Niron Magnetics, Inc. Salary

How Much Does Niron Magnetics, Inc. Pay for employees?

As of October 2026, the average annual salary for employees at Niron Magnetics, Inc. in the United States is $77,709. This translates to an approximate hourly wage of $37. Salaries at Niron Magnetics, Inc. typically range from $68,344 to $88,176 annually, reflecting the diverse roles and experience levels within the company. Niron Magnetics, Inc.’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 Niron Magnetics, Inc. 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

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About Niron Magnetics, Inc.: Company Profile

Website
Data pending, update soon.
Founded In
2013
Employees
<25 employees
Industry
MFG Durable
Headquarter Location
MINNEAPOLIS
Revenue
<$5 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Niron Magnetics, Inc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
I’m proud of the quality products we manufacture. Problem-solving approaches are collaborative. Work-life balance is genuinely supported here, with predictable shift schedules and management's respect for our personal time. The attention to detail and commitment to excellence are evident in every item produced.
This attention to the manufacturing environment demonstrates a respect for employees and contributes to a more positive and efficient atmosphere, reducing daily frustrations for everyone. They understand the intricacies of our manufacturing processes and are always available to help troubleshoot issues or provide guidance. Good, stable work with consistent hours. Booking systems are intuitive.
This financial security and appreciation for our hard work make it a very attractive place to build a long-term career in the manufacturing industry for myself and my colleagues. The compensation package, including competitive wages, comprehensive health insurance, and a robust retirement savings plan, is excellent. Employees at all levels are actively encouraged to identify areas for enhancement,...

Is Niron Magnetics, Inc.’s Pay Competitive? Salary Benchmarking Analysis

How does Niron Magnetics, Inc.’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
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Average Salary ($/year)
Niron Magnetics, Inc.
MFG Durable
TOPOS MONDIAL CORPORATION
BYRNE CANDLE CO INC
Industry Comparison
Our data shows that, on average, compensation at Niron Magnetics, Inc. is below the average for the U.S. MFG Durable industry by approximately 36%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Niron Magnetics, Inc. average annual salary with several similar companies. Niron Magnetics, Inc. average salary of $77,709 is higher than TOPOS MONDIAL CORPORATION, which has an average salary of $72,209. It is higher than BYRNE CANDLE CO INC, with their average salary at $67,050. This places Niron Magnetics, Inc. 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Niron Magnetics, Inc..
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Niron Magnetics, Inc., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Niron Magnetics, Inc. salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Niron Magnetics, Inc.

FAQ 1: What is the estimated average total compensation at Niron Magnetics, Inc.?
Salary.com estimates that the average total compensation package at Niron Magnetics, Inc., which can include base salary, potential bonuses, and benefits, is around $77,709 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Niron Magnetics, Inc. pay compared to TOPOS MONDIAL CORPORATION?
The average annual salary at Niron Magnetics, Inc. is $77,709, or an hourly wage of $37, in comparison to TOPOS MONDIAL CORPORATION which pays $72,209 per year or $35 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Niron Magnetics, Inc.?
Salary progression from an entry-level to a senior role at Niron Magnetics, Inc. can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Niron Magnetics, Inc. in Minneapolis is fair given the local cost of living?
To determine if a salary offer from Niron Magnetics, Inc. in Minneapolis is fair, first compare the gross salary to our data for similar roles at Niron Magnetics, Inc. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.
FAQ 5: Are promotions at Niron Magnetics, Inc. usually accompanied by a significant salary increase?
Yes, promotions at Niron Magnetics, Inc. are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.