| 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. |
$112,136 / year
Salary Range: $98,783 - $126,561
New York City, NY
$108,317 / year
Salary Range: $95,438 - $122,195
Oakland, CA
$83,888 / year
Salary Range: $73,913 - $94,637
Palm Coast, FL
$89,774 / year
Salary Range: $79,109 - $101,283
Austin, TX
$87,517 / year
Salary Range: $77,120 - $98,734
Carbondale, IL
$89,858 / year
Salary Range: $79,173 - $101,368
Plano, TX
$89,510 / year
Salary Range: $78,871 - $100,978
Raleigh, NC
$111,397 / year
Salary Range: $98,132 - $125,719
New York, NY
$114,794 / year
Salary Range: $101,129 - $129,548
New York, NY
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) | $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. |
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.
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.
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.
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.
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.
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