Magnecomp Corp Salary

Magnecomp Corp Salary

How much does the Magnecomp Corp Pay for employees?

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As of July 2026, the average annual salary for employees at Magnecomp Corp in the United States is $101,915. This translates to an approximate hourly wage of $49. Salaries at Magnecomp Corp typically range from $89,720 to $115,098 annually, reflecting the diverse roles and experience levels within the company. Magnecomp 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 Magnecomp Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnecomp 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 Magnecomp Corp

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

Is Magnecomp Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Magnecomp 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
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Average Salary ($/year)
Magnecomp Corp
MFG Durable
Federal Tool
Larson Tool & Stamping Co
Industry Comparison
Our data shows that, on average, compensation at Magnecomp Corp is below the average for the U.S. MFG Durable industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magnecomp Corp average annual salary with several similar companies. Magnecomp Corp average salary of $101,915 is higher than Federal Tool, which has an average salary of $92,675. It is higher than Larson Tool & Stamping Co, with their average salary at $98,149. This places Magnecomp Corp in a competitive 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 Magnecomp Corp's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magnecomp Corp

Considering a career at Magnecomp 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.
The emphasis on open communication and employee involvement here is remarkable. Benefits are decent, and the work atmosphere is upbeat. One of the best places I’ve worked in manufacturing. Company provides tools and resources needed.
Commented in May 24, 2025
9
3
Safety is emphasized, but innovation seems limited. Advancement is based on merit, not just tenure. Leadership ensures everyone has the tools they need to succeed, and issues are resolved quickly. Their support made me a better, more efficient employee over time. If you’re okay with standing and lifting, it’s a reasonable workplace. Some departments work better than others, depending on leadership...
Commented in October 15, 2024
13
2
Tools and resources are readily available. Expectations are clearly defined, though day-to-day work is repetitive. Management values employee input and actively supports training and professional growth initiatives. Not much room for creativity, but that’s expected in manufacturing. They promote from within and recognize talent.
Commented in March 11, 2024
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Magnecomp Corp Overview

Website
www.magnecomp.com
Founded In
1987
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
38975 Sky Cayon Dr Murrieta California CA 92563
Revenue
$10 Million - $50 Million
Phone Number
+1 9512963582
Social Media
About Magnecomp Corp
Magnecomp Precision Technology Public Company Limited (MPT) a subsidiary of TDK is a premier precision suspension assembly manufacturer serving a global customer base in the data storage and electronics industries. MPT was created through the 2005 merger between the Data Storage Division of Magnecomp International Limited and KR Precision Public Company Limited. With manufacturing plants located b

What Benefits Does Magnecomp Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnecomp 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 Murrieta?

Understanding the cost of living near Murrieta is key to truly evaluating a salary offer or your current compensation at Magnecomp Corp.
Murrieta's Cost of Living Index is approximately 133.7 (33.7% more expensive than US average; 4.4% less than CA average). Inland Empire city (Riverside Co.), desirable family area with housing costs well above US average. When planning your budget based on a salary from Magnecomp Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,950 - $2,800+ A significant portion of Magnecomp Corp salary. Location choices impact this heavily.
Utilities (Basic) $190 - $310 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,380 - $5,160+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnecomp Corp

1. How much does a Magnecomp Corp employee make?

Magnecomp Corp pays its employees an average of $101,915 per year. The average salary at Magnecomp Corp range from $89,720 to $115,098 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 Magnecomp Corp?

The salary at Magnecomp Corp is higher than the similar company. The average annual salary at Magnecomp Corp is $101,915, or an hourly wage of $49, in comparison to Federal Tool which pays $92,675 per year or $45 per hour.

3. How much does a Controller typically earn at Magnecomp Corp?

A Controller at Magnecomp Corp typically earns an average annual base salary of around $236,134, with a general range of $201,231 to $270,621.

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

In many roles at Magnecomp 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.

5. How does the cost of living near Murrieta affect the perceived value of a Magnecomp Corp salary?

Murrieta's Cost of Living Index is approximately 133.7 (33.7% more expensive than US average; 4.4% less than CA average). This significantly impacts the purchasing power of a salary from Magnecomp Corp based there. Our "Cost of Living Insights for Murrieta" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Magnecomp Corp typically offer employees?

Magnecomp 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 Magnecomp Corp" section on this page.

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