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Magna Industrial Corp Salary

Magna Industrial Corp Salary

How much does the Magna Industrial Corp Pay for employees?

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As of October 2026, the average annual salary for employees at Magna Industrial Corp in the United States is $88,245. This translates to an approximate hourly wage of $42. Salaries at Magna Industrial Corp typically range from $77,615 to $99,783 annually, reflecting the diverse roles and experience levels within the company. Magna Industrial Corp’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 Magna Industrial Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Magna Industrial Corp. 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 Magna Industrial Corp

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

Is Magna Industrial Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Magna Industrial Corp’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
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90k
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30k
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Average Salary ($/year)
Magna Industrial Corp
Retail & Wholesale
Beltone Tristate
Issa Trading Ltd
Industry Comparison
Our data shows that, on average, compensation at Magna Industrial Corp is below the average for the U.S. Retail & Wholesale industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magna Industrial Corp average annual salary with several similar companies. Magna Industrial Corp average salary of $88,245 is higher than Beltone Tristate, which has an average salary of $84,679. It is higher than Issa Trading Ltd, with their average salary at $79,194. This places Magna Industrial Corp in a competitive position among its peers.
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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 Magna Industrial Corp's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magna Industrial Corp

Considering a career at Magna Industrial Corp? 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.
This company offers a great balance between challenge and support. The Retail & Wholesale industry can be unpredictable, but this company maintains a fair balance. I’ve been with the company for a few years and have only good things to say. I’ve been impressed by the company’s focus on employee wellness, offering programs like mental health support and fitness incentives.
Commented in March 05, 2025
47
2
This company is an excellent place to grow in the retail sector. The job provides a predictable routine with fair expectations. The work environment is collaborative, and the company offers great perks like wellness programs. The company provides good growth opportunities. It provides a supportive atmosphere with ample opportunities for professional growth.
Commented in December 16, 2024
26
1
Workloads are manageable, and colleagues are easy to work with. The work-life balance is fair, and the benefits package is solid. Coworkers are friendly and always willing to help. The leadership team is strong, and employees are given responsibility. The company has a solid reputation in the Retail & Wholesale industry. Processes are structured.
Commented in May 30, 2024
30
3

Magna Industrial Corp Overview

Website
www.magnaindustrial.com
Founded In
2008
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
6355 NW 36th St Miami Florida FL 33166
Revenue
<$5 Million
Phone Number
-
Social Media
About Magna Industrial Corp
Magna Industrial Corp is a company that operates in the Food & Beverages industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Miami, Florida.

What Benefits Does Magna Industrial Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magna Industrial Corp 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 Miami?

Understanding the cost of living near Miami is key to truly evaluating a salary offer or your current compensation at Magna Industrial Corp.
Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). Major international city, very high housing costs, vibrant culture, significant traffic. Metrorail/Metromover/Bus. When planning your budget based on a salary from Magna Industrial Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Magna Industrial Corp salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $112.50 (Miami-Dade EASY Ticket monthly) 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 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,262 - $5,332+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magna Industrial Corp

1. How much does a Magna Industrial Corp employee make?

Magna Industrial Corp pays its employees an average of $88,245 per year. The average salary at Magna Industrial Corp range from $77,615 to $99,783 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 Magna Industrial Corp?

The salary at Magna Industrial Corp is higher than the similar company. The average annual salary at Magna Industrial Corp is $88,245, or an hourly wage of $42, in comparison to Beltone Tristate which pays $84,679 per year or $41 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Magna Industrial Corp?

In many roles at Magna Industrial Corp, 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.

4. How does the cost of living near Miami affect the perceived value of a Magna Industrial Corp salary?

Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). This significantly impacts the purchasing power of a salary from Magna Industrial Corp based there. Our "Cost of Living Insights for Miami" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Magna Industrial Corp typically offer employees?

Magna Industrial Corp 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 Magna Industrial Corp" section on this page.

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