Megadyne Group Salary

Megadyne Group Salary

How much does the Megadyne Group Pay for employees?

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As of August 2026, the average annual salary for employees at Megadyne Group in the United States is $125,584. This translates to an approximate hourly wage of $60. Salaries at Megadyne Group typically range from $110,448 to $142,022 annually, reflecting the diverse roles and experience levels within the company. Megadyne Group’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 Megadyne Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Megadyne Group. 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.
How accurate does the salary look to you?

Current Job Openings at Megadyne Group

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

Is Megadyne Group’s Pay Competitive? Salary Benchmarking Analysis

How does Megadyne Group’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
180k
150k
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90k
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Average Salary ($/year)
Megadyne Group
MFG Durable
us.messer-cutting.com
Malnove Inc
Industry Comparison
Our data shows that, on average, compensation at Megadyne Group is above the average for the U.S. MFG Durable industry by approximately 3%. This positioning suggests their pay is competitive within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Megadyne Group average annual salary with several similar companies. Megadyne Group average salary of $125,584 is higher than us.messer-cutting.com, which has an average salary of $106,619. It is higher than Malnove Inc, with their average salary at $102,885. This places Megadyne Group 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.

How Megadyne Group's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Megadyne Group. Click a company name to learn more.

Employee Reviews: Working at Megadyne Group

Considering a career at Megadyne Group? 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 prioritizes employee safety and well-being, offering extensive health and wellness benefits. For those who appreciate routine and low interpersonal demand, this place will suit you fine. You can tell the company invests in both technology and people, which keeps work efficient and safe. I'm proud to be part of this manufacturing team. It's inspiring to be part of an organization that v...
Commented in March 24, 2025
19
3
Safety practices meet regulations but lack extra initiatives. Training is comprehensive, and cross-department collaboration is strong. Workload intensity varies, sometimes causing stress during peak production. The company feels stable, with steady demand and minimal layoffs.
Commented in February 23, 2025
47
2
What I appreciate most is the emphasis on safety. It's gratifying to be part of an organization that consistently produces excellent products while maintaining such high standards for employee treatment and development. It's motivating to work for an organization that continuously invests in both its processes and its workforce. Benefits are competitive, and recognition programs regularly celebrat...
Commented in March 20, 2024
21
0

Megadyne Group Overview

Website
www.megadynegroup.com
Founded In
1985
Employees
500 - 1,000 employees
Industry
MFG Durable
Headquarter Address
5 Dedrick Poland Caldwell New Jersey NJ 07006
Revenue
$200 Million - $500 Million
Phone Number
+1 8015769669
Social Media
About Megadyne Group
Megadyne offers a wide variety of standard items and special products designed to satisfy specific customer requirements. Here below you can find our main products. To discover all our range, click PRODUCTS into the menu. Our belts are designed to working efficiently in any kind of machine, serving most of the industrial sectors such as textile, chemical, wood and many others. Discover all of them

What Benefits Does Megadyne Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Megadyne Group 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Megadyne Group.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Megadyne Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Megadyne Group salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Megadyne Group

1. How much does Megadyne Group in the United States pay?

Megadyne Group pays its employees an average of $125,584 per year. The average salary at Megadyne Group range from $110,448 to $142,022 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 Megadyne Group employees get a higher salary than its peer company?

The salary at Megadyne Group is higher than its peer company. The average annual salary at Megadyne Group is $125,584, or an hourly wage of $60, in comparison to us.messer-cutting.com which pays $106,619 per year or $51 per hour.

3. What are the highest paying jobs at Megadyne Group?

The higher-paying job at Megadyne Group, according to our data, include Managing Director (avg. $972,134 per year), Vice President, Research & Development (avg. $334,714 per year), and Area General Manager (avg. $334,623 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Megadyne Group?

Salary progression with years of experience at Megadyne Group 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.

5. Do salaries at Megadyne Group vary by office location?

Yes, it's very likely that salaries at Megadyne Group 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 Jersey City section provides more context.

6. Does Megadyne Group offer good benefits?

Megadyne Group 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 Megadyne Group" section on this page.

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