| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Amer Electric Motion | $93,223 |
+11.9%
|
Supported by Amer Electric Motion's high-margin contracts allowing higher overhead. |
| S&H Remodeling Inc | $88,150 |
+5.8%
|
Data suggests S&H Remodeling Inc's workforce skews heavily towards veteran, high-tenure roles. |
| Translucent Publishing Corp | $90,808 |
+9.0%
|
Reflects a supply-demand imbalance for the specific talent Translucent Publishing Corp targets. |
| Phoenix Commercial Construction | $81,589 |
-2.1%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Construction Industry | $119,814 |
+43.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$93,223 / year
Salary Range: $82,133 - $105,197
Burnsville, MN
$88,150 / year
Salary Range: $77,661 - $99,478
Algonquin, IL
$90,808 / year
Salary Range: $80,007 - $102,478
Chicago, IL
$81,589 / year
Salary Range: $71,879 - $92,076
Meridian, ID
$92,981 / year
Salary Range: $81,913 - $104,929
Ontario, CA
$89,542 / year
Salary Range: $78,889 - $101,051
Houston, TX
$110,364 / year
Salary Range: $97,234 - $124,549
San Jose, CA
$77,697 / year
Salary Range: $68,452 - $87,686
Ocean Isle, NC
$82,960 / year
Salary Range: $73,088 - $93,613
Spokane, WA
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) | $1,300 - $1,900+ | A significant portion of Magnus Electric LC salary. Location choices impact this heavily. |
| Utilities (Basic) | $100 - $180 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $85 (UTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $410 - $600 | 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) | $2,675 - $4,135+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Magnus Electric LC pays its employees an average of $83,340 per year. The average salary at Magnus Electric LC range from $73,418 to $94,052 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 Magnus Electric LC is lesser than its peer company. The average annual salary at Magnus Electric LC is $83,340, or an hourly wage of $40, in comparison to Amer Electric Motion which pays $93,223 per year or $45 per hour.
Salary progression with years of experience at Magnus Electric LC is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
Yes, it's very likely that salaries at Magnus Electric LC vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Salt Lake City section provides more context.
Magnus Electric LC typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Magnus Electric LC" section on this page.
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