Magnet Shop Salary

How Much Does Magnet Shop Pay for employees?

As of April 2026, the average hourly salary for employees at Magnet Shop in the United States is $43. This translates to an approximate annual wage of $89,046. Salaries at Magnet Shop typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company. Magnet Shop’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
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.

How Much Does Magnet Shop Pay for Different Roles?

The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.

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

Business Systems Analyst

$86,076 / year

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

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

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

Digital Marketing

Director of Finance and Accounting

$191,976 / year

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

Management

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Magnet Shop.
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About Magnet Shop: Company Profile

Website
www.intetechgroup.com
Founded In
1955
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Location
CULVER CITY
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About MAGNET SHOP
From Mission Critical to Mission Accomplished A vertically integrated magnetics solutions provider - from stock and custom magnets to multi-level magnet assemblies to custom engineered motors for specialized applications. Quality Management System registered to the ISO 9001 2008 standard. Cost optimized global footprint with locations in California, Arizona, Mexico and China. Extensive engineering

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnet Shop's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Communication is mostly top-down with limited employee feedback channels. The team is cohesive and works efficiently together, helping each other overcome challenges. The processes are well-documented, and production targets are realistic. Most employees perform well, but turnover in some roles disrupts consistency. Career advancement exists but is competitive. It’s a place where effort is appreci...
Managers give helpful feedback, and colleagues support each other. The scale of operations - across multiple plants - provides stability and opportunities to work on diverse projects. The company's reputation for quality products makes me proud to be part of the team. Flexible scheduling options help maintain work-life balance. Robust inventory management ensures materials are always available.
Working here has its pros and cons. Most departments function well independently, but inter-department communication could improve. Skilled technicians handle machinery expertly and efficiently. Shift schedules are inconsistent, affecting work-life balance. This manufacturing organization demonstrates how to run world-class operations while prioritizing people.

Is Magnet Shop’s Pay Competitive? Salary Benchmarking Analysis

How does Magnet Shop’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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90k
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0
Average Salary ($/year)
Magnet Shop
MFG Durable
MARTIN FURNITURE
DA/PRO RUBBER
Industry Comparison
Our data shows that, on average, compensation at Magnet Shop is below the average for the U.S. MFG Durable industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magnet Shop average annual salary with several similar companies. Magnet Shop average salary of $89,046 is higher than MARTIN FURNITURE, which has an average salary of $85,990. It is higher than DA/PRO RUBBER, with their average salary at $74,842. This places Magnet Shop in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

What Is the Cost of Living Near Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Magnet Shop.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Magnet Shop, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Magnet Shop salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnet Shop

FAQ 1: What is the estimated average total compensation at Magnet Shop?
Salary.com estimates that the average total compensation package at Magnet Shop, which can include base salary, potential bonuses, and benefits, is around $43 per hour . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Magnet Shop pay compared to MARTIN FURNITURE?
The average annual salary at Magnet Shop is $89,046, or an hourly wage of $43, in comparison to MARTIN FURNITURE which pays $85,990 per year or $41 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Magnet Shop?
Salary progression from an entry-level to a senior role at Magnet Shop 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.
FAQ 4: How can I determine if a salary offer from Magnet Shop in Los Angeles is fair given the local cost of living?
To determine if a salary offer from Magnet Shop in Los Angeles is fair, first compare the gross salary to our data for similar roles at Magnet Shop and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Los Angeles" to understand its purchasing power.
FAQ 5: Are promotions at Magnet Shop usually accompanied by a significant salary increase?
Yes, promotions at Magnet Shop 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.