Mg Electric Salary

As of September 2026, the average annual salary for employees at Mg Electric in the United States is $112,336. This translates to an approximate hourly wage of $54. Salaries at Mg Electric typically range from $98,948 to $126,817 annually, reflecting the diverse roles and experience levels within the company.
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Is Mg Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Mg Electric'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
High Volt Electric $95,502
-15.0%
Typical compensation structure for smaller regional agencies like High Volt Electric.
Mdr Electrical Inc $102,432
-8.8%
Mdr Electrical Inc may offer non-monetary perks in lieu of competitive base salaries.
3-D Electric Inc $79,458
-29.3%
3-D Electric Inc operates with a leaner overhead structure, impacting base wage offers.
Rainbow Electric Inc $104,815
-6.7%
Normalized for lower cost-of-living zones where Rainbow Electric Inc primarily operates.
Construction Industry $119,814
+6.7%
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 Mg Electric

Considering a career at Mg Electric? 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.
You’ll stay busy most of the year, but depending on the project, work can feel repetitive. Career growth can depend on location or manager. I've been given fantastic opportunities for professional development and career advancement since joining this construction firm. The company is known for its reliability and consistency in delivering quality construction work, which provides a strong sense of...
Some foremen are excellent, others less so—your experience varies depending on your team. High performance is rewarded and appreciated. Job security is solid, and roles are clearly defined. The projects are challenging but rewarding, and there’s a strong sense of pride in the work we do. I look forward to many more years here.
Leadership’s focus on safety and quality is evident daily. Their commitment to ethical practices and community engagement sets a high standard. This transparency helps us understand the broader context of our work and fosters a sense of inclusion and shared purpose. Our collective commitment to excellence ensures we deliver buildings that are not only functional but also built to last, reflecting ...
The work environment encourages employees to think critically and solve complex problems. Positive energy on every job site. The positive and resilient attitude that permeates our construction teams, especially when facing challenging project phases or tight deadlines, is truly inspiring. The work environment is supportive, inclusive, and fosters creativity.
The work is steady but uninspiring at times. However, decision-making is centralized innovation. The commitment to employee development and training is outstanding; I’ve significantly advanced my skills here.

Mg Electric Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Construction
Headquarter Address
3565 Cuesta Dr San Jose California CA 95148
Revenue
<$5 Million
Phone Number
+1 4086036244
Social Media
About Mg Electric
Mg Electric is a company that operates in the Construction industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in San Jose, California.

What Benefits Does Mg Electric Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mg Electric 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 San Jose?

Understanding the cost of living near San Jose is key to truly evaluating a salary offer or your current compensation at Mg Electric.
San Jose's Cost of Living Index is approximately 214.5 (114.5% more expensive than US average; 53.4% more than CA average). Heart of Silicon Valley, astronomical housing costs, high transportation, and high prices for almost everything. When planning your budget based on a salary from Mg Electric, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Mg Electric salary. Location choices impact this heavily.
Utilities (Basic) $180 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (VTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,510 - $7,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mg Electric

1. How much does Mg Electric in the United States pay?

Mg Electric pays its employees an average of $112,336 per year. The average salary at Mg Electric range from $98,948 to $126,817 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 Mg Electric employees get a higher salary than its peer company?

The salary at Mg Electric is higher than its peer company. The average annual salary at Mg Electric is $112,336, or an hourly wage of $54, in comparison to High Volt Electric which pays $95,502 per year or $46 per hour.

3. How much does salary increase with years of experience at Mg Electric?

Salary progression with years of experience at Mg Electric 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.

4. Do salaries at Mg Electric vary by office location?

Yes, it's very likely that salaries at Mg Electric 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 San Jose section provides more context.

5. Does Mg Electric offer good benefits?

Mg Electric 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 Mg Electric" section on this page.