Magnys Salary

As of September 2026, the average annual salary for employees at Magnys in the United States is $89,225. This translates to an approximate hourly wage of $43. Salaries at Magnys typically range from $78,422 to $100,941 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnys Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnys. Based on our data, the highest paying job is the President, with an annual salary of $690,684. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Magnys’s Pay Competitive? Salary Benchmarking Analysis

How does Magnys'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
DDJ Myers Ltd $87,601
-1.8%
Suggests DDJ Myers Ltd utilizes a highly similar base-plus-benefits compensation model.
O'Brien Riley and Ryan PC $95,175
+6.7%
Reflects structural premiums typical of O'Brien Riley and Ryan PC's large-cap national operations.
open solutions for education Inc $87,369
-2.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Assurance Emergency Lighting $82,939
-7.0%
Assurance Emergency Lighting operates with a leaner overhead structure, impacting base wage offers.
Business Services Industry $120,931
+35.5%
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 Magnys

Considering a career at Magnys? 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.
The company operates efficiently and has clear systems in place, which helps maintain order. The compensation package is very competitive and is regularly reviewed to ensure it stays that way. The company offers a collaborative environment. The benefits are excellent, and the wellness initiatives show they care about employees' well-being.
Fast-paced yet balanced, with great leadership. Knowing we're making a real impact for our clients makes the hard work worthwhile every day. Highly professional. It’s a great perk that encourages us to prioritize our physical and mental health. The sense of community here is outstanding. One of the best aspects is the direct access to senior leadership and their willingness to mentor junior staff.
Ideas are judged on merit, and there's a conscious effort to ensure all voices are heard. Employee recognition and strong culture. Still, the team is respectful, and the expectations are clearly communicated.

Magnys Overview

Website
www.magnys.com
Founded In
1999
Employees
<25 employees
Industry
Business Services
Headquarter Address
1526 John a Papalas Dr Lincoln Park Michigan MI 48146
Revenue
<$5 Million
Phone Number
+1 2484492600
Social Media
About Magnys
Magnys is a full-service manufacturing engineering firm providing an unmatched combination of engineering expertise, project management experience and software innovation. Working from our offices in Novi & Troy, Michigan, and Mumbai, India , our professionals help companies in a wide range of markets and industries improve manufacturing efficiency and increase profitability. To learn more about M

What Benefits Does Magnys Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnys 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Magnys.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Magnys, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Magnys salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnys

1. How much does Magnys in the United States pay?

Magnys pays its employees an average of $89,225 per year. The average salary at Magnys range from $78,422 to $100,941 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.

2. Do Magnys employees get a higher salary than its peer company?

The salary at Magnys is higher than its peer company. The average annual salary at Magnys is $89,225, or an hourly wage of $43, in comparison to DDJ Myers Ltd which pays $87,601 per year or $42 per hour.

3. What are the highest paying jobs at Magnys?

The higher-paying job at Magnys, according to our data, include President (avg. $690,684 per year), Senior Project Engineer (avg. $97,217 per year), and Project Engineer (avg. $79,907 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Magnys?

Salary progression with years of experience at Magnys 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.

5. Do salaries at Magnys vary by office location?

Yes, it's very likely that salaries at Magnys 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 Detroit section provides more context.

6. Does Magnys offer good benefits?

Magnys 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 Magnys" section on this page.