Prem Magnetics Inc Salary

How Much Does Prem Magnetics Inc Pay?BETA

The estimated salary range of the MFG Durable industry where Prem Magnetics Inc is located is between $77,551 and $99,344, and its average salary is about $88,044. The company's revenue is about $5M - $10M, and its salary level is estimated to be slightly lower than that of the same industry. In the long run, there is more room for growth, and more easily to joining this company. However, the potential for growth is huge. Individual salaries vary by job title, department, and location, as well as by the employee's level of education, certifications, and other skills. For example, an Engineering Laboratory Technician at Prem Magnetics Inc is paid between $42,213 and $55,894 per year. Executives or management will also be paid more. There is also a huge difference in salary for each position. Get Pay Right and Achieve Pay Equity are critical to finding and retaining the right talent.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Prem Magnetics Inc Overview

Website:
premmagnetics.com
Size:
<25 Employees
Industry:
MFG Durable
Revenue:
$5M - $10M
About:
At Prem Magnetics, we manufacture only the highest quality standard and custom transformers and inductors, just as we have done for over 35 years. We 100% Test each part we manufacture, which means we guarantee you will receive Zero Defects. If you have any questions or comments regarding our qualit...

View salary at Prem Magnetics Inc by Job Title BETA

The average salary of Prem Magnetics Inc jobs will vary depending on the location, industry, category, and department. The table below shows the job titles you might be interested in and the salary range of different positions at Prem Magnetics Inc. A difference in pay for the same job title may be based on a number of factors, such as experience, training, level of education, skills and competencies, and so on. President jobs at Prem Magnetics Inc earn the most with an average annual salary of $681,539, while Engineering Laboratory Technician jobs earn the least with an average annual salary of $48,358.

The estimate average salary for Prem Magnetics Inc employees is around $88,044 per year, or the hourly rate of Prem Magnetics Inc rate is $42. The highest earners in the top 75th percentile are paid over $99,344. Individual salaries will vary depending on the job, department, and location, as well as the employee’s level of education, certifications, and additional skills.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
President $522,306 - $857,105 $681,539 Prem Magnetics Inc
Vice President, Engineering $185,020 - $221,722 $203,124 Prem Magnetics Inc
Manager, Purchasing $92,815 - $113,069 $102,649 Prem Magnetics Inc
Manager, Quality Assurance $92,273 - $111,714 $101,912 Prem Magnetics Inc
Customer Service Manager $72,082 - $90,236 $80,678 Prem Magnetics Inc
Sales $43,324 - $56,818 $50,366 Prem Magnetics Inc
Engineering Laboratory Technician $42,213 - $55,894 $48,358 Prem Magnetics Inc
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Most Common Benefits for Prem Magnetics Inc

Aside from the base salary, Prem Magnetics Inc offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Prem Magnetics Inc

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Prem Magnetics Inc ’s peer companies.
Lone Star Stone Inc Whitney, TX $69,789 - $89,418 Company Salary Range $79,237 Average Company Salary
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DATA VOICE Inc Melbourne, FL $70,440 - $90,247 Company Salary Range $79,975 Average Company Salary
Powerlink Systems Rochester, MI $78,806 - $100,966 Company Salary Range $89,479 Average Company Salary
EMI Solutions Pvt Ltd Anaheim, CA $88,675 - $113,598 Company Salary Range $100,681 Average Company Salary
Stonite Coil Corp Yardville, NJ $83,315 - $106,745 Company Salary Range $94,594 Average Company Salary
Tesla Magnetics Inc Santa Clara, CA $97,692 - $125,170 Company Salary Range $110,923 Average Company Salary
Marine Hnb Resources LLC Long Beach, CA $90,371 - $115,842 Company Salary Range $102,632 Average Company Salary
Altran Corp Crystal Lake, IL $77,560 - $99,368 Company Salary Range $88,065 Average Company Salary
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FAQs About Prem Magnetics Inc Company

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

Prem Magnetics Inc pays its employees an average of $88,044 per year. The average salary at Prem Magnetics Inc range from $77,551 to $99,344 per year. President jobs at Prem Magnetics Inc earn the most with an average annual salary of $681,539, while Engineering Laboratory Technician jobs earn the least with an average annual salary of $48,358.

2. Do Prem Magnetics Inc employees get a higher salary than other similar companies?

The salary at Prem Magnetics Inc is lesser than Tesla Magnetics Inc. The highest salary package reported for an employee at Prem Magnetics Inc is $99,344 per year, meanwhile the highest salary package reported for an employee at Tesla Magnetics Inc is $125,170 per year.

3. How much does Prem Magnetics Inc pay compared to Tesla Magnetics Inc?

The average annual salary at Prem Magnetics Inc is $88,044, or an hourly wage of $42, in comparison to Tesla Magnetics Inc which pays $110,923 per year or $53 per hour.

4. Which job skills can boost a Manager, Quality Assurance salary at Prem Magnetics Inc?

Quality Assurance, ISO and Leadership are key to a Manager, Quality Assurance job at Prem Magnetics Inc. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Prem Magnetics Inc.

5. What is the lowest salary at Prem Magnetics Inc?

The lowest paying job at Prem Magnetics Inc is Engineering Laboratory Technician with an annual salary of $48,358 or an hourly rate of $42.