Magnetic North Salary

Magnetic North Salary

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As of July 2026, the average annual salary for employees at Magnetic North in the United States is $94,890. This translates to an approximate hourly wage of $46. Salaries at Magnetic North typically range from $83,452 to $107,306 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnetic North

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

Is Magnetic North’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetic North'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
Excedr Inc $113,634
+19.8%
Reflects a supply-demand imbalance for the specific talent Excedr Inc targets.
Safety Wearhouse $92,200
-2.8%
Confirms Safety Wearhouse is a direct competitor vying for the exact same talent pool.
FA Management Enterprises Inc $84,859
-10.6%
Typical compensation structure for smaller regional agencies like FA Management Enterprises Inc.
Schmick $83,930
-11.5%
Schmick may offer non-monetary perks in lieu of competitive base salaries.
Retail & Wholesale Industry $123,318
+30.0%
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.

How Magnetic North's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magnetic North

Considering a career at Magnetic North? 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 team is professional, and communication is clear. The leadership team is transparent about company goals, and employees are recognized for their contributions. The Retail & Wholesale industry can be fast-paced, but the workload is manageable, and the leadership ensures employees have the resources they need. Decent pay and quarterly incentives. It’s a great place to build a career in retail.
Commented in February 06, 2025
8
3
The work environment is professional, and expectations are clear. I’m happy with my decision to work here. Bonuses and incentives keep motivation high. The benefits package is robust, including retirement plans and health coverage. Highly recommend joining this organization. The leadership team is approachable and open to feedback. The company offers good incentives and work-life balance. Leadersh...
Commented in January 19, 2025
29
3
The management team is hands-on and values employee input. Career growth is possible but requires proactive effort. I’ve enjoyed my time here—the company values employee input, and there’s a strong sense of teamwork.
Commented in January 09, 2024
15
3

Magnetic North Overview

Website
www.shopmagneticnorth.com
Founded In
2017
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
18 Beach St Vineyard Haven Massachusetts MA 02568
Revenue
<$5 Million
Phone Number
+1 5086879972
Social Media
About Magnetic North
Established in 2017, Magnetic North combines cosmopolitan and New England style, and offers a curated selection of women's and men's clothing, jewelry, accessories, gifts, home and decorative items, and art. Among other things, we feature emerging and socially conscious brands and support local artisans, businesses and charities. Like its namesake, Magnetic North will help you navigate, explore an

What Benefits Does Magnetic North Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnetic North 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Magnetic North.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Magnetic North, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Magnetic North salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnetic North

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

The typical annual salary range for most roles at Magnetic North is approximately from $83,452 to $107,306. 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 North pay compared to Excedr Inc?

The average annual salary at Magnetic North is $94,890, or an hourly wage of $46, in comparison to Excedr Inc which pays $113,634 per year or $55 per hour.

3. Do salaries differ significantly between departments at Magnetic North?

Yes, salaries often differ between departments at Magnetic North 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 North?

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

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

6. What factors influence salary increases at Magnetic North?

Salary increases at Magnetic North are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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