Magnic International Inc Salary

How much does the Magnic International Inc Pay for employees?

As of September 2026, the average hourly salary for employees at Magnic International Inc in the United States is $45. This translates to an approximate annual wage of $93,118. Salaries at Magnic International Inc typically range from $39 to $51 hourly, reflecting the diverse roles and experience levels within the company. Magnic International Inc’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 Magnic International Inc

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Is Magnic International Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnic International Inc’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)
Magnic International Inc
Business Services
CruiseShipCenters International Inc
Unilok International Inc
Industry Comparison
Our data shows that, on average, compensation at Magnic International Inc is below the average for the U.S. Business Services 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 Magnic International Inc average annual salary with several similar companies. Magnic International Inc average salary of $93,118 is higher than CruiseShipCenters International Inc, which has an average salary of $92,675. It is lower than Unilok International Inc, with their average salary at $93,170. This places Magnic International Inc in a mid-range position among its peers.
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Employee Reviews: Working at Magnic International Inc

Considering a career at Magnic International Inc? 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 HR team provides clear documentation and training materials, while managers ensure you feel supported. The company has established processes for most tasks, which ensures consistency in our service delivery. Training programs are practical and accessible, helping employees upskill regularly. Their steady guidance helps us navigate any obstacles with confidence. Joining this organization was on...
This creates a loyal and dedicated workforce in return. The leadership team empowers employees and encourages continuous learning. We provide services that genuinely help other businesses grow and succeed. Room for improvement in communication. There’s minimal encouragement to go beyond the role's scope, and though the environment is supportive, it can feel stagnant. Leadership is competent and it...
The company does care about its people, but sometimes struggles with implementation. Excellent benefits and wellness programs. Leadership maintains transparent communication and seeks regular employee feedback. Career progression requires time and persistence. This fosters a collaborative environment where the best ideas can come from anywhere.

Magnic International Inc Overview

Website
Data pending, update soon.
Founded In
1995
Employees
50 - 100 employees
Industry
Business Services
Headquarter Address
400 W Main St Durham North Carolina NC 27701
Revenue
$10 Million - $50 Million
Phone Number
+1 9195495262
Social Media
About Magnic International Inc
Magnic International Inc is a company that operates in the Chemicals industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Durham, North Carolina.

What Benefits Does Magnic International Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnic International Inc 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 Durham?

Understanding the cost of living near Durham is key to truly evaluating a salary offer or your current compensation at Magnic International Inc.
Durham's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 5.7% more than NC average). Research Triangle Park (Duke Univ.), revitalized downtown, housing above US avg. GoDurham/GoTriangle. When planning your budget based on a salary from Magnic International Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,350 - $2,000+ A significant portion of Magnic International Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GoDurham monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,730 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnic International Inc

1. What is the typical salary range (low to high) for most roles at Magnic International Inc?

The typical salary range for most roles at Magnic International Inc is approximately from $39 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 Magnic International Inc pay compared to CruiseShipCenters International Inc?

The average annual salary at Magnic International Inc is $93,118, or an hourly wage of $45, in comparison to CruiseShipCenters International Inc which pays $92,675 per year or $45 per hour.

3. How does experience level affect salary at Magnic International Inc?

Experience level is a significant factor in determining salary at Magnic International Inc, 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 Magnic International Inc in Durham is fair given the local cost of living?

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

5. What factors influence salary increases at Magnic International Inc?

Salary increases at Magnic International Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.