Magnum Bikes Inc Salary

Magnum Bikes Inc Salary

How much does the Magnum Bikes Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Magnum Bikes Inc in the United States is $83,213. This translates to an approximate hourly wage of $40. Salaries at Magnum Bikes Inc typically range from $73,290 to $93,893 annually, reflecting the diverse roles and experience levels within the company. Magnum Bikes 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 Magnum Bikes Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnum Bikes 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.
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Current Job Openings at Magnum Bikes Inc

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

Is Magnum Bikes Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnum Bikes 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)
Magnum Bikes Inc
MFG Durable
Rival
EoPlex Inc
Industry Comparison
Our data shows that, on average, compensation at Magnum Bikes Inc is below the average for the U.S. MFG Durable industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magnum Bikes Inc average annual salary with several similar companies. Magnum Bikes Inc average salary of $83,213 is lower than Rival, which has an average salary of $85,365. It is lower than EoPlex Inc, with their average salary at $112,199. This places Magnum Bikes 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 Magnum Bikes Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Magnum Bikes Inc

Considering a career at Magnum Bikes 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.
There’s a lot of pride in the products we create. In an ever-changing industry, they've consistently shown strength and a forward-thinking approach. Processes are somewhat outdated, but they still function. The blend of skilled tradespeople and advanced automation creates an exciting work environment.
Commented in February 22, 2025
46
2
Robust inventory management ensures materials are always available. Some roles feel more supported than others. My coworkers are nice, and supervisors are mostly hands-off unless needed. Reliable processes keep our manufacturing running smoothly with minimal downtime. Working here has been a positive experience from the start. This company offers a great balance of structure and flexibility. Recog...
Commented in May 28, 2024
43
0
Managers are present and easy to talk to. The culture is respectful, but team interaction feels minimal. People genuinely care about each other and support one another, both professionally and personally. Safety protocols are strictly enforced, creating a secure work environment. It’s a dependable, well-organized place to work and thrive.
Commented in March 25, 2024
25
2

Magnum Bikes Inc Overview

Website
www.magnumbikes.com
Founded In
2010
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
629 S State St Salt Lake City Utah UT 84111
Revenue
$5 Million - $10 Million
Phone Number
+1 3233752666
Social Media
About Magnum Bikes Inc
Founded in 2010 Magnum Bikes has been a leader in innovation and design of electric bicycles. We believe electric bicycles are changing the concept of travel providing a clean, efficient and exciting new mode of transportation that is affordable to all. Our innovation, design and focus on quality allows us to produce stunning high level electric bicycles that lead the e-bike market internationally

What Benefits Does Magnum Bikes Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnum Bikes 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 Salt Lake City?

Understanding the cost of living near Salt Lake City is key to truly evaluating a salary offer or your current compensation at Magnum Bikes Inc.
Salt Lake City's Cost of Living Index is approximately 104.3 (4.3% more expensive than US average; 2.8% more than UT average). State capital, growing tech scene, housing costs above US avg. UTA bus/TRAX/FrontRunner. When planning your budget based on a salary from Magnum Bikes Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Magnum Bikes Inc salary. Location choices impact this heavily.
Utilities (Basic) $100 - $180 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (UTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,675 - $4,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnum Bikes Inc

1. What is the average salary for employees at Magnum Bikes Inc?

The average annual total compensation for employees at Magnum Bikes Inc is approximately $83,213. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,290 to $93,893, depending on factors like job role, experience, and location.

2. How much does Magnum Bikes Inc pay compared to Rival?

The average annual salary at Magnum Bikes Inc is $83,213, or an hourly wage of $40, in comparison to Rival which pays $85,365 per year or $41 per hour.

3. What is the lowest salary at Magnum Bikes Inc?

The lowest-paying job at Magnum Bikes Inc is a HR Administrator with a salary of $46,250 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Magnum Bikes Inc?

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 Magnum Bikes Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Magnum Bikes Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Salt Lake City?

While some companies offer formal COLA, many, including potentially Magnum Bikes Inc, 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.

6. What's the typical process for salary reviews and raises at Magnum Bikes Inc?

Most companies, likely including Magnum Bikes Inc, 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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