Pederson Tool And Design Salary

As of April 2026, the average annual salary for employees at Pederson Tool And Design in the United States is $81,292. This translates to an approximate hourly wage of $39. Salaries at Pederson Tool And Design typically range from $71,490 to $92,247 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Pederson Tool And Design Pay for Different Roles?

Explore detailed salary information for specific jobs at Pederson Tool And Design. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Technical Support Representative

$49,122 / year

Salary Range: $43,897 - $55,402

Technical Support

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Turn Insight into Opportunity: Current Job Openings

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About Pederson Tool And Design: Company Profile

Website
www.pedersontoolanddesign.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
ANOKA
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About PEDERSON TOOL AND DESIGN
Pederson Tool is a machinery company based out of 23274 430th St, Belview, Minnesota, United States.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Pederson Tool And Design's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Coworkers are friendly and always willing to help. Communication between teams is transparent, schedules are realistic, and leadership adapts quickly. It’s easier now to resolve issues quickly and ensure that production stays on track. The HR team is responsive and helpful.
The benefits are generous and consistent with industry standards. Training exists but is often generic. I appreciate the emphasis on innovation and the investment in advanced manufacturing technologies, which keeps our processes efficient and our products superior. I enjoy the structure and clarity of my role. They don’t just sit in offices — they walk the floor and check in regularly. Management ...
Comprehensive training enhances team skills and knowledge. The availability of flexible work schedules, adaptable project-based approaches, and supportive remote work options is a significant and highly valued benefit, particularly for creative professionals seeking inspiration and focus. Robust inventory management ensures materials are always available. Competitive pay and benefits, plus solid w...

How Pederson Tool And Design's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Pederson Tool And Design’s pay competitiveness. Click on a company for a deeper dive.

Is Pederson Tool And Design’s Pay Competitive? Salary Benchmarking Analysis

How does Pederson Tool And Design's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
PARTNER STEEL $67,533
-16.9%
PARTNER STEEL focuses strategically on recruiting and training entry-level apprentices.
PAYNE & DOLAN $75,878
-6.7%
Reflects market rates for standard general contracting, differing from specialized roles.
PAYNE ENGINEERING & FABRICATION $84,106
+3.5%
Data suggests PAYNE ENGINEERING & FABRICATION's workforce skews heavily towards veteran, high-tenure roles.
PATIOENC $74,617
-8.2%
PATIOENC likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $121,746
+49.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Pederson Tool And Design.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Pederson Tool And Design, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Pederson Tool And Design salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Pederson Tool And Design

FAQ 1: How much does Pederson Tool And Design in the United States pay?
Pederson Tool And Design pays its employees an average of $81,292 per year. The average salary at Pederson Tool And Design range from $71,490 to $92,247 per year. 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.
FAQ 2: Do Pederson Tool And Design employees get a higher salary than its peer company?
The salary at Pederson Tool And Design is higher than its peer company. The average annual salary at Pederson Tool And Design is $81,292, or an hourly wage of $39, in comparison to PARTNER STEEL which pays $67,532 per year or $32 per hour.
FAQ 3: How much does salary increase with years of experience at Pederson Tool And Design?
Salary progression with years of experience at Pederson Tool And Design is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Pederson Tool And Design vary by office location?
Yes, it's very likely that salaries at Pederson Tool And Design vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Minneapolis section provides more context.
FAQ 5: Does Pederson Tool And Design offer good benefits?
Pederson Tool And Design typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Pederson Tool And Design" section on this page.