Craig Tools Salary

Craig Tools Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of April 2026, the average annual salary for employees at Craig Tools in the United States is $100,006. This translates to an approximate hourly wage of $48. Salaries at Craig Tools typically range from $88,080 to $112,842 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Craig Tools Pay for Different Roles?

Explore detailed salary information for specific jobs at Craig Tools. Based on our data, the highest paying job is the Vice President, Manufacturing, with an annual salary of $277,945. 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 Craig Tools

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

Is Craig Tools’s Pay Competitive? Salary Benchmarking Analysis

How does Craig Tools'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
M3 Precision LLC $94,668
-5.3%
Typical compensation structure for smaller regional agencies like M3 Precision LLC.
Mechadyne Machine Inc $87,696
-12.3%
Reflects market rates for standard general contracting, differing from specialized roles.
HS Tooling Corp $99,141
-0.9%
Indicates identical technical requirements and experience levels between the two firms.
Hemly Tool Supply Inc $87,063
-12.9%
Hemly Tool Supply Inc likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $121,746
+21.7%
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 Craig Tools's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Craig Tools

Considering a career at Craig Tools? 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.
It’s truly exciting to be at the dynamic forefront of such rapid and impactful creative advancements within our industry. Team dynamics are hit or miss depending on the department. The company's evident, consistent, and ongoing commitment to ensuring employee satisfaction within all our creative departments is truly wonderful and highly appreciated. Overall, a reliable workplace with few surprises...
Commented in February 20, 2025
44
0
Workload fluctuations can cause stress during busy seasons. Employees demonstrate great attention to detail and care. The production scheduling is well-planned, avoiding the stressful crunch periods common in manufacturing. The facilities are clean, well-organized and equipped with advanced automation. You know what to expect, and policies are applied evenly. Great team culture on the floor.
Commented in June 12, 2024
10
3
The environment is clean and quiet. Schedules are consistent, and there's a positive culture that fosters respect, growth, and cooperation at every level. Our production targets are met consistently, and the workplace feels organized, focused, and well-managed. They provide modern equipment and prioritize a safe working environment above all else.
Commented in March 17, 2024
17
2

Craig Tools Overview

Website
www.craigtools.com
Founded In
1958
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
142 Lomita St El Segundo California CA 90245
Revenue
$5 Million - $10 Million
Phone Number
+1 3103220614
Social Media
About Craig Tools
Founded in 1958, Craig Tools, Inc. is a supplier of rotary cutting tools to the manufacturing industry throughout the world. Our focus is on the airframe industry while also serving the automotive, machine tool, hydraulic valve, and machine shop environments. We are a prime source of "microstop" tooling for the major airframe builders and repair facilities around the world. Our product line includ

What Benefits Does Craig Tools Offer Beyond Salary?

A competitive compensation package is more than just a salary. Craig Tools 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 Craig Tools?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Craig Tools.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Craig Tools, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Craig Tools salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Craig Tools

1. What is the typical salary range (low to high) for most roles at Craig Tools?

The typical annual salary range for most roles at Craig Tools is approximately from $88,080 to $112,842. 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 Craig Tools pay compared to M3 Precision LLC?

The average annual salary at Craig Tools is $100,006, or an hourly wage of $48, in comparison to M3 Precision LLC which pays $94,668 per year or $46 per hour.

3. Do salaries differ significantly between departments at Craig Tools?

Yes, salaries often differ between departments at Craig Tools 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 Craig Tools?

Experience level is a significant factor in determining salary at Craig Tools, 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 Craig Tools in Los Angeles is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Craig Tools?

Several key factors influence salary levels at Craig Tools. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Craig Tools likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning