Magnet Paint & Shellac Co Inc Salary

How much does the Magnet Paint & Shellac Co Inc Pay for employees?

As of August 2026, the average annual salary for employees at Magnet Paint & Shellac Co Inc in the United States is $88,150. This translates to an approximate hourly wage of $42. Salaries at Magnet Paint & Shellac Co Inc typically range from $77,661 to $99,502 annually, reflecting the diverse roles and experience levels within the company. Magnet Paint & Shellac Co 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 Magnet Paint & Shellac Co Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnet Paint & Shellac Co 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 Magnet Paint & Shellac Co Inc

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

Is Magnet Paint & Shellac Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnet Paint & Shellac Co 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)
Magnet Paint & Shellac Co Inc
Chemicals
Woodwright Quality Wood Finishing Products
PolySpec
Industry Comparison
Our data shows that, on average, compensation at Magnet Paint & Shellac Co Inc is below the average for the U.S. Chemicals industry by approximately 33%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magnet Paint & Shellac Co Inc average annual salary with several similar companies. Magnet Paint & Shellac Co Inc average salary of $88,150 is lower than Woodwright Quality Wood Finishing Products, which has an average salary of $88,983. It is lower than PolySpec, with their average salary at $93,339. This places Magnet Paint & Shellac Co 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 Magnet Paint & Shellac Co Inc

Considering a career at Magnet Paint & Shellac Co 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.
Colleagues are knowledgeable and collaborative, making problem-solving efficient and effective. Great workplace with a focus on innovation and employee well-being. The chemical sector is competitive, but the organization stays ahead with innovation. Employee recognition programs are robust, regularly acknowledging contributions to chemical process improvements.
The collaborative atmosphere makes problem-solving enjoyable. The work environment maintains all necessary safety protocols and equipment expected in chemical manufacturing, ensuring compliance with regulations and reasonable protection for employees. Policies are fair, and management is competent. The facilities are modern, and safety standards are top-notch.
The workplace culture is collaborative and respectful. Would recommend to professionals in this field. Benefits are top-notch, and the culture is collaborative. The chemicals industry can be demanding, but the company provides excellent support. Our chemical manufacturing firm stands out for its excellent workplace culture.

Magnet Paint & Shellac Co Inc Overview

Website
www.magnetpaints.com
Founded In
1915
Employees
<25 employees
Industry
Chemicals
Headquarter Address
310 County Road 1246 Cullman Alabama AL 35057
Revenue
<$5 Million
Phone Number
+1 6318427700
Social Media
About Magnet Paint & Shellac Co Inc
Magnet Paints manufactures high performance specialty coatings industrial maintenance automotive fleet equipment refinish tractors refinish protection

What Benefits Does Magnet Paint & Shellac Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnet Paint & Shellac Co 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 Birmingham?

Understanding the cost of living near Birmingham is key to truly evaluating a salary offer or your current compensation at Magnet Paint & Shellac Co Inc.
Birmingham's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 3.4% less than AL average). Primary driver is significantly lower housing costs. When planning your budget based on a salary from Magnet Paint & Shellac Co Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Magnet Paint & Shellac Co Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $60 (MAX Transit Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,040 - $3,460+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnet Paint & Shellac Co Inc

1. How much does Magnet Paint & Shellac Co Inc in the United States pay?

Magnet Paint & Shellac Co Inc pays its employees an average of $88,150 per year. The average salary at Magnet Paint & Shellac Co Inc range from $77,661 to $99,502 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. Do Magnet Paint & Shellac Co Inc employees get a higher salary than its peer company?

The salary at Magnet Paint & Shellac Co Inc is lesser than its peer company. The average annual salary at Magnet Paint & Shellac Co Inc is $88,150, or an hourly wage of $42, in comparison to Woodwright Quality Wood Finishing Products which pays $88,983 per year or $43 per hour.

3. What are the highest paying jobs at Magnet Paint & Shellac Co Inc?

The higher-paying job at Magnet Paint & Shellac Co Inc, according to our data, include National Sales Manager (avg. $204,162 per year), Manager (avg. $96,639 per year), and Manager, Operations (avg. $93,899 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Magnet Paint & Shellac Co Inc?

Salary progression with years of experience at Magnet Paint & Shellac Co Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Magnet Paint & Shellac Co Inc vary by office location?

Yes, it's very likely that salaries at Magnet Paint & Shellac Co Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Birmingham section provides more context.

6. Does Magnet Paint & Shellac Co Inc offer good benefits?

Magnet Paint & Shellac Co Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Magnet Paint & Shellac Co Inc" section on this page.