| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Iai Resources Inc | $102,326 |
-3.1%
|
Iai Resources Inc may offer non-monetary perks in lieu of competitive base salaries. |
| Brady Resources Inc | $97,485 |
-7.7%
|
Normalized for lower cost-of-living zones where Brady Resources Inc primarily operates. |
| Wrightstone Exploration Company Inc | $100,913 |
-4.4%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Bay Star Coal Company Inc | $94,362 |
-10.6%
|
Bay Star Coal Company Inc likely leverages performance bonuses over the high base salary shown here. |
| Energy & Utilities Industry | $130,148 |
+23.3%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$102,326 / year
Salary Range: $90,078 - $115,525
Dallas, TX
$97,485 / year
Salary Range: $85,835 - $110,050
Bloomington, IL
$100,913 / year
Salary Range: $88,859 - $113,915
Mcmurray, PA
$94,362 / year
Salary Range: $83,067 - $106,526
Bluefield, VA
$102,959 / year
Salary Range: $90,636 - $116,232
Syracuse, NY
$117,505 / year
Salary Range: $103,438 - $132,657
Washington, DC
$102,463 / year
Salary Range: $90,197 - $115,671
Cleveland, OH
$106,166 / year
Salary Range: $93,459 - $119,854
Detroit, MI
$102,168 / year
Salary Range: $89,931 - $115,342
Cincinnati, OH
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,200 - $1,800+ | A significant portion of Magnitude salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 (High AC use) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (METRO Q Card monthly) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $590 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,570 - $4,090+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Magnitude pays its employees an average of $105,575 per year. The average salary at Magnitude range from $92,937 to $119,183 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.
The salary at Magnitude is higher than the similar company. The average annual salary at Magnitude is $105,575, or an hourly wage of $51, in comparison to Iai Resources Inc which pays $102,326 per year or $49 per hour.
In many roles at Magnitude, 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.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). This significantly impacts the purchasing power of a salary from Magnitude based there. Our "Cost of Living Insights for Houston" module details this impact, helping you assess the 'real feel' value of your compensation.
Magnitude 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 Magnitude" section on this page.
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