What is the highest paying job at Magna Tool?

Based on our latest data, the highest paying role at Magna Tool is FT Utility Aide- Dishwasher, earning approximately $157,123 annually.

Where is Magna Tool located?

Magna Tool is headquartered in CYPRESS, CA, but may have operations in other locations within the All Industries sector.

What industry is Magna Tool in?

Magna Tool operates in the All Industries industry.

Magna Tool Average Salary and Pay Ranges

Magna Tool Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

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Salary at Magna Tool

How Much Does Magna Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at Magna Tool. Based on our data, the highest paying job is the FT Utility Aide- Dishwasher, with an annual salary of $157,123. The table below outlines the annual salary ranges for most popular roles within the company.

Treatment Plant Operator II

$67,124 / year

Salary Range: $61,353 - $72,922

Pipeline Technician

Building Maintenance Worker

$52,847 / year

Salary Range: $45,774 - $59,749

Hospitality

Assistant Chief of Fire

$110,320 / year

Salary Range: $90,752 - $133,451

IRA Accounts

Full-time Server

$22,608 / year

Salary Range: $19,770 - $25,610

IT Infrastructure

Maintenance I - Housekeeper

$56,086 / year

Salary Range: $50,077 - $62,486

Facilities Operations

FT Utility Aide- Dishwasher

$157,123 / year

Salary Range: $140,612 - $175,420

Trading

Move-In Coordinator

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Maintenance Technician II

$50,724 / year

Salary Range: $43,919 - $60,295

Oil and Gas

Dining Room Supervisor

$80,279 / year

Salary Range: $72,175 - $88,476

Pipeline Scheduling

Leasing Consultant

$34,692 / year

Salary Range: $31,356 - $38,515

Leasing and Sales

Caregiver

$100,230 / year

Salary Range: $75,438 - $123,171

Trading

Utility Aide

$70,600 / year

Salary Range: $64,487 - $76,500

Testing and Evaluation

Housekeeping - Concierge

$50,794 / year

Salary Range: $44,949 - $57,492

Housekeeping

HR Coordinator

$55,151 / year

Salary Range: $49,641 - $60,587

Supervision Department

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Magna Tool.

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About Magna Tool: Company Profile

Website

www.magnatoolinc.com

Founded In

Data pending, update soon.

Employees

50 - 100 employees

Industry

All Industries

Headquarter Location

CYPRESS

Revenue

$10 Million - $50 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 Tool's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.

Compensation is competitive, and the culture is inclusive. Career advancement is possible, with clear pathways discussed during reviews. The onboarding process was smooth, and I felt welcomed from day one. Career advancement is encouraged, and benefits are strong. The company promotes from within, offering clear career paths.

Commented in February 23, 2025

The benefits package is robust, including wellness programs. This company truly invests in its employees. The overall atmosphere is motivating, making it a great place to contribute and grow professionally. The benefits package is robust, including retirement contributions and health perks. Overall, it’s a great place to build a long-term career while maintaining a healthy work-life balance. The h...

Commented in January 07, 2025

The company also supports professional development through courses and certifications. I’ve enjoyed my time here and see long-term growth potential. There’s a good mix of challenging projects and learning opportunities. Benefits like health coverage and remote work options are excellent. Colleagues are cooperative, and processes are well-defined.

Commented in February 13, 2024

How Magna Tool's Salaries Compare to Similar Companies?

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

MACON MACHINE, INC.

MACHINE TOOL SVC

MACHINE & TOOL

MACHINEDYNAMICS

MACHINE INDUSTRIES

MACHINEX

M2M MACHINING, INC.

MACHINE TOOL ENGINEERING, INC.

Avg. Salary: $63,467

MAILQUIP

Avg. Salary: $74,080

M & M PRECISION MACHINING, INC

Avg. Salary: $72,650

MARINE MACHINING & MANUFACTURING

Avg. Salary: $70,898

MAHUTA TOOL

Avg. Salary: $69,884

Is Magna Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Magna Tool'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
MACON MACHINE, INC.	$66,063	-16.6%	Reflects market rates for standard general contracting, differing from specialized roles.
MACHINE TOOL SVC	$65,010	-18.0%	MACHINE TOOL SVC operates with a leaner overhead structure, impacting base wage offers.
MACHINE & TOOL	$65,170	-17.8%	MACHINE & TOOL likely leverages performance bonuses over the high base salary shown here.
MACHINEDYNAMICS	$78,915	-0.4%	Confirms MACHINEDYNAMICS is a direct competitor vying for the exact same talent pool.
All Industries Industry	$120,093	+51.6%	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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Magna Tool.

Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Magna Tool, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$2,500 - $3,800+	A significant portion of Magna Tool salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$100 (Metro TAP card varies)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$450 - $700	Can be higher with more dining out or specialty stores.
Personal & Leisure	$500 - $1,000+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$350 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$4,050 - $6,450+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magna Tool

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

Salary.com estimates that the average total compensation package at Magna Tool, which can include base salary, potential bonuses, and benefits, is around $79,239 annually . Total compensation provides a more holistic view of an employee's earnings.

FAQ 2: How much does Magna Tool pay compared to MACON MACHINE, INC.?

The average annual salary at Magna Tool is $79,239, or an hourly wage of $38, in comparison to MACON MACHINE, INC. which pays $66,063 per year or $32 per hour.

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

Salary progression from an entry-level to a senior role at Magna Tool 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 Tool in Los Angeles is fair given the local cost of living?

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

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

Yes, promotions at Magna Tool 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.