Magnespec Inc Salary

As of July 2026, the average annual salary for employees at Magnespec Inc in the United States is $97,263. This translates to an approximate hourly wage of $47. Salaries at Magnespec Inc typically range from $85,670 to $109,757 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnespec Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnespec Inc. Based on our data, the highest paying job is the Director, Operations, with an annual salary of $170,662. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Magnespec Inc

Ready for your next career move? Explore current job openings at Magnespec Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Magnespec Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnespec 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
Airveda $97,959
+0.7%
Confirms Airveda is a direct competitor vying for the exact same talent pool.
Visuality Systems Ltd $83,361
-14.3%
Reflects market rates for standard general contracting, differing from specialized roles.
MagCanica Inc $93,677
-3.7%
MagCanica Inc operates with a leaner overhead structure, impacting base wage offers.
PADO Inc $96,683
-0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $121,746
+25.2%
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 Magnespec Inc

Considering a career at Magnespec 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.
Excellent teamwork enhances output and quality. Management provides clear performance metrics so everyone understands their contribution to overall success. Clean facility, modern equipment, and safe practices. Managers are often on the floor, talking to employees and understanding the day-to-day operations. It’s reassuring to work for a company whose leadership not only understands the complexiti...
I’ve had opportunities to cross-train in multiple departments. This variety ensures that every one can find a niche and develop specialized skills. Clear processes and helpful training materials. Training exists but can be uneven across departments. My team leads provided hands-on training that made me feel confident quickly. Good benefits and a stable work environment are also major positives. Th...
Tools and support are available, though innovation take hold here. Working for this manufacturing leader has been incredibly rewarding. What stands out most about working here is the commitment to quality and innovation. Communication between departments varies.

Magnespec Inc Overview

Website
www.magnespec.com
Founded In
1974
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1301 W Mahalo Pl East Rancho Dominguez California CA 90221
Revenue
<$5 Million
Phone Number
+1 3106032262
Social Media
About Magnespec Inc
Magnespec designs and manufactures a wide range of magnetic components, from surface-mount chip inductors to 75 KVA three-phase power transformers. From our high reliability encapsulated MIL-PRF-27 transformers and chip inductors to industrial grade ferrite-core and laminated-core products, we can offer the right quality and price for any application. Our products include: audio, power, 3-phase, p

What Benefits Does Magnespec Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnespec 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 Los Angeles?

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

FAQs of Magnespec Inc

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

The typical annual salary range for most roles at Magnespec Inc is approximately from $85,670 to $109,757. 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 Magnespec Inc pay compared to Airveda?

The average annual salary at Magnespec Inc is $97,263, or an hourly wage of $47, in comparison to Airveda which pays $97,959 per year or $47 per hour.

3. Do salaries differ significantly between departments at Magnespec Inc?

Yes, salaries often differ between departments at Magnespec 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 Magnespec Inc?

Experience level is a significant factor in determining salary at Magnespec 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 Magnespec Inc in Los Angeles is fair given the local cost of living?

To determine if a salary offer from Magnespec Inc in Los Angeles is fair, first compare the gross salary to our data for similar roles at Magnespec Inc 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.

6. Are the salaries listed for Magnespec Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Magnespec Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.