

$50 Million - $200 Million

Phone Number

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magna Electronics Inc's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.

Diversity is celebrated, and there’s a strong sense of teamwork. It’s a good fit for those who prefer a structured work environment. The people are friendly, and the management team is transparent about business goals. The pay is competitive, and the culture is inclusive. Management is open to feedback, and the benefits are competitive.

Commented in February 21, 2025

The culture is positive, and leadership is accessible. Steady workload. The workplace culture is inclusive, and colleagues are friendly. Coworkers are easy to collaborate with. The benefits are decent, matching industry standards. Benefits are above average. This company stands out for its employee-centric approach.

Commented in November 23, 2024

It’s a great place to build a long-term career. The company has a fantastic culture and values employee input. There are occasional training sessions to help with skill development.

Commented in October 08, 2024

It’s a steady job with reasonable expectations and fair benefits. Hard work is rewarded, and there are frequent team appreciation events. Benefits are standard, but the work environment is pleasant.

Commented in March 23, 2024

How Magna Electronics Inc's Salaries Compare to Similar Companies?

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

MASTER ELECTRONICS

Avg. Salary: $83,713

MANCO ABBOTT

Avg. Salary: $74,727

CAPITALIST QUEST, INC.

Avg. Salary: $74,359

RAYA FM

Avg. Salary: $83,644

CONTRACTORSSALES

Avg. Salary: $74,728

L-COM HOLDING COMPANY

Avg. Salary: $78,709

GLOUCESTER REALTY

Avg. Salary: $69,643

WIRELESS NEIGHBORHOOD

Avg. Salary: $83,545

WOODRIVERELECT

Avg. Salary: $72,897

CLASSIC COMPONENTS

Avg. Salary: $82,560

LISA HANDWERK PHOTOGRAPHY

Avg. Salary: $76,712

ESDLABCOATS

Avg. Salary: $69,266

Is Magna Electronics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magna Electronics 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
MASTER ELECTRONICS	$83,714	+31.4%	Data suggests MASTER ELECTRONICS's workforce skews heavily towards veteran, high-tenure roles.
MANCO ABBOTT	$74,727	+17.3%	Supported by MANCO ABBOTT's high-margin contracts allowing higher overhead.
CAPITALIST QUEST, INC.	$74,360	+16.7%	Driven by niche technical certifications required for CAPITALIST QUEST, INC.'s specialized projects.
RAYA FM	$83,645	+31.3%	Influenced by prevailing union wage agreements specific to RAYA FM's sector.
Retail & Wholesale Industry	$123,318	+93.6%	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 Mcallen?

Understanding the cost of living near Mcallen is key to truly evaluating a salary offer or your current compensation at Magna Electronics Inc.

McAllen's Cost of Living Index is approximately 78.9 (21.1% less expensive than US average; 15.2% less than TX average). Rio Grande Valley city, very affordable. Metro McAllen. When planning your budget based on a salary from Magna Electronics Inc, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$750 - $1,100+	A significant portion of Magna Electronics Inc salary. Location choices impact this heavily.
Utilities (Basic)	$160 - $260	Electricity, Heating, Cooling, Water etc.
Public Transportation	Limited local transit	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$360 - $530	Can be higher with more dining out or specialty stores.
Personal & Leisure	$300 - $580+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$350 - $640+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$1,950 - $3,110+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magna Electronics Inc

FAQ 1: What is the estimated average total compensation at Magna Electronics Inc?

Salary.com estimates that the average total compensation package at Magna Electronics Inc, which can include base salary, potential bonuses, and benefits, is around $63,704 annually . Total compensation provides a more holistic view of an employee's earnings.

FAQ 2: How much does Magna Electronics Inc pay compared to MASTER ELECTRONICS?

The average annual salary at Magna Electronics Inc is $63,704, or an hourly wage of $31, in comparison to MASTER ELECTRONICS which pays $83,713 per year or $40 per hour.

FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Magna Electronics Inc?

Salary progression from an entry-level to a senior role at Magna Electronics Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

FAQ 4: How can I determine if a salary offer from Magna Electronics Inc in Mcallen is fair given the local cost of living?

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

FAQ 5: Are promotions at Magna Electronics Inc usually accompanied by a significant salary increase?

Yes, promotions at Magna Electronics Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.