Magneto Power Salary

Magneto Power Salary

How much does the Magneto Power Pay for employees?

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As of August 2026, the average hourly salary for employees at Magneto Power in the United States is $45. This translates to an approximate annual wage of $93,993. Salaries at Magneto Power typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company. Magneto Power’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 Magneto Power

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Is Magneto Power’s Pay Competitive? Salary Benchmarking Analysis

How does Magneto Power’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
180k
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Average Salary ($/year)
Magneto Power
MFG Durable
Universal Power Products
Alfa Eco Corp
Industry Comparison
Our data shows that, on average, compensation at Magneto Power is below the average for the U.S. MFG Durable industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magneto Power average annual salary with several similar companies. Magneto Power average salary of $93,993 is higher than Universal Power Products, which has an average salary of $91,799. It is lower than Alfa Eco Corp, with their average salary at $100,733. This places Magneto Power in a mid-range position among its peers.
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Companies Similar to Magneto Power and Their Hourly Pay Rates

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

Employee Reviews: Working at Magneto Power

Considering a career at Magneto Power? 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.
Management understands that happy employees produce quality work, and it shows in both our working conditions and the products we ship. There's a great spirit of cooperation, and achievements, both big and small, are recognized, which really boosts morale and makes it a fulfilling place to work. The workplace culture is professional but occasionally lacks innovation and feels hierarchical. Safety ...
Commented in April 21, 2025
50
3
It's a strong, dependable environment for anyone interested in stable, hands-on manufacturing work with growth opportunities. Comprehensive training programs and modern technology ensure efficient operations. Flexible work schedules and shift options allow employees to balance their personal and professional lives effectively.
Commented in March 15, 2025
28
1
Workinghas been an incredibly rewarding experience. I wouldn’t recommend it for ambitious professionals, but for someone looking for a reliable paycheck, it does the job. Most communication comes from supervisors. The environment is friendly and performance-driven, which keeps you engaged and motivated every day. The job becomes repetitive over time, but management stays out of the way if targets ...
Commented in September 12, 2024
40
0
This focus on excellence is instilled from the top down and makes the work feel meaningful and important to everyone involved. The manufacturing firm provides steady employment and standard benefits, but communication gaps and workload spikes occur. I'm proud to be part of this manufacturing team. Management genuinely cares about its employees, fostering a supportive and respectful environment. Cr...
Commented in May 21, 2024
14
0
I’ve developed valuable technical skills and confidence on the job. Processes are structured, which helps keep things on track. If not, you might grow restless. This company truly understands the needs of its manufacturing workforce.
Commented in February 13, 2024
22
2

Magneto Power Overview

Website
Data pending, update soon.
Founded In
2012
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
7573 E Princess Dr Scottsdale Arizona AZ 85255
Revenue
$10 Million - $50 Million
Phone Number
+1 4802102079
Social Media
About Magneto Power
Established in 2012. Our business specializes in Fire Security & Alarms, Telephone & Data Wiring (Low Voltage Wiring), Tenant Improvements, Remodels, Solar / Photovoltaic / PV Panels, Lighting Retrofits, Parking Lot & Outside Light Maintenance, LED lighting system, Custom installation, Finishing touches, Electrical wiring, Rewiring an apartment complex. Same day appointments are available! Call us

What Benefits Does Magneto Power Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magneto Power 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 Scottsdale?

Understanding the cost of living near Scottsdale is key to truly evaluating a salary offer or your current compensation at Magneto Power.
Scottsdale's Cost of Living Index is approximately 125.4 (25.4% more expensive than US average; 21.5% more than AZ average). Very affluent area, driven by extremely high housing costs, upscale amenities, and higher prices for goods/services. When planning your budget based on a salary from Magneto Power, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Magneto Power salary. Location choices impact this heavily.
Utilities (Basic) $200 - $350 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local, some Valley Metro Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,370 - $5,700+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magneto Power

1. What is the typical salary range (low to high) for most roles at Magneto Power?

The typical salary range for most roles at Magneto Power is approximately from $40 to $51 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.

2. How much does Magneto Power pay compared to Universal Power Products?

The average annual salary at Magneto Power is $93,993, or an hourly wage of $45, in comparison to Universal Power Products which pays $91,799 per year or $44 per hour.

3. How does experience level affect salary at Magneto Power?

Experience level is a significant factor in determining salary at Magneto Power, 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.

4. How can I determine if a salary offer from Magneto Power in Scottsdale is fair given the local cost of living?

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

5. Are the salaries listed for Magneto Power on Salary.com pre-tax or after-tax?

All salary figures displayed for Magneto Power, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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