Magnetic Peripherals Inc Salary

Magnetic Peripherals Inc Salary

How much does the Magnetic Peripherals Inc Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of July 2026, the average annual salary for employees at Magnetic Peripherals Inc in the United States is $81,030. This translates to an approximate hourly wage of $39. Salaries at Magnetic Peripherals Inc typically range from $71,356 to $91,466 annually, reflecting the diverse roles and experience levels within the company. Magnetic Peripherals 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 accurate does the salary look to you?

Current Job Openings at Magnetic Peripherals Inc

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

Is Magnetic Peripherals Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetic Peripherals 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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Magnetic Peripherals Inc
MFG Durable
Midway Precision Products Inc
Master universal technology
Industry Comparison
Our data shows that, on average, compensation at Magnetic Peripherals Inc is below the average for the U.S. MFG Durable 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 Magnetic Peripherals Inc average annual salary with several similar companies. Magnetic Peripherals Inc average salary of $81,030 is lower than Midway Precision Products Inc, which has an average salary of $97,347. It is lower than Master universal technology, with their average salary at $95,596. This places Magnetic Peripherals 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.

How Magnetic Peripherals Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magnetic Peripherals Inc

Considering a career at Magnetic Peripherals 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.
The work gets done efficiently, but there’s little emotional investment from the team. The career growth opportunities are outstanding. There’s pride in doing high-quality work. This predictability and fairness create a stable and trustworthy work environment where everyone feels they are treated equitably. I appreciate the company's focus on continuous improvement, not just in our products but in...
Commented in May 03, 2025
22
3
Employees here appreciate the company’s commitment to continuous improvement and innovation in manufacturing processes. Break areas could use improvement. Safety protocols are established but inconsistently applied in some areas. I’ve been promoted twice in five years because they reward performance and initiative. Overall, the company values employee wellbeing, supports professional growth, and f...
Commented in January 19, 2025
31
1
Workers feel valued and supported, and quality control standards remain top-notch. The facilities are impressively maintained, creating a professional work environment. Good benefits and retirement options. What I appreciate most is the emphasis on safety.
Commented in December 14, 2024
36
3
Onboarding process was smooth. The company truly values its employees and is committed to creating a safe, positive, and growth-focused work environment. Management is supportive and transparent, fostering trust and engagement. The team dynamic on the floor is excellent, and support from engineering and logistics is consistent. Everyone works together to hit goals. I’m proud to work here and contr...
Commented in July 10, 2024
23
3
It's a workplace committed to continuous improvement and accountability. There's immense pride in seeing our products in the market and knowing the collective effort that went into their creation. Great leadership at the plant. The company provides job stability and routine benefits but faces challenges with communication and collaboration between departments. Colleagues are supportive, and manage...
Commented in March 17, 2024
49
2

Magnetic Peripherals Inc Overview

Website
Data pending, update soon.
Founded In
1983
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
118 N Congress St Jackson Mississippi MS 39205
Revenue
<$5 Million
Phone Number
-
Social Media
About Magnetic Peripherals Inc
Magnetic Peripherals Inc is a company that operates in the Computer Hardware industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Jackson, Mississippi.

What Benefits Does Magnetic Peripherals Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnetic Peripherals 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)
Work at Magnetic Peripherals Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Jackson?

Understanding the cost of living near Jackson is key to truly evaluating a salary offer or your current compensation at Magnetic Peripherals Inc.
Jackson's Cost of Living Index is approximately 78.4 (21.6% less expensive than US average; 8.8% less than MS average). State capital, very affordable housing. JATRAN. When planning your budget based on a salary from Magnetic Peripherals Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Magnetic Peripherals Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (JATRAN monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,000 - $3,210+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnetic Peripherals Inc

1. How much does a Magnetic Peripherals Inc employee make?

Magnetic Peripherals Inc pays its employees an average of $81,030 per year. The average salary at Magnetic Peripherals Inc range from $71,356 to $91,466 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 Magnetic Peripherals Inc?

The salary at Magnetic Peripherals Inc is lesser than the similar company. The average annual salary at Magnetic Peripherals Inc is $81,030, or an hourly wage of $39, in comparison to Midway Precision Products Inc which pays $97,347 per year or $47 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Magnetic Peripherals Inc?

In many roles at Magnetic Peripherals Inc, 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.

4. How does the cost of living near Jackson affect the perceived value of a Magnetic Peripherals Inc salary?

Jackson's Cost of Living Index is approximately 78.4 (21.6% less expensive than US average; 8.8% less than MS average). This significantly impacts the purchasing power of a salary from Magnetic Peripherals Inc based there. Our "Cost of Living Insights for Jackson" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Magnetic Peripherals Inc typically offer employees?

Magnetic Peripherals Inc 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 Magnetic Peripherals Inc" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning