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Magnet Systems Inc Salary

Magnet Systems Inc Salary

How much does the Magnet Systems Inc Pay for employees?

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As of September 2026, the average annual salary for employees at Magnet Systems Inc in the United States is $120,521. This translates to an approximate hourly wage of $58. Salaries at Magnet Systems Inc typically range from $106,160 to $136,035 annually, reflecting the diverse roles and experience levels within the company. Magnet Systems 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 Systems Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnet Systems 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.
How accurate does the salary look to you?

Current Job Openings at Magnet Systems Inc

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

Is Magnet Systems Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnet Systems 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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90k
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Average Salary ($/year)
Magnet Systems Inc
Software & Networking
Nouveau Labs Inc
SPYRUS Inc
Industry Comparison
Our data shows that, on average, compensation at Magnet Systems Inc is below the average for the U.S. Software & Networking industry by approximately 5%. 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 Systems Inc average annual salary with several similar companies. Magnet Systems Inc average salary of $120,521 is higher than Nouveau Labs Inc, which has an average salary of $120,363. It is lower than SPYRUS Inc, with their average salary at $121,977. This places Magnet Systems Inc in a mid-range 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 Magnet Systems Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magnet Systems Inc

Considering a career at Magnet Systems 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.
Managers trust employees, fostering autonomy. The office environment is modern, and remote work options are available when needed. Benefits like health insurance and bonuses make it a rewarding workplace. The wholesale operations run smoothly, making daily tasks efficient. It’s a good fit for those seeking stability.
Commented in May 09, 2025
11
3
Highly recommend for anyone in Retail & Wholesale. The benefits are standard for the industry, and the workload is manageable. The company also offers good incentives. The team is cooperative, and the company provides adequate resources. The company promotes from within, which is motivating. It’s a typical retail job with steady hours. The team is professional, and communication flows smoothly.
Commented in May 28, 2024
41
3
Training could be more detailed, but overall, it’s fine. The workplace is well-organized, and communication is effective. The office environment is clean and organized. Training is provided, though it could be more in-depth. The company offers good incentives, and management is always open to feedback.
Commented in January 20, 2024
41
2

Magnet Systems Inc Overview

Website
www.magnet.com
Founded In
2008
Employees
25 - 50 employees
Industry
Software & Networking
Headquarter Address
2300 Geng Rd Palo Alto California CA 94303
Revenue
$10 Million - $50 Million
Phone Number
+1 6503295904
Social Media
About Magnet Systems Inc
Magnet Systems is a leader in conversational mobile interfaces providing superior user experiences powered by chatbots and AI. Our innovative enterprise software utilizes chatbots to intelligently access information and perform updates to backend systems and cloud applications through a conversational mobile interface.

What Benefits Does Magnet Systems Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnet Systems 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 San Jose?

Understanding the cost of living near San Jose is key to truly evaluating a salary offer or your current compensation at Magnet Systems Inc.
San Jose's Cost of Living Index is approximately 214.5 (114.5% more expensive than US average; 53.4% more than CA average). Heart of Silicon Valley, astronomical housing costs, high transportation, and high prices for almost everything. When planning your budget based on a salary from Magnet Systems Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Magnet Systems Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (VTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,510 - $7,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnet Systems Inc

1. How much does Magnet Systems Inc in the United States pay?

Magnet Systems Inc pays its employees an average of $120,521 per year. The average salary at Magnet Systems Inc range from $106,160 to $136,035 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 Systems Inc employees get a higher salary than its peer company?

The salary at Magnet Systems Inc is higher than its peer company. The average annual salary at Magnet Systems Inc is $120,521, or an hourly wage of $58, in comparison to Nouveau Labs Inc which pays $120,363 per year or $58 per hour.

3. What are the highest paying jobs at Magnet Systems Inc?

The higher-paying job at Magnet Systems Inc, according to our data, include President, Sales (avg. $319,442 per year), Vice President, Products & Marketing (avg. $313,002 per year), and Senior Vice President, Engineering (avg. $278,051 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 Systems Inc?

Salary progression with years of experience at Magnet Systems 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 Systems Inc vary by office location?

Yes, it's very likely that salaries at Magnet Systems 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 San Jose section provides more context.

6. Does Magnet Systems Inc offer good benefits?

Magnet Systems 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 Systems Inc" section on this page.

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