$360 / hour
Salary Range: $276 - $454
Executive
$141 / hour
Salary Range: $121 - $162
Information Technology
$107 / hour
Salary Range: $94 - $134
-
$83 / hour
Salary Range: $72 - $93
Management
$67 / hour
Salary Range: $62 - $73
Software Development
$64 / hour
Salary Range: $56 - $72
Program Management
$62 / hour
Salary Range: $54 - $70
Maintenance
$59 / hour
Salary Range: $50 - $65
Data Management
$57 / hour
Salary Range: $49 - $65
Sales
$57 / hour
Salary Range: $49 - $65
Sales
$56 / hour
Salary Range: $51 - $64
Engineering
$54 / hour
Salary Range: $49 - $60
Procurement/Purchasing
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Schaefer Yachts | $46 |
-1.4%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Hofmann Power Weight | $44 |
-4.4%
|
Hofmann Power Weight may offer non-monetary perks in lieu of competitive base salaries. |
| Farris Fab | $47 |
+1.8%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Bulk Handling Systems Companies | $47 |
+0.8%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| MFG Durable Industry | $59 |
+25.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$46 / hour
Salary Range: $40 - $52
, FL
$44 / hour
Salary Range: $39 - $50
Murfreesboro, TN
$47 / hour
Salary Range: $42 - $54
Cherryville, NC
$47 / hour
Salary Range: $41 - $53
Eugene, OR
$48 / hour
Salary Range: $42 - $54
Roscoe, IL
$53 / hour
Salary Range: $47 - $60
Rowland Heights, CA
$50 / hour
Salary Range: $44 - $57
Elk Grove Village, IL
$48 / hour
Salary Range: $43 - $55
Guaynabo, PR
$51 / hour
Salary Range: $45 - $58
Chicago, IL
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) | $1,000 - $1,500+ | A significant portion of Commercial Tool Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (The Rapid 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 | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,210 - $3,580+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Commercial Tool Group pays its employees an average of $47 per hour. The average salary at Commercial Tool Group range from $41 to $53 per hour. 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 Commercial Tool Group is higher than the similar company. The average annual salary at Commercial Tool Group is $96,799, or an hourly wage of $47, in comparison to Schaefer Yachts which pays $95,438 per year or $46 per hour.
A President at Commercial Tool Group typically earns an average hourly base salary of around $360, with a general range of $276 to $454.
In many roles at Commercial Tool Group, 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.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Commercial Tool Group based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.
Commercial Tool Group 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 Commercial Tool Group" section on this page.
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