MAGNA USA Inc Salary

As of August 2026, the average annual salary for employees at MAGNA USA Inc in the United States is $109,994. This translates to an approximate hourly wage of $53. Salaries at MAGNA USA Inc typically range from $96,648 to $124,488 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at MAGNA USA Inc

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Is MAGNA USA Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MAGNA USA 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
The Fashion Management $112,188
+2.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
LOHNPACK Contract Filling Inc $96,145
-12.6%
Reflects market rates for standard general contracting, differing from specialized roles.
WebCastle Media Pvt Ltd $103,360
-6.0%
Normalized for lower cost-of-living zones where WebCastle Media Pvt Ltd primarily operates.
Lgbt LLC $89,278
-18.8%
Lgbt LLC likely leverages performance bonuses over the high base salary shown here.
Business Services Industry $120,931
+9.9%
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.

Employee Reviews: Working at MAGNA USA Inc

Considering a career at MAGNA USA 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.
It shows they're invested in us not just as workers, but as people too, fostering loyalty. There's a healthy mix of routine and challenge. Managers focus heavily on metrics, which can be limiting for creative thinkers. The company offers freedom to innovate. While the company offers stability and job security, opportunities for upward movement are limited unless you're in specific departments.
Managers provide clear direction and trust you to get the job done. Plenty of work, but recognition is lacking. Every team member contributes, and success feels like a shared effort. It’s a clear sign that the company supports working parents. Employees are recognized for their achievements, creating a motivating atmosphere. The understanding and flexibility shown towards parents is a huge plus. S...
The company invests in upskilling its employees, which shows a commitment to our long-term careers. Employee contributions are recognized and appreciated regularly. From day one, I felt welcomed and supported by my team. There’s a strong focus on efficient processes and realistic deadlines, so we can deliver high-quality work without burning out. My manager takes a genuine interest in my career go...

MAGNA USA Inc Overview

Website
Data pending, update soon.
Founded In
2002
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
633 3rd Ave New York City New York NY 10017
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About MAGNA USA Inc
MAGNA USA Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in New York City, New York.

What Benefits Does MAGNA USA Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MAGNA USA 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at MAGNA USA Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from MAGNA USA Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of MAGNA USA Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) 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) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MAGNA USA Inc

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

The typical annual salary range for most roles at MAGNA USA Inc is approximately from $96,648 to $124,488. 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 USA Inc pay compared to The Fashion Management?

The average annual salary at MAGNA USA Inc is $109,994, or an hourly wage of $53, in comparison to The Fashion Management which pays $112,188 per year or $54 per hour.

3. How does experience level affect salary at MAGNA USA Inc?

Experience level is a significant factor in determining salary at MAGNA USA 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.

4. How can I determine if a salary offer from MAGNA USA Inc in New York is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at MAGNA USA Inc?

Several key factors influence salary levels at MAGNA USA Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: MAGNA USA Inc likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.