Damen Carbide Tool Salary

As of August 2026, the average hourly salary for employees at Damen Carbide Tool in the United States is $39. This translates to an approximate annual wage of $80,912. Salaries at Damen Carbide Tool typically range from $34 to $44 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Damen Carbide Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at Damen Carbide Tool. Based on our data, the highest paying job is the Director of Finance and Accounting, with an hourly wage of $92. The table below outlines the hourly wage ranges for most popular roles within the company.

Sales Manager

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Technical Support Representative

$24 / hour

Salary Range: $21 - $27

Technical Support

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

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About Damen Carbide Tool: Company Profile

Website
www.damencarbide.com
Founded In
1948
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
WOOD DALE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About DAMEN CARBIDE TOOL
DAMEN CARBIDE has been an industry leader in the design and manufacturing of solid carbide tools since 1948. DAMEN has since grown to meet and exceed the needs of many demanding applications in industries such as Food & Beverage, Aerospace & Defense, Oil & Gas, Medical and Automotive. DAMEN is an ISO 9001 certified manufacturer with extensive experience in engineering & manufacturing carbide, stee

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Damen Carbide Tool's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
It’s a good starting point, not a long-term goal. Overall, it's a company that values both product quality and people. Recognition programs boost morale, making it a rewarding place to work and grow professionally. Safety and quality are truly everyone's responsibility, not just management's.
What makes this manufacturing company special is its employee-first approach. Recognition programs celebrate successes, boosting morale. There are good systems in place for everything from safety to production, making the workflow smooth. This company fosters a culture of excellence without sacrificing a positive work environment. Expectations are clear, and there’s an emphasis on doing things rig...
Work environment is stable with typical benefits, though some employees find communication between departments inconsistent. Workplace culture is fine, but nothing especially stands out. Leadership offers general direction but little individualized support. Great place to build a long-term, stable manufacturing career. Overtime may be required during busy periods, leading to occasional fatigue.

Is Damen Carbide Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Damen Carbide Tool’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
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Average Salary ($/year)
Damen Carbide Tool
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Industry Comparison
Our data shows that, on average, compensation at Damen Carbide Tool is below the average for the U.S. MFG Durable industry by approximately 34%. This positioning suggests their pay is below the market average within their sector.
See Your True Competitors
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Damen Carbide Tool.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Damen Carbide Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Damen Carbide Tool salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Damen Carbide Tool

FAQ 1: What is the typical salary range (low to high) for most roles at Damen Carbide Tool?
The typical salary range for most roles at Damen Carbide Tool is approximately from $34 to $44 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.
FAQ 2: Do salaries differ significantly between departments at Damen Carbide Tool?
Yes, salaries often differ between departments at Damen Carbide Tool 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.
FAQ 3: How can I determine if a salary offer from Damen Carbide Tool in Chicago is fair given the local cost of living?
To determine if a salary offer from Damen Carbide Tool in Chicago is fair, first compare the gross salary to our data for similar roles at Damen Carbide Tool and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 4: Why might an individual's actual salary at Damen Carbide Tool differ from the ranges shown here?
An individual's actual salary at Damen Carbide Tool 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.