Magnetic Connections Inc Salary

Magnetic Connections Inc Salary

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As of August 2026, the average annual salary for employees at Magnetic Connections Inc in the United States is $94,985. This translates to an approximate hourly wage of $46. Salaries at Magnetic Connections Inc typically range from $83,626 to $107,258 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnetic Connections Inc

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

Is Magnetic Connections Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetic Connections 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
Multi Signal Layer Inc $99,942
+5.2%
Data suggests Multi Signal Layer Inc's workforce skews heavily towards veteran, high-tenure roles.
Eutech Cybernetics Inc $101,071
+6.4%
Influenced by prevailing union wage agreements specific to Eutech Cybernetics Inc's sector.
Ag Power Industries Inc $104,889
+10.4%
Driven by niche technical certifications required for Ag Power Industries Inc's specialized projects.
IronKey $119,024
+25.3%
Reflects structural premiums typical of IronKey's large-cap national operations.
MFG Durable Industry $121,746
+28.2%
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 Magnetic Connections Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magnetic Connections Inc

Considering a career at Magnetic Connections 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.
Advancement opportunities exist. Training is offered but varies depending on department. I wouldn’t recommend it for ambitious professionals, but for someone looking for a reliable paycheck, it does the job. Management leads by example, showing respect and appreciation for everyone's hard work.
Commented in May 25, 2025
43
1
What stands out is the structured training process and continued mentorship. It’s a dynamic and rewarding place to work. The organization values innovation and continuous process improvement, encouraging employees to contribute ideas. Management is fair and consistent in their decisions. It’s a fine place for anyone seeking long-term, routine employment. Management is approachable, and coworkers a...
Commented in February 12, 2025
37
1
The company uses modern machinery and technology, improving productivity and job satisfaction. Safety protocols are strictly enforced, ensuring a secure workplace. The manufacturing environment is fast-paced but supportive. Management maintains an open-door policy and genuinely values production workers' expertise.
Commented in January 15, 2025
34
2
Performance expectations are fair, but the work can feel repetitive and lacks creative opportunities. This variety ensures that every one can find a niche and develop specialized skills. This organization offers a stable work environment with a strong emphasis on safety and quality control. In an ever-changing industry, they've consistently shown strength and a forward-thinking approach.
Commented in March 14, 2024
12
3

Magnetic Connections Inc Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
20 Rockys Point Rd Plymouth New Hampshire NH 03264
Revenue
<$5 Million
Phone Number
-
Social Media
About Magnetic Connections Inc
Magnetic Connections Inc is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Plymouth, New Hampshire.

What Benefits Does Magnetic Connections Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnetic Connections 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 Concord?

Understanding the cost of living near Concord is key to truly evaluating a salary offer or your current compensation at Magnetic Connections Inc.
Concord's Cost of Living Index is approximately 102.5 (2.5% more expensive than US average; 2.9% less than NH average). State capital, housing near US average. CAT. When planning your budget based on a salary from Magnetic Connections Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,800+ A significant portion of Magnetic Connections Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (CAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,640 - $4,030+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnetic Connections Inc

1. How much does a Magnetic Connections Inc employee make?

Magnetic Connections Inc pays its employees an average of $94,985 per year. The average salary at Magnetic Connections Inc range from $83,626 to $107,258 per year. 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. Which similar company tend to pay more or less than Magnetic Connections Inc?

The salary at Magnetic Connections Inc is lesser than the similar company. The average annual salary at Magnetic Connections Inc is $94,985, or an hourly wage of $46, in comparison to Multi Signal Layer Inc which pays $99,942 per year or $48 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Magnetic Connections Inc?

In many roles at Magnetic Connections Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Concord affect the perceived value of a Magnetic Connections Inc salary?

Concord's Cost of Living Index is approximately 102.5 (2.5% more expensive than US average; 2.9% less than NH average). This significantly impacts the purchasing power of a salary from Magnetic Connections Inc based there. Our "Cost of Living Insights for Concord" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Magnetic Connections Inc typically offer employees?

Magnetic Connections Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Magnetic Connections Inc" section on this page.

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