Concept Machine Tool Sales Inc Salary

Concept Machine Tool Sales Inc Salary

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As of August 2026, the average hourly salary for employees at Concept Machine Tool Sales Inc in the United States is $50. This translates to an approximate annual wage of $104,193. Salaries at Concept Machine Tool Sales Inc typically range from $44 to $57 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Concept Machine Tool Sales Inc

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

Is Concept Machine Tool Sales Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Concept Machine Tool Sales 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
incNESTLE USA PREPARED FOODS DIVISION Inc $46
-8.6%
Normalized for lower cost-of-living zones where incNESTLE USA PREPARED FOODS DIVISION Inc primarily operates.
JS Johnson Inc $49
-1.9%
Indicates identical technical requirements and experience levels between the two firms.
VAN DYK Recycling Solutions $55
+8.8%
Adjusted for higher cost-of-living indices in VAN DYK Recycling Solutions's primary metro hubs.
Vijay Machine Tools $47
-6.1%
Typical compensation structure for smaller regional agencies like Vijay Machine Tools.
Retail & Wholesale Industry $60
+18.4%
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.

Companies Similar to Concept Machine Tool Sales Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Concept Machine Tool Sales Inc

Considering a career at Concept Machine Tool Sales 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.
Coworkers are collaborative, and there’s a strong emphasis on teamwork. Managers recognize hard work, and there’s room for advancement. There’s a strong sense of teamwork, and managers are always willing to help. I’d recommend this workplace to anyone looking for stability and growth. The company offers competitive salaries, great benefits, and a healthy work-life balance.
Commented in April 14, 2025
25
0
The team is collaborative, and management is supportive. The job is straightforward with clear expectations. The company fosters a positive and inclusive culture.
Commented in March 22, 2025
9
0
The team is energetic, and collaboration is strong across departments. Good work-life balance for retail. The team is professional, and management is responsive. Good growth opportunities. The workplace is efficient, and tasks are well-distributed. The office facilities are well-maintained, and hybrid work options are available for some roles.
Commented in September 23, 2024
33
2
A solid choice for retail professionals. The workload is steady, and colleagues are professional. It’s a decent place to work if you value consistency. The company has a good reputation in the industry, and the work is consistent. The training programs are robust, ensuring everyone is equipped to succeed.
Commented in August 31, 2024
46
0
The work environment is collaborative, and management values employee input. Bonuses and incentives keep motivation high. The company follows market trends, keeping operations relevant. The job is steady, and the company follows fair policies. Training is thorough, and coworkers are collaborative.
Commented in January 03, 2024
46
1

Concept Machine Tool Sales Inc Overview

Website
www.conceptmachine.com
Founded In
1974
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
15625 Medina Rd Minneapolis Minnesota MN 55447
Revenue
$10 Million - $50 Million
Phone Number
+1 7635591975
Social Media
About Concept Machine Tool Sales Inc
Concept Machine Tool (CMT) is a full service machine tool dealer with its headquarters located in Minnesota and branch office in Wisconsin. Concept Machine Tool exclusively represents a variety of the world's finest machine tool manufacturers and has kept abreast of technological change by representing the most sophisticated and advanced machines available today. Since the company's inception in 1

What Benefits Does Concept Machine Tool Sales Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Concept Machine Tool Sales 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Concept Machine Tool Sales Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Concept Machine Tool Sales Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Concept Machine Tool Sales Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Concept Machine Tool Sales Inc

1. What is the typical salary range (low to high) for most roles at Concept Machine Tool Sales Inc?

The typical salary range for most roles at Concept Machine Tool Sales Inc is approximately from $44 to $57 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.

2. How much does Concept Machine Tool Sales Inc pay compared to incNESTLE USA PREPARED FOODS DIVISION Inc?

The average annual salary at Concept Machine Tool Sales Inc is $104,193, or an hourly wage of $50, in comparison to incNESTLE USA PREPARED FOODS DIVISION Inc which pays $95,227 per year or $46 per hour.

3. Do salaries differ significantly between departments at Concept Machine Tool Sales Inc?

Yes, salaries often differ between departments at Concept Machine Tool Sales Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Concept Machine Tool Sales Inc?

Experience level is a significant factor in determining salary at Concept Machine Tool Sales Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Concept Machine Tool Sales Inc in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Concept Machine Tool Sales Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at Concept Machine Tool Sales Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

6. Why might an individual's actual salary at Concept Machine Tool Sales Inc differ from the ranges shown here?

An individual's actual salary at Concept Machine Tool Sales Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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