Magnus Hi-Tech Salary

As of September 2026, the average annual salary for employees at Magnus Hi-Tech in the United States is $87,422. This translates to an approximate hourly wage of $42. Salaries at Magnus Hi-Tech typically range from $76,955 to $98,734 annually, reflecting the diverse roles and experience levels within the company.
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Is Magnus Hi-Tech’s Pay Competitive? Salary Benchmarking Analysis

How does Magnus Hi-Tech'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
GlenDee/MGI $103,887
+18.8%
Driven by niche technical certifications required for GlenDee/MGI's specialized projects.
Pohl Inc $88,793
+1.6%
Indicates identical technical requirements and experience levels between the two firms.
Sterling Custom Sheet Metal Inc $96,599
+10.5%
Influenced by prevailing union wage agreements specific to Sterling Custom Sheet Metal Inc's sector.
Alabama Metal Industries Corp $84,700
-3.1%
Alabama Metal Industries Corp may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $121,746
+39.3%
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 Magnus Hi-Tech

Considering a career at Magnus Hi-Tech? 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.
Safety protocols are prioritized and well enforced. The pace can be repetitive depending on your station. Flexible scheduling options contribute to a healthy work-life balance. Advancement is possible but requires persistence.
It’s a great place to grow in the manufacturing industry. The company’s onboarding is thorough, and team leaders are helpful and respectful. Colleagues are supportive, and management is always willing to listen to concerns and ideas. There’s a strong sense of teamwork, and management actively encourages open communication, which makes for a much better working day and a positive overall experience...
Training is available but varies widely between departments. Modern equipment and up-to-date technology create a productive and innovative work environment. Most communication comes from supervisors. It’s a fast-paced but supportive environment where you feel part of something that truly matters to the community.

Magnus Hi-Tech Overview

Website
www.magnushi-tech.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
1605 Lake St Melbourne Florida FL 32901
Revenue
$10 Million - $50 Million
Phone Number
+1 3217249731
Social Media
About Magnus Hi-Tech
Magnus Hi-Tech Industries Inc. has soared past the traditional Precision Sheetmetal and Machine Shop models in that we provide turn key solutions to our customers for all their fabrication needs. We have on site sheetmetal and laser fabrication as well as 3, 4, and 5 axis machining and turning. In addition we offer welding, painting, silkscreening, and mechanical and electrical assembly. From our

What Benefits Does Magnus Hi-Tech Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnus Hi-Tech 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Melbourne?

Understanding the cost of living near Melbourne is key to truly evaluating a salary offer or your current compensation at Magnus Hi-Tech.
Melbourne's Cost of Living Index is approximately 94.5 (5.5% less expensive than US average; 8.3% less than FL average). Space Coast city, tech and aerospace presence, affordable housing. Space Coast Area Transit. When planning your budget based on a salary from Magnus Hi-Tech, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,700+ A significant portion of Magnus Hi-Tech salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (SCAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,430 - $3,840+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnus Hi-Tech

1. What is the typical salary range (low to high) for most roles at Magnus Hi-Tech?

The typical annual salary range for most roles at Magnus Hi-Tech is approximately from $76,955 to $98,734. 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.

2. How much does Magnus Hi-Tech pay compared to GlenDee/MGI?

The average annual salary at Magnus Hi-Tech is $87,422, or an hourly wage of $42, in comparison to GlenDee/MGI which pays $103,887 per year or $50 per hour.

3. How does experience level affect salary at Magnus Hi-Tech?

Experience level is a significant factor in determining salary at Magnus Hi-Tech, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Magnus Hi-Tech in Melbourne is fair given the local cost of living?

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

5. Why might an individual's actual salary at Magnus Hi-Tech differ from the ranges shown here?

An individual's actual salary at Magnus Hi-Tech can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.