Correlated Magnetics Salary

Correlated Magnetics Salary

How much does the Correlated Magnetics Pay for employees?

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As of August 2026, the average annual salary for employees at Correlated Magnetics in the United States is $89,310. This translates to an approximate hourly wage of $43. Salaries at Correlated Magnetics typically range from $78,678 to $100,856 annually, reflecting the diverse roles and experience levels within the company. Correlated 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 Correlated Magnetics Pay for Different Roles?

Explore detailed salary information for specific jobs at Correlated Magnetics. 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.
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.
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Current Job Openings at Correlated Magnetics

Ready for your next career move? Explore current job openings at Correlated Magnetics. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Correlated Magnetics’s Pay Competitive? Salary Benchmarking Analysis

How does Correlated Magnetics’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Correlated Magnetics
Biotechnology
NoyMed Inc
Cummings Research Park
Industry Comparison
Our data shows that, on average, compensation at Correlated Magnetics is below the average for the U.S. Biotechnology industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Correlated Magnetics average annual salary with several similar companies. Correlated Magnetics average salary of $89,310 is lower than NoyMed Inc, which has an average salary of $110,859. It is lower than Cummings Research Park, with their average salary at $91,050. This places Correlated Magnetics in a developing position among its peers.
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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.

How Correlated Magnetics's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Correlated Magnetics. Click a company name to learn more.

Employee Reviews: Working at Correlated Magnetics

Considering a career at Correlated Magnetics? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Communication varies by department, and team morale fluctuates depending on project success. This broadens my understanding of the entire drug development process, which is invaluable. Management is supportive but tends to stick to traditional approaches. An innovative environment that respects scientific complexity and ethical standards.
Commented in March 25, 2025
11
3
A highly motivating atmosphere where innovation thrives. The company’s goals are big, but day-to-day work can feel disconnected from broader objectives. Communication often flows top-down, reducing cross-team engagement. This biotech company is a great place to innovate, learn, and grow professionally. Leadership promotes transparency and celebrates accomplishment, across the entire company. The c...
Commented in March 08, 2025
35
2
The organization balances scientific rigor with employee development. Excels in its leadership and vision. Great for those seeking meaningful, long-term contributions to biotech advancements.
Commented in January 05, 2025
18
3

Correlated Magnetics Overview

Website
www.polymagnet.com
Founded In
2008
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
101 Quality Cir NW Huntsville Alabama AL 35806
Revenue
$5 Million - $10 Million
Phone Number
+1 2564894444
Social Media
About Correlated Magnetics
Correlated Magnetics Research is the inventor of correlated magnetic systems technology for consumer and industrial applications. CMR's Polymagnet Catalog of advanced magnetic functions delivers unprecedented functionality for permanent magnet materials. CMR was founded in 2008 to pursue the new technology of correlated magnetics and has been awarded over 120 patents for a fundamentally new magnet

What Benefits Does Correlated Magnetics Offer Beyond Salary?

A competitive compensation package is more than just a salary. Correlated Magnetics offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Huntsville?

Understanding the cost of living near Huntsville is key to truly evaluating a salary offer or your current compensation at Correlated Magnetics.
Huntsville's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 4.4% more than AL average). Higher cost within AL due to stronger housing demand (tech hub). When planning your budget based on a salary from Correlated Magnetics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Correlated Magnetics salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 - $50 (Shuttle Bus) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,080 - $3,550+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Correlated Magnetics

1. How much does a Correlated Magnetics employee make?

Correlated Magnetics pays its employees an average of $89,310 per year. The average salary at Correlated Magnetics range from $78,678 to $100,856 per year. 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.

2. Which similar company tend to pay more or less than Correlated Magnetics?

The salary at Correlated Magnetics is lesser than the similar company. The average annual salary at Correlated Magnetics is $89,310, or an hourly wage of $43, in comparison to NoyMed Inc which pays $110,859 per year or $53 per hour.

3. How much does a President & Chief Executive Officer typically earn at Correlated Magnetics?

A President & Chief Executive Officer at Correlated Magnetics typically earns an average annual base salary of around $691,337, with a general range of $529,897 to $870,151.

4. Do employees with advanced degrees (Master's, PhD) earn more at Correlated Magnetics?

In many roles at Correlated Magnetics, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Huntsville affect the perceived value of a Correlated Magnetics salary?

Huntsville's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 4.4% more than AL average). This significantly impacts the purchasing power of a salary from Correlated Magnetics based there. Our "Cost of Living Insights for Huntsville" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Correlated Magnetics typically offer employees?

Correlated Magnetics generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Correlated Magnetics" section on this page.

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