Magna Products Inc Salary

How much does the Magna Products Inc Pay for employees?

As of August 2026, the average annual salary for employees at Magna Products Inc in the United States is $87,654. This translates to an approximate hourly wage of $42. Salaries at Magna Products Inc typically range from $77,038 to $99,173 annually, reflecting the diverse roles and experience levels within the company. Magna Products 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 Magna Products Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magna Products 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 Magna Products Inc

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

Is Magna Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magna Products 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
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Average Salary ($/year)
Magna Products Inc
Business Services
TechnoMagic Pvt Ltd
Senior Direct Inc
Industry Comparison
Our data shows that, on average, compensation at Magna Products Inc is below the average for the U.S. Business Services 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 Products Inc average annual salary with several similar companies. Magna Products Inc average salary of $87,654 is lower than TechnoMagic Pvt Ltd, which has an average salary of $90,365. It is lower than Senior Direct Inc, with their average salary at $99,341. This places Magna Products 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.

Employee Reviews: Working at Magna Products Inc

Considering a career at Magna Products 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.
Clear processes and expectations make it easy to stay aligned with goals, while flexible scheduling supports work-life balance. Managers are approachable but often stretched thin. Management consistently checks in on team morale and actively seeks feedback for improvement. This commitment to providing the right resources shows that they value our time and want to empower us to work as productively...
Team-oriented with supportive leadership. It’s a solid workplace for those who value stability and structure,appeal to those seeking a fast-moving, highly dynamic environment. The culture promotes diversity and inclusion, and performance is regularly recognized. We are given the autonomy to take ownership of our projects.
Leadership recognizes hard work promptly. Training programs are in place and it is particularly personalized. Managers invest in their teams and provide regular feedback that helps with professional growth.

Magna Products Inc Overview

Website
www.magnaproducts.com
Founded In
1968
Employees
<25 employees
Industry
Business Services
Headquarter Address
777 Mount Read Blvd Rochester New York NY 14606
Revenue
<$5 Million
Phone Number
+1 5856472280
Social Media
About Magna Products Inc
Magna offers the widest range of options to our customers, because we have developed an extensive inventory of a variety of servo components. Whether it is a repair, direct replacement, remanufactured exchange, or technical support - Magna Products Corporation is dedicated to offer the highest quality service and products to our customers. Do you have a question?

What Benefits Does Magna Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magna Products 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 Rochester?

Understanding the cost of living near Rochester is key to truly evaluating a salary offer or your current compensation at Magna Products Inc.
Rochester's Cost of Living Index is approximately 82.3 (17.7% less expensive than US average; 34.2% less than NY average). Western NY city, affordable housing. RTS bus. When planning your budget based on a salary from Magna Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Magna Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $56 (RTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,286 - $3,696+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magna Products Inc

1. What is the typical salary range (low to high) for most roles at Magna Products Inc?

The typical annual salary range for most roles at Magna Products Inc is approximately from $77,038 to $99,173. 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 Magna Products Inc pay compared to TechnoMagic Pvt Ltd?

The average annual salary at Magna Products Inc is $87,654, or an hourly wage of $42, in comparison to TechnoMagic Pvt Ltd which pays $90,365 per year or $43 per hour.

3. Do salaries differ significantly between departments at Magna Products Inc?

Yes, salaries often differ between departments at Magna Products Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Magna Products Inc?

Experience level is a significant factor in determining salary at Magna Products Inc, 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.

5. How can I determine if a salary offer from Magna Products Inc in Rochester is fair given the local cost of living?

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

6. What factors influence salary increases at Magna Products Inc?

Salary increases at Magna Products Inc 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.