Magnum Electric Salary

How Much Does Magnum Electric Pay for employees?

As of August 2026, the average annual salary for employees at Magnum Electric in the United States is $62,781. This translates to an approximate hourly wage of $30. Salaries at Magnum Electric typically range from $55,154 to $71,475 annually, reflecting the diverse roles and experience levels within the company. Magnum Electric’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 Electric 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.

Business Development Representative

$88,392 / year

Salary Range: $78,558 - $100,049

Business Development

Comfort Advisor

$102,081 / year

Salary Range: $89,023 - $115,014

Production

Customer Resolution Representative

$89,284 / year

Salary Range: $78,772 - $100,942

Safety and Security

Customer Service / Dispatcher

$34,942 / year

Salary Range: $31,329 - $41,840

Retail

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Dispatcher

$50,054 / year

Salary Range: $43,733 - $58,018

Logistics

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 Magnum Electric.
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About Magnum Electric: Company Profile

Website
www.magnumelectric.net
Founded In
1989
Employees
100 - 200 employees
Industry
Construction
Headquarter Location
JAMESTOWN
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MAGNUM ELECTRIC
Magnum Electric is a full service electrical contractor with offices in Fargo ND, Jamestown ND, Bismarck ND, Dickinson ND, Detroit Lakes MN, and at times also performs projects across the US in TX, CO, MO, MN, MT, and beyond. We work on projects small and large, and across various levels of difficulty from the smallest remodel or retrofit, to complex multimillion dollar new design-build facilities

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnum Electric's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
I’m proud to be part of a company that builds with integrity. This recognition for our collective hard work and achievements is a great motivator and strengthens team bonds. We work with up-to-date tools and follow well-organized plans. I’ve seen real career progression here. The company is financially stable but risk-averse, leading to adoption of new technologies and methods.
It's inspiring to see the tangible results of our hard work shaping skylines and infrastructure. Benefits are competitive and include paid time off and health coverage. Training exists but is more informal and hands-on. Emphasis on quality workmanship. This behind-the-scenes coordination is vital for maintaining productivity and minimizing downtime for the crews, allowing us to focus on the build ...
Teams function well, but leadership doesn’t always connect with what's happening on-site. Projects are diverse, so you’re always learning something new. Advancement depends largely on who you know. Each new site brings unique challenges and learning opportunities, preventing monotony and fostering continuous professional growth, which is something I greatly appreciate as an employee.

Is Magnum Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Magnum Electric’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
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Average Salary ($/year)
Magnum Electric
Construction
MACELECTRICCOMPANY
MAXWELL ELECTRIC
Industry Comparison
Our data shows that, on average, compensation at Magnum Electric is below the average for the U.S. Construction industry by approximately 48%. 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 Electric average annual salary with several similar companies. Magnum Electric average salary of $62,781 is lower than MACELECTRICCOMPANY, which has an average salary of $68,077. It is lower than MAXWELL ELECTRIC, with their average salary at $74,744. This places Magnum Electric 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.

What Is the Cost of Living Near Fargo?

Understanding the cost of living near Fargo is key to truly evaluating a salary offer or your current compensation at Magnum Electric.
Fargo's Cost of Living Index is approximately 90.8 (9.2% less expensive than US average; 4.9% less than ND average). Largest ND city (NDSU), affordable housing, cold winters. MATBUS. When planning your budget based on a salary from Magnum Electric, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Magnum Electric salary. Location choices impact this heavily.
Utilities (Basic) $120 - $220 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (MATBUS 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 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,125 - $3,425+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnum Electric

FAQ 1: What is the average salary for employees at Magnum Electric?
The average annual total compensation for employees at Magnum Electric is approximately $62,781. However, this is an aggregate figure, actual salaries can range significantly, typically from $55,154 to $71,475, depending on factors like job role, experience, and location.
FAQ 2: How much does Magnum Electric pay compared to MACELECTRICCOMPANY?
The average annual salary at Magnum Electric is $62,781, or an hourly wage of $30, in comparison to MACELECTRICCOMPANY which pays $68,077 per year or $33 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Magnum Electric?
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 Electric for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Magnum Electric offer cost-of-living adjustments (COLA) for employees in high-cost areas like Fargo?
While some companies offer formal COLA, many, including potentially Magnum Electric, 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.
FAQ 5: What's the typical process for salary reviews and raises at Magnum Electric?
Most companies, likely including Magnum Electric, 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.