SGM Magnetics Corp Salary

SGM Magnetics Corp Salary

How much does the SGM Magnetics Corp Pay for employees?

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As of August 2026, the average annual salary for employees at SGM Magnetics Corp in the United States is $83,361. This translates to an approximate hourly wage of $40. Salaries at SGM Magnetics Corp typically range from $73,427 to $94,064 annually, reflecting the diverse roles and experience levels within the company. SGM Magnetics Corp’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 SGM Magnetics Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at SGM Magnetics Corp. 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 SGM Magnetics Corp

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

Is SGM Magnetics Corp’s Pay Competitive? Salary Benchmarking Analysis

How does SGM Magnetics Corp’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)
SGM Magnetics Corp
MFG Durable
Patio Products Mfg Inc
Axenic-UV Inc
Industry Comparison
Our data shows that, on average, compensation at SGM Magnetics Corp is below the average for the U.S. MFG Durable industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared SGM Magnetics Corp average annual salary with several similar companies. SGM Magnetics Corp average salary of $83,361 is higher than Patio Products Mfg Inc, which has an average salary of $82,559. It is lower than Axenic-UV Inc, with their average salary at $85,449. This places SGM Magnetics Corp 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.

How SGM Magnetics Corp's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at SGM Magnetics Corp

Considering a career at SGM Magnetics Corp? 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.
Benefits are solid, and there's a real commitment to improving systems and morale. Training was straightforward, and my team was very welcoming. The organization values innovation and continuous process improvement, encouraging employees to contribute ideas. The company also invests in modern equipment and processes, which makes the work more engaging and helps us stay competitive. It’s not just a...
Commented in March 05, 2025
15
3
Communication between departments sometimes lacks clarity. Work is steady and it is excitement or variation. The facilities are modern, clean, and well-maintained. The job is fine for those looking for routine. Training is available and it is somehow tailored or frequent. Leadership invests in training and development, encouraging career growth. Daily tasks are manageable, and the environment is ...
Commented in February 25, 2025
39
2
Communication is generally clear but could improve in some areas. The leadership is visionary and highly effective. From onboarding to regular workdays, the process is smooth and well-organized. The company's lean manufacturing approach eliminates waste and improves quality. Employees appreciate the flexible scheduling options and recognition programs that celebrate achievements.
Commented in August 26, 2024
11
3

SGM Magnetics Corp Overview

Website
www.sgmmagnetics.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2023 59th Ter E Bradenton Florida FL 34203
Revenue
<$5 Million
Phone Number
+1 9413428800
Social Media
About SGM Magnetics Corp
Through the years, SGM has developed a position of pioneer and leader on industrial lifting magnets and has extended its magnetic separation expertise to other in-house separation technologies that are inductive based sensor separators, X-ray separators, color sorters, gravimetric separation and processes. The SGM business model is based on providing technological expertise and to being close to i

What Benefits Does SGM Magnetics Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. SGM Magnetics Corp 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 Bradenton?

Understanding the cost of living near Bradenton is key to truly evaluating a salary offer or your current compensation at SGM Magnetics Corp.
Bradenton's Cost of Living Index is approximately 99.1 (0.9% less expensive than US average; 3.9% less than FL average). Manatee County city south of Tampa Bay, housing near US average. MCAT bus. When planning your budget based on a salary from SGM Magnetics Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of SGM Magnetics Corp salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (MCAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,620 - $4,120+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of SGM Magnetics Corp

1. What is the average salary for employees at SGM Magnetics Corp?

The average annual total compensation for employees at SGM Magnetics Corp is approximately $83,361. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,427 to $94,064, depending on factors like job role, experience, and location.

2. How much does SGM Magnetics Corp pay compared to Patio Products Mfg Inc?

The average annual salary at SGM Magnetics Corp is $83,361, or an hourly wage of $40, in comparison to Patio Products Mfg Inc which pays $82,559 per year or $40 per hour.

3. What is the lowest salary at SGM Magnetics Corp?

The lowest-paying job at SGM Magnetics Corp is a Group Manager, Marketing with a salary of $90,798 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at SGM Magnetics Corp?

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 SGM Magnetics Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does SGM Magnetics Corp offer cost-of-living adjustments (COLA) for employees in high-cost areas like Bradenton?

While some companies offer formal COLA, many, including potentially SGM Magnetics Corp, 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.

6. What's the typical process for salary reviews and raises at SGM Magnetics Corp?

Most companies, likely including SGM Magnetics Corp, 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.

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