Masterform Tool Co Salary

As of October 2026, the average hourly salary for employees at Masterform Tool Co in the United States is $40. This translates to an approximate annual wage of $82,483. Salaries at Masterform Tool Co typically range from $35 to $45 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Masterform Tool Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Masterform Tool Co. 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

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Digital Marketing & Content Specialist

$55 / hour

Salary Range: $49 - $62

Digital Marketing

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

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About Masterform Tool Co: Company Profile

Website
www.masterformtool.com
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Location
FRANKLIN PARK
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MASTERFORM TOOL CO
Masterform Tool Company is a company based out of 9901 Franklin Avenue, Franklin Park, Illinois, United States.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Masterform Tool Co's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
What I appreciate most is the company's focus on continuous improvement - employee ideas regularly lead to process optimizations. It's a workplace committed to continuous improvement and accountability. I’ve worked in several manufacturing facilities over the years, and this one is by far the best. Employees receive training and recognition, and the workspace is safe, clean, and productive. Employ...
Clear communication from leadership fosters trust and transparency. Opportunities for advancement are available. Stress is managed well, and there’s a collective effort to overcome challenges without blame. Meetings are purposeful, and goals are achievable.
I’ve built great relationships and gained confidence in my role here. Everyone works together to hit goals. I've taken part in several skills development workshops and internal certification programs. The emphasis on safety and efficiency keeps morale high. Workloads fluctuate, leading to periods of high stress. Ideas are listened to, and contributions are recognized, creating a motivating atmosph...
Safety standards are good but could improve further. They offer good opportunities for advancement and reward hard work, making it a motivating and enjoyable place to be employed in the manufacturing sector. Most importantly, there's genuine pride throughout the organization in the quality products we produce. The collaborative spirit at truly remarkable. Excellent leadership, great communication,...

Is Masterform Tool Co’s Pay Competitive? Salary Benchmarking Analysis

How does Masterform Tool Co'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
MCMCC $37
-7.8%
Typical compensation structure for smaller regional agencies like MCMCC.
METLSAW $42
+6.4%
Supported by METLSAW's high-margin contracts allowing higher overhead.
FELLOWS CORPORATION $38
-3.2%
FELLOWS CORPORATION operates with a leaner overhead structure, impacting base wage offers.
CHAS G ALLEN $39
-1.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
MFG Durable Industry $59
+47.6%
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 Masterform Tool Co.
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 Masterform Tool Co, 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 Masterform Tool Co 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 Masterform Tool Co

FAQ 1: What is the average salary for employees at Masterform Tool Co?
The average total compensation for employees at Masterform Tool Co is approximately $40 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $35 to $45 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Masterform Tool Co pay compared to MCMCC?
The average annual salary at Masterform Tool Co is $82,483, or an hourly wage of $40, in comparison to MCMCC which pays $76,065 per year or $37 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Masterform Tool Co?
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 Masterform Tool Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Masterform Tool Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?
While some companies offer formal COLA, many, including potentially Masterform Tool Co, 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 Masterform Tool Co?
Most companies, likely including Masterform Tool Co, 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.