Explore More About Magnet Works, Ltd.

Magnet Works, Ltd. Salary

How Much Does Magnet Works, Ltd. Pay for employees?

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Salary at Magnet Works, Ltd.

How Much Does Magnet Works, Ltd. 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

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Digital Marketing & Content Specialist

$55 / hour

Salary Range: $49 - $62

Digital Marketing

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Material Handler

$19 / hour

Salary Range: $17 - $21

Materials Handling

Technical Support Representative

$24 / hour

Salary Range: $21 - $27

Technical Support

Warehouse Lead

$41 / hour

Salary Range: $36 - $46

Warehouse

ENTRY LEVEL MANUFACTURING

$26 / hour

Salary Range: $23 - $29

Manufacturing

INSPECTOR PACKER

$25 / hour

Salary Range: $23 - $29

Quality Assurance

MAINTENANCE TECHNICIAN

$22 / hour

Salary Range: $20 - $25

Facilities Operations

PROCESS TECHNICIAN

$38 / hour

Salary Range: $36 - $41

Engineering

Turn Insight into Opportunity: Current Job Openings

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About Magnet Works, Ltd.: Company Profile

Website

www.magnetworks.com

Founded In

1992

Employees

25 - 50 employees

Industry

MFG Durable

Headquarter Location

FENTON

Revenue

$5 Million - $10 Million

Phone Number

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnet Works, Ltd.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.

What stands out most about working here is the commitment to quality and innovation. The culture promotes accountability and efficiency, and it's great knowing your contributions matter. Whether you're in production, maintenance, or logistics, there’s room to grow and innovate. The company encourages cross-functional teamwork and open communication. The emphasis on safety and process improvement s...

Commented in May 02, 2025

Reliable hours and good benefits. It’s a reliable workplace that respects time, values results, and celebrates milestones together as a team. The operation maintains impressive quality standards while fostering positive work relationships. Morale is high thanks to fair treatment and achievable goals. Commitment to deadlines consistently meets customer expectations.

Commented in April 23, 2025

Competitive pay and benefits attract and retain talent. The company invests in modern technology, which makes work more efficient and enjoyable. If you value routine and simplicity, you’ll be comfortable here. I like the routine and structure of the day. Flexible work schedules contribute to a good work-life balance. A healthy work-life balance and proactive management make all the difference.

Commented in March 19, 2025

Flexible work schedules and shift options allow employees to balance their personal and professional lives effectively. The leadership team is transparent and approachable, maintaining open communication channels. Quality control ensures defect-free products consistently. Career growth opportunities exist but are competitive. I feel like my efforts make a difference, and that’s motivating.

Commented in July 20, 2024

The company offers competitive pay and benefits, but workplace culture can feel formal and structured. It’s a place where you can truly build a long-term career and feel secure in your role. It’s a rewarding place to contribute.

Commented in January 07, 2024

How Magnet Works, Ltd.'s Salaries Compare to Similar Companies?

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

MICRO TECH INDUSTRIES, INC.

Avg. Hourly Rate: $40

MARANDA GAMES

Avg. Hourly Rate: $36

MASTERWORKS MANUFACTURING SRVC

Avg. Hourly Rate: $34

MAXUMBOATPARTS

Avg. Hourly Rate: $35

MS. TIA DAWN

Avg. Hourly Rate: $35

MOTHERSDAYPERFUME

Avg. Hourly Rate: $41

CUSTOMER SINGER CORPORATION

Avg. Hourly Rate: $37

ROMAN INDUSTRIES

Avg. Hourly Rate: $38

KELLIECARTER

Avg. Hourly Rate: $33

ADIRONDACK AROMATHERAPY

Avg. Hourly Rate: $36

BART INDUSTRIES

Avg. Hourly Rate: $38

SURVIVOR INDUSTRIES INC

Avg. Hourly Rate: $39

Is Magnet Works, Ltd.’s Pay Competitive? Salary Benchmarking Analysis

How does Magnet Works, Ltd.’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

Average Salary ($/year)

Magnet Works, Ltd.

MFG Durable

MICRO TECH INDUSTRIES, INC.

MARANDA GAMES

Industry Comparison

Our data shows that, on average, compensation at Magnet Works, Ltd. 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 Magnet Works, Ltd. average annual salary with several similar companies. Magnet Works, Ltd. average salary of $73,297 is lower than MICRO TECH INDUSTRIES, INC., which has an average salary of $83,324. It is lower than MARANDA GAMES, with their average salary at $74,256. This places Magnet Works, Ltd. 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 Saint Louis?

Understanding the cost of living near Saint Louis is key to truly evaluating a salary offer or your current compensation at Magnet Works, Ltd..

Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). Major city, Gateway Arch, affordable housing, MetroLink/Bus. When planning your budget based on a salary from Magnet Works, Ltd., consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$900 - $1,400+	A significant portion of Magnet Works, Ltd. salary. Location choices impact this heavily.
Utilities (Basic)	$140 - $230	Electricity, Heating, Cooling, Water etc.
Public Transportation	$78 (Metro 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 - $680+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$360 - $670+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,208 - $3,548+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnet Works, Ltd.

FAQ 1: What is the typical salary range (low to high) for most roles at Magnet Works, Ltd.?

The typical salary range for most roles at Magnet Works, Ltd. is approximately from $31 to $40 per hour. 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 Works, Ltd. pay compared to MICRO TECH INDUSTRIES, INC.?

The average annual salary at Magnet Works, Ltd. is $73,297, or an hourly wage of $35, in comparison to MICRO TECH INDUSTRIES, INC. which pays $83,324 per year or $40 per hour.

FAQ 3: How does experience level affect salary at Magnet Works, Ltd.?

Experience level is a significant factor in determining salary at Magnet Works, Ltd., 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 Works, Ltd. in Saint Louis is fair given the local cost of living?

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

FAQ 5: Why might an individual's actual salary at Magnet Works, Ltd. differ from the ranges shown here?

An individual's actual salary at Magnet Works, Ltd. 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.