Precision Magnetics Inc Salary

As of September 2026, the average annual salary for employees at Precision Magnetics Inc in the United States is $98,339. This translates to an approximate hourly wage of $47. Salaries at Precision Magnetics Inc typically range from $86,614 to $110,965 annually, reflecting the diverse roles and experience levels within the company.
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Is Precision Magnetics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Precision Magnetics Inc'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
The TEKMILL Inc $82,475
-16.1%
Normalized for lower cost-of-living zones where The TEKMILL Inc primarily operates.
PakSense Inc $83,909
-14.7%
Typical compensation structure for smaller regional agencies like PakSense Inc.
Aquamira Technologies Inc $80,597
-18.0%
Aquamira Technologies Inc focuses strategically on recruiting and training entry-level apprentices.
Keeley Electronics Inc $80,566
-18.1%
Keeley Electronics Inc likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $121,746
+23.8%
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 Precision Magnetics Inc

Considering a career at Precision Magnetics Inc? 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.
This makes you feel heard and valued. You feel included and updated on changes. Management follows protocol, but there’s limited innovation unless upper leadership initiates change. Competitive pay and benefits, plus solid work-life balance. Schedules sometimes change with short notice.
Benefits are robust, including health insurance, paid time off, and retirement plans. Training opportunities exist but can be inconsistent and generic. Career progression is possible but influenced by seniority. The sheer diversity of manufacturing processes and products at keeps every day interesting. The employee recognition programs make hard work feel valued. Most employees perform well, but t...
Career growth opportunities are abundant, with clear paths from production roles to management. Experienced supervisors guide production with precision. Management does its job, but employee input is rarely acted upon quickly. Facilities are clean, well-lit, and climate-controlled, creating a comfortable work environment.

Precision Magnetics Inc Overview

Website
www.precisionmag.com
Founded In
2001
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3965 E La Palma Ave Anaheim California CA 92807
Revenue
$5 Million - $10 Million
Phone Number
+1 7146832865
Social Media
About Precision Magnetics Inc
Precision Magnetics, Inc. (PMI) was established as a result of customers request for high quality magnetics materials and components. PMI focus is to design and / or build mission critical magnets and magnetic assemblies, primarily for the aerospace, military, energy, medical, R & D, semiconductor, and other industrial markets. We have strong capabilities in: Engineering - permanent magnet circuit

What Benefits Does Precision Magnetics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Precision Magnetics Inc 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 Anaheim?

Understanding the cost of living near Anaheim is key to truly evaluating a salary offer or your current compensation at Precision Magnetics Inc.
Anaheim's Cost of Living Index is approximately 153.6 (53.6% more expensive than US average; 9.9% more than CA average). Orange County city (Disneyland), high housing costs are a major driver. When planning your budget based on a salary from Precision Magnetics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,100 - $3,000+ A significant portion of Precision Magnetics Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $69 (OCTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,629 - $5,499+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Precision Magnetics Inc

1. How much does Precision Magnetics Inc in the United States pay?

Precision Magnetics Inc pays its employees an average of $98,339 per year. The average salary at Precision Magnetics Inc range from $86,614 to $110,965 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 Precision Magnetics Inc employees get a higher salary than its peer company?

The salary at Precision Magnetics Inc is higher than its peer company. The average annual salary at Precision Magnetics Inc is $98,339, or an hourly wage of $47, in comparison to The TEKMILL Inc which pays $82,475 per year or $40 per hour.

3. How much does salary increase with years of experience at Precision Magnetics Inc?

Salary progression with years of experience at Precision Magnetics Inc 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 Precision Magnetics Inc vary by office location?

Yes, it's very likely that salaries at Precision Magnetics Inc 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 Anaheim section provides more context.

5. Does Precision Magnetics Inc offer good benefits?

Precision Magnetics Inc 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 Precision Magnetics Inc" section on this page.