Future Tool & Machine Inc Salary

Future Tool & Machine Inc Salary

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As of April 2026, the average annual salary for employees at Future Tool & Machine Inc in the United States is $91,862. This translates to an approximate hourly wage of $44. Salaries at Future Tool & Machine Inc typically range from $80,905 to $103,660 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Future Tool & Machine Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Future Tool & Machine Inc. Based on our data, the highest paying job is the Manager, Engineering Department, with an annual salary of $132,139. 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 Future Tool & Machine Inc

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

Is Future Tool & Machine Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Future Tool & Machine 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
Washer Werks $91,251
-0.7%
Indicates identical technical requirements and experience levels between the two firms.
Precision Environments Inc $87,633
-4.6%
Precision Environments Inc focuses strategically on recruiting and training entry-level apprentices.
Value Lighting Inc $91,356
-0.6%
Suggests Value Lighting Inc utilizes a highly similar base-plus-benefits compensation model.
Concord Manufacturing Co $97,864
+6.5%
Data suggests Concord Manufacturing Co's workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $121,746
+32.5%
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 Future Tool & Machine Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Future Tool & Machine Inc

Considering a career at Future Tool & Machine 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.
Hard work gets recognized. I felt welcomed and well-prepared from day one. This flexibility has allowed me to grow and stay engaged with my work every day. From good benefits to recognizing hard work, you feel like a valued team member, not just a number.
Commented in May 07, 2025
25
0
Employees enjoy working in a well-structured environment that prioritizes safety and teamwork. I’m proud to be part of this team. The management team is visible and involved. I’ve developed valuable technical skills and confidence on the job. We receive regular safety training, and the facility is kept in excellent condition. Managers keep lines of communication open, and hard work doesn’t go unno...
Commented in August 14, 2024
11
0
This manufacturing role has been a great experience, largely due to the company's supportive culture and focus on employee growth. Training programs exist but and it can be sufficiently tailored. Tools are provided, but upgrades are infrequent.
Commented in May 03, 2024
46
0

Future Tool & Machine Inc Overview

Website
www.futuretool.com
Founded In
1978
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
28900 Goddard Rd Romulus Michigan MI 48174
Revenue
$5 Million - $10 Million
Phone Number
+1 7349462100
Social Media
About Future Tool & Machine Inc
Future Tool & Machine has grown to encompass a complete full service design and manufacturing facility. We are a recognized leader in precision machining for a wide range of industries including automotive, aerospace, commercial and defense. We provide the best value in the industry with over thirty years of experience and an extraordinary commitment to quality and customer service.

What Benefits Does Future Tool & Machine Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Future Tool & Machine 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Future Tool & Machine Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Future Tool & Machine Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Future Tool & Machine Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Future Tool & Machine Inc

1. How much does Future Tool & Machine Inc in the United States pay?

Future Tool & Machine Inc pays its employees an average of $91,862 per year. The average salary at Future Tool & Machine Inc range from $80,905 to $103,660 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. Do Future Tool & Machine Inc employees get a higher salary than its peer company?

The salary at Future Tool & Machine Inc is higher than its peer company. The average annual salary at Future Tool & Machine Inc is $91,862, or an hourly wage of $44, in comparison to Washer Werks which pays $91,251 per year or $44 per hour.

3. What are the highest paying jobs at Future Tool & Machine Inc?

The higher-paying job at Future Tool & Machine Inc, according to our data, include Manager, Engineering Department (avg. $132,139 per year), General Manager (avg. $124,498 per year), and Manager, Quality (avg. $99,595 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Future Tool & Machine Inc?

Salary progression with years of experience at Future Tool & Machine Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Future Tool & Machine Inc vary by office location?

Yes, it's very likely that salaries at Future Tool & Machine Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Detroit section provides more context.

6. Does Future Tool & Machine Inc offer good benefits?

Future Tool & Machine Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Future Tool & Machine Inc" section on this page.

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