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National Magnet & Supply Co Salary

National Magnet & Supply Co Salary

How much does the National Magnet & Supply Co Pay for employees?

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As of October 2026, the average annual salary for employees at National Magnet & Supply Co in the United States is $103,792. This translates to an approximate hourly wage of $50. Salaries at National Magnet & Supply Co typically range from $91,287 to $117,366 annually, reflecting the diverse roles and experience levels within the company. National Magnet & Supply Co’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 National Magnet & Supply Co Pay for Different Roles?

Explore detailed salary information for specific jobs at National Magnet & Supply Co. 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 National Magnet & Supply Co

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

Is National Magnet & Supply Co’s Pay Competitive? Salary Benchmarking Analysis

How does National Magnet & Supply Co’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
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Average Salary ($/year)
National Magnet & Supply Co
Retail & Wholesale
Brede Tool & Supply Inc
Bristal Metal Products Inc
Industry Comparison
Our data shows that, on average, compensation at National Magnet & Supply Co is below the average for the U.S. Retail & Wholesale industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared National Magnet & Supply Co average annual salary with several similar companies. National Magnet & Supply Co average salary of $103,792 is higher than Brede Tool & Supply Inc, which has an average salary of $89,268. It is higher than Bristal Metal Products Inc, with their average salary at $88,772. This places National Magnet & Supply Co 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 National Magnet & Supply Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at National Magnet & Supply Co. Click a company name to learn more.

Employee Reviews: Working at National Magnet & Supply Co

Considering a career at National Magnet & Supply Co? 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.
Coworkers are knowledgeable and create a positive work atmosphere. Colleagues are friendly and collaborative. Highly recommend for ambitious retail professionals. The pay is on par with industry standards. The benefits package is standard, and the work environment is professional.
Commented in May 17, 2025
38
1
The team is collaborative, and management is supportive. The company offers good training and career advancement opportunities. The benefits are strong, and coworkers are helpful. The company also gives back to the community, which adds to its positive reputation. The team is collaborative, and management is approachable. Coworkers are supportive, and teamwork is a core value.
Commented in January 22, 2025
48
1
The team is professional, though not overly social. The benefits are in line with industry standards. The retail space is organized, and schedules are consistent.
Commented in July 29, 2024
29
3

National Magnet & Supply Co Overview

Website
www.nationalmagnet.com
Founded In
2008
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
15 West Mall Plainview New York NY 11803
Revenue
<$5 Million
Phone Number
+1 5167527990
Social Media
About National Magnet & Supply Co
National Magnet is the world's leading manufacturer and #1 source for custom imprinted and hand-held sorting magnets for the scrap metal recycling and other metal related industries. We are also the world's leading manufacturer of magnetic reed switch activation keys.

What Benefits Does National Magnet & Supply Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. National Magnet & Supply Co 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at National Magnet & Supply Co.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from National Magnet & Supply Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of National Magnet & Supply Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of National Magnet & Supply Co

1. What is the typical salary range (low to high) for most roles at National Magnet & Supply Co?

The typical annual salary range for most roles at National Magnet & Supply Co is approximately from $91,287 to $117,366. 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. How much does National Magnet & Supply Co pay compared to Brede Tool & Supply Inc?

The average annual salary at National Magnet & Supply Co is $103,792, or an hourly wage of $50, in comparison to Brede Tool & Supply Inc which pays $89,268 per year or $43 per hour.

3. How does experience level affect salary at National Magnet & Supply Co?

Experience level is a significant factor in determining salary at National Magnet & Supply Co, 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.

4. How can I determine if a salary offer from National Magnet & Supply Co in New York is fair given the local cost of living?

To determine if a salary offer from National Magnet & Supply Co in New York is fair, first compare the gross salary to our data for similar roles at National Magnet & Supply Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

5. Are the salaries listed for National Magnet & Supply Co on Salary.com pre-tax or after-tax?

All salary figures displayed for National Magnet & Supply Co, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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