Mag Float Salary

Mag Float Salary

How much does the Mag Float Pay for employees?

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As of July 2026, the average annual salary for employees at Mag Float in the United States is $86,346. This translates to an approximate hourly wage of $42. Salaries at Mag Float typically range from $75,938 to $97,637 annually, reflecting the diverse roles and experience levels within the company. Mag Float’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.

How Much Does Mag Float Pay for Different Roles?

Explore detailed salary information for specific jobs at Mag Float. 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.
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.
How accurate does the salary look to you?

Current Job Openings at Mag Float

Ready for your next career move? Explore current job openings at Mag Float. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Mag Float’s Pay Competitive? Salary Benchmarking Analysis

How does Mag Float’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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Average Salary ($/year)
Mag Float
Retail & Wholesale
UtopianIQ Services Inc
Meglio ESI Group
Industry Comparison
Our data shows that, on average, compensation at Mag Float is below the average for the U.S. Retail & Wholesale industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Mag Float average annual salary with several similar companies. Mag Float average salary of $86,346 is lower than UtopianIQ Services Inc, which has an average salary of $86,683. It is lower than Meglio ESI Group, with their average salary at $89,109. This places Mag Float in a developing position among its peers.
See Your True Competitors
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How Mag Float's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Mag Float

Considering a career at Mag Float? 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.
Career advancement opportunities are available for those who seek them. While not overly innovative, the company maintains a steady workflow. The leadership team is transparent, and employees feel valued. The company provides good growth opportunities. The job provides a consistent routine with clear expectations.
Commented in May 04, 2025
19
2
The company invests in employee growth with regular training sessions. I’m happy with my decision to work here. The wholesale side is efficient, and communication is clear. The leadership team is engaged and genuinely cares about staff morale. The workload is predictable, and the team is cooperative. I’ve had a fantastic experience working here.
Commented in January 30, 2025
33
1
Flexible scheduling, good pay, and a friendly work environment make it a top choice in retail. I enjoy working here—great colleagues and a supportive management team. The company fosters a positive and inclusive workplace. I enjoy the dynamic environment and the chance to collaborate with talented colleagues. Average experience.
Commented in January 25, 2024
14
2

Mag Float Overview

Website
www.magfloat.com
Founded In
1984
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
490 SW 9th St Dania Florida FL 33004
Revenue
<$5 Million
Phone Number
+1 9548430209
Social Media
About Mag Float
Mag Float is a company that operates in the Management Consulting industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in Dania, Florida.

What Benefits Does Mag Float Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mag Float 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 Fort Lauderdale?

Understanding the cost of living near Fort Lauderdale is key to truly evaluating a salary offer or your current compensation at Mag Float.
Fort Lauderdale's Cost of Living Index is approximately 116.3 (16.3% more expensive than US average; 12.8% more than FL average). South FL coastal city, 'Venice of America', high housing costs, boating culture. Broward County Transit, Water Taxi, Brightline. When planning your budget based on a salary from Mag Float, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,700+ A significant portion of Mag Float salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (BCT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $830+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mag Float

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

The typical annual salary range for most roles at Mag Float is approximately from $75,938 to $97,637. 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 Mag Float pay compared to UtopianIQ Services Inc?

The average annual salary at Mag Float is $86,346, or an hourly wage of $42, in comparison to UtopianIQ Services Inc which pays $86,683 per year or $42 per hour.

3. How does experience level affect salary at Mag Float?

Experience level is a significant factor in determining salary at Mag Float, 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 Mag Float in Fort Lauderdale is fair given the local cost of living?

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

5. What factors influence salary increases at Mag Float?

Salary increases at Mag Float 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.

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