Magnetic Circuit Elements Salary

As of July 2026, the average annual salary for employees at Magnetic Circuit Elements in the United States is $97,379. This translates to an approximate hourly wage of $47. Salaries at Magnetic Circuit Elements typically range from $85,771 to $109,879 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnetic Circuit Elements Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnetic Circuit Elements. Based on our data, the highest paying job is the Controller, with an annual salary of $225,625. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Magnetic Circuit Elements

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

Is Magnetic Circuit Elements’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetic Circuit Elements'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
Pacific Resistor $99,847
+2.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
SorA Power Inc $93,613
-3.9%
SorA Power Inc operates with a leaner overhead structure, impacting base wage offers.
Power Mate Technology Inc $111,809
+14.8%
Adjusted for higher cost-of-living indices in Power Mate Technology Inc's primary metro hubs.
Certified Sheet Metal $84,932
-12.8%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+25.0%
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 Magnetic Circuit Elements

Considering a career at Magnetic Circuit Elements? 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.
I've been with this manufacturer for years, and the stability is fantastic. The regular performance reviews also provide a clear path for understanding expectations and potential wage increases, which is motivating. I also appreciate the break schedules and amenities—small things that show the company cares. Strong teamwork fosters efficient and high-quality production. The company invests heavily...
What stands out is the culture of mutual respect across all levels and departments. Expectations are clear, and there’s an emphasis on doing things right the first time. Knowing the long-term goals and how our work contributes to them is very motivating. The break areas and cafeteria are clean and comfortable, showing respect for employees' downtime. Safe environment, realistic deadlines, and plen...
Comprehensive training programs and modern technology ensure efficient operations. What makes this company stand out is the mutual respect between employees and management. The use of advanced technology enhances efficiency and job satisfaction. This ethical approach resonates with many employees and adds to our pride in the organization. Communication between shifts could be improved.

Magnetic Circuit Elements Overview

Website
www.mcemagnetics.com
Founded In
1957
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1540 Moffett St Salinas California CA 93905
Revenue
<$5 Million
Phone Number
+1 8317578752
Social Media
About Magnetic Circuit Elements
Magnetic Circuit Elements (MCE) designs and manufactures miniature transformers, inductors and sine wave inverters; this includes an extensive line of standard parts, modified standards and custom parts. Call us at 831-757-8752 and allow our engineers to help you select the optimum transformer or inductor.

What Benefits Does Magnetic Circuit Elements Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnetic Circuit Elements 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 Salinas?

Understanding the cost of living near Salinas is key to truly evaluating a salary offer or your current compensation at Magnetic Circuit Elements.
Salinas' Cost of Living Index is approximately 130.5 (30.5% more expensive than US average; 6.7% less than CA average). Monterey County, 'Salad Bowl of the World', housing costs high due to coastal proximity and ag land value. When planning your budget based on a salary from Magnetic Circuit Elements, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,600+ A significant portion of Magnetic Circuit Elements salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 (PG&E) Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MST monthly pass) 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 $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,250 - $4,960+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnetic Circuit Elements

1. What is the typical salary range (low to high) for most roles at Magnetic Circuit Elements?

The typical annual salary range for most roles at Magnetic Circuit Elements is approximately from $85,771 to $109,879. 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 Magnetic Circuit Elements pay compared to Pacific Resistor?

The average annual salary at Magnetic Circuit Elements is $97,379, or an hourly wage of $47, in comparison to Pacific Resistor which pays $99,847 per year or $48 per hour.

3. Do salaries differ significantly between departments at Magnetic Circuit Elements?

Yes, salaries often differ between departments at Magnetic Circuit Elements 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 Magnetic Circuit Elements?

Experience level is a significant factor in determining salary at Magnetic Circuit Elements, 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 Magnetic Circuit Elements in Salinas is fair given the local cost of living?

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

6. Are the salaries listed for Magnetic Circuit Elements on Salary.com pre-tax or after-tax?

All salary figures displayed for Magnetic Circuit Elements, 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.