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Working At Magnetek

Zippia Score 4.2

Magnetek overview

Magnetek, Inc., is a technology company founded in 1984 and headquartered in Menomonee Falls, Wisconsin, and is a NASDAQ Global Market listed company. The company develops, manufactures, and markets digital power and motion control systems for material handling, people-moving and mining applications.
Founded in 1984, Magnetek is an established company that loves to hire graduates from University of Wisconsin - Milwaukee, with 21.1% of its employees having attended University of Wisconsin - Milwaukee. Magnetek has established itself as a great place to work in Wisconsin, and it is number 6 on Zippia's list of Best Companies to Work for in Menomonee Falls, WI. The average employee at Magnetek makes $63,438 per year. Pay at Magnetek is significantly lower than some of its highest paying competitors, like Ampex, ADTRAN, and Rockwell Automation, which pay $88,061, $81,080, and $80,268, respectively.
Based in Wisconsin, Magnetek is a medium-sized manufacturing company with 350 employees and a revenue of $114.3M.

The Organization’s Mission

To provide the industry EXPERTISE, products and services to ENHANCE the SUCCESS of our customers.

Industry

Electrical Equipment

Revenue

$114.3M

Employees

350

Founded in

1984

Headquarters

Menomonee Falls, WI

Website

magnetek.com

Website

magnetek.com

Organization Type

Public

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Magnetek Rankings

Magnetek is ranked #26 on the Best Manufacturing Companies to Work For in Wisconsin 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.

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Magnetek Salaries

How much does Magnetek pay?
The national average salary for a Magnetek employee in the United States is $63,438 per year. Employees in the top 10 percent can make over $117,000 per year, while employees at the bottom 10 percent earn less than $34,000 per year.
7.7
Salary Score
Average Employee Earnings

Magnetek Salaries By Job Title

While the average employee salary at Magnetek is $63,438, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Magnetek include Chief Finance And Operating Officer, Purchasing Manager, Information Systems Director, and Plant Superintendent. A typical Chief Finance And Operating Officer salary at Magnetek is $119,470 per year. To get a better sense of the salaries at Magnetek, other roles such as Line Associate and Truck Unloader can be considered as well. For comparison, the title Line Associate at Magnetek earns $21,301 per year.

Magnetek careers

On average, employees at Magnetek stay with the company for 4.5 years. Employees most commonly join Magnetek after leaving Rockwell Automation. When they leave Magnetek, they most frequently get their next job at Johnson Controls.

Average Length of Employment
Badger Meter5.8 years

Magnetek

4.5 years
Top Employers Before Magnetek
US Army12.1 %
Eaton7.8 %
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Top Employers After Magnetek
Eaton8.0 %
Walmart7.3 %
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Magnetek Financial Performance

8.3
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

1984

Organization type

Public

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Magnetek Competitors

Based on our research, similar companies to Magnetek are Ampex, ADTRAN, and Rockwell Automation. The average salaries at Ampex rank the highest, with their employees earning an average salary of $88,061 per year. The employees at ADTRAN earn an average yearly salary of $81,080 per year, and the salaries at Rockwell Automation average $80,268 per year.

Frequently Asked Questions about Magnetek

When was Magnetek founded?

Magnetek was founded in 1984.

How many Employees does Magnetek have?

Magnetek has 350 employees.

How much money does Magnetek make?

Magnetek generates $114.3M in revenue.

What industry is Magnetek in?

Magnetek is in the electrical equipment industry.

What is Magnetek's mission?

Magnetek's mission statement is "To provide the industry EXPERTISE, products and services to ENHANCE the SUCCESS of our customers."

What type of company is Magnetek?

Magnetek is a public company.

Who are Magnetek's competitors?

Magnetek competitors include Generac Power Systems, Badger Meter, Columbus McKinnon Corporation, Milwaukee Electric Tool Corporation, Rockwell Automation, Raven Industries, Creation Technologies, AMETEK, Inc., Waterway Carwash, Delta Group Electronics, Superior Technical Ceramics, Alpha Technologies, Ampex, Sanmina Corporation, Stewart & Stevenson, Benchmark Electronics, Sumitomo Electric USA Holdings Inc., ADTRAN, Mine Safety Appliances Co, Red Lion Controls.

Where is Magnetek's headquarters?

Magnetek's headquarters is in Menomonee Falls, WI.

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You can find out what it is like to work at Magnetek, also known as MAGNETEK POWER ELECTRONICS GROUP, Magnetek, Magnetek Inc, Magnetek Inc., Magnetek Power Electronics Group and Magnetek, Inc..

Zippia gives an in-depth look into the details of Magnetek, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Magnetek. The employee data is based on information from people who have self-reported their past or current employments at Magnetek. 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. The data presented on this page does not represent the view of Magnetek and its employees or that of Zippia.