SGM Magnetics USA Salary

As of August 2026, the average annual salary for employees at SGM Magnetics USA in the United States is $84,500. This translates to an approximate hourly wage of $41. Salaries at SGM Magnetics USA typically range from $74,426 to $95,356 annually, reflecting the diverse roles and experience levels within the company.

How Much Does SGM Magnetics USA Pay for Different Roles?

Explore detailed salary information for specific jobs at SGM Magnetics USA. Based on our data, the highest paying job is the Director, Operations, Sales, with an annual salary of $154,923. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at SGM Magnetics USA

Ready for your next career move? Explore current job openings at SGM Magnetics USA. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is SGM Magnetics USA’s Pay Competitive? Salary Benchmarking Analysis

How does SGM Magnetics USA'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
Marble Uniques $82,517
-2.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
InPipe Energy Inc $91,504
+8.3%
Reflects a supply-demand imbalance for the specific talent InPipe Energy Inc targets.
Fybots $105,206
+24.5%
Driven by niche technical certifications required for Fybots's specialized projects.
Richards-Wilbert Inc $97,073
+14.9%
Data suggests Richards-Wilbert Inc's workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $121,746
+44.1%
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 SGM Magnetics USA

Considering a career at SGM Magnetics USA? 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.
I greatly appreciate commitment to innovation and adopting cutting-edge technologies. Management is approachable and solutions-oriented. Onboarding is smooth, and the work becomes second nature quickly. I appreciate the opportunities for learning new skills on the production floor and the emphasis on safety, which is always a top priority.
Management is fair and consistent in their decisions. Morale is high thanks to fair treatment and achievable goals. The company takes pride in its product, and it shows in every detail. This forward-thinking approach, keeps us competitive and at the forefront of the global market. I've found the leadership team to be approachable and fair. What stands out most is the supportive team environment. I...
Facilities are clean, organized and equipped with state-of-the-art machinery. The ergonomic initiatives have significantly reduced workplace fatigue and injury risks. You’ll stay busy but may find the work lacks variety over time. What stands out is the investment in employee comfort - from ergonomic tools to climate-controlled workspaces.

SGM Magnetics USA Overview

Website
www.sgmmagneticsusa.com
Founded In
1954
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
6441 19th St E Sarasota Florida FL 34243
Revenue
<$5 Million
Phone Number
+1 8666934815
Social Media
About SGM Magnetics USA
SGM Magnetics USA is a company that operates in the Mining & Metals industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Sarasota, Florida.

What Benefits Does SGM Magnetics USA Offer Beyond Salary?

A competitive compensation package is more than just a salary. SGM Magnetics USA 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 Sarasota?

Understanding the cost of living near Sarasota is key to truly evaluating a salary offer or your current compensation at SGM Magnetics USA.
Sarasota's Cost of Living Index is approximately 102.7 (2.7% more expensive than US average; 0.4% less than FL average). Gulf Coast city, arts and culture, popular with retirees, housing costs above US average. SCAT bus. When planning your budget based on a salary from SGM Magnetics USA, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of SGM Magnetics USA salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (SCAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,900 - $4,640+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of SGM Magnetics USA

1. What is the average salary for employees at SGM Magnetics USA?

The average annual total compensation for employees at SGM Magnetics USA is approximately $84,500. However, this is an aggregate figure, actual salaries can range significantly, typically from $74,426 to $95,356, depending on factors like job role, experience, and location.

2. How much does SGM Magnetics USA pay compared to Marble Uniques?

The average annual salary at SGM Magnetics USA is $84,500, or an hourly wage of $41, in comparison to Marble Uniques which pays $82,517 per year or $40 per hour.

3. What is the lowest salary at SGM Magnetics USA?

The lowest-paying job at SGM Magnetics USA is an Assistant with a salary of $42,503 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at SGM Magnetics USA?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at SGM Magnetics USA for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does SGM Magnetics USA offer cost-of-living adjustments (COLA) for employees in high-cost areas like Sarasota?

While some companies offer formal COLA, many, including potentially SGM Magnetics USA, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at SGM Magnetics USA?

Most companies, likely including SGM Magnetics USA, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.