Magnusonic Devices Inc Salary

As of August 2026, the average annual salary for employees at Magnusonic Devices Inc in the United States is $104,119. This translates to an approximate hourly wage of $50. Salaries at Magnusonic Devices Inc typically range from $91,718 to $117,500 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnusonic Devices Inc

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Is Magnusonic Devices Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnusonic Devices 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
SECURON DEVICES Inc $112,136
+7.7%
Adjusted for higher cost-of-living indices in SECURON DEVICES Inc's primary metro hubs.
HDIP Inc $108,317
+4.0%
Supported by HDIP Inc's high-margin contracts allowing higher overhead.
Protogroup Inc $83,888
-19.4%
Typical compensation structure for smaller regional agencies like Protogroup Inc.
MP Cloud Technologies Inc $89,774
-13.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Software & Networking Industry $126,859
+21.8%
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.

Employee Reviews: Working at Magnusonic Devices Inc

Considering a career at Magnusonic Devices 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.
Management listens to employee feedback and implements positive changes. Benefits like health insurance and bonuses make it a great place to build a career. Career advancement is possible through clear promotion paths and skill-building programs. There are clear career progression paths, and management is supportive of professional development. The job is steady with a good work-life balance. A gr...
The company invests in employee development. The company values employee input, and the retail team is motivated. Supportive management and good work-life balance. Decent workplace. The work environment is structured, and processes are clearly defined, which helps in daily operations.
Great teamwork and a positive work environment. Overall, it’s a rewarding place to build a career. I joined this company a year ago, and it’s been a positive experience. Training is sufficient for the role, though additional skill-building opportunities would be a plus.

Magnusonic Devices Inc Overview

Website
Data pending, update soon.
Founded In
1970
Employees
25 - 50 employees
Industry
Software & Networking
Headquarter Address
124 Duffy Ave Hicksville New York NY 11801
Revenue
<$5 Million
Phone Number
-
Social Media
About Magnusonic Devices Inc
Magnusonic Devices Inc is a company that operates in the Computer Hardware industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Hicksville, New York.

What Benefits Does Magnusonic Devices Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnusonic Devices 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Magnusonic Devices Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Magnusonic Devices Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Magnusonic Devices Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnusonic Devices Inc

1. What is the estimated average total compensation at Magnusonic Devices Inc?

Salary.com estimates that the average total compensation package at Magnusonic Devices Inc, which can include base salary, potential bonuses, and benefits, is around $104,119 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Magnusonic Devices Inc pay compared to SECURON DEVICES Inc?

The average annual salary at Magnusonic Devices Inc is $104,119, or an hourly wage of $50, in comparison to SECURON DEVICES Inc which pays $112,136 per year or $54 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Magnusonic Devices Inc?

Salary progression from an entry-level to a senior role at Magnusonic Devices 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.

4. How can I determine if a salary offer from Magnusonic Devices Inc in New York is fair given the local cost of living?

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

5. Are promotions at Magnusonic Devices Inc usually accompanied by a significant salary increase?

Yes, promotions at Magnusonic Devices 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.