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Magneto Power Salary

Magneto Power Salary

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As of September 2026, the average annual salary for employees at Magneto Power in the United States is $93,993. This translates to an approximate hourly wage of $45. Salaries at Magneto Power typically range from $82,747 to $106,160 annually, reflecting the diverse roles and experience levels within the company.
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Is Magneto Power’s Pay Competitive? Salary Benchmarking Analysis

How does Magneto Power'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
Universal Power Products $91,799
-2.3%
Indicates identical technical requirements and experience levels between the two firms.
Alfa Eco Corp $100,733
+7.2%
Reflects a supply-demand imbalance for the specific talent Alfa Eco Corp targets.
Schmidt Arts & Enterprises Inc $94,278
+0.3%
Confirms Schmidt Arts & Enterprises Inc is a direct competitor vying for the exact same talent pool.
Rocket Power Inc $99,984
+6.4%
Reflects structural premiums typical of Rocket Power Inc's large-cap national operations.
MFG Durable Industry $121,746
+29.5%
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 Magneto Power's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magneto Power

Considering a career at Magneto Power? 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.
Management understands that happy employees produce quality work, and it shows in both our working conditions and the products we ship. There's a great spirit of cooperation, and achievements, both big and small, are recognized, which really boosts morale and makes it a fulfilling place to work. The workplace culture is professional but occasionally lacks innovation and feels hierarchical. Safety ...
Commented in April 21, 2025
50
3
It's a strong, dependable environment for anyone interested in stable, hands-on manufacturing work with growth opportunities. Comprehensive training programs and modern technology ensure efficient operations. Flexible work schedules and shift options allow employees to balance their personal and professional lives effectively.
Commented in March 15, 2025
28
1
Workinghas been an incredibly rewarding experience. I wouldn’t recommend it for ambitious professionals, but for someone looking for a reliable paycheck, it does the job. Most communication comes from supervisors. The environment is friendly and performance-driven, which keeps you engaged and motivated every day. The job becomes repetitive over time, but management stays out of the way if targets ...
Commented in September 12, 2024
40
0
This focus on excellence is instilled from the top down and makes the work feel meaningful and important to everyone involved. The manufacturing firm provides steady employment and standard benefits, but communication gaps and workload spikes occur. I'm proud to be part of this manufacturing team. Management genuinely cares about its employees, fostering a supportive and respectful environment. Cr...
Commented in May 21, 2024
14
0
I’ve developed valuable technical skills and confidence on the job. Processes are structured, which helps keep things on track. If not, you might grow restless. This company truly understands the needs of its manufacturing workforce.
Commented in February 13, 2024
22
2

Magneto Power Overview

Website
Data pending, update soon.
Founded In
2012
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
7573 E Princess Dr Scottsdale Arizona AZ 85255
Revenue
$10 Million - $50 Million
Phone Number
+1 4802102079
Social Media
About Magneto Power
Established in 2012. Our business specializes in Fire Security & Alarms, Telephone & Data Wiring (Low Voltage Wiring), Tenant Improvements, Remodels, Solar / Photovoltaic / PV Panels, Lighting Retrofits, Parking Lot & Outside Light Maintenance, LED lighting system, Custom installation, Finishing touches, Electrical wiring, Rewiring an apartment complex. Same day appointments are available! Call us

What Benefits Does Magneto Power Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magneto Power 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 Scottsdale?

Understanding the cost of living near Scottsdale is key to truly evaluating a salary offer or your current compensation at Magneto Power.
Scottsdale's Cost of Living Index is approximately 125.4 (25.4% more expensive than US average; 21.5% more than AZ average). Very affluent area, driven by extremely high housing costs, upscale amenities, and higher prices for goods/services. When planning your budget based on a salary from Magneto Power, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Magneto Power salary. Location choices impact this heavily.
Utilities (Basic) $200 - $350 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local, some Valley Metro Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,370 - $5,700+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magneto Power

1. What is the average salary for employees at Magneto Power?

The average annual total compensation for employees at Magneto Power is approximately $93,993. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,747 to $106,160, depending on factors like job role, experience, and location.

2. How much does Magneto Power pay compared to Universal Power Products?

The average annual salary at Magneto Power is $93,993, or an hourly wage of $45, in comparison to Universal Power Products which pays $91,799 per year or $44 per hour.

3. How does having a professional certification impact salary for relevant roles at Magneto Power?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Magneto Power for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Magneto Power offer cost-of-living adjustments (COLA) for employees in high-cost areas like Scottsdale?

While some companies offer formal COLA, many, including potentially Magneto Power, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Magneto Power?

Most companies, likely including Magneto Power, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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