Micro Magnetic Systems Inc Salary

How much does the Micro Magnetic Systems Inc Pay for employees?

As of August 2026, the average hourly salary for employees at Micro Magnetic Systems Inc in the United States is $43. This translates to an approximate annual wage of $89,985. Salaries at Micro Magnetic Systems Inc typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company. Micro Magnetic Systems 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 Micro Magnetic Systems Inc

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Is Micro Magnetic Systems Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Micro Magnetic Systems 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)
Micro Magnetic Systems Inc
MFG Durable
Quantum Dan Corp
Quantum International Inc
Industry Comparison
Our data shows that, on average, compensation at Micro Magnetic Systems Inc is below the average for the U.S. MFG Durable industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Micro Magnetic Systems Inc average annual salary with several similar companies. Micro Magnetic Systems Inc average salary of $89,985 is lower than Quantum Dan Corp, which has an average salary of $111,798. It is higher than Quantum International Inc, with their average salary at $89,658. This places Micro Magnetic Systems Inc in a mid-range position among its peers.
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Employee Reviews: Working at Micro Magnetic Systems Inc

Considering a career at Micro Magnetic Systems 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.
There's a clear chain of command, and everyone knows what’s expected. Production goals are challenging but fair, and there’s a real focus on hitting quality metrics. I like that management walks the floor often and checks in with employees regularly. Excellent safety protocols and good training opportunities for new employees. Management leads by example, fostering an environment of respect and ha...
They truly value experience while also being open to new ideas from less experienced team members. I’ve learned a lot since joining and appreciate the opportunities to take on new responsibilities. Strong teamwork fosters efficient and high-quality production. Work tasks are consistent. Career progression opportunities are present. The focus on producing quality work is high, but the pressure is n...
Safety is always a top priority here. Leadership is open to feedback and regularly provides updates. Operations are mostly smooth, but occasional bottlenecks occur.

Micro Magnetic Systems Inc Overview

Website
Data pending, update soon.
Founded In
1980
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
2 S Salisbury St Raleigh North Carolina NC 27601
Revenue
<$5 Million
Phone Number
-
Social Media
About Micro Magnetic Systems Inc
Micro Magnetic Systems Inc is a company that operates in the Machinery industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Raleigh, North Carolina.

What Benefits Does Micro Magnetic Systems Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Micro Magnetic Systems 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 Raleigh?

Understanding the cost of living near Raleigh is key to truly evaluating a salary offer or your current compensation at Micro Magnetic Systems Inc.
Raleigh's Cost of Living Index is approximately 102.3 (2.3% more expensive than US average; 6.6% more than NC average). State capital, Research Triangle Park, tech hub, housing above US avg. GoRaleigh/GoTriangle. When planning your budget based on a salary from Micro Magnetic Systems Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Micro Magnetic Systems Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (GoRaleigh monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,830 - $4,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Micro Magnetic Systems Inc

1. What is the typical salary range (low to high) for most roles at Micro Magnetic Systems Inc?

The typical salary range for most roles at Micro Magnetic Systems Inc is approximately from $38 to $49 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 Micro Magnetic Systems Inc pay compared to Quantum Dan Corp?

The average annual salary at Micro Magnetic Systems Inc is $89,985, or an hourly wage of $43, in comparison to Quantum Dan Corp which pays $111,798 per year or $54 per hour.

3. How does experience level affect salary at Micro Magnetic Systems Inc?

Experience level is a significant factor in determining salary at Micro Magnetic Systems 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 Micro Magnetic Systems Inc in Raleigh is fair given the local cost of living?

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

5. Are the salaries listed for Micro Magnetic Systems Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Micro Magnetic Systems Inc, 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.