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Advance Magnetics Salary

Advance Magnetics Salary

How Much Does Advance Magnetics Pay for employees?

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As of August 2026, the average annual salary for employees at Advance Magnetics in the United States is $72,971. This translates to an approximate hourly wage of $35. Salaries at Advance Magnetics typically range from $64,171 to $82,807 annually, reflecting the diverse roles and experience levels within the company. Advance Magnetics’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 Advance Magnetics 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

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

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 Advance Magnetics.
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About Advance Magnetics: Company Profile

Website
www.advancemag.com
Founded In
1971
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Location
ROCHESTER
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About ADVANCE MAGNETICS
The leading Magnetic Shielding Specialist and custom sheet metal fabricator. With our extensive experience and expertise in custom fabrication we have supplied products for aerospace, bio medical, commercial, medical, military and scientific applications. Ranging from prototype parts to full production runs. No quantity is to small or big for us. We are dedicated to on-time delivery, customer sati

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Advance Magnetics's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Employee benefits are comprehensive, including excellent healthcare and retirement plans. Overall, it’s a dynamic, supportive, and rewarding work environment. There's a good work-life balance, which is often hard to find in manufacturing. This strong sense of community and mutual respect makes it a truly special place to work every day. Training programs are available but vary in quality and acces...
Commented in March 05, 2025
21
1
Shift work can be demanding, with varying levels of flexibility depending on management. Safety protocols are established but inconsistently applied in some areas. The combination of skilled colleagues and visionary leadership creates an environment where quality and efficiency thrive. Everyone pulls together to meet production goals. The environment is professional but can feel hierarchical, limi...
Commented in October 24, 2024
42
3
The production planning is thoughtful, avoiding unnecessary overtime while meeting customer demands. Employees enjoy working in a well-structured environment that prioritizes safety and teamwork. Employees receive regular training to enhance their skills and stay current with industry advancements. Skilled technicians handle machinery expertly and efficiently.
Commented in January 13, 2024
47
3

How Advance Magnetics's Salaries Compare to Similar Companies?

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

Is Advance Magnetics’s Pay Competitive? Salary Benchmarking Analysis

How does Advance Magnetics’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
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Average Salary ($/year)
Advance Magnetics
MFG Durable
AAA INDUSTRIES
AEROSPACE ROTABLES
Industry Comparison
Our data shows that, on average, compensation at Advance Magnetics is below the average for the U.S. MFG Durable industry by approximately 40%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Advance Magnetics average annual salary with several similar companies. Advance Magnetics average salary of $72,971 is lower than AAA INDUSTRIES, which has an average salary of $79,475. It is lower than AEROSPACE ROTABLES, with their average salary at $75,048. This places Advance Magnetics in a developing 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Advance Magnetics.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Advance Magnetics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Advance Magnetics salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Advance Magnetics

FAQ 1: What is the typical salary range (low to high) for most roles at Advance Magnetics?
The typical annual salary range for most roles at Advance Magnetics is approximately from $64,171 to $82,807. 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 Advance Magnetics pay compared to AAA INDUSTRIES?
The average annual salary at Advance Magnetics is $72,971, or an hourly wage of $35, in comparison to AAA INDUSTRIES which pays $79,475 per year or $38 per hour.
FAQ 3: How does experience level affect salary at Advance Magnetics?
Experience level is a significant factor in determining salary at Advance 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 Advance Magnetics in Indianapolis is fair given the local cost of living?
To determine if a salary offer from Advance Magnetics in Indianapolis is fair, first compare the gross salary to our data for similar roles at Advance Magnetics and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Indianapolis" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Advance Magnetics differ from the ranges shown here?
An individual's actual salary at Advance Magnetics can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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