Division Magna Industries Salary

How much does the Division Magna Industries Pay for employees?

As of August 2026, the average hourly salary for employees at Division Magna Industries in the United States is $45. This translates to an approximate annual wage of $92,738. Salaries at Division Magna Industries typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company. Division Magna Industries’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 Division Magna Industries

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Is Division Magna Industries’s Pay Competitive? Salary Benchmarking Analysis

How does Division Magna Industries’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)
Division Magna Industries
MFG Durable
American Metals & Plastics Inc
Jr Merritt Controls Inc
Industry Comparison
Our data shows that, on average, compensation at Division Magna Industries is below the average for the U.S. MFG Durable industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Division Magna Industries average annual salary with several similar companies. Division Magna Industries average salary of $92,738 is higher than American Metals & Plastics Inc, which has an average salary of $89,879. It is lower than Jr Merritt Controls Inc, with their average salary at $105,237. This places Division Magna Industries in a mid-range position among its peers.
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Employee Reviews: Working at Division Magna Industries

Considering a career at Division Magna Industries? 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.
The team is skilled and dedicated, and we all contribute to a high-quality output. Positive work culture motivates employees to perform well. The training programs ensure all team members meet high quality standards. Management checks in occasionally but doesn’t offer much feedback.
Management values employee input and actively supports training and professional growth initiatives. Managers recognize achievements, and feedback is constructive. Workload can fluctuate, causing occasional stress during peak seasons. Management is approachable, and coworkers are always willing to help. There’s a culture of respect and innovation, and employees are encouraged to contribute ideas. ...
Support staff are competent but overstretched. There’s not much flexibility in how work is done. Management provides regular updates, though feedback is usually surface-level. The work-life balance is surprisingly good for a manufacturing environment. What stands out is the company's commitment to both operational excellence and employee satisfaction.

Division Magna Industries Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
8205 Franklin Blvd Cleveland Ohio OH 44102
Revenue
$10 Million - $50 Million
Phone Number
+1 2169612274
Social Media
About Division Magna Industries
Division Magna Industries is a company that operates in the Plastics industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Cleveland, Ohio.

What Benefits Does Division Magna Industries Offer Beyond Salary?

A competitive compensation package is more than just a salary. Division Magna Industries 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Division Magna Industries.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Division Magna Industries, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Division Magna Industries salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Division Magna Industries

1. What is the estimated average total compensation at Division Magna Industries?

Salary.com estimates that the average total compensation package at Division Magna Industries, which can include base salary, potential bonuses, and benefits, is around $45 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Division Magna Industries pay compared to American Metals & Plastics Inc?

The average annual salary at Division Magna Industries is $92,738, or an hourly wage of $45, in comparison to American Metals & Plastics Inc which pays $89,879 per year or $43 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Division Magna Industries?

Salary progression from an entry-level to a senior role at Division Magna Industries 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 Division Magna Industries in Cleveland is fair given the local cost of living?

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

5. Are promotions at Division Magna Industries usually accompanied by a significant salary increase?

Yes, promotions at Division Magna Industries 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.