Major Tool & Machine Inc Salary

As of August 2026, the average hourly salary for employees at Major Tool & Machine Inc in the United States is $48. This translates to an approximate annual wage of $100,037. Salaries at Major Tool & Machine Inc typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Major Tool & Machine Inc

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Is Major Tool & Machine Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Major Tool & Machine 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
Electromech Technologies LLC $47
-1.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Claridge Products & Equipment Inc $44
-8.2%
Normalized for lower cost-of-living zones where Claridge Products & Equipment Inc primarily operates.
T5dc SA $48
+0.4%
Suggests T5dc SA utilizes a highly similar base-plus-benefits compensation model.
Bystronic Inc $51
+6.9%
Reflects a supply-demand imbalance for the specific talent Bystronic Inc targets.
MFG Durable Industry $59
+21.7%
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.

Employee Reviews: Working at Major Tool & Machine Inc

Considering a career at Major Tool & Machine 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.
If you’re looking for predictability and minimal stress, this could be a good fit. If you’re okay with standing and lifting, it’s a reasonable workplace. Communication is average; could be more transparent. Promotion paths are available but competitive. The camaraderie with my colleagues is one of the best parts of working here.
Great team environment with clear goals and expectations. I've spent 15 years in manufacturing and this is by far the best company I've worked for. Safety standards are rigorous and consistently maintained, which creates a reassuring atmosphere. Employees receive fair benefits and maintain steady employment, though work can be repetitive. Leadership is transparent and proactive, keeping employees ...
There’s a decent balance between routine and task variation. It's a stable, reputable company that genuinely looks after its employees' interests and development. Safety standards are rigorous, creating a secure workplace environment. This flexibility has allowed me to grow and stay engaged with my work every day. They invest in state-of-the-art equipment, making day-to-day tasks safer and more ef...

Major Tool & Machine Inc Overview

Website
www.majortool.com
Founded In
1946
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
1458 E 19th St Indianapolis Indiana IN 46218
Revenue
$50 Million - $200 Million
Phone Number
+1 3176366433
Social Media
About Major Tool & Machine Inc
Headquartered in Indianapolis, Indiana, Major Tool & Machine is an engineering company that works with welding, fabrication, manufacturing of tools, and parts, as well as assembly and testing.

What Benefits Does Major Tool & Machine Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Major Tool & Machine 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Major Tool & Machine Inc.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Major Tool & Machine Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Major Tool & Machine Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Major Tool & Machine Inc

1. What is the estimated average total compensation at Major Tool & Machine Inc?

Salary.com estimates that the average total compensation package at Major Tool & Machine Inc, which can include base salary, potential bonuses, and benefits, is around $48 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Major Tool & Machine Inc pay compared to Electromech Technologies LLC?

The average annual salary at Major Tool & Machine Inc is $100,037, or an hourly wage of $48, in comparison to Electromech Technologies LLC which pays $98,318 per year or $47 per hour.

3. Do salaries differ significantly between departments at Major Tool & Machine Inc?

Yes, salaries often differ between departments at Major Tool & Machine 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Major Tool & Machine Inc?

Salary progression from an entry-level to a senior role at Major Tool & Machine 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.

5. How can I determine if a salary offer from Major Tool & Machine Inc in Indianapolis is fair given the local cost of living?

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

6. Are promotions at Major Tool & Machine Inc usually accompanied by a significant salary increase?

Yes, promotions at Major Tool & Machine 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.