What is the highest paying job at World Magnetics?

Based on our latest data, the highest paying role at World Magnetics is Director of Finance and Accounting, earning approximately $191,976 annually.

Where is World Magnetics located?

World Magnetics is headquartered in TRAVERSE CITY, MI, but may have operations in other locations within the MFG Durable sector.

What does World Magnetics do?

According to the company's overview, World Magnetics Company is a marketing and advertising company based out of P.

What industry is World Magnetics in?

World Magnetics operates in the MFG Durable industry.

World Magnetics Average Salary and Pay Ranges

World Magnetics Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

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Salary at World Magnetics

How Much Does World Magnetics Pay for Different Roles?

Explore detailed salary information for specific jobs at World Magnetics. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Technical Support Representative

$49,122 / year

Salary Range: $43,897 - $55,402

Technical Support

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Material Handler

$38,718 / year

Salary Range: $35,331 - $43,026

Materials Handling

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Warehouse Lead

$85,170 / year

Salary Range: $74,745 - $96,257

Warehouse

PROCESS TECHNICIAN

$78,946 / year

Salary Range: $73,847 - $85,039

Engineering

PRODUCTION TECHNICIAN LEAD

$107,148 / year

Salary Range: $94,628 - $121,189

Employee Relations

Warehouse Associate

$38,039 / year

Salary Range: $35,890 - $41,100

Warehouse

INSPECTOR PACKER

$52,792 / year

Salary Range: $47,257 - $59,281

Quality Assurance

MAINTENANCE TECHNICIAN

$46,734 / year

Salary Range: $41,530 - $52,683

Facilities Operations

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at World Magnetics.

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About World Magnetics: Company Profile

Website

www.worldmagnetics.com

Founded In

1962

Employees

50 - 100 employees

Industry

MFG Durable

Headquarter Location

TRAVERSE CITY

Revenue

$10 Million - $50 Million

Phone Number

About WORLD MAGNETICS

World Magnetics Company is a marketing and advertising company based out of P.O. Box 2979, Cincinnati, Ohio, United States.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into World Magnetics's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.

Working here has changed my perspective on manufacturing careers. Communication from management is generally clear but occasionally delayed. Projects are well-managed, and success is shared. It’s a solid job where you feel like a valuable part of the team.

Commented in March 15, 2025

The environment is safe and structured, though not particularly innovative. Excellent internal communication. Employees experience steady work and average benefits, but workload spikes can increase pressure. Career growth opportunities are present. The leadership team is transparent and approachable, maintaining open communication channels. A dependable employer, though opportunities for skill adv...

Commented in March 07, 2025

Compensation is fair and transparent, with opportunities for overtime when desired. At this company, employees experience a supportive workplace with a clear focus on safety and quality standards. This makes you feel heard and valued. Cross-training improves job variety. Advancement is based on merit, not just tenure.

Commented in March 20, 2024

How World Magnetics's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating World Magnetics’s pay competitiveness. Click on a company for a deeper dive.

WOODBURY INSPECTION GROUP

Avg. Salary: $79,768

WATERS NETWORK SYSTEMS

Avg. Salary: $76,090

CROPSCAN

Avg. Salary: $77,003

CENTRIX INTERNATIONAL

Avg. Salary: $84,623

COMMERCIAL COUNTERMEASURES

Avg. Salary: $81,508

CENTON

Avg. Salary: $86,417

CUSTOM SENSORS & TECHNOLOGY INC

Avg. Salary: $74,869

DATA BASE ACCESS SYSTEMS INC

COMPUTER EXPRESS LLC

CPMTOOL

DIGILENS

CUSTOM SENSORS INC

Is World Magnetics’s Pay Competitive? Salary Benchmarking Analysis

How does World Magnetics'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
WOODBURY INSPECTION GROUP	$79,769	+9.6%	Influenced by prevailing union wage agreements specific to WOODBURY INSPECTION GROUP's sector.
WATERS NETWORK SYSTEMS	$76,090	+4.5%	Reflects structural premiums typical of WATERS NETWORK SYSTEMS's large-cap national operations.
CROPSCAN	$77,004	+5.8%	Data suggests CROPSCAN's workforce skews heavily towards veteran, high-tenure roles.
CENTRIX INTERNATIONAL	$84,623	+16.3%	Reflects a supply-demand imbalance for the specific talent CENTRIX INTERNATIONAL targets.
MFG Durable Industry	$121,746	+67.3%	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.

What Is the Cost of Living Near Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at World Magnetics.

Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from World Magnetics, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,000 - $1,500+	A significant portion of World Magnetics salary. Location choices impact this heavily.
Utilities (Basic)	$140 - $230	Electricity, Heating, Cooling, Water etc.
Public Transportation	$40 (The Rapid monthly pass)	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)	$2,210 - $3,580+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About World Magnetics

FAQ 1: What is the typical salary range (low to high) for most roles at World Magnetics?

The typical annual salary range for most roles at World Magnetics is approximately from $64,010 to $82,595. 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.

FAQ 2: How much does World Magnetics pay compared to WOODBURY INSPECTION GROUP?

The average annual salary at World Magnetics is $72,786, or an hourly wage of $35, in comparison to WOODBURY INSPECTION GROUP which pays $79,768 per year or $38 per hour.

FAQ 3: How does experience level affect salary at World Magnetics?

Experience level is a significant factor in determining salary at World Magnetics, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

FAQ 4: How can I determine if a salary offer from World Magnetics in Grand Rapids is fair given the local cost of living?

To determine if a salary offer from World Magnetics in Grand Rapids is fair, first compare the gross salary to our data for similar roles at World Magnetics and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Grand Rapids" to understand its purchasing power.

FAQ 5: Are the salaries listed for World Magnetics on Salary.com pre-tax or after-tax?

All salary figures displayed for World Magnetics, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.