Magnet Shop Salary

Magnet Shop Salary

How Much Does Magnet Shop Pay for employees?

Salaries

Job Openings

Overview

Reviews

Similar Company

FAQ

Recommended HR Topics
Compensation Planning Hot Insights on Your Competitors' PayNew Global Market Data New Develop a Job Description Pay Equlity Benefits Consulting
As of April 2026, the average annual salary for employees at Magnet Shop in the United States is $89,046. This translates to an approximate hourly wage of $43. Salaries at Magnet Shop typically range from $78,307 to $101,035 annually, 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.
Loading results...

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...
Commented in April 10, 2025
11
3
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.
Commented in March 23, 2025
29
2
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.
Commented in March 25, 2024
45
1

How Magnet Shop's Salaries Compare to Similar Companies?

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

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
150k
120k
90k
60k
30k
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 typical salary range (low to high) for most roles at Magnet Shop?
The typical annual salary range for most roles at Magnet Shop is approximately from $78,307 to $101,035. 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 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: How does experience level affect salary at Magnet Shop?
Experience level is a significant factor in determining salary at Magnet Shop, 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 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: What are the key factors that influence salary levels at Magnet Shop?
Several key factors influence salary levels at Magnet Shop. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Magnet Shop likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning