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Magna Tech, Inc. Salary

Magna Tech, Inc. Salary

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As of September 2026, the average annual salary for employees at Magna Tech, Inc. in the United States is $71,390. This translates to an approximate hourly wage of $34. Salaries at Magna Tech, Inc. typically range from $62,780 to $81,013 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magna Tech, Inc. Pay for Different Roles?

Explore detailed salary information for specific jobs at Magna Tech, 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 Magna Tech, Inc.: Company Profile

Website
www.magnatechinc.com
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Location
CHANUTE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MAGNA TECH, INC.
MAGNA TECH INC is a company based out of 4331 S JOHNSON RD, CHANUTE, Kansas, United States.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magna Tech, Inc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
I'm proud to be part of this manufacturing team. Work tasks are consistent. Environment is okay—neither too challenging nor too easy. Leadership regularly checks in with each department, which keeps morale high. The work environment is safe, clean, and well-organized, contributing to overall job satisfaction and productivity for everyone on the team.
Commented in February 06, 2025
28
3
Morale is generally high thanks to regular appreciation events and bonuses. I’ve been promoted twice in five years because they reward performance and initiative. Tools are provided, but upgrades are infrequent. Career advancement exists but progressShift work can be demanding, with flexibility depending on supervisors. Workers feel valued and supported, and quality control standards remain top-no...
Commented in January 12, 2025
48
2
Seeing our products used in critical applications worldwide gives tremendous pride in our work. From good benefits to recognizing hard work, you feel like a valued team member, not just a number. The company also provides good benefits and career growth opportunities. This company offers a refreshing work atmosphere for the manufacturing industry.
Commented in January 21, 2024
8
1

How Magna Tech, 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 Tech, Inc.’s pay competitiveness. Click on a company for a deeper dive.

Is Magna Tech, Inc.’s Pay Competitive? Salary Benchmarking Analysis

How does Magna Tech, 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
FKP $76,932
+7.8%
Data suggests FKP's workforce skews heavily towards veteran, high-tenure roles.
ORLANDO DANCE CAMP 2014 $73,899
+3.5%
Adjusted for higher cost-of-living indices in ORLANDO DANCE CAMP 2014's primary metro hubs.
HITCH-HIKER MANUFACTURING $73,099
+2.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
JENNINGS TRAILERS $76,831
+7.6%
Reflects a supply-demand imbalance for the specific talent JENNINGS TRAILERS targets.
MFG Durable Industry $121,746
+70.5%
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 Wichita?

Understanding the cost of living near Wichita is key to truly evaluating a salary offer or your current compensation at Magna Tech, Inc..
Wichita's Cost of Living Index is approximately 82.1 (17.9% less expensive than US average; 8.5% less than KS average). Largest KS city, 'Air Capital', affordable housing. Wichita Transit. When planning your budget based on a salary from Magna Tech, Inc., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Magna Tech, Inc. salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (Wichita Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,960 - $3,160+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magna Tech, Inc.

FAQ 1: What is the estimated average total compensation at Magna Tech, Inc.?
Salary.com estimates that the average total compensation package at Magna Tech, Inc., which can include base salary, potential bonuses, and benefits, is around $71,390 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Magna Tech, Inc. pay compared to FKP?
The average annual salary at Magna Tech, Inc. is $71,390, or an hourly wage of $34, in comparison to FKP which pays $76,932 per year or $37 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Magna Tech, Inc.?
Salary progression from an entry-level to a senior role at Magna Tech, 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 Tech, Inc. in Wichita is fair given the local cost of living?
To determine if a salary offer from Magna Tech, Inc. in Wichita is fair, first compare the gross salary to our data for similar roles at Magna Tech, Inc. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Wichita" to understand its purchasing power.
FAQ 5: Are promotions at Magna Tech, Inc. usually accompanied by a significant salary increase?
Yes, promotions at Magna Tech, 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.

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