Foreman Tool & Mold Salary

As of July 2026, the average annual salary for employees at Foreman Tool & Mold in the United States is $80,624. This translates to an approximate hourly wage of $39. Salaries at Foreman Tool & Mold typically range from $70,902 to $91,489 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Foreman Tool & Mold Pay for Different Roles?

Explore detailed salary information for specific jobs at Foreman Tool & Mold. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Technical Support Representative

$49,122 / year

Salary Range: $43,897 - $55,402

Technical Support

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Turn Insight into Opportunity: Current Job Openings

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About Foreman Tool & Mold: Company Profile

Website
www.foremantool.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
SAINT CHARLES
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Foreman Tool & Mold's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Communication is formal to address employee concerns. While leadership communicates important updates, day-to-day interaction is minimal. Competitive pay with solid benefits keeps employees motivated. Everyone understands their responsibilities, and support is always available.
Leadership supports employee growth and skill development. The incentive programs reward both individual performance and team achievements. Comprehensive training enhances team skills and knowledge. The workplace is functional and it is somehow particularly forward-thinking. This company has cultivated an excellent work culture where employees feel genuinely supported and appreciated. Shift schedu...
If you’re okay with standing and lifting, it’s a reasonable workplace. Career advancement is possible but often competitive The workplace culture is professional but can sometimes feel rigid and formal. This makes you feel like your voice matters and that you can contribute to positive changes. Recognition initiatives regularly highlight employee contributions, creating a positive and motivating w...
The pace is steady, and expectations are clear. Job stability is a real plus. The company's evident, consistent, and ongoing commitment to ensuring employee satisfaction within all our creative departments is truly wonderful and highly appreciated.
Your experience here will largely depend on your immediate supervisor. The company truly values its employees and is committed to creating a safe, positive, and growth-focused work environment. Schedules sometimes change with short notice. Competitive pay and benefits attract and retain talent. Cross-training opportunities allow employees to develop diverse skills across different production areas...

Is Foreman Tool & Mold’s Pay Competitive? Salary Benchmarking Analysis

How does Foreman Tool & Mold'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
FRANKSMANUFACTURING $74,241
-7.9%
FRANKSMANUFACTURING focuses strategically on recruiting and training entry-level apprentices.
FARO INDUSTRIES $76,556
-5.0%
Normalized for lower cost-of-living zones where FARO INDUSTRIES primarily operates.
FORMPLASTICS $80,148
-0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
FISCHERMOLDINC $80,998
+0.5%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+51.0%
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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Foreman Tool & Mold.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Foreman Tool & Mold, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Foreman Tool & Mold salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Foreman Tool & Mold

FAQ 1: What is the estimated average total compensation at Foreman Tool & Mold?
Salary.com estimates that the average total compensation package at Foreman Tool & Mold, which can include base salary, potential bonuses, and benefits, is around $80,624 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Foreman Tool & Mold pay compared to FRANKSMANUFACTURING?
The average annual salary at Foreman Tool & Mold is $80,624, or an hourly wage of $39, in comparison to FRANKSMANUFACTURING which pays $74,240 per year or $36 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Foreman Tool & Mold?
Salary progression from an entry-level to a senior role at Foreman Tool & Mold can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Foreman Tool & Mold in Chicago is fair given the local cost of living?
To determine if a salary offer from Foreman Tool & Mold in Chicago is fair, first compare the gross salary to our data for similar roles at Foreman Tool & Mold and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: Are promotions at Foreman Tool & Mold usually accompanied by a significant salary increase?
Yes, promotions at Foreman Tool & Mold are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.