Magnatek Salary

As of September 2026, the average annual salary for employees at Magnatek in the United States is $103,381. This translates to an approximate hourly wage of $50. Salaries at Magnatek typically range from $91,058 to $116,659 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnatek Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnatek. Based on our data, the highest paying job is the Financial Controller, with an annual salary of $239,531. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Magnatek’s Pay Competitive? Salary Benchmarking Analysis

How does Magnatek'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
Long Machine Inc $95,449
-7.7%
Long Machine Inc operates with a leaner overhead structure, impacting base wage offers.
Northtech Machine LLC $82,201
-20.5%
Northtech Machine LLC focuses strategically on recruiting and training entry-level apprentices.
CAL Analytics LLC $86,230
-16.6%
CAL Analytics LLC may offer non-monetary perks in lieu of competitive base salaries.
Vertical Access LLC $85,734
-17.1%
Typical compensation structure for smaller regional agencies like Vertical Access LLC.
MFG Durable Industry $121,746
+17.8%
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 Magnatek

Considering a career at Magnatek? 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.
A very positive environment for learning and contributing to meaningful work. The production scheduling is well-planned, avoiding the stressful crunch periods common in manufacturing. This consideration makes a huge difference in overall job satisfaction and well-being, allowing for a healthy integration of work and life. Work can be repetitive, with occasional high-pressure periods during peak pr...
Leadership maintains open communication and provides feedback regularly, fostering transparency. The work gets done efficiently, but there’s little emotional investment from the team. The investment in automation complements rather than replaces human workers, creating more interesting technical roles. Recognition programs celebrate individual and team achievements regularly, boosting motivation a...
I’ve stayed because the culture values hard work, but doesn’t burn you out. This company has a fantastic culture that emphasizes respect, collaboration, and employee growth. Beyond that, the team atmosphere is fantastic. They offer various training opportunities that allow us to grow professionally. Adequate for stability, less ideal for growth.

Magnatek Overview

Website
www.magnatek.org
Founded In
1984
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2683 Le Conte Ave Berkeley California CA 94709
Revenue
<$5 Million
Phone Number
+1 5103869886
Social Media
About Magnatek
Magnatek offers many capacities of hard drives, from 80GB to 4TB, and different interfaces, SATA ATA SAS SCSI and Fiber channel. Magnatek also offers discounts for buying in volume.

What Benefits Does Magnatek Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnatek 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)
Work at Magnatek?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Berkeley?

Understanding the cost of living near Berkeley is key to truly evaluating a salary offer or your current compensation at Magnatek.
Berkeley's Cost of Living Index is approximately 229.6 (129.6% more expensive than US average; 64.2% more than CA average). East Bay city (UC Berkeley), extremely high housing costs, very high overall expenses, unique culture. BART. When planning your budget based on a salary from Magnatek, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,300+ A significant portion of Magnatek salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (AC Transit/BART varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $530 - $830 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $820+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,650 - $7,350+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnatek

1. How much does Magnatek in the United States pay?

Magnatek pays its employees an average of $103,381 per year. The average salary at Magnatek range from $91,058 to $116,659 per year. 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. Do Magnatek employees get a higher salary than its peer company?

The salary at Magnatek is higher than its peer company. The average annual salary at Magnatek is $103,381, or an hourly wage of $50, in comparison to Long Machine Inc which pays $95,449 per year or $46 per hour.

3. What are the highest paying jobs at Magnatek?

The higher-paying job at Magnatek, according to our data, include Financial Controller (avg. $239,531 per year), Manager, Engineering (avg. $142,055 per year), and Service Engineer (avg. $97,308 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Magnatek?

Salary progression with years of experience at Magnatek is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Magnatek vary by office location?

Yes, it's very likely that salaries at Magnatek vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Berkeley section provides more context.

6. Does Magnatek offer good benefits?

Magnatek typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Magnatek" section on this page.