Co-op Tool Salary

Co-op Tool Salary

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As of July 2026, the average annual salary for employees at Co-op Tool in the United States is $86,483. This translates to an approximate hourly wage of $42. Salaries at Co-op Tool typically range from $76,011 to $97,844 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Co-op Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at Co-op Tool. Based on our data, the highest paying job is the Design Engineer, with an annual salary of $105,635. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Co-op Tool

Ready for your next career move? Explore current job openings at Co-op Tool. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Co-op Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Co-op 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
Concept Group Inc $95,016
+9.9%
Adjusted for higher cost-of-living indices in Concept Group Inc's primary metro hubs.
Ryff $99,890
+15.5%
Data suggests Ryff's workforce skews heavily towards veteran, high-tenure roles.
PLS Staging $100,965
+16.7%
Reflects structural premiums typical of PLS Staging's large-cap national operations.
Workflow $90,196
+4.3%
Driven by niche technical certifications required for Workflow's specialized projects.
Business Services Industry $120,931
+39.8%
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.

How Co-op Tool's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Co-op Tool. Click a company name to learn more.

Employee Reviews: Working at Co-op Tool

Considering a career at Co-op Tool? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I value the diversity within the company and the respect that people show for one another. I’ve had a rewarding experience at this company. The company offers mentorship and trust. They deliver what’s promised, but don’t expect extra perks. Communication from leadership is professional but sometimes impersonal.
Commented in May 26, 2025
40
1
My workload feels balanced and manageable. Working here is relatively predictable, with a strong emphasis on procedures. I'm consistently impressed by the high caliber of my colleagues; everyone is knowledgeable, driven, and dedicated to providing exceptional service to our clients. The leadership at this company sets a strong example. Managers are trained to coach and mentor, offering regular che...
Commented in June 25, 2024
49
2
Benefits are reliable and offer basic coverage. Training opportunities are readily available, and mentorship has helped me reach new professional goals. Colleagues are polite but keep to themselves. This positive first impression has been validated every day since I started working here.
Commented in February 14, 2024
28
1

Co-op Tool Overview

Website
www.co-op-tool.com
Founded In
1978
Employees
<25 employees
Industry
Business Services
Headquarter Address
1517 Coining Dr Toledo Ohio OH 43612
Revenue
<$5 Million
Phone Number
+1 4197290076
Social Media
About Co-op Tool
Co-Op Tool designs and builds custom workholding systems for high-volume manufacturing applications. Our products include Precision Chucks, Production Fixtures, Automation and Backup /Perishable Tooling. We have over 50 years of experience in production workholding systems. Our operations are housed in a 40,000 square foot climate controlled facility, located in Toledo, Ohio.

What Benefits Does Co-op Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Co-op Tool offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Co-op Tool?
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What Is the Cost of Living Near Toledo?

Understanding the cost of living near Toledo is key to truly evaluating a salary offer or your current compensation at Co-op Tool.
Toledo's Cost of Living Index is approximately 75.2 (24.8% less expensive than US average; 17.2% less than OH average). NW OH city, 'Glass City', very affordable. TARTA bus. When planning your budget based on a salary from Co-op Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,050+ A significant portion of Co-op Tool salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (TARTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,865 - $3,005+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Co-op Tool

1. What is the typical salary range (low to high) for most roles at Co-op Tool?

The typical annual salary range for most roles at Co-op Tool is approximately from $76,011 to $97,844. 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.

2. How much does Co-op Tool pay compared to Concept Group Inc?

The average annual salary at Co-op Tool is $86,483, or an hourly wage of $42, in comparison to Concept Group Inc which pays $95,016 per year or $46 per hour.

3. Do salaries differ significantly between departments at Co-op Tool?

Yes, salaries often differ between departments at Co-op Tool due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Co-op Tool?

Experience level is a significant factor in determining salary at Co-op Tool, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Co-op Tool in Toledo is fair given the local cost of living?

To determine if a salary offer from Co-op Tool in Toledo is fair, first compare the gross salary to our data for similar roles at Co-op Tool and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Toledo" to understand its purchasing power.

6. What factors influence salary increases at Co-op Tool?

Salary increases at Co-op Tool are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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