Fastool Inc Salary

As of April 2026, the average annual salary for employees at Fastool Inc in the United States is $87,622. This translates to an approximate hourly wage of $42. Salaries at Fastool Inc typically range from $77,065 to $99,088 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Fastool Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Fastool Inc. Based on our data, the highest paying job is the Digital Marketing Specialist, with an annual salary of $61,422. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Fastool Inc

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

Is Fastool Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Fastool Inc'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
Auto Parts Outlet $88,593
+1.1%
Suggests Auto Parts Outlet utilizes a highly similar base-plus-benefits compensation model.
SouthWest Chrysler Dodge Jeep Ram $86,557
-1.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Liquor License Advisor $97,854
+11.7%
Adjusted for higher cost-of-living indices in Liquor License Advisor's primary metro hubs.
Gebhardts Billiards $91,915
+4.9%
Reflects structural premiums typical of Gebhardts Billiards's large-cap national operations.
Retail & Wholesale Industry $123,318
+40.7%
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.

Employee Reviews: Working at Fastool Inc

Considering a career at Fastool Inc? 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.
Benefits are competitive, and the workload is manageable. The pay is competitive, and there are performance-based bonuses. Expectations are reasonable, and managers are fair in their assessments. Benefits like health insurance and bonuses are a great advantage. Training is provided, and the team is cooperative.
Benefits like health coverage, retirement plans, and employee discounts are solid perks. I love the fast-paced environment and the people I work with. The training is thorough, and there are always opportunities to learn new systems or processes. The office space is well-designed, promoting productivity and comfort.
The pay is competitive for the industry, and bonuses are a nice perk. There are occasional training sessions to help with skill development. Managers are approachable, and the team feels like family. The company operates efficiently, and the processes are well-structured. Benefits like health insurance and bonuses make it a rewarding workplace. There’s a real focus on teamwork here.

Fastool Inc Overview

Website
www.fastoolnow.com
Founded In
2008
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1197 Electric Ave Wayland Michigan MI 49348
Revenue
<$5 Million
Phone Number
+1 8886548898
Social Media
About Fastool Inc
At FastoolNow.com we have over 30 years of experience in the construction tool industry. We are family owned and operated in Michigan. We not only sell products online, but you can also visit our showroom! We are a proud member of STAFDA, and look forward to serving all of your tool needs.

What Benefits Does Fastool Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Fastool Inc 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)
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What Is the Cost of Living Near Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Fastool Inc.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Fastool Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Fastool Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Fastool Inc

1. What is the average salary for employees at Fastool Inc?

The average annual total compensation for employees at Fastool Inc is approximately $87,622. However, this is an aggregate figure, actual salaries can range significantly, typically from $77,065 to $99,088, depending on factors like job role, experience, and location.

2. How much does Fastool Inc pay compared to Auto Parts Outlet?

The average annual salary at Fastool Inc is $87,622, or an hourly wage of $42, in comparison to Auto Parts Outlet which pays $88,593 per year or $43 per hour.

3. How does having a professional certification impact salary for relevant roles at Fastool Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Fastool Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Fastool Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Grand Rapids?

While some companies offer formal COLA, many, including potentially Fastool Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Fastool Inc?

Most companies, likely including Fastool Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.