Magnus Engineered Equipment Salary

Magnus Engineered Equipment Salary

How Much Does Magnus Engineered Equipment Pay for employees?

Salaries

Job Openings

Overview

Reviews

Similar Company

FAQ

Recommended HR Topics
Compensation Planning Hot Insights on Your Competitors' PayNew Global Market Data New Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average weekly salary for employees at Magnus Engineered Equipment in the United States is $1,449. This translates to an approximate annual wage of $75,337. Salaries at Magnus Engineered Equipment typically range from $1,274 to $1,644 weekly, reflecting the diverse roles and experience levels within the company. Magnus Engineered Equipment’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 Engineered Equipment 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.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

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 Magnus Engineered Equipment.
Loading results...

About Magnus Engineered Equipment: Company Profile

Website
www.magnusequipment.com
Founded In
1921
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
CLEVELAND
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MAGNUS ENGINEERED EQUIPMENT
Since its beginnings in 1921, Magnus Engineered Equipment has firmly established itself as a world leader in the design and manufacture of industrial parts cleaning equipment using specialized immersion cleaning technology. Standard and custom systems are produced for parts cleaning, degreasing, and metal treatment using both aqueous and safety solvent systems for parts ranging from small intricat

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnus Engineered Equipment's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Leadership communicates company goals clearly and celebrates team achievements. Safety standards are rigorous, creating a secure workplace environment. The communication channels are open, and employee feedback is genuinely encouraged and acted upon. Processes are followed but could be modernized. Training varies by team and shift.
Commented in February 26, 2025
15
3
The competitive wages and comprehensive benefits package show how much the company values its workforce. Competitive pay with solid benefits keeps employees motivated. Onboarding was helpful, but brief. Productivity is fine, and quality standards are enforced. A strong sense of teamwork and accountability keeps this place moving efficiently. Training is comprehensive, and collaboration across shif...
Commented in February 24, 2025
32
1
Morale is generally high thanks to regular appreciation events and bonuses. The work environment is positive and collaborative, with regular recognition of employee contributions. There’s a strong sense of teamwork, and management actively encourages open communication, which makes for a much better working day and a positive overall experience. This company genuinely cares about its employees. Th...
Commented in March 06, 2024
18
0

How Magnus Engineered Equipment's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Magnus Engineered Equipment’s pay competitiveness. Click on a company for a deeper dive.

Is Magnus Engineered Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Magnus Engineered Equipment’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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Magnus Engineered Equipment
MFG Durable
MIDSOUTHPOWER
MIES PRODUCTS
Industry Comparison
Our data shows that, on average, compensation at Magnus Engineered Equipment is below the average for the U.S. MFG Durable industry by approximately 38%. 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 Engineered Equipment average annual salary with several similar companies. Magnus Engineered Equipment average salary of $75,337 is higher than MIDSOUTHPOWER, which has an average salary of $72,567. It is higher than MIES PRODUCTS, with their average salary at $74,222. This places Magnus Engineered Equipment in a competitive 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Magnus Engineered Equipment.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Magnus Engineered Equipment, 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 Magnus Engineered Equipment salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnus Engineered Equipment

FAQ 1: What is the average salary for employees at Magnus Engineered Equipment?
The average annual total compensation for employees at Magnus Engineered Equipment is approximately $75,337. However, this is an aggregate figure, actual salaries can range significantly, typically from $66,254 to $85,488, depending on factors like job role, experience, and location.
FAQ 2: How much does Magnus Engineered Equipment pay compared to MIDSOUTHPOWER?
The average annual salary at Magnus Engineered Equipment is $75,337, or an hourly wage of $36, in comparison to MIDSOUTHPOWER which pays $72,567 per year or $35 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Magnus Engineered Equipment?
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 Magnus Engineered Equipment for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Magnus Engineered Equipment offer cost-of-living adjustments (COLA) for employees in high-cost areas like Cleveland?
While some companies offer formal COLA, many, including potentially Magnus Engineered Equipment, 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 Magnus Engineered Equipment?
Most companies, likely including Magnus Engineered Equipment, 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.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning