Magnetic Electric Co Salary

As of October 2026, the average annual salary for employees at Magnetic Electric Co in the United States is $64,150. This translates to an approximate hourly wage of $31. Salaries at Magnetic Electric Co typically range from $56,362 to $73,029 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnetic Electric Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnetic Electric Co. Based on our data, the highest paying job is the Comfort Advisor, with an annual salary of $102,081. The table below outlines the annual salary ranges for most popular roles within the company.

Business Development Representative

$88,392 / year

Salary Range: $78,558 - $100,049

Business Development

Comfort Advisor

$102,081 / year

Salary Range: $89,023 - $115,014

Production

Customer Resolution Representative

$89,284 / year

Salary Range: $78,772 - $100,942

Safety and Security

Customer Service / Dispatcher

$34,942 / year

Salary Range: $31,329 - $41,840

Retail

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Dispatcher

$50,054 / year

Salary Range: $43,733 - $58,018

Logistics

Turn Insight into Opportunity: Current Job Openings

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About Magnetic Electric Co: Company Profile

Website
www.magneticelectricca.com
Founded In
2004
Employees
<25 employees
Industry
Construction
Headquarter Location
CANDIA
Revenue
<$5 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnetic Electric Co's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The company fosters an inclusive environment where hard work and dedication are recognized, regardless of your role. Site supervisors are knowledgeable and supportive. Well-maintained equipment and tools are always provided.
Everyone, from laborers to management, treats each other well on every construction job. This level of autonomy is highly motivating and encourages me to consistently deliver my best work for the construction team. I feel consistently treated with fairness and respect by everyone here, from fellow crew members to senior leadership. Opportunities for advancement are real.
They have a consistent pipeline of interesting and diverse projects, ensuring steady employment and the opportunity to contribute to significant builds. I've gained invaluable experience working on a diverse portfolio of construction projects, from complex commercial builds to intricate historical restorations. This creates a positive and equitable work environment where you can truly thrive and f...

Is Magnetic Electric Co’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetic Electric Co'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
S & M ELECTRIC INC $65,757
+2.5%
Indicates identical technical requirements and experience levels between the two firms.
MADSEN ELECTRIC $62,579
-2.4%
Suggests MADSEN ELECTRIC utilizes a highly similar base-plus-benefits compensation model.
M. L. HINSON ELECTRICAL $59,477
-7.3%
M. L. HINSON ELECTRICAL focuses strategically on recruiting and training entry-level apprentices.
M&L POWER SYSTEMS MAINTENANCE, INC. $70,066
+9.2%
Reflects a supply-demand imbalance for the specific talent M&L POWER SYSTEMS MAINTENANCE, INC. targets.
Construction Industry $119,814
+86.8%
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 Concord?

Understanding the cost of living near Concord is key to truly evaluating a salary offer or your current compensation at Magnetic Electric Co.
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 Electric Co, 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 Electric Co 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.

Most Common Questions About Magnetic Electric Co

FAQ 1: How much does a Magnetic Electric Co employee make?
Magnetic Electric Co pays its employees an average of $64,150 per year. The average salary at Magnetic Electric Co range from $56,362 to $73,029 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.
FAQ 2: Which similar company tend to pay more or less than Magnetic Electric Co?
The salary at Magnetic Electric Co is lesser than the similar company. The average annual salary at Magnetic Electric Co is $64,150, or an hourly wage of $31, in comparison to S & M ELECTRIC INC which pays $65,756 per year or $32 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Magnetic Electric Co?
In many roles at Magnetic Electric Co, 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.
FAQ 4: How does the cost of living near Concord affect the perceived value of a Magnetic Electric Co 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 Electric Co based there. Our "Cost of Living Insights for Concord" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Magnetic Electric Co typically offer employees?
Magnetic Electric Co 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 Electric Co" section on this page.