Magtec Corp Salary

As of April 2026, the average annual salary for employees at Magtec Corp in the United States is $88,097. This translates to an approximate hourly wage of $42. Salaries at Magtec Corp typically range from $77,478 to $99,612 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magtec Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Magtec Corp. Based on our data, the highest paying job is the Financial Controller, with an annual salary of $204,119. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Magtec Corp

Ready for your next career move? Explore current job openings at Magtec Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Magtec Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Magtec Corp'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
Lincoln Drugs Inc $92,791
+5.3%
Adjusted for higher cost-of-living indices in Lincoln Drugs Inc's primary metro hubs.
Key Food Supermarkets Apopka $89,099
+1.1%
Confirms Key Food Supermarkets Apopka is a direct competitor vying for the exact same talent pool.
Mudra Enterprises $88,044
-0.1%
Indicates identical technical requirements and experience levels between the two firms.
Drugviu $97,136
+10.3%
Supported by Drugviu's high-margin contracts allowing higher overhead.
Retail & Wholesale Industry $123,318
+40.0%
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 Magtec Corp

Considering a career at Magtec Corp? 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 retail team works well under pressure, and managers are supportive. The company culture is welcoming, and employees are encouraged to share ideas. Managers recognize hard work, and there’s room for advancement. Company follows industry norms.
Joining this company was one of the best career decisions I’ve made. It’s a reliable place to work if you prefer a stable environment without major surprises. The workplace is steady, with a professional atmosphere. The hybrid work model (for corporate roles) is a great perk, allowing flexibility. The has a consistent routine. The company has a large workforce, so there’s a mix of different person...
Company values work-life balance. It’s a good fit for those who prefer stability in their retail career. Management is supportive, and work-life balance is respected. I’ve been able to grow professionally while feeling supported.

Magtec Corp Overview

Website
www.magteccorp.com
Founded In
2001
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
150 SE 2nd Ave Miami Florida FL 33131
Revenue
$5 Million - $10 Million
Phone Number
+1 3056624978
Social Media
About Magtec Corp
Magtec is committed to being a leader in global marketing and distribution. Magtec specializes in the paper and Petrochemical business with headquarters in Miami, Florida. Magtec's state of the art distribution centers and modern warehouses are located in Miami, New Jersey, Savannah, Houston, Los Angeles and Seattle. It also has 2 distributions centers in Ontario, CA and Breinigsville, PA for the

What Benefits Does Magtec Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magtec Corp 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 Miami?

Understanding the cost of living near Miami is key to truly evaluating a salary offer or your current compensation at Magtec Corp.
Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). Major international city, very high housing costs, vibrant culture, significant traffic. Metrorail/Metromover/Bus. When planning your budget based on a salary from Magtec Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Magtec Corp salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $112.50 (Miami-Dade EASY Ticket monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,262 - $5,332+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magtec Corp

1. What is the typical salary range (low to high) for most roles at Magtec Corp?

The typical annual salary range for most roles at Magtec Corp is approximately from $77,478 to $99,612. 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 Magtec Corp pay compared to Lincoln Drugs Inc?

The average annual salary at Magtec Corp is $88,097, or an hourly wage of $42, in comparison to Lincoln Drugs Inc which pays $92,791 per year or $45 per hour.

3. How does experience level affect salary at Magtec Corp?

Experience level is a significant factor in determining salary at Magtec Corp, 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 Magtec Corp in Miami is fair given the local cost of living?

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

5. Are the salaries listed for Magtec Corp on Salary.com pre-tax or after-tax?

All salary figures displayed for Magtec Corp, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.