Magnetic Technology, Inc. Salary

How Much Does Magnetic Technology, Inc. Pay for employees?

As of August 2026, the average annual salary for employees at Magnetic Technology, Inc. in the United States is $71,275. This translates to an approximate hourly wage of $34. Salaries at Magnetic Technology, Inc. typically range from $62,685 to $80,875 annually, reflecting the diverse roles and experience levels within the company. Magnetic Technology, 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 Magnetic Technology, 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

Ready for your next career move? Explore current job openings at Magnetic Technology, Inc..
Loading results...

About Magnetic Technology, Inc.: Company Profile

Website
Data pending, update soon.
Founded In
1989
Employees
<25 employees
Industry
MFG Durable
Headquarter Location
MCKINNEY
Revenue
<$5 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 Magnetic Technology, Inc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
This level of involvement is highly motivating and accelerates professional development, which is great for career growth. Pilot programs test new approaches before full rollout.
They provide a clear understanding of my strengths and areas for development, along with actionable goals. It’s exciting to be part of an organization that is afraid to innovate and evolve with the demands of the modern manufacturing landscape. It fosters a sense of unity and shared responsibility for achieving our manufacturing goals and maintaining standards. This involvement not only refines ou...
It makes us feel like our expertise is truly valued in key manufacturing decisions, which is empowering. This smooth flow minimizes downtime and allows us to maintain optimal manufacturing momentum. The collaborative environment here is exceptional. We don't just react to incidents; we actively participate in safety committees, conduct regular hazard assessments, and management promptly addresses ...

Is Magnetic Technology, Inc.’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetic Technology, 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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Magnetic Technology, Inc.
MFG Durable
MODULAR AIR FILTRATION SYSTEMS INC
CHICOPEE ENGINEERING ASSOCIATES, INC.
Industry Comparison
Our data shows that, on average, compensation at Magnetic Technology, Inc. is below the average for the U.S. MFG Durable industry by approximately 41%. 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 Technology, Inc. average annual salary with several similar companies. Magnetic Technology, Inc. average salary of $71,275 is lower than MODULAR AIR FILTRATION SYSTEMS INC, which has an average salary of $79,419. It is higher than CHICOPEE ENGINEERING ASSOCIATES, INC., with their average salary at $71,037. This places Magnetic Technology, Inc. in a mid-range 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 Mckinney?

Understanding the cost of living near Mckinney is key to truly evaluating a salary offer or your current compensation at Magnetic Technology, Inc..
McKinney's Cost of Living Index is approximately 109.3 (9.3% more expensive than US average; 17.5% more than TX average). Affluent Dallas suburb (Collin Co.), high housing costs. Limited local transit. When planning your budget based on a salary from Magnetic Technology, Inc., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Magnetic Technology, Inc. salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Car-dependent Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnetic Technology, Inc.

FAQ 1: What is the estimated average total compensation at Magnetic Technology, Inc.?
Salary.com estimates that the average total compensation package at Magnetic Technology, Inc., which can include base salary, potential bonuses, and benefits, is around $71,275 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Magnetic Technology, Inc. pay compared to MODULAR AIR FILTRATION SYSTEMS INC?
The average annual salary at Magnetic Technology, Inc. is $71,275, or an hourly wage of $34, in comparison to MODULAR AIR FILTRATION SYSTEMS INC which pays $79,419 per year or $38 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Magnetic Technology, Inc.?
Salary progression from an entry-level to a senior role at Magnetic Technology, 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 Magnetic Technology, Inc. in Mckinney is fair given the local cost of living?
To determine if a salary offer from Magnetic Technology, Inc. in Mckinney is fair, first compare the gross salary to our data for similar roles at Magnetic Technology, Inc. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Mckinney" to understand its purchasing power.
FAQ 5: Are promotions at Magnetic Technology, Inc. usually accompanied by a significant salary increase?
Yes, promotions at Magnetic Technology, 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.