Mg overview

In November 2011, TransACT was acquired by iiNet Limited, which in 2015 itself became a subsidiary of TPG.
The staff at Mg come from unusually diverse demographic backgrounds. The company is 34.8% female and 42.2% ethnic minorities. Mg employees are more likely to be members of the Republican Party than the Democratic Party, with 53.9% of employees identifying as members of the Republican Party. But those numbers could change quickly because the turnover rate at Mg is relatively high. Employees at Mg stay with the company for an average of 2.7 years before leaving. The average employee at Mg makes $45,229 per year. Pay at Mg is significantly lower than some of its highest paying competitors, like New York Holdings, ADC COMMUNICATIONS, and RSI, which pay $60,329, $56,124, and $56,052, respectively.
Mg is a medium telecommunication company with 762 employees and an annual revenue of $35.2M that is headquartered in New Jersey.

Industry

Diversified Telecommunication Services

Revenue

$35.2M

Employees

762

Founded in

2001

Headquarters

Fort Lee, NJ

Website

tranzact.net

Organization Type

Private

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The team at Mg

Key People
  • Jeffrey Spahr (Executive Officer)
  • Michael Lundin (Director)
  • Terry Green (Executive Officer)
  • Colin Sutherland (Director)
  • Jeffrey Roberts (Executive Officer)
  • Eugene Davis (Director)
  • Kurt Cellar (Director)
  • Robert Rayner (Director)
  • Michael Gentoso (Executive Officer)
  • Michael Harlan (Executive Officer, Director)
  • Douglas McLaughlin (Executive Officer)
  • Jim Evans (Manager)
  • Wallace Johnson (Executive Officer)
  • Jeff Davis (Executive Officer)
  • Gary Konnie (Executive Officer)
  • Curt Lindeman (Executive Officer)
  • Kent Cauley (Executive Officer)

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Mg Rankings

Mg is ranked #12 on the Best Telecommunication 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.

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Mg Salaries

How much does Mg pay?
The national average salary for a Mg employee in the United States is $45,229 per year. Employees in the top 10 percent can make over $99,000 per year, while employees at the bottom 10 percent earn less than $20,000 per year.
7.0
Salary Score
Average Employee Earnings

Mg Salaries By Job Title

The average employee at Mg earns a yearly salary of $45,229 per year, but different jobs can earn drastically different salaries. The higher paying positions at Mg include Mechanical Engineer, Team Leader, Licensed Insurance Agent, and Systems Analyst. A worker with the title Mechanical Engineer salary at Mg can earn an average yearly salary of $85,074. Some of the other roles at Mg are Cashier and Janitor. A worker with the title Cashier at Mg earns an average salary of $21,676 per year.

Mg careers

On average, employees at Mg stay with the company for 2.7 years. Employees most commonly join Mg after leaving Walmart. When they leave Mg, they most frequently get their next job at Walmart.

Average Length of Employment

Mg

2.7 years
Luna2.2 years
DK Security1.4 years
Top Employers Before Mg
Walmart12.8 %
US Army7.1 %
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Top Employers After Mg
Walmart11.2 %
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Mg Financial Performance

6.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$10M - $100M

Founded in

2001

Organization type

Private

Mg Financing Rounds

DateAmountSecurity Type
Sep 10, 2010Debt
Sep 10, 2010
$55,000,000
$55,000,000
Debt
Debt

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Mg Competitors

Competitors of Mg include New York Holdings, ADC COMMUNICATIONS, and RSI. The average salaries at New York Holdings rank the highest, with their employees earning an average salary of $60,329 per year. The employees at ADC COMMUNICATIONS earn an average yearly salary of $56,124 per year, and the salaries at RSI average $56,052 per year.
Company
Average Salary
ADC COMMUNICATIONS
ADC COMMUNICATIONS
$56,124
$56k
RSI
RSI
$56,052
$56k
Jade
Jade
$54,219
$54k
BLUE SKY NETWORK
BLUE SKY NETWORK
$50,402
$50k
$49,655
$50k
Call
Call
$49,014
$49k
$48,582
$49k

Frequently Asked Questions about Mg

When was Mg founded?

Mg was founded in 2001.

How many Employees does Mg have?

Mg has 762 employees.

How much money does Mg make?

Mg generates $35.2M in revenue.

What industry is Mg in?

Mg is in the diversified telecommunication services industry.

What type of company is Mg?

Mg is a private company.

Who are Mg's competitors?

Mg competitors include DK Security, Metro One Telecommunications, BLUE SKY NETWORK, Luna, Bell, Jade, Global Response, EZ, Taylor, West, TCB, RSI, Product Development, Titan Global Holdings, Customer Elation, Call, New York Holdings, ADC COMMUNICATIONS, Cedar Point Communication, Meade.

Who works at Mg?

Jeffrey Spahr (Executive Officer)

Michael Lundin (Director)

Terry Green (Executive Officer)

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Where is Mg's headquarters?

Mg's headquarters is in Fort Lee, NJ.

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You can find out what it is like to work at Mg, also known as MG, LLC, TRANZACT and MG LLC.

Zippia gives an in-depth look into the details of Mg, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Mg. The employee data is based on information from people who have self-reported their past or current employments at Mg. 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 Mg and its employees or that of Zippia.