Magnetechcorp Salary

As of April 2026, the average annual salary for employees at Magnetechcorp in the United States is $78,966. This translates to an approximate hourly wage of $38. Salaries at Magnetechcorp typically range from $69,445 to $89,599 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnetechcorp Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnetechcorp. Based on our data, the highest paying job is the Automated Bend Center Operator: 3rd Shift 9:00pm - 5:30am, with an annual salary of $181,314. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Assembly: First Shift 6am - 3:30pm

$53,319 / year

Salary Range: $47,894 - $59,574

Manufacturing

Assembly: Third Shift - 9:00pm to 5:30am

$59,158 / year

Salary Range: $51,235 - $68,504

Production

Automated Bend Center Operator: 3rd Shift - 7pm to 5:30am

$102,744 / year

Salary Range: $92,755 - $113,398

Engineering

Turn Insight into Opportunity: Current Job Openings

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About Magnetechcorp: Company Profile

Website
www.magnetechcorp.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
NOVI
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About MAGNETECHCORP
Magnetech Corporation is a warehousing company based out of 22809 Heslip Dr, Novi, Michigan, United States.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnetechcorp's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Stress is managed well, and there’s a collective effort to overcome challenges without blame. Modern machinery and technology improve daily operations, and flexible shift options support a healthy work-life balance. Not much socializing, which works for those who prefer a task-oriented workplace with minimal distractions. You’re given tools and basic direction.
Workflow is organized, but efficiency varies by team. Tasks are repeated often and executed with efficiency. Career advancement opportunities are available. The work-life balance is surprisingly good for a manufacturing environment. A dependable employer, though opportunities for skill advancement and recognition could be stronger. I enjoy the structure and clarity of my role. Schedules are consis...
Productivity is fine, and quality standards are enforced. Career growth is possible but often requires patience. Promotion pathways are available but competitive.

Is Magnetechcorp’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetechcorp'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
MICHAEL SKINNER MUSIC $77,772
-1.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MOUNT KISCO FRAME SHOP $88,022
+11.5%
Adjusted for higher cost-of-living indices in MOUNT KISCO FRAME SHOP's primary metro hubs.
MITCHELLMETALPRODUCTS $72,182
-8.6%
Reflects market rates for standard general contracting, differing from specialized roles.
MAURER MARINE $84,510
+7.0%
Reflects a supply-demand imbalance for the specific talent MAURER MARINE targets.
MFG Durable Industry $121,746
+54.2%
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.

What Is the Cost of Living Near Novi?

Understanding the cost of living near Novi is key to truly evaluating a salary offer or your current compensation at Magnetechcorp.
Novi's Cost of Living Index is approximately 106.1 (6.1% more expensive than US average; 16.2% more than MI average). Affluent Detroit suburb (Oakland Co.), high housing costs, major retail. SMART bus. When planning your budget based on a salary from Magnetechcorp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,350 - $1,900+ A significant portion of Magnetechcorp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,690 - $4,140+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnetechcorp

FAQ 1: What is the typical salary range (low to high) for most roles at Magnetechcorp?
The typical annual salary range for most roles at Magnetechcorp is approximately from $69,445 to $89,599. 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.
FAQ 2: How much does Magnetechcorp pay compared to MICHAEL SKINNER MUSIC?
The average annual salary at Magnetechcorp is $78,966, or an hourly wage of $38, in comparison to MICHAEL SKINNER MUSIC which pays $77,771 per year or $37 per hour.
FAQ 3: How does experience level affect salary at Magnetechcorp?
Experience level is a significant factor in determining salary at Magnetechcorp, 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.
FAQ 4: How can I determine if a salary offer from Magnetechcorp in Novi is fair given the local cost of living?
To determine if a salary offer from Magnetechcorp in Novi is fair, first compare the gross salary to our data for similar roles at Magnetechcorp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Novi" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Magnetechcorp?
Several key factors influence salary levels at Magnetechcorp. 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: Magnetechcorp likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.