Magnetecs Corp Salary

Magnetecs Corp Salary

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As of July 2026, the average annual salary for employees at Magnetecs Corp in the United States is $107,674. This translates to an approximate hourly wage of $52. Salaries at Magnetecs Corp typically range from $94,852 to $121,598 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnetecs Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnetecs Corp. Based on our data, the highest paying job is the Chief Financial Officer, with an annual salary of $434,546. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Magnetecs Corp

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

Is Magnetecs Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetecs Corp'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
Testcomm LLC $91,884
-14.7%
Typical compensation structure for smaller regional agencies like Testcomm LLC.
NJR Medical Inc $111,619
+3.7%
Influenced by prevailing union wage agreements specific to NJR Medical Inc's sector.
Wytcote Inc $103,718
-3.7%
Wytcote Inc focuses strategically on recruiting and training entry-level apprentices.
AseptiScope Inc $102,706
-4.6%
AseptiScope Inc operates with a leaner overhead structure, impacting base wage offers.
Biotechnology Industry $130,524
+21.2%
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.

How Magnetecs Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Magnetecs Corp. Click a company name to learn more.

Employee Reviews: Working at Magnetecs Corp

Considering a career at Magnetecs Corp? 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.
However, the corporate culture can be impersonal, and opportunities for advancement are limited unless actively pursued. Great benefits, exciting research pipeline, and passionate coworkers make this a fulfilling company to be part of. Diverse ideas and voices shape decisions. Company invests in people and innovation.
Commented in April 09, 2025
31
1
A mission-driven team with clear goals and genuine energy. The science is strong, but internal communication could improve. Great mission-driven culture with cutting-edge science and supportive colleagues. The company does an excellent job balancing performance with compassion. Workload is manageable but sometimes repetitive. The management is supportive, and the teams are incredibly passionate ab...
Commented in December 23, 2024
30
1
The leadership team is approachable and genuinely cares about employee well-being. As a recent graduate, I'm incredibly grateful for the opportunities provided The structured mentorship programs and continuous learning initiatives have accelerated my professional development significantly. I’ve had the chance to work on projects that directly impact lives. Workloads are manageable, and safety prot...
Commented in October 02, 2024
42
0

Magnetecs Corp Overview

Website
www.magnetecs.com
Founded In
2003
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
10524 S La Cienega Blvd Inglewood California CA 90304
Revenue
<$5 Million
Phone Number
+1 3106707700
Social Media
About Magnetecs Corp
Magnetecs Corporation designs and manufactures a highly efficient robotic Catheter Guidance Control and Imaging (CGCI) system for minimally invasive medical procedures. The systems electromagnetic array consists of eight electromagnets in a unique configuration for intelligent guidance of a magnetically-tipped catheter, enabling a physician to precisely and consistently control surgical tools in h

What Benefits Does Magnetecs Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnetecs Corp 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 Magnetecs Corp?
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What Is the Cost of Living Near Inglewood?

Understanding the cost of living near Inglewood is key to truly evaluating a salary offer or your current compensation at Magnetecs Corp.
Inglewood's Cost of Living Index is approximately 148.5 (48.5% more expensive than US average; 6.2% more than CA average). LA County city experiencing rising costs, especially housing, due to development (SoFi Stadium) and proximity to LA. When planning your budget based on a salary from Magnetecs Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,950 - $2,800+ A significant portion of Magnetecs Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Part of LA Metro system access Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,180+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnetecs Corp

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

The typical annual salary range for most roles at Magnetecs Corp is approximately from $94,852 to $121,598. 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 Magnetecs Corp pay compared to Testcomm LLC?

The average annual salary at Magnetecs Corp is $107,674, or an hourly wage of $52, in comparison to Testcomm LLC which pays $91,884 per year or $44 per hour.

3. Do salaries differ significantly between departments at Magnetecs Corp?

Yes, salaries often differ between departments at Magnetecs Corp 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 Magnetecs Corp?

Experience level is a significant factor in determining salary at Magnetecs Corp, 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 Magnetecs Corp in Inglewood is fair given the local cost of living?

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

6. Why might an individual's actual salary at Magnetecs Corp differ from the ranges shown here?

An individual's actual salary at Magnetecs Corp can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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