Newlife Magnetics LLC Salary

As of August 2026, the average annual salary for employees at Newlife Magnetics LLC in the United States is $81,736. This translates to an approximate hourly wage of $39. Salaries at Newlife Magnetics LLC typically range from $71,998 to $92,235 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Newlife Magnetics LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Newlife Magnetics LLC. Based on our data, the highest paying job is the Office Manager, with an annual salary of $63,400. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Newlife Magnetics LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Newlife Magnetics LLC'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
Sunny Castors Inc $92,780
+13.5%
Supported by Sunny Castors Inc's high-margin contracts allowing higher overhead.
Laminated Plastics $95,153
+16.4%
Driven by niche technical certifications required for Laminated Plastics's specialized projects.
Coverwell $90,133
+10.3%
Adjusted for higher cost-of-living indices in Coverwell's primary metro hubs.
Fox Laminating Co $93,793
+14.7%
Influenced by prevailing union wage agreements specific to Fox Laminating Co's sector.
MFG Durable Industry $121,746
+48.9%
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 Newlife Magnetics LLC

Considering a career at Newlife Magnetics LLC? 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.
Career progression is possible but influenced by seniority. Our manufacturing processes are constantly reviewed and refined to keep us competitive and efficient. Supervisors know your name, and coworkers look out for each other. Management truly cares about employee safety and provides great training programs. Our facility runs smoothly with minimal downtime, and employee feedback is regularly con...
Production lines operate efficiently, safety is prioritized, and employees are treated with respect. It feels wonderful and deeply fulfilling to work for an organization that genuinely values giving back to society and making a positive, meaningful cultural impact beyond its core business operations. I enjoy the camaraderie on the production line. Training is hands-on, and expectations are clear. ...
My role has given me new skills and confidence in my abilities. Safety is emphasized, but innovation seems limited. There’s room to take initiative and suggest process improvements. Regular employee recognition programs contribute to a positive work atmosphere.

Newlife Magnetics LLC Overview

Website
www.newlifemagnetics.com
Founded In
1998
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3440 Northbend Cir Alcoa Tennessee TN 37701
Revenue
<$5 Million
Phone Number
+1 8652335395
Social Media
About Newlife Magnetics LLC
Newlife Magnet Electricity Co, Ltd is the world's largest manufacturer of flexible, bonded, and injection molded magnetic materials and finished products. Located in Tenessee.

What Benefits Does Newlife Magnetics LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Newlife Magnetics LLC 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 Knoxville?

Understanding the cost of living near Knoxville is key to truly evaluating a salary offer or your current compensation at Newlife Magnetics LLC.
Knoxville's Cost of Living Index is approximately 86.7 (13.3% less expensive than US average; 3.9% less than TN average). Eastern TN city (Univ. of TN), affordable. KATbus. When planning your budget based on a salary from Newlife Magnetics LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Newlife Magnetics LLC salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (KAT monthly pass, free for UT) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,205 - $3,485+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Newlife Magnetics LLC

1. How much does Newlife Magnetics LLC in the United States pay?

Newlife Magnetics LLC pays its employees an average of $81,736 per year. The average salary at Newlife Magnetics LLC range from $71,998 to $92,235 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 Newlife Magnetics LLC employees get a higher salary than its peer company?

The salary at Newlife Magnetics LLC is lesser than its peer company. The average annual salary at Newlife Magnetics LLC is $81,736, or an hourly wage of $39, in comparison to Sunny Castors Inc which pays $92,780 per year or $45 per hour.

3. How much does salary increase with years of experience at Newlife Magnetics LLC?

Salary progression with years of experience at Newlife Magnetics LLC 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 Newlife Magnetics LLC vary by office location?

Yes, it's very likely that salaries at Newlife Magnetics LLC 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 Knoxville section provides more context.

5. Does Newlife Magnetics LLC offer good benefits?

Newlife Magnetics LLC 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 Newlife Magnetics LLC" section on this page.