Foreman Tool & Mold Salary

Foreman Tool & Mold Salary

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As of July 2026, the average hourly salary for employees at Foreman Tool & Mold in the United States is $39. This translates to an approximate annual wage of $80,624. Salaries at Foreman Tool & Mold typically range from $34 to $44 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Foreman Tool & Mold Pay for Different Roles?

Explore detailed salary information for specific jobs at Foreman Tool & Mold. 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

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Foreman Tool & Mold.
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About Foreman Tool & Mold: Company Profile

Website
www.foremantool.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
SAINT CHARLES
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Foreman Tool & Mold's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Communication is formal to address employee concerns. While leadership communicates important updates, day-to-day interaction is minimal. Competitive pay with solid benefits keeps employees motivated. Everyone understands their responsibilities, and support is always available.
Commented in May 02, 2025
23
2
Leadership supports employee growth and skill development. The incentive programs reward both individual performance and team achievements. Comprehensive training enhances team skills and knowledge. The workplace is functional and it is somehow particularly forward-thinking. This company has cultivated an excellent work culture where employees feel genuinely supported and appreciated. Shift schedu...
Commented in December 16, 2024
18
1
If you’re okay with standing and lifting, it’s a reasonable workplace. Career advancement is possible but often competitive The workplace culture is professional but can sometimes feel rigid and formal. This makes you feel like your voice matters and that you can contribute to positive changes. Recognition initiatives regularly highlight employee contributions, creating a positive and motivating w...
Commented in July 10, 2024
15
0
The pace is steady, and expectations are clear. Job stability is a real plus. The company's evident, consistent, and ongoing commitment to ensuring employee satisfaction within all our creative departments is truly wonderful and highly appreciated.
Commented in June 28, 2024
49
2
Your experience here will largely depend on your immediate supervisor. The company truly values its employees and is committed to creating a safe, positive, and growth-focused work environment. Schedules sometimes change with short notice. Competitive pay and benefits attract and retain talent. Cross-training opportunities allow employees to develop diverse skills across different production areas...
Commented in March 22, 2024
45
3

How Foreman Tool & Mold's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Foreman Tool & Mold’s pay competitiveness. Click on a company for a deeper dive.

Is Foreman Tool & Mold’s Pay Competitive? Salary Benchmarking Analysis

How does Foreman Tool & Mold'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
FRANKSMANUFACTURING $36
-7.9%
FRANKSMANUFACTURING may offer non-monetary perks in lieu of competitive base salaries.
FARO INDUSTRIES $37
-5.0%
FARO INDUSTRIES operates with a leaner overhead structure, impacting base wage offers.
FORMPLASTICS $39
-0.6%
Suggests FORMPLASTICS utilizes a highly similar base-plus-benefits compensation model.
FISCHERMOLDINC $39
+0.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $59
+51.0%
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.

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 Foreman Tool & Mold.
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 Foreman Tool & Mold, 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 Foreman Tool & Mold 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 Foreman Tool & Mold

FAQ 1: What is the average salary for employees at Foreman Tool & Mold?
The average total compensation for employees at Foreman Tool & Mold is approximately $39 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $34 to $44 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Foreman Tool & Mold pay compared to FRANKSMANUFACTURING?
The average annual salary at Foreman Tool & Mold is $80,624, or an hourly wage of $39, in comparison to FRANKSMANUFACTURING which pays $74,240 per year or $36 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Foreman Tool & Mold?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Foreman Tool & Mold for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Foreman Tool & Mold offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?
While some companies offer formal COLA, many, including potentially Foreman Tool & Mold, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 5: What's the typical process for salary reviews and raises at Foreman Tool & Mold?
Most companies, likely including Foreman Tool & Mold, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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