| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Broker's West Real Estate | $89,616 |
-12.0%
|
Broker's West Real Estate operates with a leaner overhead structure, impacting base wage offers. |
| Quality Compliance Partners Inc | $97,379 |
-4.4%
|
Quality Compliance Partners Inc focuses strategically on recruiting and training entry-level apprentices. |
| All Around Creative Inc | $96,345 |
-5.4%
|
All Around Creative Inc may offer non-monetary perks in lieu of competitive base salaries. |
| P & A Financial Services LLC | $100,427 |
-1.4%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Business Services Industry | $120,931 |
+18.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$89,616 / year
Salary Range: $78,761 - $101,392
Greenwood Village, CO
$97,379 / year
Salary Range: $85,587 - $110,172
San Diego, CA
$96,345 / year
Salary Range: $84,671 - $109,001
Medford, NJ
$100,427 / year
Salary Range: $88,263 - $113,611
Budd Lake, NJ
$106,377 / year
Salary Range: $93,496 - $120,354
Hoboken, NJ
$100,238 / year
Salary Range: $88,052 - $113,476
Trevose, PA
$99,162 / year
Salary Range: $87,154 - $112,196
Calabasas, CA
$86,799 / year
Salary Range: $76,286 - $98,198
Austin, TX
$87,981 / year
Salary Range: $77,322 - $99,527
Atlanta, GA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,400+ | A significant portion of Solution Magics Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | NJ Transit bus/rail (varies) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $670 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,140 - $4,800+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Salary.com estimates that the average total compensation package at Solution Magics Inc, which can include base salary, potential bonuses, and benefits, is around $101,862 annually . Total compensation provides a more holistic view of an employee's earnings.
The average annual salary at Solution Magics Inc is $101,862, or an hourly wage of $49, in comparison to Broker's West Real Estate which pays $89,616 per year or $43 per hour.
Salary progression from an entry-level to a senior role at Solution Magics Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
To determine if a salary offer from Solution Magics Inc in Somerset is fair, first compare the gross salary to our data for similar roles at Solution Magics Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Somerset" to understand its purchasing power.
Yes, promotions at Solution Magics Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.
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