Magtek Salary

Magtek Salary

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As of April 2026, the average annual salary for employees at Magtek in the United States is $89,809. This translates to an approximate hourly wage of $43. Salaries at Magtek typically range from $78,977 to $101,915 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magtek Pay for Different Roles?

Explore detailed salary information for specific jobs at Magtek. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Magtek.
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About Magtek: Company Profile

Website
www.magtek.com
Founded In
1972
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Location
SEAL BEACH
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magtek's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Teams work collaboratively, fostering a supportive and inclusive culture. The onboarding process was organized and helpful. across various functions – from engineering and production to logistics and quality control – there are numerous pathways for advancement. Compensation and benefits are competitive, including profit sharing and excellent healthcare.
Commented in March 14, 2025
31
2
Clear chain of command. Production schedules are realistic, and the team works together with purpose. Whether you're new or learning a new process, they ensure you have the knowledge and skills to succeed. There's not a lot of engagement beyond daily tasks, and opportunities for feedback are rare. Everyone understands their role and works toward common goals effectively and professionally. Communi...
Commented in August 29, 2024
29
2
Advancement is possible. They don't cut corners on necessary equipment or technology. Efficient workflows improved by skilled, dedicated staff. The culture emphasizes problem-solving and accountability, and recognition is regularly given for performance.
Commented in January 23, 2024
15
3

How Magtek's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Magtek’s pay competitiveness. Click on a company for a deeper dive.

Is Magtek’s Pay Competitive? Salary Benchmarking Analysis

How does Magtek'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
MICROCOMCORP $79,019
-12.0%
Normalized for lower cost-of-living zones where MICROCOMCORP primarily operates.
WORLDWIDE ELECTRIC $78,315
-12.8%
WORLDWIDE ELECTRIC likely leverages performance bonuses over the high base salary shown here.
ORBAN $84,687
-5.7%
ORBAN focuses strategically on recruiting and training entry-level apprentices.
CSPI $87,868
-2.2%
Confirms CSPI is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $121,746
+35.6%
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.

What Is the Cost of Living Near Long Beach?

Understanding the cost of living near Long Beach is key to truly evaluating a salary offer or your current compensation at Magtek.
Long Beach's Cost of Living Index is approximately 136.7 (36.7% more expensive than US average; 2.2% less than CA average). Coastal city near LA, high housing costs are the main driver, though generally less than LA proper. When planning your budget based on a salary from Magtek, 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 Magtek salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (LB Transit monthly pass, varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,212 - $5,142+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magtek

FAQ 1: What is the estimated average total compensation at Magtek?
Salary.com estimates that the average total compensation package at Magtek, which can include base salary, potential bonuses, and benefits, is around $89,809 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Magtek pay compared to MICROCOMCORP?
The average annual salary at Magtek is $89,809, or an hourly wage of $43, in comparison to MICROCOMCORP which pays $79,019 per year or $38 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Magtek?
Salary progression from an entry-level to a senior role at Magtek 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.
FAQ 4: How can I determine if a salary offer from Magtek in Long Beach is fair given the local cost of living?
To determine if a salary offer from Magtek in Long Beach is fair, first compare the gross salary to our data for similar roles at Magtek and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Long Beach" to understand its purchasing power.
FAQ 5: Are promotions at Magtek usually accompanied by a significant salary increase?
Yes, promotions at Magtek 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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