Magna-Tel, Inc Salary

How Much Does Magna-Tel, Inc Pay for employees?

As of August 2026, the average annual salary for employees at Magna-Tel, Inc in the United States is $67,387. This translates to an approximate hourly wage of $32. Salaries at Magna-Tel, Inc typically range from $59,262 to $76,460 annually, reflecting the diverse roles and experience levels within the company. Magna-Tel, 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-Tel, Inc Pay for Different Roles?

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.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

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.

Turn Insight into Opportunity: Current Job Openings

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About Magna-Tel, Inc: Company Profile

Website
www.blackbourn.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
EDGERTON
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magna-Tel, Inc's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
It’s nice working for a company that manufactures real, tangible products. It’s a good starting point, not a long-term goal. Compensation and benefits are competitive within the industry. It's a solid option for routine work and it is long-term excitement or challenge.
Production output is steady. Hard work gets recognized. There’s room to take initiative and suggest process improvements. I greatly appreciate commitment to innovation and adopting cutting-edge technologies.
I’ve learned a lot since joining and appreciate the opportunities to take on new responsibilities. Employees experience steady work and average benefits, but workload spikes can increase pressure. There's a real sense of community and mutual support among colleagues. Training programs are thorough and designed to keep staff up to date with industry standards. It's a strong, dependable place to wor...
It’s a genuinely supportive environment. It’s a solid option for those seeking stability without too much pressure or involvement. We know we’re making essential products, and the company culture reinforces the importance of our contributions. The benefits are great, and there's a real effort to ensure a good work-life balance. Communication is generally clear but could improve in some areas.
What makes this company different is how leadership prioritizes employee development and team cohesion. Career growth opportunities exist but are competitive. This company redefines what modern manufacturing can be. Processes are established, though rarely optimized. Safety training is regular, and it’s clear that leadership values our well-being.

Is Magna-Tel, Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magna-Tel, Inc’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Magna-Tel, Inc
MFG Durable
MEDFORD SIGNS
MEKELEXX
Industry Comparison
Our data shows that, on average, compensation at Magna-Tel, Inc is below the average for the U.S. MFG Durable industry by approximately 45%. 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-Tel, Inc average annual salary with several similar companies. Magna-Tel, Inc average salary of $67,387 is lower than MEDFORD SIGNS, which has an average salary of $84,972. It is lower than MEKELEXX, with their average salary at $84,047. This places Magna-Tel, 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.

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Magna-Tel, Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Magna-Tel, Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Magna-Tel, Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magna-Tel, Inc

FAQ 1: What is the estimated average total compensation at Magna-Tel, Inc?
Salary.com estimates that the average total compensation package at Magna-Tel, Inc, which can include base salary, potential bonuses, and benefits, is around $67,387 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Magna-Tel, Inc pay compared to MEDFORD SIGNS?
The average annual salary at Magna-Tel, Inc is $67,387, or an hourly wage of $32, in comparison to MEDFORD SIGNS which pays $84,972 per year or $41 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Magna-Tel, Inc?
Salary progression from an entry-level to a senior role at Magna-Tel, Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Magna-Tel, Inc in Minneapolis is fair given the local cost of living?
To determine if a salary offer from Magna-Tel, Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at Magna-Tel, Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.
FAQ 5: Are promotions at Magna-Tel, Inc usually accompanied by a significant salary increase?
Yes, promotions at Magna-Tel, Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.