Magna Machine & Tool Co Inc Salary
How Much Does Magna Machine & Tool Co Inc Pay?BETA
As of December 2024, the average annual salary for employees at Magna Machine & Tool Co Inc in the United States is $86,504. This translates to an approximate hourly wage of $42. Salaries at Magna Machine & Tool Co Inc typically range from $76,167 to $97,661 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Magna Machine & Tool Co Inc, A President is among the highest earners, with an average salary of approximately $669,618 per year. Conversely, the lowest-paid position is Machinist, earning around $44,982 annually. Explore this page further for more salary and benefits information at Magna Machine & Tool Co Inc.
How Much Does Magna Machine & Tool Co Inc Pay for Different Roles?BETA
At Magna Machine & Tool Co Inc, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.
It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, President positions at Magna Machine & Tool Co Inc offer the highest average annual salary of $669,618, while Machinist roles have an average annual salary of $44,982.
| JOB TITLE | SALARY RANGE | AVERAGE SALARY | COMPANY NAME |
|---|---|---|---|
| President | $512,987 - $842,587 | $669,618 | Magna Machine & Tool Co Inc |
| Secretary Treasurer | $153,201 - $223,525 | $186,014 | Magna Machine & Tool Co Inc |
| Software Designer | $106,585 - $127,645 | $117,286 | Magna Machine & Tool Co Inc |
| Cost Estimator | $60,223 - $86,721 | $71,571 | Magna Machine & Tool Co Inc |
| Purchasing Agent | $46,459 - $60,727 | $53,061 | Magna Machine & Tool Co Inc |
| Machinist | $40,259 - $49,401 | $44,982 | Magna Machine & Tool Co Inc |
Thanks for your feedback!
Magna Machine & Tool Co Inc Overview
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 SetsDoes your employee feel unfair treatment? See Our Pay Equity Suite can help you achieve and sustain pay equity with the true end-to-end solution.
Explore Pay EquityMost Common Benefits for Magna Machine & Tool Co Inc
Get an estimated calculation of how much you should be earning and insight into your career options.
Job Openings at Magna Machine & Tool Co Inc
Similar Company Salary
| Paul Robert Inc Taylorsville, NC | $77,441 - $99,307 Company Salary Range | $87,949 Average Company Salary |
| Gerett Products Division of Western Industries Menomonee Falls, WI | $79,988 - $102,563 Company Salary Range | $90,850 Average Company Salary |
| GC Dies LLC Elmhurst, IL | $87,008 - $111,562 Company Salary Range | $98,814 Average Company Salary |
| Fancort Industries Inc Caldwell, NJ | $93,147 - $119,439 Company Salary Range | $105,786 Average Company Salary |
| Artistic Mold Company Inc Waterbury, CT | $88,785 - $113,842 Company Salary Range | $100,839 Average Company Salary |
| Metalanim Mold Cabery, IL | $78,247 - $100,319 Company Salary Range | $88,856 Average Company Salary |
| Kiffer Industries Inc Cleveland, OH | $83,691 - $107,367 Company Salary Range | $95,069 Average Company Salary |
| MD&A Control Systems Fort Collins, CO | $80,135 - $102,807 Company Salary Range | $91,029 Average Company Salary |
| Midwest Precision Tool & Die Inc Sioux Falls, SD | $73,180 - $93,808 Company Salary Range | $83,108 Average Company Salary |
FAQs About Magna Machine & Tool Co Inc Company
1. How much does Magna Machine & Tool Co Inc in the United States pay?
Magna Machine & Tool Co Inc pays its employees an average of $86,504 per year. The average salary at Magna Machine & Tool Co Inc range from $76,167 to $97,661 per year. President jobs at Magna Machine & Tool Co Inc earn the most with an average annual salary of $669,618, while Machinist jobs earn the least with an average annual salary of $44,982.
2. Do Magna Machine & Tool Co Inc employees get a higher salary than other similar companies?
The salary at Magna Machine & Tool Co Inc is lesser than Fancort Industries Inc. The highest salary package reported for an employee at Magna Machine & Tool Co Inc is $97,661 per year, meanwhile the highest salary package reported for an employee at Fancort Industries Inc is $119,439 per year.
3. How much does Magna Machine & Tool Co Inc pay compared to Fancort Industries Inc?
The average annual salary at Magna Machine & Tool Co Inc is $86,504, or an hourly wage of $42, in comparison to Fancort Industries Inc which pays $105,786 per year or $51 per hour.
4. Which job skills can boost a Cost Estimator salary at Magna Machine & Tool Co Inc?
Construction Estimating, Pricing and Project Management are key to a Cost Estimator job at Magna Machine & Tool Co Inc. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Magna Machine & Tool Co Inc.
5. What is the lowest salary at Magna Machine & Tool Co Inc?
The lowest paying job at Magna Machine & Tool Co Inc is Machinist with an annual salary of $44,982 or an hourly rate of $42.