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Magna-Power overview

Industry
Electronics Manufacturer
Revenue
Headquarters
Employees
50
Founded in
Website
Organization type
Private
Social media
Magna-Power designs and manufactures robust current-fed programmable DC power supplies that set industry standards for quality, size and control. The company's experience in power electronics is reflected in its 1.5 kW to 2000 kW+ product line, quality service, and reputation for excellence.
Founded in 1981, Magna-Power is an established company that loves to hire graduates from Stratford University, with 28.0% of its employees having attended Stratford University. Magna-Power has established itself as a great place to work in New Jersey, and it is number 3 on Zippia's list of Best Companies to Work for in Flemington, NJ.The average employee at Magna-Power makes $75,329 per year, which is competitive for its industry and location. Some of its highest paying competitors, Tool Gauge, Delfasco, and Ficosa North America Corporation, pay $76,033, $75,710, and $75,666, respectively.
Magna-Power is a small technology company based in New Jersey with only 50 employees and an annual revenue of $17.5M.

Magna-Power's mission statement

Magna-power is dedicated to providing best-in-class support for high-power programmable dc power supplies and electronic loads applications.

In demand companies are hiring! Let Zippia apply for you!

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5.0/5

Magna-Power employee reviews

Based on 3 ratings

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The team at Magna-Power

  • The founders of Magna-Power are Adam Pitel and Ira J. Pitel.
  • The key people at Magna-Power are Adam Pitel and Ira J. Pitel.
Key people
Adam Pitel
Ira J. Pitel

Magna-Power rankings

Magna-Power is ranked #98 on the Best Technology companies to work for in New Jersey list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Magna-Power salaries

Average Magna-Power salary
$75,329
yearly
$36.22 hourly
Updated March 14, 2024

Evaluate Magna-Power's commitment to diversity and inclusion.

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Magna-Power diversity

7.2
Diversity score
We calculated Magna-Power’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Magna-Power’s workforce.
Magna-Power diversity summary. Zippia estimates Magna-Power's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Magna-Power's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Magna-Power's workforce.
  • Magna-Power has 50 employees.
  • 18% of Magna-Power employees are women, while 82% are men.
  • The most common ethnicity at Magna-Power is White (61%).
  • 12% of Magna-Power employees are Hispanic or Latino.
  • 12% of Magna-Power employees are Asian.
  • The average employee at Magna-Power makes $75,329 per year.
  • Employees at Magna-Power stay with the company for 4.5 years on average.

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Magna-Power financial performance

8.8
Performance score

Highest paying Magna-Power competitors

Compare Magna-Power salaries to competitors, including Tool Gauge, Delfasco, and Ficosa North America Corporation. Employees at Tool Gauge earn the highest average yearly salary of $76,033. The salaries at Delfasco average $75,710 per year, and the salaries at Ficosa North America Corporation come in at $75,666 per year.
RankCompanyAverage salaryJobs
1$76,0330
2$75,7100
3$75,6660
4$75,6470
5$75,6190
6$75,6050
7$75,4840
8$75,2980
9$75,2960
10$65,4310

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Magna-Power FAQs

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Zippia gives an in-depth look into the details of Magna-Power, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Magna-Power. The employee data is based on information from people who have self-reported their past or current employments at Magna-Power. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Magna-Power. The data presented on this page does not represent the view of Magna-Power and its employees or that of Zippia.

Magna-Power may also be known as or be related to Magna-Power, Magna-Power Electronics, Magna-Power Electronics (inc), Magna-Power Electronics Inc and Magna-power Electronics, Inc.