Future Magnetics Co Salary

Future Magnetics Co Salary

How much does the Future Magnetics Co Pay for employees?

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As of August 2026, the average hourly salary for employees at Future Magnetics Co in the United States is $49. This translates to an approximate annual wage of $101,419. Salaries at Future Magnetics Co typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company. Future Magnetics Co’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.
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Current Job Openings at Future Magnetics Co

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Is Future Magnetics Co’s Pay Competitive? Salary Benchmarking Analysis

How does Future Magnetics Co’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Future Magnetics Co
MFG Durable
Adc Codenoll Technology Corp
Enplas Niching Technology Corp
Industry Comparison
Our data shows that, on average, compensation at Future Magnetics Co is below the average for the U.S. MFG Durable industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Future Magnetics Co average annual salary with several similar companies. Future Magnetics Co average salary of $101,419 is lower than Adc Codenoll Technology Corp, which has an average salary of $107,030. It is lower than Enplas Niching Technology Corp, with their average salary at $112,842. This places Future Magnetics Co in a developing position among its peers.
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Companies Similar to Future Magnetics Co and Their Hourly Pay Rates

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

Employee Reviews: Working at Future Magnetics Co

Considering a career at Future Magnetics Co? 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.
Colleagues are respectful and helpful. For anyone considering a career in manufacturing, I highly recommend this company. What impresses me most is how the company invests in employee development - from technical certifications to leadership training programs. This predictability and fairness create a stable and trustworthy work environment where everyone feels they are treated equitably.
Commented in June 01, 2025
27
3
Safety standards are clearly followed, and the facility is clean. The communication between management and employees is excellent, ensuring everyone is aligned and informed. While benefits and job security are adequate, communication gaps occasionally hinder workflow efficiency. Expectations are easy to meet, and leadership rarely interferes unless there’s an issue. Leadership is accessible and qu...
Commented in July 25, 2024
15
3
They are transparent in their communications and always make time to listen to employees. Coworkers are polite and it is somehow overly collaborative. Supervisors provide clear direction and genuinely care about your well-being. Onboarding process was smooth. Colleagues are supportive, and management is always willing to listen to concerns and ideas.
Commented in May 20, 2024
39
1
Clean, organized facility with efficient processes and great coworkers. Working here has been a fantastic experience. Communication flows adequately but could be more frequent and transparent.
Commented in February 16, 2024
10
3

Future Magnetics Co Overview

Website
Data pending, update soon.
Founded In
2001
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
346 Old Ashby Rd Mason New Hampshire NH 03048
Revenue
<$5 Million
Phone Number
-
Social Media
About Future Magnetics Co
Future Magnetics Co is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Mason, New Hampshire.

What Benefits Does Future Magnetics Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Future Magnetics Co 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 Manchester?

Understanding the cost of living near Manchester is key to truly evaluating a salary offer or your current compensation at Future Magnetics Co.
Manchester's Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 0.8% less than NH average). Largest NH city, housing near US average. MTA bus. When planning your budget based on a salary from Future Magnetics Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Future Magnetics Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (MTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,790 - $4,300+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Future Magnetics Co

1. What is the estimated average total compensation at Future Magnetics Co?

Salary.com estimates that the average total compensation package at Future Magnetics Co, which can include base salary, potential bonuses, and benefits, is around $49 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Future Magnetics Co pay compared to Adc Codenoll Technology Corp?

The average annual salary at Future Magnetics Co is $101,419, or an hourly wage of $49, in comparison to Adc Codenoll Technology Corp which pays $107,030 per year or $51 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Future Magnetics Co?

Salary progression from an entry-level to a senior role at Future Magnetics Co 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.

4. How can I determine if a salary offer from Future Magnetics Co in Manchester is fair given the local cost of living?

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

5. Are promotions at Future Magnetics Co usually accompanied by a significant salary increase?

Yes, promotions at Future Magnetics Co 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.

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