Magnum Research Inc Salary

As of September 2026, the average annual salary for employees at Magnum Research Inc in the United States is $83,751. This translates to an approximate hourly wage of $40. Salaries at Magnum Research Inc typically range from $73,766 to $94,503 annually, reflecting the diverse roles and experience levels within the company.
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Is Magnum Research Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnum Research 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
Sar Usa $79,774
-4.7%
Typical compensation structure for smaller regional agencies like Sar Usa.
Battle Born Munitions Inc $88,962
+6.2%
Influenced by prevailing union wage agreements specific to Battle Born Munitions Inc's sector.
NessTech $95,354
+13.9%
Supported by NessTech's high-margin contracts allowing higher overhead.
Santa Fe Rubber Products Inc $100,385
+19.9%
Reflects a supply-demand imbalance for the specific talent Santa Fe Rubber Products Inc targets.
MFG Durable Industry $121,746
+45.4%
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.

Employee Reviews: Working at Magnum Research Inc

Considering a career at Magnum Research 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.
You can tell the company invests in both technology and people, which keeps work efficient and safe. Working at this manufacturing company has exceeded my expectations. I’ve developed valuable technical skills and confidence on the job. Workload fluctuations can lead to stressful periods, especially during production peaks. We are regularly updated on company news and our feedback is actively soug...
Opportunities for learning new things and taking on more responsibility are readily available, which is highly motivating and rewarding for dedicated individuals. Advancement is based on merit, not just tenure. From good benefits to recognizing hard work, you feel like a valued team member, not just a number. Modern equipment and technology improve daily work.
Safety is a priority. The company promotes a culture where employee safety and professional development are priorities. Feedback is occasional, and employee input is always acted on quickly. The range of production processes means constant opportunities to expand technical knowledge. The career growth opportunities are outstanding. Tools are provided, but upgrades are infrequent. Work-life balance...

Magnum Research Inc Overview

Website
www.magnumresearch.com
Founded In
1980
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
12602 33rd Ave SW Pillager Minnesota MN 56473
Revenue
$5 Million - $10 Million
Phone Number
+1 2187463459
Social Media
About Magnum Research Inc
Magnum Research Inc. (MRI) was an American privately held corporation based in Fridley, Minnesota which manufactured and distributed firearms. The majority owners, Jim Skildum (President and CEO) and John Risdall (Chairman, COO), had been with the company since its founding in 1979. In June 2010 Magnum Research, in financial difficulties, was sold to Kahr Arms, an American-based producer of compac

What Benefits Does Magnum Research Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnum Research 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Magnum Research Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Magnum Research Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Magnum Research Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnum Research Inc

1. What is the estimated average total compensation at Magnum Research Inc?

Salary.com estimates that the average total compensation package at Magnum Research Inc, which can include base salary, potential bonuses, and benefits, is around $83,751 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Magnum Research Inc pay compared to Sar Usa?

The average annual salary at Magnum Research Inc is $83,751, or an hourly wage of $40, in comparison to Sar Usa which pays $79,774 per year or $38 per hour.

3. Do salaries differ significantly between departments at Magnum Research Inc?

Yes, salaries often differ between departments at Magnum Research 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Magnum Research Inc?

Salary progression from an entry-level to a senior role at Magnum Research Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Magnum Research Inc in Minneapolis is fair given the local cost of living?

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

6. Are promotions at Magnum Research Inc usually accompanied by a significant salary increase?

Yes, promotions at Magnum Research Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.