Magstim Salary

How Much Does Magstim Pay for employees?

As of August 2026, the average monthly salary for employees at Magstim in the United States is $8,056. This translates to an approximate annual wage of $96,675. Salaries at Magstim typically range from $7,100 to $9,110 monthly, reflecting the diverse roles and experience levels within the company. Magstim’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 Magstim 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.

Account Executive- Houston, TX

$110,009 / year

Salary Range: $93,784 - $128,281

Account Management III

Client Service Representative (Remote)

$40,813 / year

Salary Range: $36,878 - $45,082

Network Services

CRM Coordinator

$68,259 / year

Salary Range: $58,446 - $78,924

Project Planning

Data Entry Specialist

$40,992 / year

Salary Range: $37,892 - $44,632

Warehouse

eCommerce Account Manager

$135,822 / year

Salary Range: $118,310 - $156,518

Merchandise Operations

EDI Specialist

$78,597 / year

Salary Range: $68,991 - $90,128

Healthcare Data Analysis

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 Magstim.
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About Magstim: Company Profile

Website
www.magstim.com
Founded In
1990
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Location
EDEN PRAIRIE
Revenue
<$5 Million
Phone Number
-
Social Media
About MAGSTIM
Based in Wales, The Magstim Company Ltd is engaged in the research, development, manufacture and marketing of medical and research devices within the neurological and surgical fields. Through our products, we enable researchers and clinicians to assess, protect and improve the functioning of the nervous system in various applications. Our principal products are: Magstim (www.magstim.com) - a range

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magstim's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Surprisingly good work-life balance for biotech. This interdisciplinary approach not only enhances our problem-solving capabilities but also provides diverse learning opportunities, enriching our professional experience and contributing to overall company success. Challenges are embraced together, making growth both personal and collective. It's inspiring to contribute to therapies that genuinely ...
The company's commitment to diversity, equity, and inclusion is clear and actively practiced throughout the organization. Some initiatives feel reactionary rather than strategic. Interdepartmental collaboration is smooth, and everyone is passionate about the company’s mission. Transparent goals, strong communication, and a mission-oriented culture make this company outstanding. Collaboration acros...
Employees receive ample resources and encouragement to grow professionally and personally. Leadership is transparent, and teamwork is encouraged across departments. Cryopreservation viability was >95%. There’s strong emphasis on learning, development, and shared success.

Is Magstim’s Pay Competitive? Salary Benchmarking Analysis

How does Magstim’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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90k
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Average Salary ($/year)
Magstim
Biotechnology
MICRONIC
MAGNOLIA MEDICAL TECHNOLOGIES
Industry Comparison
Our data shows that, on average, compensation at Magstim is below the average for the U.S. Biotechnology industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magstim average annual salary with several similar companies. Magstim average salary of $96,675 is higher than MICRONIC, which has an average salary of $95,174. It is lower than MAGNOLIA MEDICAL TECHNOLOGIES, with their average salary at $99,261. This places Magstim in a mid-range 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 Eden Prairie?

Understanding the cost of living near Eden Prairie is key to truly evaluating a salary offer or your current compensation at Magstim.
Eden Prairie's Cost of Living Index is approximately 115.3 (15.3% more expensive than US average; 18.7% more than MN average). Affluent Mpls suburb, excellent schools, high housing costs. SW Transit, Metro Transit. When planning your budget based on a salary from Magstim, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Magstim salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation Metro Transit/SW Transit (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,010 - $4,800+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magstim

FAQ 1: What is the average salary for employees at Magstim?
The average annual total compensation for employees at Magstim is approximately $96,675. However, this is an aggregate figure, actual salaries can range significantly, typically from $85,199 to $109,317, depending on factors like job role, experience, and location.
FAQ 2: How much does Magstim pay compared to MICRONIC?
The average annual salary at Magstim is $96,675, or an hourly wage of $46, in comparison to MICRONIC which pays $95,174 per year or $46 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Magstim?
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 Magstim for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Magstim offer cost-of-living adjustments (COLA) for employees in high-cost areas like Eden Prairie?
While some companies offer formal COLA, many, including potentially Magstim, 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 Magstim?
Most companies, likely including Magstim, 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.