Magnet Technology Salary
How Much Does Magnet Technology Pay for Different Roles?
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Current Job Openings at Magnet Technology
Is Magnet Technology’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Memon Traders | $107,537 |
+23.2%
|
Adjusted for higher cost-of-living indices in Memon Traders's primary metro hubs. |
| Car Stereo One | $86,546 |
-0.8%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Agricultural Chemicals| Co | $90,998 |
+4.3%
|
Influenced by prevailing union wage agreements specific to Agricultural Chemicals| Co's sector. |
| Bario Neal | $95,902 |
+9.9%
|
Data suggests Bario Neal's workforce skews heavily towards veteran, high-tenure roles. |
| Retail & Wholesale Industry | $123,318 |
+41.3%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Magnet Technology's Salaries Compare to Similar Companies?
Memon Traders
$107,537 / year
Salary Range: $94,577 - $121,598
New York City, NY
Car Stereo One
$86,546 / year
Salary Range: $76,112 - $97,868
Toledo, OH
Agricultural Chemicals| Co
$90,998 / year
Salary Range: $80,016 - $102,941
Columbus, OH
Bario Neal
$95,902 / year
Salary Range: $84,341 - $108,440
Philadelphia, PA
Seektronics
$89,415 / year
Salary Range: $78,641 - $101,112
Shenzhen,
Music N Beyond
$108,022 / year
Salary Range: $94,998 - $122,146
Dublin, CA
Vanishing Inc
$96,936 / year
Salary Range: $85,257 - $109,623
Rancho Cordova, CA
Freedom RV
$89,257 / year
Salary Range: $78,504 - $100,941
Fresno, CA
Makro Grocers
$88,171 / year
Salary Range: $77,542 - $99,697
Miami, FL
Employee Reviews: Working at Magnet Technology
Magnet Technology Overview
What Benefits Does Magnet Technology Offer Beyond Salary?
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What Is the Cost of Living Near Cincinnati?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $950 - $1,400+ | A significant portion of Magnet Technology salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (Metro monthly pass, Connector free) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $670+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,250 - $3,510+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Magnet Technology
1. What is the typical salary range (low to high) for most roles at Magnet Technology?
The typical annual salary range for most roles at Magnet Technology is approximately from $76,745 to $98,673. 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 pay compared to Memon Traders?
The average annual salary at Magnet Technology is $87,264, or an hourly wage of $42, in comparison to Memon Traders which pays $107,537 per year or $52 per hour.
3. How does experience level affect salary at Magnet Technology?
Experience level is a significant factor in determining salary at Magnet Technology, 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 in Cincinnati is fair given the local cost of living?
To determine if a salary offer from Magnet Technology in Cincinnati is fair, first compare the gross salary to our data for similar roles at Magnet Technology and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Cincinnati" to understand its purchasing power.
5. Are the salaries listed for Magnet Technology on Salary.com pre-tax or after-tax?
All salary figures displayed for Magnet Technology, 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.
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