$110,459 / year
Salary Range: $97,262 - $124,707
New York City, NY
$91,209 / year
Salary Range: $80,318 - $102,978
Syracuse, NY
$109,562 / year
Salary Range: $96,474 - $123,695
New York City, NY
$111,324 / year
Salary Range: $98,022 - $125,683
New York City, NY
$101,345 / year
Salary Range: $89,234 - $114,415
Rockville Center, NY
$111,967 / year
Salary Range: $98,590 - $126,414
New York City, NY
$110,796 / year
Salary Range: $97,555 - $125,085
New York City, NY
$116,376 / year
Salary Range: $102,476 - $131,389
San Francisco, CA
$103,729 / year
Salary Range: $91,342 - $117,110
, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $3,500 - $5,000+ (Highly variable by borough) | A significant portion of Magma Global salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $127 (MTA 30-day MetroCard) | 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) | $450 - $800+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $5,177 - $7,877+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Magma Global pays its employees an average of $111,302 per year. The average salary at Magma Global range from $98,013 to $125,658 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.
The salary at Magma Global is higher than the similar company. The average annual salary at Magma Global is $111,302, or an hourly wage of $54, in comparison to Wall Street Walks which pays $110,459 per year or $53 per hour.
In many roles at Magma Global, 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.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from Magma Global based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.
Magma Global 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 Global" section on this page.
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