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H & P Tool Company Inc Salary

H & P Tool Company Inc Salary

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As of August 2026, the average annual salary for employees at H & P Tool Company Inc in the United States is $85,407. This translates to an approximate hourly wage of $41. Salaries at H & P Tool Company Inc typically range from $75,223 to $96,381 annually, reflecting the diverse roles and experience levels within the company.

How Much Does H & P Tool Company Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at H & P Tool Company Inc. Based on our data, the highest paying job is the Senior VP, Supply Chain, with an annual salary of $214,999. The table below outlines the annual salary ranges for most popular roles within the company.
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Is H & P Tool Company Inc’s Pay Competitive? Salary Benchmarking Analysis

How does H & P Tool Company 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
D L Neu & Associates $86,093
+0.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Blanca Forestry Products Inc $80,924
-5.2%
Typical compensation structure for smaller regional agencies like Blanca Forestry Products Inc.
True Precision Machining $91,915
+7.6%
Driven by niche technical certifications required for True Precision Machining's specialized projects.
Rasmussen Air & Gas Energy $83,424
-2.3%
Confirms Rasmussen Air & Gas Energy is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $121,746
+42.5%
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 H & P Tool Company Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at H & P Tool Company Inc

Considering a career at H & P Tool Company 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.
Good for those who prefer defined routines over constant interaction. there's a real sense of camaraderie on the production floor. Onboarding process was smooth. Great team environment with clear goals and expectations. The team genuinely cares about doing a good job.
Commented in April 24, 2025
27
1
The company emphasizes continuous improvement, both in processes and people. Advancement takes time and persistence. It’s a place where you can feel secure in your role and proud of the products you help create. The training programs are top-notch, helping employees develop valuable technical skills. The culture is supportive, emphasizing respect and collaboration across departments, creating a po...
Commented in March 26, 2025
31
1
Productivity and morale remain high. Training is provided but and it can meet specific job needs. They offer competitive wages and a strong benefits package, demonstrating their investment in the workforce.
Commented in October 21, 2024
29
0

H & P Tool Company Inc Overview

Website
www.hptoolco.com
Founded In
1988
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
610 S G St Richmond Indiana IN 47374
Revenue
<$5 Million
Phone Number
+1 7659624504
Social Media
About H & P Tool Company Inc
H & P Tool Company Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Richmond, Indiana.

What Benefits Does H & P Tool Company Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. H & P Tool Company 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at H & P Tool Company Inc.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from H & P Tool Company Inc, 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 H & P Tool Company Inc 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.

FAQs of H & P Tool Company Inc

1. How much does a H & P Tool Company Inc employee make?

H & P Tool Company Inc pays its employees an average of $85,407 per year. The average salary at H & P Tool Company Inc range from $75,223 to $96,381 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 H & P Tool Company Inc?

The salary at H & P Tool Company Inc is lesser than the similar company. The average annual salary at H & P Tool Company Inc is $85,407, or an hourly wage of $41, in comparison to D L Neu & Associates which pays $86,093 per year or $41 per hour.

3. How much does a Senior VP, Supply Chain typically earn at H & P Tool Company Inc?

A Senior VP, Supply Chain at H & P Tool Company Inc typically earns an average annual base salary of around $214,999, with a general range of $187,575 to $247,261.

4. Do employees with advanced degrees (Master's, PhD) earn more at H & P Tool Company Inc?

In many roles at H & P Tool Company Inc, 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 Indianapolis affect the perceived value of a H & P Tool Company Inc salary?

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 & P Tool Company Inc based there. Our "Cost of Living Insights for Indianapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does H & P Tool Company Inc typically offer employees?

H & P Tool Company Inc 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 & P Tool Company Inc" section on this page.

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