Magnus Equipment Salary

How Much Does Magnus Equipment Pay for employees?

As of October 2026, the average annual salary for employees at Magnus Equipment in the United States is $74,906. This translates to an approximate hourly wage of $36. Salaries at Magnus Equipment typically range from $65,875 to $84,999 annually, reflecting the diverse roles and experience levels within the company. Magnus 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 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 Equipment.
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About Magnus Equipment: Company Profile

Website
www.magnusequipment.com
Founded In
1921
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
WILLOUGHBY
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MAGNUS 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 Equipment's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Management leads by example, showing respect and appreciation for everyone's hard work. It’s a reliable workplace that respects time, values results, and celebrates milestones together as a team. Benefits are competitive, including health insurance and retirement plans. Flexible scheduling options contribute to a healthy work-life balance.
The plant meets industry norms. High-quality production with consistent results every time. This company has cultivated an excellent work culture where employees feel genuinely supported and appreciated. Training opportunities exist but can be inconsistent and generic. They offer numerous opportunities for skill enhancement and career progression, actively promoting from within. Promotion is possi...
Safety measures are in place but inconsistently enforced. Management is competent but occasionally takes time to respond. This shared goal creates a strong sense of unity. There is no limited interaction across departments, and collaboration is emphasized.

Is Magnus Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Magnus 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
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120k
90k
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Average Salary ($/year)
Magnus Equipment
MFG Durable
MEMOREX
MAXMAR CONTROLS
Industry Comparison
Our data shows that, on average, compensation at Magnus 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 Equipment average annual salary with several similar companies. Magnus Equipment average salary of $74,906 is lower than MEMOREX, which has an average salary of $80,366. It is lower than MAXMAR CONTROLS, with their average salary at $76,623. This places Magnus Equipment 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Magnus 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 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 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 Equipment

FAQ 1: What is the typical salary range (low to high) for most roles at Magnus Equipment?
The typical annual salary range for most roles at Magnus Equipment is approximately from $65,875 to $84,999. 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.
FAQ 2: How much does Magnus Equipment pay compared to MEMOREX?
The average annual salary at Magnus Equipment is $74,906, or an hourly wage of $36, in comparison to MEMOREX which pays $80,366 per year or $39 per hour.
FAQ 3: How does experience level affect salary at Magnus Equipment?
Experience level is a significant factor in determining salary at Magnus Equipment, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Magnus Equipment in Cleveland is fair given the local cost of living?
To determine if a salary offer from Magnus Equipment in Cleveland is fair, first compare the gross salary to our data for similar roles at Magnus Equipment and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Cleveland" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Magnus Equipment?
Several key factors influence salary levels at Magnus Equipment. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Magnus Equipment likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.