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Magma Design Automation Inc Salary

Magma Design Automation Inc Salary

How much does the Magma Design Automation Inc Pay for employees?

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As of October 2026, the average annual salary for employees at Magma Design Automation Inc in the United States is $85,734. This translates to an approximate hourly wage of $41. Salaries at Magma Design Automation Inc typically range from $75,517 to $96,746 annually, reflecting the diverse roles and experience levels within the company. Magma Design Automation 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.

How Much Does Magma Design Automation Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magma Design Automation Inc. 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.
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Current Job Openings at Magma Design Automation Inc

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

Is Magma Design Automation Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magma Design Automation Inc’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)
Magma Design Automation Inc
MFG Durable
Ubilogix International Inc
International Space Elevator Consortium
Industry Comparison
Our data shows that, on average, compensation at Magma Design Automation Inc is below the average for the U.S. MFG Durable 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 Magma Design Automation Inc average annual salary with several similar companies. Magma Design Automation Inc average salary of $85,734 is lower than Ubilogix International Inc, which has an average salary of $95,006. It is lower than International Space Elevator Consortium, with their average salary at $96,757. This places Magma Design Automation Inc 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.

How Magma Design Automation Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magma Design Automation Inc

Considering a career at Magma Design Automation 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 made onboarding smooth, and my supervisor is approachable and communicative. A stable, rewarding job with growth options. They don’t just sit in offices — they walk the floor and check in regularly. The company fosters a strong culture of safety and teamwork, making it a secure and supportive place to work. The job is fine for those looking for routine.
Commented in February 16, 2025
47
1
A very professional company that offers stability and growth. Benefits are decent, including health insurance and retirement plans. Reliable equipment reduces unexpected breakdowns and delays. Recognition programs celebrate employee achievements regularly.
Commented in August 12, 2024
9
1
The culture emphasizes professionalism to adapt to change, occasionally causing frustration. This company fosters a culture of excellence without sacrificing a positive work environment. The operations are efficient, and innovation is welcomed at all levels. I truly enjoy the problem-solving aspects of my role here. Safety standards exceed industry requirements regularly. Team dynamics are hit or ...
Commented in July 30, 2024
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Magma Design Automation Inc Overview

Website
www.magma-da.com
Founded In
1997
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2530 Meridian Pkwy Durham North Carolina NC 27713
Revenue
<$5 Million
Phone Number
+1 4085657500
Social Media
About Magma Design Automation Inc
Magma Design Automation was a software company in the electronic design automation industry. The company was founded in 1997 and maintained headquarters in San Jose, California, with facilities throughout North America, Europe, Japan, Asia and India. Magma software products were used in major elements of Integrated circuit design, including: synthesis, placement, routing, power management, circuit

What Benefits Does Magma Design Automation Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magma Design Automation 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 Magma Design Automation 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 Magma Design Automation 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 Magma Design Automation 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 Magma Design Automation Inc

1. How much does a Magma Design Automation Inc employee make?

Magma Design Automation Inc pays its employees an average of $85,734 per year. The average salary at Magma Design Automation Inc range from $75,517 to $96,746 per year. 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. Which similar company tend to pay more or less than Magma Design Automation Inc?

The salary at Magma Design Automation Inc is lesser than the similar company. The average annual salary at Magma Design Automation Inc is $85,734, or an hourly wage of $41, in comparison to Ubilogix International Inc which pays $95,006 per year or $46 per hour.

3. How much does a Manager, Product Marketing typically earn at Magma Design Automation Inc?

A Manager, Product Marketing at Magma Design Automation Inc typically earns an average annual base salary of around $112,591, with a general range of $100,323 to $122,703.

4. Do employees with advanced degrees (Master's, PhD) earn more at Magma Design Automation Inc?

In many roles at Magma Design Automation Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Durham affect the perceived value of a Magma Design Automation Inc salary?

Durham's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 5.7% more than NC average). This significantly impacts the purchasing power of a salary from Magma Design Automation Inc based there. Our "Cost of Living Insights for Durham" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Magma Design Automation Inc typically offer employees?

Magma Design Automation Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Magma Design Automation Inc" section on this page.

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