Lach Diamond Inc Salary

Lach Diamond Inc Salary

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As of August 2026, the average annual salary for employees at Lach Diamond Inc in the United States is $85,924. This translates to an approximate hourly wage of $41. Salaries at Lach Diamond Inc typically range from $75,682 to $96,954 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lach Diamond Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lach Diamond Inc. Based on our data, the highest paying job is the Manager, Operations, with an annual salary of $91,528. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Lach Diamond Inc

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

Is Lach Diamond Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lach Diamond 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
Renew Valve & Machine Co $89,215
+3.8%
Reflects structural premiums typical of Renew Valve & Machine Co's large-cap national operations.
Hannapel $85,629
-0.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
HB Carbide Co $83,519
-2.8%
Indicates identical technical requirements and experience levels between the two firms.
Enlog LLC $107,737
+25.4%
Reflects a supply-demand imbalance for the specific talent Enlog LLC targets.
MFG Durable Industry $121,746
+41.7%
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.

How Lach Diamond Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lach Diamond Inc

Considering a career at Lach Diamond 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.
Work can be repetitive depending on department. The atmosphere is neutral and inoffensive overall. Employees receive steady pay and benefits but experience fluctuating workloads and occasional communication gaps. The focus on producing quality work is high, but the pressure is never overwhelming. The team is close-knit, and everyone is willing to help each other out.
Commented in February 19, 2025
38
0
Safety is emphasized, but innovation seems limited. Opportunities for advancement are available. They also provide great benefits and flexibility for work-life balance. I’ve had great mentors here who’ve guided me through challenges. Clean facility, modern equipment, and safe practices. Flexible work schedules and safety initiatives enhance employee satisfaction. Pay is competitive and benefits ar...
Commented in December 30, 2024
32
0
This company feels like a family. The workplace is professional, though camaraderie is minimal. This company offers competitive pay and a solid benefits package. The culture is professional but occasionally bureaucratic, limiting rapid changes or innovation. Supportive management and a strong sense of teamwork make this a great place to grow.
Commented in February 25, 2024
48
1

Lach Diamond Inc Overview

Website
www.lach-diamond.com
Founded In
1982
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
4350 Airwest Dr SE Grand Rapids Michigan MI 49512
Revenue
$5 Million - $10 Million
Phone Number
+1 6166980101
Social Media
About Lach Diamond Inc
As the only company worldwide with the product portfolio of turning, drilling, milling and grinding tools LACH DIAMOND INC. develops and manufactures customer-specific solutions, e.g for the automotive and aerospace industries. The company is closely intertwined with its almost 100 years old counterpart in Germany: LACH DIAMANT. Products

What Benefits Does Lach Diamond Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lach Diamond 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)
Work at Lach Diamond Inc?
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What Is the Cost of Living Near Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Lach Diamond Inc.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Lach Diamond Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Lach Diamond Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lach Diamond Inc

1. What is the typical salary range (low to high) for most roles at Lach Diamond Inc?

The typical annual salary range for most roles at Lach Diamond Inc is approximately from $75,682 to $96,954. 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 Lach Diamond Inc pay compared to Renew Valve & Machine Co?

The average annual salary at Lach Diamond Inc is $85,924, or an hourly wage of $41, in comparison to Renew Valve & Machine Co which pays $89,215 per year or $43 per hour.

3. Do salaries differ significantly between departments at Lach Diamond Inc?

Yes, salaries often differ between departments at Lach Diamond 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 Lach Diamond Inc?

Experience level is a significant factor in determining salary at Lach Diamond 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 Lach Diamond Inc in Grand Rapids is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Lach Diamond Inc?

Several key factors influence salary levels at Lach Diamond Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Lach Diamond Inc likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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