Premier Magnetics Inc Salary

How much does the Premier Magnetics Inc Pay for employees?

As of August 2026, the average annual salary for employees at Premier Magnetics Inc in the United States is $98,909. This translates to an approximate hourly wage of $48. Salaries at Premier Magnetics Inc typically range from $87,118 to $111,611 annually, reflecting the diverse roles and experience levels within the company. Premier 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 Premier Magnetics Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Premier Magnetics Inc. 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 Premier Magnetics Inc

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

Is Premier Magnetics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Premier Magnetics Inc’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
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Average Salary ($/year)
Premier Magnetics Inc
MFG Durable
Scotts Valley Magnetics Inc
Ikp Electronics Co Ltd
Industry Comparison
Our data shows that, on average, compensation at Premier Magnetics Inc is below the average for the U.S. MFG Durable industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Premier Magnetics Inc average annual salary with several similar companies. Premier Magnetics Inc average salary of $98,909 is higher than Scotts Valley Magnetics Inc, which has an average salary of $96,883. It is higher than Ikp Electronics Co Ltd, with their average salary at $89,785. This places Premier 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.

Employee Reviews: Working at Premier Magnetics Inc

Considering a career at Premier Magnetics Inc? 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.
I come in, do my job, and leave without too many issues. The company provides job stability and routine benefits but faces challenges with communication and collaboration between departments. What makes this company stand out is the mutual respect between employees and management. Benefits are comprehensive, including wellness programs and career development opportunities. Leadership supports empl...
This company offers a refreshing work atmosphere for the manufacturing industry. The combination of skilled colleagues and visionary leadership creates an environment where quality and efficiency thrive. Training is offered but can be generic. This manufacturing company stands out for its progressive approach to industrial work. Cross-functional collaboration is strong, and deadlines are respected...
This dedication makes me proud to be part of their team. I’m constantly impressed by our commitment to quality. At this manufacturing company, employees benefit from a strong focus on safety, quality, and continuous improvement. Safety is prioritized but sometimes inconsistently enforced. This job delivers stability and clarity in expectations.

Premier Magnetics Inc Overview

Website
www.premiermag.com
Founded In
1991
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
20381 Barents Sea Cir Lake Forest California CA 92630
Revenue
<$5 Million
Phone Number
+1 9494520511
Social Media
About Premier Magnetics Inc
Premier Magnetics, incorporated in 1991, has become a recognized world leader as a multinational company producing and marketing a broad range of magnetics components. Premier has been providing quality products to the Communication, Computer, Industrial, and Medical industries, as well as various government and military agencies around the world. We are world class designers and manufactures of t

What Benefits Does Premier Magnetics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Premier Magnetics Inc 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Premier Magnetics Inc.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Premier Magnetics Inc, 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 Premier Magnetics Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) 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) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Premier Magnetics Inc

1. What is the typical salary range (low to high) for most roles at Premier Magnetics Inc?

The typical annual salary range for most roles at Premier Magnetics Inc is approximately from $87,118 to $111,611. 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 Premier Magnetics Inc pay compared to Scotts Valley Magnetics Inc?

The average annual salary at Premier Magnetics Inc is $98,909, or an hourly wage of $48, in comparison to Scotts Valley Magnetics Inc which pays $96,883 per year or $47 per hour.

3. Do salaries differ significantly between departments at Premier Magnetics Inc?

Yes, salaries often differ between departments at Premier Magnetics Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Premier Magnetics Inc?

Experience level is a significant factor in determining salary at Premier Magnetics Inc, 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.

5. How can I determine if a salary offer from Premier Magnetics Inc in Los Angeles is fair given the local cost of living?

To determine if a salary offer from Premier Magnetics Inc in Los Angeles is fair, first compare the gross salary to our data for similar roles at Premier Magnetics Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Los Angeles" to understand its purchasing power.

6. Are the salaries listed for Premier Magnetics Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Premier Magnetics Inc, 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.