Magnetsplanet.com Salary

Magnetsplanet.com Salary

How much does the Magnetsplanet.com Pay for employees?

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As of August 2026, the average annual salary for employees at Magnetsplanet.com in the United States is $101,324. This translates to an approximate hourly wage of $49. Salaries at Magnetsplanet.com typically range from $88,419 to $116,110 annually, reflecting the diverse roles and experience levels within the company. Magnetsplanet.com’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.
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Current Job Openings at Magnetsplanet.com

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

Is Magnetsplanet.com’s Pay Competitive? Salary Benchmarking Analysis

How does Magnetsplanet.com’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)
Magnetsplanet.com
All Industries
Tallgrass Services LLC
Oved Apparel
Industry Comparison
Our data shows that, on average, compensation at Magnetsplanet.com is below the average for the U.S. All Industries industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magnetsplanet.com average annual salary with several similar companies. Magnetsplanet.com average salary of $101,324 is higher than Tallgrass Services LLC, which has an average salary of $92,643. It is lower than Oved Apparel, with their average salary at $102,189. This places Magnetsplanet.com in a mid-range position among its peers.
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How Magnetsplanet.com's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magnetsplanet.com

Considering a career at Magnetsplanet.com? 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.
I’ve had the chance to work on high-impact projects that have helped me grow professionally. Projects are engaging, and there’s always something new to learn. Workload distribution is balanced, and teamwork is highly encouraged. The company culture is welcoming and motivating.
Commented in April 04, 2025
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The workplace culture is inclusive, and employee feedback is genuinely considered in decision-making. Compensation is competitive, and growth opportunities are clear. It’s a great place to grow skills while feeling valued as an employee. Management encourages creativity and rewards initiative. The workplace is diverse, and colleagues are easy to work with. The leadership team is visionary, and emp...
Commented in March 06, 2025
17
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The work is meaningful, and flexibility (like remote options) is appreciated. The company excels in fostering a positive work environment. While the pace isn’t fast, the workload is manageable.
Commented in August 08, 2024
46
1
Benefits are standard, and the workload is fair. The company fosters a collaborative environment where everyone’s input is valued. The hybrid work model is a great advantage, offering flexibility without sacrificing collaboration.
Commented in January 12, 2024
15
1

Magnetsplanet.com Overview

Website
www.magnetplanet.com
Founded In
2011
Employees
25 - 50 employees
Industry
All Industries
Headquarter Address
311 Michaels Ct Woodbridge New Jersey NJ 07095
Revenue
$5 Million - $10 Million
Phone Number
+1 7329677000
Social Media
About Magnetsplanet.com
Magnetsplanet.com is a company that operates in the Information Technology and Services industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Woodbridge, New Jersey.

What Benefits Does Magnetsplanet.com Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnetsplanet.com 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Magnetsplanet.com.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Magnetsplanet.com, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Magnetsplanet.com salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnetsplanet.com

1. How much does a Magnetsplanet.com employee make?

Magnetsplanet.com pays its employees an average of $101,324 per year. The average salary at Magnetsplanet.com range from $88,419 to $116,110 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 Magnetsplanet.com?

The salary at Magnetsplanet.com is higher than the similar company. The average annual salary at Magnetsplanet.com is $101,324, or an hourly wage of $49, in comparison to Tallgrass Services LLC which pays $92,643 per year or $45 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Magnetsplanet.com?

In many roles at Magnetsplanet.com, 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 Jersey City affect the perceived value of a Magnetsplanet.com salary?

Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). This significantly impacts the purchasing power of a salary from Magnetsplanet.com based there. Our "Cost of Living Insights for Jersey City" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Magnetsplanet.com typically offer employees?

Magnetsplanet.com 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 Magnetsplanet.com" section on this page.

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