Magnetic Instrumentation Inc Salary

Magnetic Instrumentation Inc Salary

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As of August 2026, the average annual salary for employees at Magnetic Instrumentation Inc in the United States is $89,342. This translates to an approximate hourly wage of $43. Salaries at Magnetic Instrumentation Inc typically range from $78,669 to $100,844 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnetic Instrumentation Inc

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

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

How does Magnetic Instrumentation 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
SanSpot $100,849
+12.9%
Reflects structural premiums typical of SanSpot's large-cap national operations.
SteamChain Inc $89,563
+0.2%
Suggests SteamChain Inc utilizes a highly similar base-plus-benefits compensation model.
Vi Industry LLC $102,010
+14.2%
Influenced by prevailing union wage agreements specific to Vi Industry LLC's sector.
Praesidus $108,528
+21.5%
Adjusted for higher cost-of-living indices in Praesidus's primary metro hubs.
MFG Durable Industry $121,746
+36.3%
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 Instrumentation 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 Instrumentation Inc. Click a company name to learn more.

Employee Reviews: Working at Magnetic Instrumentation Inc

Considering a career at Magnetic Instrumentation 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.
The work atmosphere is positive and collaborative, and management truly listens to suggestions for improvement. From the first day, I felt welcomed and well-trained. Everyone understands the importance of quality and takes their responsibilities seriously. Pay is fair, and benefits are solid.
Commented in April 01, 2025
18
3
I genuinely look forward to coming to work each day. I’m consistently impressed by the company's commitment to its employees' professional journey. Communication is mostly top-down with limited employee feedback channels. Career progression exists but is influenced by seniority. They invest in workforce development through training and mentorship. I appreciate the company’s dedication to maintaini...
Commented in March 01, 2025
17
3
Workloads fluctuate, leading to periods of high stress. Shift schedules vary and sometimes cause fatigue. Work can be repetitive, with occasional high-pressure periods during peak production. Beyond that, the company fosters a really inclusive atmosphere where everyone's contribution is valued. The use of advanced technology enhances efficiency and job satisfaction.
Commented in January 26, 2024
18
2

Magnetic Instrumentation Inc Overview

Website
www.maginst.com
Founded In
1979
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
8431 Castlewood Dr Indianapolis Indiana IN 46250
Revenue
$5 Million - $10 Million
Phone Number
+1 3178427500
Social Media
About Magnetic Instrumentation Inc
Magnetic Instrumentation Inc. offers a full range of instruments from Serial Port Gaussmeters, Hand-Held Battery Operated, Bench-Top/Laboratory and Circuit Board (Plug-in Module) Gaussmeters and Fluxmeters and Computer Controlled Hysteresisgraph Systems for determination and plotting Magnetic Characteristics of both hard and soft magnetic Materials. Our Gaussmeters and Fluxmeters are designed with

What Benefits Does Magnetic Instrumentation Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnetic Instrumentation 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Magnetic Instrumentation Inc.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Magnetic Instrumentation Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Magnetic Instrumentation Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnetic Instrumentation Inc

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

The typical annual salary range for most roles at Magnetic Instrumentation Inc is approximately from $78,669 to $100,844. 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 Instrumentation Inc pay compared to SanSpot?

The average annual salary at Magnetic Instrumentation Inc is $89,342, or an hourly wage of $43, in comparison to SanSpot which pays $100,849 per year or $48 per hour.

3. Do salaries differ significantly between departments at Magnetic Instrumentation Inc?

Yes, salaries often differ between departments at Magnetic Instrumentation Inc 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 Instrumentation Inc?

Experience level is a significant factor in determining salary at Magnetic Instrumentation Inc, 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 Instrumentation Inc in Indianapolis is fair given the local cost of living?

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

6. Why might an individual's actual salary at Magnetic Instrumentation Inc differ from the ranges shown here?

An individual's actual salary at Magnetic Instrumentation Inc 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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