Magma Salary

Magma Salary

How much does the Magma Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of July 2026, the average annual salary for employees at Magma in the United States is $96,198. This translates to an approximate hourly wage of $46. Salaries at Magma typically range from $84,488 to $109,050 annually, reflecting the diverse roles and experience levels within the company. Magma’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 Pay for Different Roles?

Explore detailed salary information for specific jobs at Magma. 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 Magma

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

Is Magma’s Pay Competitive? Salary Benchmarking Analysis

How does Magma’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
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Magma
Hospitality & Leisure
Gustafson Dance
The James Pub & Provisions
Industry Comparison
Our data shows that, on average, compensation at Magma is below the average for the U.S. Hospitality & Leisure industry by approximately 22%. 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 average annual salary with several similar companies. Magma average salary of $96,198 is higher than Gustafson Dance, which has an average salary of $95,533. It is lower than The James Pub & Provisions, with their average salary at $101,124. This places Magma in a mid-range 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's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magma

Considering a career at Magma? 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 company invests in employee development. I love working here because of the people and the positive atmosphere. Management listens to feedback and implements positive changes. The workplace is clean and safe. The benefits are competitive, and teamwork is encouraged.
Commented in February 15, 2025
28
2
The culture here is collaborative and welcoming. While there aren’t many flashy perks, the basics like health coverage and steady hours are reliable. I’m grateful to work for such a supportive company. The management team is fantastic, and the company offers great benefits. Highly recommend it for anyone looking for stability and growth. Benefits like wellness programs and performance incentives a...
Commented in February 14, 2025
45
2
The workplace is structured, and tasks are clearly defined, which helps in daily operations. Employee recognition is a priority, and hard work doesn’t go unnoticed. The company culture here is exceptional.
Commented in February 15, 2024
23
2

Magma Overview

Website
www.magma.center
Founded In
2017
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
11 Pleasant St Gloucester Massachusetts MA 01930
Revenue
<$5 Million
Phone Number
+1 9783813494
Social Media
About Magma
MAGMA is a center for movement practices where people of all ages can discover, develop, and create in a broad curriculum of movement styles. MAGMA's dance classes focus on the actively evolving forms of dance as art. With an understanding of the past, and an eye to the future, we nurture students in the highest standards of dance education. MAGMA also offers classes in somatics, martial arts, str

What Benefits Does Magma Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magma 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)
Work at Magma?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Magma.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Magma, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Magma salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magma

1. How much does a Magma employee make?

Magma pays its employees an average of $96,198 per year. The average salary at Magma range from $84,488 to $109,050 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?

The salary at Magma is higher than the similar company. The average annual salary at Magma is $96,198, or an hourly wage of $46, in comparison to Gustafson Dance which pays $95,533 per year or $46 per hour.

3. How much does a Software Engineer typically earn at Magma?

A Software Engineer at Magma typically earns an average annual base salary of around $108,831, with a general range of $100,570 to $116,454.

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

In many roles at Magma, 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 Boston affect the perceived value of a Magma salary?

Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). This significantly impacts the purchasing power of a salary from Magma based there. Our "Cost of Living Insights for Boston" module details this impact, helping you assess the 'real feel' value of your compensation.

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

Magma 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" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning