Magnus Electric LC Salary

How much does the Magnus Electric LC Pay for employees?

As of August 2026, the average annual salary for employees at Magnus Electric LC in the United States is $83,340. This translates to an approximate hourly wage of $40. Salaries at Magnus Electric LC typically range from $73,418 to $94,052 annually, reflecting the diverse roles and experience levels within the company. Magnus Electric LC’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 Magnus Electric LC Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnus Electric LC. 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 Magnus Electric LC

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

Is Magnus Electric LC’s Pay Competitive? Salary Benchmarking Analysis

How does Magnus Electric LC’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)
Magnus Electric LC
Construction
Amer Electric Motion
S&H Remodeling Inc
Industry Comparison
Our data shows that, on average, compensation at Magnus Electric LC is below the average for the U.S. Construction industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magnus Electric LC average annual salary with several similar companies. Magnus Electric LC average salary of $83,340 is lower than Amer Electric Motion, which has an average salary of $93,223. It is lower than S&H Remodeling Inc, with their average salary at $88,150. This places Magnus Electric LC in a developing position among its peers.
See Your True Competitors
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Employee Reviews: Working at Magnus Electric LC

Considering a career at Magnus Electric LC? 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.
The company means well, but consistency is still a work in progress. Working here provides exposure to diverse and challenging projects, which keeps the job exciting. There’s an emphasis on safety, and it is all crews follow through equally. This supportive social environment is a big part of why I enjoy coming to work on our construction sites each day now.
Even when faced with tight deadlines or unexpected issues on a construction project, the team pulls together with a positive, problem-solving attitude. This company delivers on its promises—steady work, fair pay, and a professional structure—but it doesn’t go above and beyond. Great people, great culture, and reliable support from the top down. The projects are challenging but rewarding, and there...
For anyone serious about construction, this is a solid employer with long-term potential and a good reputation in the field. Safety drills and toolbox talks are regular and informative. The company prioritizes safety, providing thorough training and equipment to ensure all employees work in a secure environment. They invest in training, recognize effort, and ensure projects stay on track without s...

Magnus Electric LC Overview

Website
www.magnuselectric.com
Founded In
2015
Employees
<25 employees
Industry
Construction
Headquarter Address
PO Box 651272 Salt Lake City Utah UT 84165
Revenue
<$5 Million
Phone Number
+1 8014728877
Social Media
About Magnus Electric LC
Magnus Electric LC is a company that operates in the Construction industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Salt Lake City, Utah.

What Benefits Does Magnus Electric LC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnus Electric LC 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 Magnus Electric LC.
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 Magnus Electric LC, 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 Magnus Electric LC 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 Magnus Electric LC

1. How much does Magnus Electric LC in the United States pay?

Magnus Electric LC pays its employees an average of $83,340 per year. The average salary at Magnus Electric LC range from $73,418 to $94,052 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. Do Magnus Electric LC employees get a higher salary than its peer company?

The salary at Magnus Electric LC is lesser than its peer company. The average annual salary at Magnus Electric LC is $83,340, or an hourly wage of $40, in comparison to Amer Electric Motion which pays $93,223 per year or $45 per hour.

3. How much does salary increase with years of experience at Magnus Electric LC?

Salary progression with years of experience at Magnus Electric LC is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Magnus Electric LC vary by office location?

Yes, it's very likely that salaries at Magnus Electric LC vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Salt Lake City section provides more context.

5. Does Magnus Electric LC offer good benefits?

Magnus Electric LC typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Magnus Electric LC" section on this page.