MAGNETNotes Ltd Salary

MAGNETNotes Ltd Salary

How much does the MAGNETNotes Ltd Pay for employees?

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As of July 2026, the average annual salary for employees at MAGNETNotes Ltd in the United States is $86,135. This translates to an approximate hourly wage of $41. Salaries at MAGNETNotes Ltd typically range from $75,865 to $97,198 annually, reflecting the diverse roles and experience levels within the company. MAGNETNotes Ltd’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 MAGNETNotes Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at MAGNETNotes Ltd. 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 MAGNETNotes Ltd

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

Is MAGNETNotes Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does MAGNETNotes Ltd’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)
MAGNETNotes Ltd
MFG Durable
Solargaps
Craft Automation
Industry Comparison
Our data shows that, on average, compensation at MAGNETNotes Ltd is below the average for the U.S. MFG Durable industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared MAGNETNotes Ltd average annual salary with several similar companies. MAGNETNotes Ltd average salary of $86,135 is lower than Solargaps, which has an average salary of $109,288. It is higher than Craft Automation, with their average salary at $85,112. This places MAGNETNotes Ltd 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 MAGNETNotes Ltd's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at MAGNETNotes Ltd

Considering a career at MAGNETNotes Ltd? 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.
Safety is paramount here, and it shows in everything we do. Tools are provided, but upgrades are infrequent. Management is transparent and communicates effectively with the employees. I like the structured routine.
Commented in March 23, 2025
41
2
Pay is standard for industry. This consideration makes a huge difference in overall job satisfaction and well-being, allowing for a healthy integration of work and life. Colleagues are supportive, and management is always willing to listen to concerns and ideas. You’ll stay busy but may find the work lacks variety over time. The job is fine for those looking for routine. Great company values and m...
Commented in September 22, 2024
27
3
Cross-training opportunities help keep the job interesting and develop new skills. Comprehensive training programs and modern technology ensure efficient operations. Smooth production, reliable deliveries, and quality workmanship define our plant.
Commented in February 26, 2024
18
1

MAGNETNotes Ltd Overview

Website
www.magnetnotes.com
Founded In
2001
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
8000 Yankee Rd Ottawa Lake Michigan MI 49267
Revenue
<$5 Million
Phone Number
+1 4194507332
Social Media
About MAGNETNotes Ltd
MAGNETNotes Ltd., The Global Leader in Innovative Magnetic Technologies, is committed to the growth and development of magnetics worldwide. MAGNETNotes Ltd. is the proud manufacturer of MagneClose, The World's Most Attractive Closure Device. Excellence and Innovation are the foundation of all MAGNETNotes' developments. We welcome you to the future of magnetics! In the Spring of '98, inventor and e

What Benefits Does MAGNETNotes Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. MAGNETNotes Ltd 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at MAGNETNotes Ltd.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from MAGNETNotes Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of MAGNETNotes Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MAGNETNotes Ltd

1. What is the average salary for employees at MAGNETNotes Ltd?

The average annual total compensation for employees at MAGNETNotes Ltd is approximately $86,135. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,865 to $97,198, depending on factors like job role, experience, and location.

2. How much does MAGNETNotes Ltd pay compared to Solargaps?

The average annual salary at MAGNETNotes Ltd is $86,135, or an hourly wage of $41, in comparison to Solargaps which pays $109,288 per year or $53 per hour.

3. How does having a professional certification impact salary for relevant roles at MAGNETNotes Ltd?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at MAGNETNotes Ltd for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does MAGNETNotes Ltd offer cost-of-living adjustments (COLA) for employees in high-cost areas like Detroit?

While some companies offer formal COLA, many, including potentially MAGNETNotes Ltd, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at MAGNETNotes Ltd?

Most companies, likely including MAGNETNotes Ltd, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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