Challenge Tool & Salary

Challenge Tool & Salary

Salaries

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Overview

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As of July 2026, the average annual salary for employees at Challenge Tool & in the United States is $64,709. This translates to an approximate hourly wage of $31. Salaries at Challenge Tool & typically range from $56,789 to $73,642 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Challenge Tool & Pay for Different Roles?

Explore detailed salary information for specific jobs at Challenge Tool &. Based on our data, the highest paying job is the Public Information Officer, with an annual salary of $237,168. The table below outlines the annual salary ranges for most popular roles within the company.

Treatment Plant Operator II

$67,124 / year

Salary Range: $61,353 - $72,922

Pipeline Technician

Building Maintenance Worker

$52,847 / year

Salary Range: $45,774 - $59,749

Hospitality

Assistant Chief of Fire

$110,320 / year

Salary Range: $90,752 - $133,451

IRA Accounts

Police Officer

$65,601 / year

Salary Range: $61,293 - $71,431

Law Enforcement

Media Production Manager

$112,910 / year

Salary Range: $95,845 - $129,294

Creative Arts

Library Youth Services Coordinator

$106,645 / year

Salary Range: $85,796 - $132,681

Operations

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Challenge Tool &.
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About Challenge Tool &: Company Profile

Website
www.ctm-inc.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
All Industries
Headquarter Location
NEW HAVEN
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About CHALLENGE TOOL &
Challenge Tool is an electrical/electronic manufacturing company based out of 11725 Lincoln Hwy E, New Haven, IN, 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 Challenge Tool &'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
While there aren’t many standout perks, the basics like health benefits and paid time off are provided. The team is cooperative, and management is fair in its expectations. Leadership communicates clearly, and projects are well-planned. Leadership is accessible, and career development is prioritized. It’s a great environment for both personal and professional growth.
Commented in March 27, 2025
29
0
The workload is steady, and colleagues are professional. I appreciate the flexibility in work arrangements, which allows for a healthy work-life balance. The hybrid work policy is a perfect balance of flexibility and in-person collaboration. The hybrid work options and health benefits are top-notch. The company values employee input and fosters a positive atmosphere. It’s a great place to grow and...
Commented in October 23, 2024
47
0
Projects are well-organized, and teamwork is encouraged. The company provides a structured and efficient work environment. Career advancement opportunities are plentiful. Leadership values employee input, and there’s a clear effort to maintain transparency.
Commented in May 27, 2024
35
1
The company also invests in training and upskilling, which is a huge plus. Projects are well-organized, and expectations are clear. Overall, it’s a fair place to work. The team here is amazing—collaborative, skilled, and supportive. Professional development is prioritized, with many training opportunities.
Commented in February 17, 2024
49
2

How Challenge Tool &'s Salaries Compare to Similar Companies?

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

Is Challenge Tool &’s Pay Competitive? Salary Benchmarking Analysis

How does Challenge Tool &'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
CARLISLE MACHINE SHOP INC $68,488
+5.8%
Adjusted for higher cost-of-living indices in CARLISLE MACHINE SHOP INC's primary metro hubs.
CHICAGO POWDERED METAL PRODUCTS COMPANY $74,059
+14.4%
Influenced by prevailing union wage agreements specific to CHICAGO POWDERED METAL PRODUCTS COMPANY's sector.
CENTERLINE POWER $71,504
+10.5%
Driven by niche technical certifications required for CENTERLINE POWER's specialized projects.
CHARLEVOIX COUNTY SHERIFFS $65,371
+1.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
All Industries Industry $120,093
+85.6%
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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Challenge Tool &.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Challenge Tool &, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Challenge Tool & salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Challenge Tool &

FAQ 1: How much does a Challenge Tool & employee make?
Challenge Tool & pays its employees an average of $64,709 per year. The average salary at Challenge Tool & range from $56,789 to $73,642 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: Which similar company tend to pay more or less than Challenge Tool &?
The salary at Challenge Tool & is lesser than the similar company. The average annual salary at Challenge Tool & is $64,709, or an hourly wage of $31, in comparison to CARLISLE MACHINE SHOP INC which pays $68,487 per year or $33 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Challenge Tool &?
In many roles at Challenge Tool &, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Indianapolis affect the perceived value of a Challenge Tool & salary?
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). This significantly impacts the purchasing power of a salary from Challenge Tool & based there. Our "Cost of Living Insights for Indianapolis" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Challenge Tool & typically offer employees?
Challenge Tool & generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Challenge Tool &" section on this page.

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