Magnet Technology Inc Salary

As of July 2026, the average annual salary for employees at Magnet Technology Inc in the United States is $89,183. This translates to an approximate hourly wage of $43. Salaries at Magnet Technology Inc typically range from $78,513 to $100,697 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnet Technology Inc

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Is Magnet Technology Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnet Technology 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
Qualicent Analytics $108,992
+22.2%
Adjusted for higher cost-of-living indices in Qualicent Analytics's primary metro hubs.
DIAMOND TECHNOLOGY - DIATECH Corp $101,577
+13.9%
Supported by DIAMOND TECHNOLOGY - DIATECH Corp's high-margin contracts allowing higher overhead.
West One Studios Ltd $79,036
-11.4%
Normalized for lower cost-of-living zones where West One Studios Ltd primarily operates.
Southside Granite Co $78,129
-12.4%
Southside Granite Co focuses strategically on recruiting and training entry-level apprentices.
MFG Durable Industry $121,746
+36.5%
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.

Employee Reviews: Working at Magnet Technology Inc

Considering a career at Magnet Technology 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.
Management is also very understanding and responsive to employee needs. There's immense pride in seeing our products in the market and knowing the collective effort that went into their creation. Workplace environment is professional but occasionally rigid. Safety standards are followed, and deadlines are realistic. The work environment is respectful and inclusive, with a strong focus on safety an...
Problem-solving is encouraged and supported. Not much room for creativity, but that’s expected in manufacturing. Communication between shifts could be better. There are good systems in place for everything from safety to production, making the workflow smooth. Reliable production processes and experienced staff ensure timely delivery and consistent product quality. The training programs helped me ...
It’s a company where people are appreciated and given room to grow. Consistent performance, high-quality standards, and excellent team coordination make this company stand out. Training was straightforward, and my team was very welcoming. It's refreshing to work for a manufacturer that balances productivity demands with genuine concern for employee wellbeing.

Magnet Technology Inc Overview

Website
Data pending, update soon.
Founded In
1999
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
1839 Gulfstream Way West Palm Beach Florida FL 33411
Revenue
<$5 Million
Phone Number
-
Social Media
About Magnet Technology Inc
Magnet Technology Inc is a company that operates in the Computer Hardware industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in West Palm Beach, Florida.

What Benefits Does Magnet Technology Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnet Technology 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 West Palm Beach?

Understanding the cost of living near West Palm Beach is key to truly evaluating a salary offer or your current compensation at Magnet Technology Inc.
West Palm Beach's Cost of Living Index is approximately 113.8 (13.8% more expensive than US average; 10.4% more than FL average). South Florida city, higher housing costs, near affluent Palm Beach. Palm Tran, Tri-Rail. When planning your budget based on a salary from Magnet Technology Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Magnet Technology Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Palm Tran monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,190 - $5,060+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnet Technology Inc

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

The typical annual salary range for most roles at Magnet Technology Inc is approximately from $78,513 to $100,697. 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 Magnet Technology Inc pay compared to Qualicent Analytics?

The average annual salary at Magnet Technology Inc is $89,183, or an hourly wage of $43, in comparison to Qualicent Analytics which pays $108,992 per year or $52 per hour.

3. How does experience level affect salary at Magnet Technology Inc?

Experience level is a significant factor in determining salary at Magnet Technology 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 Magnet Technology Inc in West Palm Beach is fair given the local cost of living?

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

5. Are the salaries listed for Magnet Technology Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Magnet Technology 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.