Magnico Contracting Salary

Magnico Contracting Salary

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As of July 2026, the average annual salary for employees at Magnico Contracting in the United States is $96,029. This translates to an approximate hourly wage of $46. Salaries at Magnico Contracting typically range from $84,598 to $108,367 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnico Contracting

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

Is Magnico Contracting’s Pay Competitive? Salary Benchmarking Analysis

How does Magnico Contracting'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
Hickory Hardscapes $80,112
-16.6%
Hickory Hardscapes may offer non-monetary perks in lieu of competitive base salaries.
JSR International LLC $84,996
-11.5%
JSR International LLC likely leverages performance bonuses over the high base salary shown here.
Steffens-Shultz Inc $86,420
-10.0%
Normalized for lower cost-of-living zones where Steffens-Shultz Inc primarily operates.
Outstanding Plumbing $96,504
+0.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Construction Industry $119,814
+24.8%
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.

How Magnico Contracting's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magnico Contracting

Considering a career at Magnico Contracting? 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.
I’ve been with this construction company for several years, and it’s been a fantastic journey. Projects are interesting but can be stressful. Working here feels like being part of a community that cares about excellence. Leadership is approachable and values employee contributions, fostering a culture of collaboration and respect. Training is available, and it is evenly applied.
Commented in February 17, 2025
47
2
Pay is competitive, and benefits are better than most in the industry. Strong focus on quality and timely delivery. The team is generally supportive and professional. Projects are diverse, so you’re always learning something new. Job security is strong, and pay is fair. A stable company with consistent work and strong project management. The projects we deliver have real impact, making this a rewa...
Commented in December 02, 2024
11
2
Great for people who enjoy practical work with clear results. You feel like you’re part of something bigger, especially on major projects. This peace of mind is a significant benefit in today's competitive industry. Career advancement is possible, but the path isn’t always transparent.
Commented in May 20, 2024
9
1

Magnico Contracting Overview

Website
www.magnicocontracting.com
Founded In
2011
Employees
<25 employees
Industry
Construction
Headquarter Address
276 S Hope Chapel Rd Jackson New Jersey NJ 08527
Revenue
<$5 Million
Phone Number
+1 7326669910
Social Media
About Magnico Contracting
Magnico Contracting provides a wide range of professional construction services for medical, retail, office, industrial, and multi-family housing. We self-perform all our work, giving you a seamless construction experience, with an expertise and professionalism that carries throughout the entire process. We are unique, in that aside from our general contracting services, we provide an additional r

What Benefits Does Magnico Contracting Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnico Contracting 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)
Work at Magnico Contracting?
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What Is the Cost of Living Near Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Magnico Contracting.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Magnico Contracting, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Magnico Contracting salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnico Contracting

1. What is the average salary for employees at Magnico Contracting?

The average annual total compensation for employees at Magnico Contracting is approximately $96,029. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,598 to $108,367, depending on factors like job role, experience, and location.

2. How much does Magnico Contracting pay compared to Hickory Hardscapes?

The average annual salary at Magnico Contracting is $96,029, or an hourly wage of $46, in comparison to Hickory Hardscapes which pays $80,112 per year or $39 per hour.

3. What is the lowest salary at Magnico Contracting?

The lowest-paying job at Magnico Contracting is an Estimator & Project Coordinator with a salary of $61,937 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Magnico Contracting?

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 Magnico Contracting for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Magnico Contracting offer cost-of-living adjustments (COLA) for employees in high-cost areas like Philadelphia?

While some companies offer formal COLA, many, including potentially Magnico Contracting, 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.

6. What's the typical process for salary reviews and raises at Magnico Contracting?

Most companies, likely including Magnico Contracting, 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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