| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Jet Mold Products | $88,276 |
+4.8%
|
Data suggests Jet Mold Products's workforce skews heavily towards veteran, high-tenure roles. |
| Pioneer Machine Sales | $88,498 |
+5.1%
|
Adjusted for higher cost-of-living indices in Pioneer Machine Sales's primary metro hubs. |
| FlipFork Inc | $92,675 |
+10.0%
|
Reflects structural premiums typical of FlipFork Inc's large-cap national operations. |
| Powertronics | $91,419 |
+8.6%
|
Driven by niche technical certifications required for Powertronics's specialized projects. |
| MFG Durable Industry | $121,746 |
+44.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$88,276 / year
Salary Range: $77,753 - $99,612
Fresno, CA
$88,498 / year
Salary Range: $77,945 - $99,868
Katy, TX
$92,675 / year
Salary Range: $81,629 - $104,575
Elmhurst, IL
$91,419 / year
Salary Range: $80,520 - $103,160
Candia, NH
$82,338 / year
Salary Range: $72,520 - $92,905
Columbia, SC
$85,650 / year
Salary Range: $75,434 - $96,649
Stuart, FL
$82,591 / year
Salary Range: $72,749 - $93,198
Pelham, AL
$106,060 / year
Salary Range: $93,422 - $119,683
Oakland, CA
$87,369 / year
Salary Range: $76,955 - $98,588
Greenville, TX
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $950 - $1,400+ | A significant portion of H & M Tool & Die salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (IndyGo 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 | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $670+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,240 - $3,510+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
H & M Tool & Die pays its employees an average of $84,215 per year. The average salary at H & M Tool & Die range from $74,179 to $95,027 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.
The salary at H & M Tool & Die is lesser than the similar company. The average annual salary at H & M Tool & Die is $84,215, or an hourly wage of $40, in comparison to Jet Mold Products which pays $88,276 per year or $42 per hour.
In many roles at H & M Tool & Die, 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.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). This significantly impacts the purchasing power of a salary from H & M Tool & Die based there. Our "Cost of Living Insights for Indianapolis" module details this impact, helping you assess the 'real feel' value of your compensation.
H & M Tool & Die 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 H & M Tool & Die" section on this page.
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