Federal Tool Salary

Federal Tool Salary

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As of April 2026, the average annual salary for employees at Federal Tool in the United States is $92,675. This translates to an approximate hourly wage of $45. Salaries at Federal Tool typically range from $81,583 to $104,660 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Federal Tool

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

Is Federal Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Federal 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
The Micc Group $91,810
-0.9%
Suggests The Micc Group utilizes a highly similar base-plus-benefits compensation model.
Magnecomp Corp $101,915
+10.0%
Supported by Magnecomp Corp's high-margin contracts allowing higher overhead.
Larson Tool & Stamping Co $98,149
+5.9%
Reflects structural premiums typical of Larson Tool & Stamping Co's large-cap national operations.
The Bolts Electrics Company LLC $90,154
-2.7%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+31.4%
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 Federal Tool's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Federal Tool

Considering a career at Federal 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.
The company's evident, consistent, and ongoing commitment to ensuring employee satisfaction within all our creative departments is truly wonderful and highly appreciated. Good for those who prefer defined routines over constant interaction. Working here has been a positive experience from the start. The pace is steady, and expectations are clear. Employees receive steady pay and benefits but exper...
Commented in April 17, 2025
21
2
Our facility is one of the cleanest I’ve seen in the industry. At this manufacturing company, employees benefit from a strong focus on safety, quality, and continuous improvement. While the work is particularly exciting, it’s steady and dependable. It’s motivating to work toward team goals. While that may be ideal for some, it can get boring. Management is supportive, offering guidance and opportu...
Commented in February 07, 2025
48
3
I’ve built great relationships and gained confidence in my role here. It’s rare to find such a structured yet flexible environment. Communication from leadership is formal and sometimes delayed. Our shift supervisors are approachable and solution-oriented.
Commented in September 01, 2024
46
2
Fair supervisors and clear expectations. Environment is okay—neither too challenging nor too easy. The environment is clean and organized, and coworkers are respectful. Communication tools exist, though they’re not used uniformly.
Commented in March 17, 2024
9
0

Federal Tool Overview

Website
www.federaltool.com
Founded In
1925
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
2150 Stonebridge Rd West Bend Wisconsin WI 53095
Revenue
$10 Million - $50 Million
Phone Number
+1 2623777070
Social Media
About Federal Tool
Federal Tool & Engineering was established in 1925. Through the years, FTE has been able to grow by effectively meeting the needs of a diverse customer base with equally diverse capabilities. Initially a tool & die shop founded by the Beverung family, Federal Tool & Engineering has developed a full complement of capabilities in engineering, tool design and construction, fabrication, metal stamping

What Benefits Does Federal Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Federal 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)
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What Is the Cost of Living Near Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Federal Tool.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Federal 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 Federal Tool salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Federal Tool

1. How much does a Federal Tool employee make?

Federal Tool pays its employees an average of $92,675 per year. The average salary at Federal Tool range from $81,583 to $104,660 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.

2. Which similar company tend to pay more or less than Federal Tool?

The salary at Federal Tool is higher than the similar company. The average annual salary at Federal Tool is $92,675, or an hourly wage of $45, in comparison to The Micc Group which pays $91,810 per year or $44 per hour.

3. How much does a President typically earn at Federal Tool?

A President at Federal Tool typically earns an average annual base salary of around $717,384, with a general range of $549,461 to $902,975.

4. Do employees with advanced degrees (Master's, PhD) earn more at Federal Tool?

In many roles at Federal 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.

5. How does the cost of living near Milwaukee affect the perceived value of a Federal Tool salary?

Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). This significantly impacts the purchasing power of a salary from Federal Tool based there. Our "Cost of Living Insights for Milwaukee" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Federal Tool typically offer employees?

Federal 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 Federal Tool" section on this page.

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