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Magna Products Inc Salary

Magna Products Inc Salary

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As of September 2026, the average annual salary for employees at Magna Products Inc in the United States is $87,654. This translates to an approximate hourly wage of $42. Salaries at Magna Products Inc typically range from $77,038 to $99,173 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magna Products Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magna Products Inc. Based on our data, the highest paying job is the Manager, Accounting, with an annual salary of $99,170. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Magna Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magna Products 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
TechnoMagic Pvt Ltd $90,365
+3.1%
Reflects structural premiums typical of TechnoMagic Pvt Ltd's large-cap national operations.
Senior Direct Inc $99,341
+13.3%
Driven by niche technical certifications required for Senior Direct Inc's specialized projects.
Kashiyama $106,598
+21.6%
Adjusted for higher cost-of-living indices in Kashiyama's primary metro hubs.
Tech and Bowery $105,216
+20.0%
Supported by Tech and Bowery's high-margin contracts allowing higher overhead.
Business Services Industry $120,931
+38.0%
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 Magna Products Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magna Products Inc

Considering a career at Magna Products Inc? 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.
Clear processes and expectations make it easy to stay aligned with goals, while flexible scheduling supports work-life balance. Managers are approachable but often stretched thin. Management consistently checks in on team morale and actively seeks feedback for improvement. This commitment to providing the right resources shows that they value our time and want to empower us to work as productively...
Commented in April 27, 2025
27
1
Team-oriented with supportive leadership. It’s a solid workplace for those who value stability and structure,appeal to those seeking a fast-moving, highly dynamic environment. The culture promotes diversity and inclusion, and performance is regularly recognized. We are given the autonomy to take ownership of our projects.
Commented in April 23, 2025
27
3
Leadership recognizes hard work promptly. Training programs are in place and it is particularly personalized. Managers invest in their teams and provide regular feedback that helps with professional growth.
Commented in January 10, 2025
40
2

Magna Products Inc Overview

Website
www.magnaproducts.com
Founded In
1968
Employees
<25 employees
Industry
Business Services
Headquarter Address
777 Mount Read Blvd Rochester New York NY 14606
Revenue
<$5 Million
Phone Number
+1 5856472280
Social Media
About Magna Products Inc
Magna offers the widest range of options to our customers, because we have developed an extensive inventory of a variety of servo components. Whether it is a repair, direct replacement, remanufactured exchange, or technical support - Magna Products Corporation is dedicated to offer the highest quality service and products to our customers. Do you have a question?

What Benefits Does Magna Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magna Products Inc 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 Rochester?

Understanding the cost of living near Rochester is key to truly evaluating a salary offer or your current compensation at Magna Products Inc.
Rochester's Cost of Living Index is approximately 82.3 (17.7% less expensive than US average; 34.2% less than NY average). Western NY city, affordable housing. RTS bus. When planning your budget based on a salary from Magna Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Magna Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $56 (RTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,286 - $3,696+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magna Products Inc

1. What is the typical salary range (low to high) for most roles at Magna Products Inc?

The typical annual salary range for most roles at Magna Products Inc is approximately from $77,038 to $99,173. 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. How much does Magna Products Inc pay compared to TechnoMagic Pvt Ltd?

The average annual salary at Magna Products Inc is $87,654, or an hourly wage of $42, in comparison to TechnoMagic Pvt Ltd which pays $90,365 per year or $43 per hour.

3. Do salaries differ significantly between departments at Magna Products Inc?

Yes, salaries often differ between departments at Magna Products Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Magna Products Inc?

Experience level is a significant factor in determining salary at Magna Products 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.

5. How can I determine if a salary offer from Magna Products Inc in Rochester is fair given the local cost of living?

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

6. What factors influence salary increases at Magna Products Inc?

Salary increases at Magna Products 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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