First Place Cutters Inc Salary

As of August 2026, the average hourly salary for employees at First Place Cutters Inc in the United States is $52. This translates to an approximate annual wage of $107,832. Salaries at First Place Cutters Inc typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at First Place Cutters Inc

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Is First Place Cutters Inc’s Pay Competitive? Salary Benchmarking Analysis

How does First Place Cutters 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
Form Tech Tool & Mold Inc $42
-19.9%
Form Tech Tool & Mold Inc focuses strategically on recruiting and training entry-level apprentices.
CROWN MOLDS Inc $52
-0.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Kl Cutters Inc $50
-2.9%
Indicates identical technical requirements and experience levels between the two firms.
J & J Molds Inc $48
-6.9%
J & J Molds Inc may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $59
+12.9%
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 First Place Cutters Inc

Considering a career at First Place Cutters 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.
The culture is supportive, emphasizing respect and collaboration across departments, creating a positive and productive workplace. The work atmosphere is professional, though sometimes rigid. This company redefines what modern manufacturing can be. Management recognizes hard work, and training is thorough. Entry-level roles offer decent stability but limited room to grow unless you push for advanc...
Everyone knows their role clearly. The company also offers good training programs and encourages employees to develop new skills. The company emphasizes continuous improvement, both in processes and people. There’s a strong sense of unity and shared purpose among coworkers. A good entry point for manufacturing work, though long-term advancement may be limited.
The workplace culture supports respect, collaboration, and open communication across departments. They provide modern equipment and prioritize a safe working environment above all else. It’s not just a job—it’s a place where your contribution truly matters every day. Innovative methods boost our manufacturing efficiency significantly.

First Place Cutters Inc Overview

Website
Data pending, update soon.
Founded In
1985
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
225 Broadway New York City New York NY 10007
Revenue
<$5 Million
Phone Number
-
Social Media
About First Place Cutters Inc
First Place Cutters 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 New York City, New York.

What Benefits Does First Place Cutters Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Place Cutters 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at First Place Cutters Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from First Place Cutters Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of First Place Cutters Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Place Cutters Inc

1. What is the estimated average total compensation at First Place Cutters Inc?

Salary.com estimates that the average total compensation package at First Place Cutters Inc, which can include base salary, potential bonuses, and benefits, is around $52 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does First Place Cutters Inc pay compared to Form Tech Tool & Mold Inc?

The average annual salary at First Place Cutters Inc is $107,832, or an hourly wage of $52, in comparison to Form Tech Tool & Mold Inc which pays $86,378 per year or $42 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at First Place Cutters Inc?

Salary progression from an entry-level to a senior role at First Place Cutters Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from First Place Cutters Inc in New York is fair given the local cost of living?

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

5. Are promotions at First Place Cutters Inc usually accompanied by a significant salary increase?

Yes, promotions at First Place Cutters Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.