Diamond Products Ltd Salary

As of August 2026, the average hourly salary for employees at Diamond Products Ltd in the United States is $46. This translates to an approximate annual wage of $95,090. Salaries at Diamond Products Ltd typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Diamond Products Ltd

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Is Diamond Products Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Diamond Products Ltd'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
Fairmont Homes LLC $45
-2.1%
Indicates identical technical requirements and experience levels between the two firms.
Kerkstra Precast Inc $46
+0.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Ramsey Industries Inc $46
+0.7%
Suggests Ramsey Industries Inc utilizes a highly similar base-plus-benefits compensation model.
Sleepwell Co $54
+18.5%
Supported by Sleepwell Co's high-margin contracts allowing higher overhead.
MFG Durable Industry $59
+28.0%
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.

Employee Reviews: Working at Diamond Products Ltd

Considering a career at Diamond Products Ltd? 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.
Employees across multiple shifts, coordination could be challenging, but the systems in place make collaboration seamless. Work is steady and it is excitement or variation. Flexible scheduling options contribute to a healthy work-life balance. Structured onboarding and clear procedures help new hires succeed quickly. Cross-functional collaboration is encouraged, providing exposure to different as...
Recognition programs celebrate employee achievements regularly. Workplace environment is professional but occasionally rigid. Safety is prioritized, with protocols consistently enforced. The work is challenging but rewarding, and there's a strong sense of accomplishment in seeing our products come to life. The job is straightforward with little need for supervision. They provide the tools and trai...
The organization focuses on employee well-being and process improvement. I always feel protected and informed on the job. A steady, unremarkable work environment that functions but rarely adapts. This job delivers stability and clarity in expectations. It’s efficient but can feel impersonal.

Diamond Products Ltd Overview

Website
www.diamondproducts.com
Founded In
2013
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
333 Prospect St Elyria Ohio OH 44035
Revenue
$10 Million - $50 Million
Phone Number
+1 8003215336
Social Media
About Diamond Products Ltd
Diamond Products manufactures and distributes diamond tools and equipment. They are based in Elyria, Ohio.

What Benefits Does Diamond Products Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diamond Products Ltd 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 Elyria?

Understanding the cost of living near Elyria is key to truly evaluating a salary offer or your current compensation at Diamond Products Ltd.
Elyria's Cost of Living Index is approximately 78.3 (21.7% less expensive than US average; 13.8% less than OH average). Lorain County city, affordable. LCT. When planning your budget based on a salary from Diamond Products Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,050+ A significant portion of Diamond Products Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,860 - $3,010+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Diamond Products Ltd

1. How much does Diamond Products Ltd in the United States pay?

Diamond Products Ltd pays its employees an average of $46 per hour. The average salary at Diamond Products Ltd range from $40 to $52 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. Do Diamond Products Ltd employees get a higher salary than its peer company?

The salary at Diamond Products Ltd is higher than its peer company. The average annual salary at Diamond Products Ltd is $95,090, or an hourly wage of $46, in comparison to Fairmont Homes LLC which pays $93,086 per year or $45 per hour.

3. What are the highest paying jobs at Diamond Products Ltd?

The higher-paying job at Diamond Products Ltd, according to our data, include Chief Executive Officer (avg. $354 per hour), Managing Director (avg. $354 per hour), and Controller (avg. $106 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Diamond Products Ltd?

Salary progression with years of experience at Diamond Products Ltd is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Diamond Products Ltd vary by office location?

Yes, it's very likely that salaries at Diamond Products Ltd vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Elyria section provides more context.

6. Does Diamond Products Ltd offer good benefits?

Diamond Products Ltd typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Diamond Products Ltd" section on this page.